IRIS Accounts Production v26.1.10.61 03653572 director 1.7.24 30.6.25 30.6.25 false true false false true false Ordinary shares 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03653572 2024-06-30 03653572 2025-06-30 03653572 2024-07-01 2025-06-30 03653572 2023-06-30 03653572 2023-07-01 2024-06-30 03653572 2024-06-30 03653572 ns15:EnglandWales 2024-07-01 2025-06-30 03653572 ns14:PoundSterling 2024-07-01 2025-06-30 03653572 ns10:Director1 2024-07-01 2025-06-30 03653572 ns10:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 03653572 ns10:SmallEntities 2024-07-01 2025-06-30 03653572 ns10:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 03653572 ns10:SmallCompaniesRegimeForDirectorsReport 2024-07-01 2025-06-30 03653572 ns10:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 03653572 ns10:FullAccounts 2024-07-01 2025-06-30 03653572 ns10:OrdinaryShareClass1 2024-07-01 2025-06-30 03653572 ns10:RegisteredOffice 2024-07-01 2025-06-30 03653572 ns5:CurrentFinancialInstruments 2025-06-30 03653572 ns5:CurrentFinancialInstruments 2024-06-30 03653572 ns5:ShareCapital 2025-06-30 03653572 ns5:ShareCapital 2024-06-30 03653572 ns5:RetainedEarningsAccumulatedLosses 2025-06-30 03653572 ns5:RetainedEarningsAccumulatedLosses 2024-06-30 03653572 ns5:FurnitureFittings 2024-07-01 2025-06-30 03653572 ns5:MotorVehicles 2024-07-01 2025-06-30 03653572 ns5:FurnitureFittings 2024-06-30 03653572 ns5:MotorVehicles 2024-06-30 03653572 ns5:FurnitureFittings 2025-06-30 03653572 ns5:MotorVehicles 2025-06-30 03653572 ns5:FurnitureFittings 2024-06-30 03653572 ns5:MotorVehicles 2024-06-30 03653572 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-30 03653572 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-06-30 03653572 ns10:OrdinaryShareClass1 2025-06-30

REGISTERED NUMBER: 03653572 (England and Wales)

| N.J. RICHARDS PROJECT LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 JUNE 2025 |

N.J. RICHARDS PROJECT LIMITED (REGISTERED NUMBER: 03653572)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

| Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 3 |  | to |  | 5

N.J. RICHARDS PROJECT LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 30 JUNE 2025

| DIRECTOR: | R Neocleous

| REGISTERED OFFICE: | 20 Wenlock Road

| London

| N1 7GU

| REGISTERED NUMBER: | 03653572 (England and Wales)

| ACCOUNTANTS: | Beavis Morgan LLP

| 3rd Floor

| Marlborough House

| 298 Regents Park Road

| Finchley

| London

| N3 2SZ

N.J. RICHARDS PROJECT LIMITED (REGISTERED NUMBER: 03653572)

STATEMENT OF FINANCIAL POSITION

30 JUNE 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | 264 |  |

CURRENT ASSETS

Debtors | 5 | 490,242 |  | 1,132,843 |  |

Cash at bank | 86,152 |  | 27,039 |  |

576,394 |  | 1,159,882 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,179,642 |  | 856,877 |  |

NET CURRENT (LIABILITIES)/ASSETS | (603,248 | ) | 303,005 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | (603,248 | ) | 303,269 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 5,000 |  | 5,000 |  |

Retained earnings | (608,248 | ) | 298,269 |  |

SHAREHOLDERS' FUNDS | (603,248 | ) | 303,269 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 17 July 2026 and were signed by:

R Neocleous - Director

N.J. RICHARDS PROJECT LIMITED (REGISTERED NUMBER: 03653572)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1. | STATUTORY INFORMATION

| N.J. Richards Project Limited 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.The financial statements are prepared in sterling, which is the functional currency of the entity, and figures are rounded to the nearest pound.

| Turnover

| Turnover represents the total invoice value, excluding Value Added Tax, of sales made during the year and is recognised at the time of supply of service and includes provisions for amounts not yet invoiced for work and completed at the year end. This provision is included under accrued income.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 15% on cost

| Motor vehicles | - | 20% on cost

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Financial instruments

| Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

| Taxation

| Taxation for the year 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

N.J. RICHARDS PROJECT LIMITED (REGISTERED NUMBER: 03653572)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

2. | ACCOUNTING POLICIES - continued

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Impairment

| A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

| When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the assets and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 11 (2024 - 12 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |

| fittings |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 July 2024

| and 30 June 2025 | 75,975 |  | 99,804 |  | 175,779 |  |

| DEPRECIATION

| At 1 July 2024 | 75,711 |  | 99,804 |  | 175,515 |  |

| Charge for year | 264 |  | - |  | 264 |  |

| At 30 June 2025 | 75,975 |  | 99,804 |  | 175,779 |  |

| NET BOOK VALUE

| At 30 June 2025 | - |  | - |  | - |  |

| At 30 June 2024 | 264 |  | - |  | 264 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 381,950 |  | 862,880 |  |

| Other debtors | 108,292 |  | 269,963 |  |

490,242 |  | 1,132,843 |  |

N.J. RICHARDS PROJECT LIMITED (REGISTERED NUMBER: 03653572)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 269,784 |  | 345,239 |  |

| Amounts owed to group undertakings | 444,378 |  | 20,064 |  |

| Taxation and social security | 119,778 |  | 252,614 |  |

| Other creditors | 345,702 |  | 238,960 |  |

1,179,642 |  | 856,877 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 5,000 | Ordinary shares | 1 | 5,000 |  | 5,000 |  |

8. | ULTIMATE CONTROLLING PARTY

| The ultimate holding company is N.J. Richards Limited whose registered office is 20 Wenlock Road, London N1 7GU.