K W Richards Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00798926 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2026

FOR

K W RICHARDS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K A Naismith

G B Naismith

J A G Naismith

REGISTERED OFFICE:

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

REGISTERED NUMBER:

00798926 (England and Wales)

ACCOUNTANTS:

Stephenson Nuttall & Co

Chartered Accountants

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

FIXED ASSETS

Investments

4

1,234,320

1,092,897

Investment property

5

107,446

1,341,766

1,200,343

CURRENT ASSETS

Debtors

6

5,895

14,162

Cash at bank

279

2,082

6,174

16,244

CREDITORS

Amounts falling due within one year

7

8,343

18,442

NET CURRENT LIABILITIES

(2,169

)

(2,198

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,339,597

1,198,145

PROVISIONS FOR LIABILITIES

8

153,895

114,433

NET ASSETS

1,185,702

1,083,712

CAPITAL AND RESERVES

Called up share capital

9

26,858

Capital redemption reserve

3,500

Retained earnings

1,155,344

1,053,354

SHAREHOLDERS' FUNDS

1,185,702

1,083,712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5th April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 5th April 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5th October 2026 and were signed on its behalf by:

Mrs K A Naismith - Director

G B Naismith - Director

1.	STATUTORY INFORMATION

K W Richards 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is the amount derived from the holding of investments which fall within the company's ordinary activities.

Fixed asset investments and investment property

Fixed asset investments are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 6th April 2025

1,092,897

Additions

24,815

Disposals

(31,047

)

Revaluations

147,655

At 5th April 2026

1,234,320

NET BOOK VALUE

At 5th April 2026

1,234,320

At 5th April 2025

1,092,897

Cost or valuation at 5th April 2026 is represented by:

Listed

investments

£

Valuation in 2026

687,935

Cost

546,385

1,234,320

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6th April 2025

and 5th April 2026

107,446

NET BOOK VALUE

At 5th April 2026

107,446

At 5th April 2025

107,446

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5/4/26

5/4/25

£

Broker's deposit account

5,895

14,162

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5/4/26

5/4/25

£

Tax

1,097

702

Deferred income

3,500

-

Accrued expenses

3,746

17,740

8,343

18,442

8.	PROVISIONS FOR LIABILITIES

5/4/26

5/4/25

£

Deferred tax

153,895

114,433

Deferred

tax

£

Balance at 6th April 2025

114,433

Revaluation of investments

39,462

Balance at 5th April 2026

153,895

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5/4/26

5/4/25

value:

£

13,700

Ordinary

£1

13,700

13,158

"A" Ordinary

£1

13,158

26,858

The "A" Ordinary shares carry equal voting rights with the Ordinary shares. The "A" Ordinary shares carry rights to dividends as a separate class of share, distinct from the Ordinary shares.