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REGISTERED NUMBER: 09676840 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

J P Rivett Limited

J P Rivett Limited (Registered number: 09676840)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


J P Rivett Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr J P Rivett





REGISTERED OFFICE: The Firs
5 Barrowden Road
Morcott
Rutland
LE15 9DQ





REGISTERED NUMBER: 09676840 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

J P Rivett Limited (Registered number: 09676840)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 524,825 536,517
Cash at bank 53,176 16,070
578,001 552,587
CREDITORS
Amounts falling due within one year 5 38,941 119,752
NET CURRENT ASSETS 539,060 432,835
TOTAL ASSETS LESS CURRENT
LIABILITIES

539,060

432,835

CREDITORS
Amounts falling due after more than one
year

6

39,606

39,830
NET ASSETS 499,454 393,005

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 499,354 392,905
SHAREHOLDERS' FUNDS 499,454 393,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 September 2023 and were signed by:



Mr J P Rivett - Director


J P Rivett Limited (Registered number: 09676840)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

J P Rivett 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.

Turnover
Turnover represents the company's share of the profits of the partnership.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Due from partnership 247,680 317,615
Other debtors 152,423 68,800
Directors' current accounts 124,722 150,102
524,825 536,517

Other than as stated under directors loan account above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,484 5,007
Tax 37,457 59,881
Other creditors - 54,864
38,941 119,752

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 6,036 5,137
Bank loans - 2-5 years 19,050 16,210
Bank loans more 5 yr by instal 14,520 18,483
39,606 39,830

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 14,520 18,483

J P Rivett Limited (Registered number: 09676840)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
Mr J P Rivett
Balance outstanding at start of year 150,102 126,788
Amounts advanced 155,961 192,419
Amounts repaid (181,342 ) (169,105 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 124,721 150,102

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2% per annum to 5th April 2022 and 2% thereafter.

9. RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided to companies with common directors and under common control amounted to £152,423 (2022: £68,880).