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REGISTERED NUMBER: 07008635 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Riverside Training (Spalding) Ltd

Riverside Training (Spalding) Ltd (Registered number: 07008635)

Contents of the Financial Statements
for the Year Ended 30 September 2023










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


Riverside Training (Spalding) Ltd

Company Information
for the Year Ended 30 September 2023







Directors: S D Bulbeck
Mrs S J Bulbeck
F S F T J Bulbeck





Registered office: Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB





Business address: Units 4 & 7 Broadgate House
Westlode Street
Spalding
Lincolnshire
PE11 2AF





Registered number: 07008635 (England and Wales)





Accountants: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Riverside Training (Spalding) Ltd


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 Statement of financial position. 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 Riverside Training (Spalding) Ltd for the year ended 30 September 2023 which comprise the Statement of income and retained earnings, Statement of financial position 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 Riverside Training (Spalding) Ltd, as a body, in accordance with the terms of our engagement letter dated 29 November 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Riverside Training (Spalding) Ltd and state those matters that we have agreed to state to the Board of Directors of Riverside Training (Spalding) Ltd, 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 Riverside Training (Spalding) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Riverside Training (Spalding) Ltd 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 Riverside Training (Spalding) Ltd. You consider that Riverside Training (Spalding) Ltd 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 Riverside Training (Spalding) Ltd. 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.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


23 November 2023

Riverside Training (Spalding) Ltd (Registered number: 07008635)

Statement of Financial Position
30 September 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Intangible assets 5 - -
Tangible assets 6 60,769 38,344
60,769 38,344

Current assets
Debtors 7 15,640 20,388
Cash at bank and in hand 281,687 441,891
297,327 462,279
Creditors
Amounts falling due within one year 8 16,804 94,070
Net current assets 280,523 368,209
Total assets less current liabilities 341,292 406,553

Provisions for liabilities 1,000 2,066
Net assets 340,292 404,487

Capital and reserves
Called up share capital 9 100 100
Retained earnings 340,192 404,387
Shareholders' funds 340,292 404,487

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Riverside Training (Spalding) Ltd (Registered number: 07008635)

Statement of Financial Position - continued
30 September 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by:





Mrs S J Bulbeck - Director


Riverside Training (Spalding) Ltd (Registered number: 07008635)

Notes to the Financial Statements
for the Year Ended 30 September 2023


1. Statutory information

Riverside Training (Spalding) Ltd 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 (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 10% on a straight line basis
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on a straight line basis

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


Riverside Training (Spalding) Ltd (Registered number: 07008635)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


3. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

4. Employees and directors

The average number of employees during the year was 18 (2022 - 18 ) .

5. Intangible fixed assets
Goodwill Website Totals
£    £    £   
Cost
At 1 October 2022
and 30 September 2023 72,000 3,024 75,024
Amortisation
At 1 October 2022
and 30 September 2023 72,000 3,024 75,024
Net book value
At 30 September 2023 - - -
At 30 September 2022 - - -

Riverside Training (Spalding) Ltd (Registered number: 07008635)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


6. Tangible fixed assets
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
Cost
At 1 October 2022 39,245 3,277 69,984 - 112,506
Additions - - 5,825 33,999 39,824
At 30 September 2023 39,245 3,277 75,809 33,999 152,330
Depreciation
At 1 October 2022 11,774 1,099 61,289 - 74,162
Charge for year 3,924 545 4,430 8,500 17,399
At 30 September 2023 15,698 1,644 65,719 8,500 91,561
Net book value
At 30 September 2023 23,547 1,633 10,090 25,499 60,769
At 30 September 2022 27,471 2,178 8,695 - 38,344

7. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 3,941 12,146
Other debtors 3,250 3,250
Prepayments and accrued income 8,449 4,992
15,640 20,388

8. Creditors: amounts falling due within one year
2023 2022
£    £   
Trade creditors 8,366 19,078
Corporation tax 135 50,578
Social security and other taxes 2,796 -
Other creditors 1,122 1,111
Directors' loan accounts 785 20,243
Accruals and deferred income 3,600 3,060
16,804 94,070

9. Called up share capital

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