2023-01-012023-12-312023-12-31false11228367LONDON RIVERLEA ONE LTD.2024-09-1941100iso4217:GBPxbrli:pure112283672023-01-01112283672023-12-31112283672023-01-012023-12-31112283672022-01-01112283672022-12-31112283672022-01-012022-12-3111228367bus:SmallEntities2023-01-012023-12-3111228367bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3111228367bus:AbridgedAccounts2023-01-012023-12-3111228367bus:PrivateLimitedCompanyLtd2023-01-012023-12-3111228367core:WithinOneYear2023-12-3111228367core:AfterOneYear2023-12-3111228367core:WithinOneYear2022-12-3111228367core:AfterOneYear2022-12-3111228367core:ShareCapital2023-12-3111228367core:SharePremium2023-12-3111228367core:RevaluationReserve2023-12-3111228367core:OtherReservesSubtotal2023-12-3111228367core:RetainedEarningsAccumulatedLosses2023-12-3111228367core:ShareCapital2022-12-3111228367core:SharePremium2022-12-3111228367core:RevaluationReserve2022-12-3111228367core:OtherReservesSubtotal2022-12-3111228367core:RetainedEarningsAccumulatedLosses2022-12-3111228367core:LandBuildings2023-12-3111228367core:PlantMachinery2023-12-3111228367core:Vehicles2023-12-3111228367core:FurnitureFittings2023-12-3111228367core:OfficeEquipment2023-12-3111228367core:NetGoodwill2023-12-3111228367core:IntangibleAssetsOtherThanGoodwill2023-12-3111228367core:ListedExchangeTraded2023-12-3111228367core:UnlistedNon-exchangeTraded2023-12-3111228367core:LandBuildings2022-12-3111228367core:PlantMachinery2022-12-3111228367core:Vehicles2022-12-3111228367core:FurnitureFittings2022-12-3111228367core:OfficeEquipment2022-12-3111228367core:NetGoodwill2022-12-3111228367core:IntangibleAssetsOtherThanGoodwill2022-12-3111228367core:ListedExchangeTraded2022-12-3111228367core:UnlistedNon-exchangeTraded2022-12-3111228367core:LandBuildings2023-01-012023-12-3111228367core:PlantMachinery2023-01-012023-12-3111228367core:Vehicles2023-01-012023-12-3111228367core:FurnitureFittings2023-01-012023-12-3111228367core:OfficeEquipment2023-01-012023-12-3111228367core:NetGoodwill2023-01-012023-12-3111228367core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3111228367core:ListedExchangeTraded2023-01-012023-12-3111228367core:UnlistedNon-exchangeTraded2023-01-012023-12-3111228367core:MoreThanFiveYears2023-01-012023-12-3111228367core:Non-currentFinancialInstruments2023-12-3111228367core:Non-currentFinancialInstruments2022-12-3111228367dpl:CostSales2023-01-012023-12-3111228367dpl:DistributionCosts2023-01-012023-12-3111228367core:LandBuildings2023-01-012023-12-3111228367core:PlantMachinery2023-01-012023-12-3111228367core:Vehicles2023-01-012023-12-3111228367core:FurnitureFittings2023-01-012023-12-3111228367core:OfficeEquipment2023-01-012023-12-3111228367dpl:AdministrativeExpenses2023-01-012023-12-3111228367core:NetGoodwill2023-01-012023-12-3111228367core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3111228367dpl:GroupUndertakings2023-01-012023-12-3111228367dpl:ParticipatingInterests2023-01-012023-12-3111228367dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3111228367core:ListedExchangeTraded2023-01-012023-12-3111228367dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3111228367core:UnlistedNon-exchangeTraded2023-01-012023-12-3111228367dpl:CostSales2022-01-012022-12-3111228367dpl:DistributionCosts2022-01-012022-12-3111228367core:LandBuildings2022-01-012022-12-3111228367core:PlantMachinery2022-01-012022-12-3111228367core:Vehicles2022-01-012022-12-3111228367core:FurnitureFittings2022-01-012022-12-3111228367core:OfficeEquipment2022-01-012022-12-3111228367dpl:AdministrativeExpenses2022-01-012022-12-3111228367core:NetGoodwill2022-01-012022-12-3111228367core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3111228367dpl:GroupUndertakings2022-01-012022-12-3111228367dpl:ParticipatingInterests2022-01-012022-12-3111228367dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3111228367core:ListedExchangeTraded2022-01-012022-12-3111228367dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3111228367core:UnlistedNon-exchangeTraded2022-01-012022-12-3111228367core:NetGoodwill2023-12-3111228367core:IntangibleAssetsOtherThanGoodwill2023-12-3111228367core:LandBuildings2023-12-3111228367core:PlantMachinery2023-12-3111228367core:Vehicles2023-12-3111228367core:FurnitureFittings2023-12-3111228367core:OfficeEquipment2023-12-3111228367core:AfterOneYear2023-12-3111228367core:WithinOneYear2023-12-3111228367core:ListedExchangeTraded2023-12-3111228367core:UnlistedNon-exchangeTraded2023-12-3111228367core:ShareCapital2023-12-3111228367core:SharePremium2023-12-3111228367core:RevaluationReserve2023-12-3111228367core:OtherReservesSubtotal2023-12-3111228367core:RetainedEarningsAccumulatedLosses2023-12-3111228367core:NetGoodwill2022-12-3111228367core:IntangibleAssetsOtherThanGoodwill2022-12-3111228367core:LandBuildings2022-12-3111228367core:PlantMachinery2022-12-3111228367core:Vehicles2022-12-3111228367core:FurnitureFittings2022-12-3111228367core:OfficeEquipment2022-12-3111228367core:AfterOneYear2022-12-3111228367core:WithinOneYear2022-12-3111228367core:List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LONDON RIVERLEA ONE LTD.

Registered Number
11228367
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

LONDON RIVERLEA ONE LTD.
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

LAM, Jonathan Koon Wan
LEE, Yan Lam
TANG, Pui Yan
ZHANG, Yong

Registered Address

35 Pond Street
London
NW3 2PN

Registered Number

11228367 (England and Wales)
LONDON RIVERLEA ONE LTD.
Statement of Financial Position
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3176,857245,098
176,857245,098
Current assets
Stocks24,190,26323,135,139
Debtors13,587,53632,386,189
Cash at bank and on hand90,245154,038
37,868,04455,675,366
Creditors amounts falling due within one year(1,228,628)(18,165,255)
Net current assets (liabilities)36,639,41637,510,111
Total assets less current liabilities36,816,27337,755,209
Creditors amounts falling due after one year(126,857)(186,088)
Net assets36,689,41637,569,121
Capital and reserves
Called up share capital50,533,09850,533,098
Profit and loss account(13,843,682)(12,963,977)
Shareholders' funds36,689,41637,569,121
The financial statements were approved and authorised for issue by the Board of Directors on 19 September 2024, and are signed on its behalf by:
LEE, Yan Lam
Director
Registered Company No. 11228367
LONDON RIVERLEA ONE LTD.
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A, as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount. Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 January 23258,173
Additions(60,120)
At 31 December 23198,053
Depreciation and impairment
At 01 January 2313,075
Charge for year8,121
At 31 December 2321,196
Net book value
At 31 December 23176,857
At 31 December 22245,098