Richmond Business Centres Limited

Registered number

09836839

Filleted Accounts

31 March 2026

Richmond Business Centres Limited
Registered number:		09836839
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		755,701			468,476

Current assets
Debtors	4	3,313,836			3,195,182
Cash at bank and in hand		123,761			71,759
		3,437,597			3,266,941

Creditors: amounts falling due within one year	5	(2,017,280)			(1,542,034)

Net current assets			1,420,317			1,724,907

Total assets less current liabilities			2,176,018			2,193,383

Creditors: amounts falling due after more than one year	6		(155,200)			-

Net assets			2,020,818			2,193,383

Capital and reserves
Called up share capital			100			100
Profit and loss account			2,020,718			2,193,283

Shareholders' funds			2,020,818			2,193,383

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Naveen Bhandari			Suresh Aggarwal
Director			Director
Approved by the board on 7 October 2026			Approved by the board on 7 October 2026

Richmond Business Centres Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Income
	Income is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 5 to 20 years
	Furniture and fittings			over 5 to 20 years
	Motor Vehicles			over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					3		5

3	Tangible fixed assets
		Motor Vehicles		Plant and machinery etc		Furniture & Fittings		Total
£			£		£		£
	Cost
	At 1 April 2025	49,973		92,903		922,158		1,065,034
	Additions	74,650		1,760		331,036		407,446
	Disposals	-		-		(39,891)		(39,891)
	At 31 March 2026	124,623		94,663		1,213,303		1,432,589

	Depreciation
	At 1 April 2025	27,486		80,012		489,060		596,558
	Charge for the year	11,239		5,643		65,040		81,922
	On disposals	-		-		(1,592)		(1,592)
	At 31 March 2026	38,725		85,655		552,508		676,888

	Net book value
	At 31 March 2026	85,898		9,008		660,795		755,701
	At 31 March 2025	22,487		12,891		433,098		468,476

4	Debtors					2026		2025
£							£

	Trade debtors					69,502		9,971
	Other debtors					3,244,334		3,185,211
						3,313,836		3,195,182

5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					49,011		-
	Trade creditors					61,153		151,727
	Taxation and social security costs					22,872		-
	Other creditors					1,884,244		1,390,307
						2,017,280		1,542,034

6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					155,200		-

7	Other financial commitments					2026		2025
£							£

	Total future minimum payments under non-cancellable operating leases					8,098,151		8,568,313

8	Transactions with directors

	During the year directors' salary amounted to £6,500 [2025 - £6,000]. At the year end the directors owed the company £500,772 [2025 - £500,000]. During the year the company made pension contributions amounting to £60,000 (£15,000 was paid in the year and £45,000 was accrued) [2025 - £nil] on behalf of the directors. Tax relief on £45,000 of the accrued pension contributions has been deferred until the paid in the following period.


9	Controlling party

	The company is controlled jointly by Mr and Mrs Bhandari by virtue of their joint 100% shareholding in the issued share capital of the company.

10	Other information

	Richmond Business Centres Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Boundary House
	Boston Road
	Hanwell
	W7 2QE