Richfield Accounting Limited

Registered Number: 02151425 Richfield Accounting Limited
Balance Sheet
As at 30 June 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	5,825	2,081
		5,825	2,081
Current assets
Debtors	4	5,100	34,500
Cash at bank and in hand		7,777	45,330
		12,877	79,830
Creditors: amount falling due within one year	5	(16,724)	(73,608)
Net current assets		(3,847)	6,222

Total assets less current liabilities		1,978	8,303
Creditors: amount falling due after more than one year	6	-	(3,000)
Net assets		1,978	5,303

Capital and reserves
Called up share capital	7	67,100	67,100
Profit and loss account		(65,122)	(61,797)
Shareholders' funds		1,978	5,303

For the year ended 30 June 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 05 August 2026 and were signed on its behalf by:

-------------------------------
Oliver Charles Bonavia Sheaky
Director

Richfield Accounting Limited
Notes to the Financial Statements
For the year ended 30 June 2026

General Information

Richfield Accounting Limited is a private company, limited by shares, registered in England and Wales, under 02151425, at Unit 10, Clayfield Mews, Newcomen Road, Tunbridge wells, Kent, TN4 9PA.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 (under Part 1A), the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006.

Basis of preparation

The financial statements are presented in £ Sterling (which is the operational currency of the Company), on the going concern basis under the historical cost convention in accordance with the accounting policies.

Going concern basis

In preparing the financial statements, the directors are required to make an assessment of the ability of the Company to continue as a going concern. The directors have considered all available evidence for the company which covers the 12- months from the date of signing these financial statements. The directors have paid particular attention to likely cashflow requirements and future availability of adequate cashflow to the Company.

On the basis of this consideration, the directors are confident that the Company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they are satisfied that no material uncertainty exists. As a result of the above, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements and that no material uncertainty exists in reaching this conclusion.

Turnover

Fee income represents revenue earned under a variety of contracts to provide professional services. Revenue is recognised as earned when, and to the extent that, the Company obtains the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to clients, including disbursements, but excluding value added tax.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Taxation

Taxation represents the sum of Corporation Tax currently payable, recognised in the profit and loss account. No provision for Deferred Tax is made. The Company's liability for current tax is calculated using the tax rates and laws enacted or substantively enacted at the reporting date. Current tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	20% Reducing Balance
Computer Equipment	20% Reducing Balance

2.	Average number of employees Average number of employees during the year was 2 (2025 : 2).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 July 2025	-	3,623	3,623
Additions	3,950	1,250	5,200
Disposals	-	-	-
At 30 June 2026	3,950	4,873	8,823
Depreciation
At 01 July 2025	-	1,542	1,542
Charge for year	790	666	1,456
On disposals	-	-	-
At 30 June 2026	790	2,208	2,998
Net book values
Closing balance as at 30 June 2026	3,160	2,665	5,825
Opening balance as at 01 July 2025	-	2,081	2,081

Debtors: amounts falling due within one year

	2026 £		2025 £
Other Debtors	5,100		34,500
	5,100		34,500

Creditors: amount falling due within one year

	2026 £	2025 £
Short Term Borrowing	9,000	64,160
Taxation and Social Security	7,724	9,448
	16,724	73,608

Creditors: amount falling due after more than one year

	2026 £		2025 £
Other Creditors	-		3,000
	-		3,000

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
67,100 ordinary shares of £1.00 each	67,100		67,100
	67,100		67,100

Registered Number: 02151425
England and Wales
RICHFIELD ACCOUNTING LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 July 2025 End date: 30 June 2026