RIVERSIDE DEVELOPMENTS (ST ALBANS) LIMITED |
Registered Number:01878335 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2023
RIVERSIDE DEVELOPMENTS (ST ALBANS) LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
RIVERSIDE DEVELOPMENTS (ST ALBANS) LIMITED
Statement of Financial Position
2022
2023
Property, plant and equipment |
32,033
32,033
32,033
32,033
Trade and other receivables |
35,489
51,859
2
51,859
35,489
Trade and other payables: amounts falling due within one |
year |
(6,368)
(22,097)
3
29,121
29,762
Net current assets
Total assets less current liabilities |
61,795
61,154
(4,000)
(4,000)
Provisions for liabilities |
57,795
Net assets
57,154
40,000
40,000
17,000
17,000
4
795
154
57,795
57,154
Shareholders' funds
For the year ended 31 March 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
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 directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 22 November 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2023
RIVERSIDE DEVELOPMENTS (ST ALBANS) LIMITED
Notes to the Financial Statements
Statutory Information
RIVERSIDE DEVELOPMENTS (ST ALBANS) LIMITED is a private limited company, limited by shares, domiciled in |
England and Wales, registration number 01878335. |
16 HIGH STREET
OFFLEY
HITCHIN
HERTS
SG5 3AA
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
would be immaterial. The directors undertake an annual impairment review of these properties. |
2. Trade and other receivables |
2022
2023
1,475
225
50,384
35,264
35,489
51,859
3. Trade and other payables: amounts falling due within one year |
2022
2023
Bank loans and overdraft (secured) |
21,497
6,350
600
18
22,097
6,368
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For the year ended 31 March 2023
RIVERSIDE DEVELOPMENTS (ST ALBANS) LIMITED
Notes to the Financial Statements Continued
Revaluation reserve at 01 April 2022 |
17,000
17,000
Revaluation reserve at 31 March 2023 |
5. Average number of persons employed |
During the year the average number of employees was 0
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