REGISTERED NUMBER: 09951536 (England and Wales)

Unaudited Financial Statements

for the Period 1 February 2025 to 31 August 2025

for

Richard James Property Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R J Oldaker

J D Wiggins

REGISTERED OFFICE:

173 Victoria Road

Aldershot

GU11 1JU

REGISTERED NUMBER:

09951536 (England and Wales)

ACCOUNTANTS:

Blackwood Futcher & Co.

Chartered Accountants

9 St George's Yard

Farnham

Surrey

GU9 7LW

FIXED ASSETS

Tangible assets

4

-

340,000

CURRENT ASSETS

Debtors

5

1,611

1,514

Cash at bank

37,205

18,034

38,816

19,548

CREDITORS

Amounts falling due within one year

6

37,466

69,553

NET CURRENT ASSETS/(LIABILITIES)

1,350

(50,005

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,350

289,995

CREDITORS

Amounts falling due after more than one year

7

-

(61,929

)

PROVISIONS FOR LIABILITIES

-

(32,269

)

NET ASSETS

1,350

195,797

CAPITAL AND RESERVES

Called up share capital

2,000

1,000

Other reserves

-

103,467

Retained earnings

(650

)

91,330

1,350

195,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

R J Oldaker - Director

1.	STATUTORY INFORMATION

Richard James Property Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Land and buildings - 1% on straight line

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 February 2025

346,660

Disposals

(346,660

)

At 31 August 2025

-

DEPRECIATION

At 1 February 2025

6,660

Eliminated on disposal

(6,660

)

At 31 August 2025

-

NET BOOK VALUE

At 31 August 2025

-

At 31 January 2025

340,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.1.25

£

£

Other debtors

1,611

1,514

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.1.25

£

£

Bank loans and overdrafts

-

11,625

Taxation and social security

36,326

2,592

Other creditors

1,140

55,336

37,466

69,553

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.1.25

£

£

Bank loans

-

61,929

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

17,315

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.1.25

£

£

Bank loan

-

51,440

The company has a fixed and floating charge held by the bank over the company assets as security held for the bank loan.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 August 2025 and the year ended 31 January 2025:

31.8.25

31.1.25

£

£

R J Oldaker

Balance outstanding at start of period

-

940

Amounts repaid

-

(940

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

-

J D Wiggins

Balance outstanding at start of period

-

940

Amounts repaid

-

(940

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

-