Richards Building Services Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 04726422

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		118,359		157,060

			118,359		157,060
CURRENT ASSETS
Debtors		86,348		126,573
Cash at bank and in hand		89,421		106,146

		175,769		232,719
Creditors: Amounts Falling Due Within One Year		(115,148 )		(135,047 )

NET CURRENT ASSETS (LIABILITIES)			60,621		97,672

TOTAL ASSETS LESS CURRENT LIABILITIES			178,980		254,732

Creditors: Amounts Falling Due After More Than One Year			(1,855 )		(12,985 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(29,590 )		(40,363 )

NET ASSETS			147,535		201,384

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			147,435		201,284

SHAREHOLDERS' FUNDS			147,535		201,384

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Richards Building Services Limited

Abridged Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Andrew Richards Director	Mr Jay Richards Director
7 September 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Richards Building Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04726422 . The registered office is 2 Mountside, Stanmore, Middlesex, HA7 2DT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover represents net invoiced sales of services, excluding value added tax in respect of the principal activity of the company being that of general builders and contractors.

Turnover has also been recognised in respect of on-going services with the value of work completed but unbilled at the balance sheet date being taken to turnover and the associated costs, where not invoiced at that date, being accrued for.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	50% on cost
Computer Equipment	33% on cost

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. 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 balance sheet date.

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 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 5)

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Richards Building Services Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2025	250,400
Additions	907

As at 31 March 2026	251,307

Depreciation
As at 1 April 2025	93,340
Provided during the period	39,608

As at 31 March 2026	132,948

Net Book Value
As at 31 March 2026	118,359

As at 1 April 2025	157,060

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2026	2025
	£	£
Motor Vehicles	54,587	72,782

5. Secured Creditors

Of the creditors the following amounts are secured.

	2026		2025
	£		£
Net obligations under finance lease and hire purchase contracts	12,985		28,341

6. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	11,130	15,356
Later than one year and not later than five years	1,855	12,985

	12,985	28,341

	12,985	28,341

7. Share Capital

	2026	2025
Allotted, called up but not fully paid	£	£
80 Ordinary A shares of £ 1.00 each	80	80
20 Ordinary B shares of £ 1.00 each	20	20

	100	100

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