Rivervale Associates Limited 13883124 false 2022-01-31 2023-01-31 2023-01-31 The principal activity of the company is specialised design activities Digita Accounts Production Advanced 6.30.9574.0 true 13883124 2022-01-31 2023-01-31 13883124 2023-01-31 13883124 core:CurrentFinancialInstruments 2023-01-31 13883124 bus:SmallEntities 2022-01-31 2023-01-31 13883124 bus:AuditExemptWithAccountantsReport 2022-01-31 2023-01-31 13883124 bus:FullAccounts 2022-01-31 2023-01-31 13883124 bus:SmallCompaniesRegimeForAccounts 2022-01-31 2023-01-31 13883124 bus:RegisteredOffice 2022-01-31 2023-01-31 13883124 bus:Director1 2022-01-31 2023-01-31 13883124 bus:PrivateLimitedCompanyLtd 2022-01-31 2023-01-31 13883124 countries:EnglandWales 2022-01-31 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 13883124

Report of the Director and


Annual Report and Unaudited Financial Statements

for the Period from 31 January 2022 to 31 January 2023

for
 

Rivervale Associates Limited

 

Rivervale Associates Limited

Contents of the Financial Statements
for the Period from 31 January 2022 to 31 January 2023

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Rivervale Associates Limited

Company Information
for the Period from 31 January 2022 to 31 January 2023

Director:

Michael Pope

Registered office:

Savoy House
Savoy Circus
London
W3 7DA

Registered number:

13883124

Accountants:

Wem & Co
Chartered Accountants
Savoy House
Savoy Circus
London
W3 7DA

 

Rivervale Associates Limited

(Registration number: 13883124)
Balance Sheet as at 31 January 2023

Note

31.01.23

   

£

£

CURRENT ASSETS

   

Debtors

4

 

18,131

Cash at bank and in hand

   

958

   

19,089

CREDITORS

   

Creditors within 1yr

5

 

19,074

Net assets

   

15

CAPITAL AND RESERVES

   

Called up share capital

 

1

Profit and loss account

 

14

Shareholders' funds

   

15

For the financial period ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 October 2023
 

.........................................
Michael Pope
Director

 

Rivervale Associates Limited

Notes to the Unaudited Financial Statements
for the Period from 31 January 2022 to 31 January 2023

1.

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Savoy House
Savoy Circus
London
W3 7DA
England

These financial statements were authorised for issue by the director on 31 October 2023.

2.

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentational currency is Pound Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Rivervale Associates Limited

Notes to the Unaudited Financial Statements
for the Period from 31 January 2022 to 31 January 2023 (continued)

2

Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3.

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4.

Debtors

Current

31.01.23
£

Trade debtors

18,131

5.

Creditors

Creditors: amounts falling due within one year

31.01.23
£

Due within one year

Taxation and social security

19,074