IRIS Accounts Production v23.2.0.158 04635855 Board of Directors 1.2.22 31.1.23 31.1.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046358552022-01-31046358552023-01-31046358552022-02-012023-01-31046358552021-01-31046358552021-02-012022-01-31046358552022-01-3104635855ns10:Originalns15:EnglandWales2022-02-012023-01-3104635855ns14:PoundSterlingns10:Original2022-02-012023-01-3104635855ns10:Originalns10:Director12022-02-012023-01-3104635855ns10:Original2022-02-012023-01-3104635855ns10:Original2023-01-3104635855ns10:Originalns10:PrivateLimitedCompanyLtd2022-02-012023-01-3104635855ns10:Originalns10:SmallEntities2022-02-012023-01-3104635855ns10:Originalns10:AuditExemptWithAccountantsReport2022-02-012023-01-3104635855ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3104635855ns10:SmallCompaniesRegimeForAccountsns10:Original2022-02-012023-01-3104635855ns10:Originalns10:FullAccounts2022-02-012023-01-3104635855ns10:Originalns10:OrdinaryShareClass12022-02-012023-01-3104635855ns10:Originalns10:Director22022-02-012023-01-3104635855ns10:CompanySecretary1ns10:Original2022-02-012023-01-3104635855ns10:Originalns10:RegisteredOffice2022-02-012023-01-3104635855ns10:Original2022-01-3104635855ns10:Originalns5:CurrentFinancialInstruments2023-01-3104635855ns10:Originalns5:CurrentFinancialInstruments2022-01-3104635855ns5:ShareCapitalns10:Original2023-01-3104635855ns5:ShareCapitalns10:Original2022-01-3104635855ns10:Originalns5:SharePremium2023-01-3104635855ns10:Originalns5:SharePremium2022-01-3104635855ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-01-3104635855ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-01-3104635855ns10:Originalns5:LandBuildings2022-02-012023-01-3104635855ns10:Originalns5:PlantMachinery2022-02-012023-01-3104635855ns10:Original2021-02-012022-01-3104635855ns10:Originalns5:LandBuildings2022-01-3104635855ns10:Originalns5:PlantMachinery2022-01-3104635855ns10:Original2022-01-3104635855ns10:Originalns5:LandBuildings2023-01-3104635855ns10:Originalns5:PlantMachinery2023-01-3104635855ns10:Originalns5:LandBuildings2022-01-3104635855ns10:Originalns5:PlantMachinery2022-01-3104635855ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3104635855ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-01-3104635855ns10:Originalns10:OrdinaryShareClass12023-01-31
REGISTERED NUMBER: 04635855 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

RIVERMEAD TRADING LIMITED

RIVERMEAD TRADING LIMITED (REGISTERED NUMBER: 04635855)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

RIVERMEAD TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: D Hall
Mrs C Hall





SECRETARY: D Hall





REGISTERED OFFICE: East Wing Goffs Oak House
Goffs Lane
Goffs Oak
Hertfordshire
EN7 5BW





REGISTERED NUMBER: 04635855 (England and Wales)





ACCOUNTANTS: OBK Limited trading as O'Byrne & Kennedy
East Wing
Goffs Oak House
Goffs Lane
Goffs Oak
Hertfordshire
EN7 5BW

RIVERMEAD TRADING LIMITED (REGISTERED NUMBER: 04635855)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 734,877 819,445

CURRENT ASSETS
Stocks 416,997 485,506
Debtors 5 24,604 33,986
Cash at bank and in hand 568,411 444,511
1,010,012 964,003
CREDITORS
Amounts falling due within one year 6 276,324 401,481
NET CURRENT ASSETS 733,688 562,522
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,468,565

1,381,967

PROVISIONS FOR LIABILITIES 26,426 39,066
NET ASSETS 1,442,139 1,342,901

CAPITAL AND RESERVES
Called up share capital 7 15,400 15,400
Share premium 999 999
Retained earnings 1,425,740 1,326,502
SHAREHOLDERS' FUNDS 1,442,139 1,342,901

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

RIVERMEAD TRADING LIMITED (REGISTERED NUMBER: 04635855)

BALANCE SHEET - continued
31 JANUARY 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 Board of Directors and authorised for issue on 20 October 2023 and were signed on its behalf by:





D Hall - Director


RIVERMEAD TRADING LIMITED (REGISTERED NUMBER: 04635855)

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

1. STATUTORY INFORMATION

Rivermead Trading 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The financial statements have been rounded to the nearest £.

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.
Land and buildings - 4% on cost
Plant and machinery etc - 25% on cost

Within land and buildings is freehold investment property of £302,348 (2022: £302,348) which is not depreciated on the grounds that it would be immaterial because the estimated residual value is not materially different from its carrying amount.

The value of the freehold is deemed to be negligible to the company and the income from the property is immaterial. The property is therefore treated under Section 17 'Property, Plant and Equipment' of FRS 102 and valued using the historical cost model.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

RIVERMEAD TRADING LIMITED (REGISTERED NUMBER: 04635855)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

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.

RIVERMEAD TRADING LIMITED (REGISTERED NUMBER: 04635855)

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

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2022 - 31 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2022 720,462 608,218 1,328,680
Additions - 21,953 21,953
Disposals - (6,528 ) (6,528 )
At 31 January 2023 720,462 623,643 1,344,105
DEPRECIATION
At 1 February 2022 123,368 385,867 509,235
Charge for year 16,734 89,787 106,521
Eliminated on disposal - (6,528 ) (6,528 )
At 31 January 2023 140,102 469,126 609,228
NET BOOK VALUE
At 31 January 2023 580,360 154,517 734,877
At 31 January 2022 597,094 222,351 819,445

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,194 12,561
Other debtors 18,410 21,425
24,604 33,986

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 94,144 265,678
Taxation and social security 147,050 104,245
Other creditors 35,130 31,558
276,324 401,481

RIVERMEAD TRADING LIMITED (REGISTERED NUMBER: 04635855)

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

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
15,400 Ordinary £1 15,400 15,400

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £166,320 (2022 - £781,858) were paid to the directors .

The following loans (to)/from directors subsisted during the year ended 31 January 2023 and 31 January 2022:

20232022
££
Mr D Hall
Balance outstanding at start of year --
Balance outstanding at end of year 4,130-
Maximum balance outstanding during year 34,695-

Mrs C Hall
Balance outstanding at start of year --
Balance outstanding at end of year 130-
Maximum balance outstanding during year 34,695-

These are interest-free loans.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
RIVERMEAD TRADING LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rivermead Trading Limited for the year ended 31 January 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Rivermead Trading Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rivermead Trading Limited and state those matters that we have agreed to state to the Board of Directors of Rivermead Trading Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rivermead Trading Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Rivermead Trading Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rivermead Trading Limited. You consider that Rivermead Trading Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rivermead Trading Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






OBK Limited trading as O'Byrne & Kennedy
East Wing
Goffs Oak House
Goffs Lane
Goffs Oak
Hertfordshire
EN7 5BW


20 October 2023