Silverfin false false 30/06/2024 13/06/2023 30/06/2024 Mr V Lindsay 13/06/2023 02 October 2024 The principal activity of the company during the year was management consultancy. 14933521 2024-06-30 14933521 bus:Director1 2024-06-30 14933521 core:CurrentFinancialInstruments 2024-06-30 14933521 core:ShareCapital 2024-06-30 14933521 core:RetainedEarningsAccumulatedLosses 2024-06-30 14933521 bus:OrdinaryShareClass1 2024-06-30 14933521 2023-06-13 2024-06-30 14933521 bus:FilletedAccounts 2023-06-13 2024-06-30 14933521 bus:SmallEntities 2023-06-13 2024-06-30 14933521 bus:AuditExemptWithAccountantsReport 2023-06-13 2024-06-30 14933521 bus:PrivateLimitedCompanyLtd 2023-06-13 2024-06-30 14933521 bus:Director1 2023-06-13 2024-06-30 14933521 bus:OrdinaryShareClass1 2023-06-13 2024-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14933521 (England and Wales)

RIV ADVISORY LIMITED

Unaudited Financial Statements
For the financial period from 13 June 2023 to 30 June 2024
Pages for filing with the registrar

RIV ADVISORY LIMITED

Unaudited Financial Statements

For the financial period from 13 June 2023 to 30 June 2024

Contents

RIV ADVISORY LIMITED

BALANCE SHEET

As at 30 June 2024
RIV ADVISORY LIMITED

BALANCE SHEET (continued)

As at 30 June 2024
30.06.2024
£
Current assets
Debtors 3 56,366
Cash at bank and in hand 14,581
70,947
Creditors: amounts falling due within one year 4 ( 16,200)
Net current assets 54,747
Total assets less current liabilities 54,747
Net assets 54,747
Capital and reserves
Called-up share capital 5 1
Profit and loss account 54,746
Total shareholder's funds 54,747

For the financial period ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of RIV Advisory Limited (registered number: 14933521) were approved and authorised for issue by the Director on 02 October 2024. They were signed on its behalf by:

Mr V Lindsay
Director
RIV ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 13 June 2023 to 30 June 2024
RIV ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 13 June 2023 to 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

RIV Advisory Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 58 Winchester House, London, W2 6EB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

Period from
13.06.2023 to
30.06.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 0

3. Debtors

30.06.2024
£
Amounts owed by director 56,366

4. Creditors: amounts falling due within one year

30.06.2024
£
Accruals 1,700
Corporation tax 14,500
16,200

5. Called-up share capital

30.06.2024
£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1

During the period 1 ordinary share was issued at a nominal value of £1 per share.

6. Related party transactions

Transactions with the entity's director

30.06.2024
£
B/fwd 0
Advances 57,453
Repayment (1,087)
C/fwd 56,366

Interest is payable on the loan at a rate of 2.25% and the loan is repayable on demand.