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REGISTERED NUMBER: 07035919 (England and Wales)


















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

RIVERLAKE INVESTMENTS LIMITED

RIVERLAKE INVESTMENTS LIMITED (REGISTERED NUMBER: 07035919)

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










Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


RIVERLAKE INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: Dr V Bhatt





REGISTERED OFFICE: 15-19 Cavendish Place
2nd Floor
London
W1G 0DD





REGISTERED NUMBER: 07035919 (England and Wales)





ACCOUNTANTS: Arithma Accountants Limited
2nd Floor
15 - 19 Cavendish Place
London
W1G 0DD

RIVERLAKE INVESTMENTS LIMITED (REGISTERED NUMBER: 07035919)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 31 OCTOBER 2023


The director presents her report with the financial statements of the company for the year ended 31 October 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of medical services. The company ceased to provide medical services during the year.
The company has now engaged in buying, letting and selling of own real estate.

DIRECTOR
Dr V Bhatt held office during the whole of the period from 1 November 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Dr V Bhatt - Director


25 March 2024

RIVERLAKE INVESTMENTS LIMITED (REGISTERED NUMBER: 07035919)

INCOME STATEMENT
FOR THE YEAR ENDED 31 OCTOBER 2023

2023 2022
Notes £    £   

TURNOVER 53,997 50,412

Cost of sales - (5,208 )
GROSS PROFIT 53,997 55,620

Administrative expenses 104,477 100,383
OPERATING LOSS 4 (50,480 ) (44,763 )

Interest receivable and similar income 12,493 868
(37,987 ) (43,895 )

Interest payable and similar expenses 6 -
LOSS BEFORE TAXATION (37,993 ) (43,895 )

Tax on loss - -
LOSS FOR THE FINANCIAL YEAR (37,993 ) (43,895 )

RIVERLAKE INVESTMENTS LIMITED (REGISTERED NUMBER: 07035919)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 51,461 68,616
Investment property 6 2,071,461 981,551
2,122,922 1,050,167

CURRENT ASSETS
Debtors 7 45,038 43,081
Investments 8 108,270 83,270
Cash at bank 859,493 2,145,909
1,012,801 2,272,260
CREDITORS
Amounts falling due within one year 9 10,321 9,032
NET CURRENT ASSETS 1,002,480 2,263,228
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,125,402

3,313,395

PROVISIONS FOR LIABILITIES 2,974 2,974
NET ASSETS 3,122,428 3,310,421

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 3,122,228 3,310,221
SHAREHOLDERS' FUNDS 3,122,428 3,310,421

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

RIVERLAKE INVESTMENTS LIMITED (REGISTERED NUMBER: 07035919)

BALANCE SHEET - continued
31 OCTOBER 2023


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 25 March 2024 and were signed by:





Dr V Bhatt - Director


RIVERLAKE INVESTMENTS LIMITED (REGISTERED NUMBER: 07035919)

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


1. STATUTORY INFORMATION

Riverlake Investments 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.

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.
Plant and machinery etc - 20% on cost

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

RIVERLAKE INVESTMENTS LIMITED (REGISTERED NUMBER: 07035919)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. OPERATING LOSS

The operating loss is stated after charging:

2023 2022
£    £   
Depreciation - owned assets 17,155 22,873

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 152,704
DEPRECIATION
At 1 November 2022 84,088
Charge for year 17,155
At 31 October 2023 101,243
NET BOOK VALUE
At 31 October 2023 51,461
At 31 October 2022 68,616

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022 981,551
Additions 1,089,910
At 31 October 2023 2,071,461
NET BOOK VALUE
At 31 October 2023 2,071,461
At 31 October 2022 981,551

RIVERLAKE INVESTMENTS LIMITED (REGISTERED NUMBER: 07035919)

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


7. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Other debtors 35,894 35,894

Amounts falling due after more than one year:
Other debtors 9,144 7,187

Aggregate amounts 45,038 43,081

8. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Unlisted investments 108,270 83,270

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,054 1,002
Taxation and social security 690 865
Other creditors 8,577 7,165
10,321 9,032