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REGISTERED NUMBER: 11341079 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

FOR

RIVENSTARS EARLY EDUCATION LIMITED

RIVENSTARS EARLY EDUCATION LIMITED (REGISTERED NUMBER: 11341079)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RIVENSTARS EARLY EDUCATION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: Mrs R Hassey





REGISTERED OFFICE: 29 Laburnum Way
Witham
Essex
CM8 2NY





REGISTERED NUMBER: 11341079 (England and Wales)





ACCOUNTANTS: Wilson Devenish
67 Newland Street
Witham
Essex
CM8 1AA

RIVENSTARS EARLY EDUCATION LIMITED (REGISTERED NUMBER: 11341079)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 140,428 149,276

CURRENT ASSETS
Debtors 5 1,291 -
Cash at bank 31,321 15,651
32,612 15,651
CREDITORS
Amounts falling due within one year 6 33,244 25,643
NET CURRENT LIABILITIES (632 ) (9,992 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

139,796

139,284

CREDITORS
Amounts falling due after more than one
year

7

131,860

137,960
NET ASSETS 7,936 1,324

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,836 1,224
SHAREHOLDERS' FUNDS 7,936 1,324

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

RIVENSTARS EARLY EDUCATION LIMITED (REGISTERED NUMBER: 11341079)

BALANCE SHEET - continued
31 MAY 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 October 2023 and were signed by:





Mrs R Hassey - Director


RIVENSTARS EARLY EDUCATION LIMITED (REGISTERED NUMBER: 11341079)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

Rivenstars Early Education 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - over the term of the lease
Fixtures and fittings - 25% on cost

Government grants
Income from government grants are recognised in the profit and loss account for the period in which the related expenditure was incurred.

Where a grants relates to capital expenditure, the amount is recognised as deferred income and credited to the profit and loss account by instalments over the expected useful economic life of the related asset on a consistent basis with the depreciation policy.

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
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

RIVENSTARS EARLY EDUCATION LIMITED (REGISTERED NUMBER: 11341079)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 June 2022 173,732 10,207 183,939
Additions - 942 942
At 31 May 2023 173,732 11,149 184,881
DEPRECIATION
At 1 June 2022 26,375 8,288 34,663
Charge for year 7,003 2,787 9,790
At 31 May 2023 33,378 11,075 44,453
NET BOOK VALUE
At 31 May 2023 140,354 74 140,428
At 31 May 2022 147,357 1,919 149,276

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,291 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,419 1,390
Taxation and social security 9,587 9,188
Other creditors 22,238 15,065
33,244 25,643

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 42,938 44,358
Other creditors 88,922 93,602
131,860 137,960

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 36,457 38,207