Company Registration No. 09952276 (England and Wales)
River and Bear Ltd
Unaudited accounts
for the year ended 30 June 2023
River and Bear Ltd
Unaudited accounts
Contents
River and Bear Ltd
Company Information
for the year ended 30 June 2023
Directors
T Barber
C Archer
Company Number
09952276 (England and Wales)
Registered Office
80 Tudor Street
Cardiff
CF11 6AL
River and Bear Ltd
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
-
570
Creditors: amounts falling due within one year
(31,818)
(27,906)
Net current liabilities
(20,889)
(15,634)
Net liabilities
(20,889)
(15,634)
Called up share capital
100
100
Profit and loss account
(20,989)
(15,734)
Shareholders' funds
(20,889)
(15,634)
For the year ending 30 June 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2024 and were signed on its behalf by
T Barber
Director
Company Registration No. 09952276
River and Bear Ltd
Notes to the Accounts
for the year ended 30 June 2023
River and Bear Ltd is a private company, limited by shares, registered in England and Wales, registration number 09952276. The registered office is 80 Tudor Street, Cardiff, CF11 6AL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
At 30 June 2023 the company had net liabilities of £20,889. However the company received financial support from the directors and shareholder of the company, and continues to meet liabilities as they fall due. Therefore the going concern basis is considered appropriate.
Amounts falling due within one year
Amounts due from group undertakings etc.
10,929
11,828
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,845
7,891
Amounts owed to group undertakings and other participating interests
21,508
17,570
River and Bear Ltd
Notes to the Accounts
for the year ended 30 June 2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).