RIVER RECORDINGS LIMITED

Company Registration Number:
03055993 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

RIVER RECORDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

RIVER RECORDINGS LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 361,427 362,061
Total fixed assets: 361,427 362,061
Current assets
Stocks: 466,307 524,836
Debtors:   139,156 216,848
Cash at bank and in hand: 536,840 503,249
Total current assets: 1,142,303 1,244,933
Creditors: amounts falling due within one year:   (84,340) (203,158)
Net current assets (liabilities): 1,057,963 1,041,775
Total assets less current liabilities: 1,419,390 1,403,836
Total net assets (liabilities): 1,419,390 1,403,836
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,419,290 1,403,736
Shareholders funds: 1,419,390 1,403,836

The notes form part of these financial statements

RIVER RECORDINGS LIMITED

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 August 2024
and signed on behalf of the board by:

Name: Joel Monger
Status: Director

The notes form part of these financial statements

RIVER RECORDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 25% on reducing balance

Valuation and information policy

Stocks and work in progress are valued at the lower of costs and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

RIVER RECORDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

RIVER RECORDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 494,925
Additions 3,028
At 31 May 2024 497,953
Depreciation
At 01 June 2023 132,864
Charge for year 3,662
At 31 May 2024 136,526
Net book value
At 31 May 2024 361,427
At 31 May 2023 362,061