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REGISTERED NUMBER: OC389360 (England and Wales)















REPORT OF THE MEMBERS AND

FINANCIAL STATEMENTS FOR THE PERIOD 1 DECEMBER 2022 TO 31 MARCH 2024

FOR

RIVEY INTERNATIONAL LLP

RIVEY INTERNATIONAL LLP (REGISTERED NUMBER: OC389360)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 DECEMBER 2022 TO 31 MARCH 2024




Page

General Information 1

Report of the Members 2

Chartered Accountants' Report 3

Profit and Loss Account 4

Balance Sheet 5

Notes to the Financial Statements 6


RIVEY INTERNATIONAL LLP

GENERAL INFORMATION
FOR THE PERIOD 1 DECEMBER 2022 TO 31 MARCH 2024







DESIGNATED MEMBERS: Mr T Rolfe
Mrs K Rolfe





REGISTERED OFFICE: 115c Milton Road
Cambridge
CB4 1XE





REGISTERED NUMBER: OC389360 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

RIVEY INTERNATIONAL LLP (REGISTERED NUMBER: OC389360)

REPORT OF THE MEMBERS
FOR THE PERIOD 1 DECEMBER 2022 TO 31 MARCH 2024

The members present their report with the financial statements of the LLP for the period 1 December 2022 to 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the period under review was that of bloodstock courier.

DESIGNATED MEMBERS
The designated members during the period under review were:

Mr T Rolfe
Mrs K Rolfe

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The profit for the period before members' remuneration and profit shares was £5,012 (2022 - £16,542 profit).

MEMBERS' INTERESTS
The partnership maintained capital appropriate to the requirement of the business. The basis on which members are invited to subscribe for capital is set out in the Members Agreement.There is no obligation to repay capital other than on retirement.

ON BEHALF OF THE MEMBERS:





Mr T Rolfe - Designated member


26 September 2024

CHARTERED ACCOUNTANTS' REPORT TO THE MEMBERS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
RIVEY INTERNATIONAL LLP


In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Rivey International LLP for the period ended 31 March 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Rivey International LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rivey International LLP and state those matters that we have agreed to state to the members of Rivey International LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rivey International LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Rivey International LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rivey International LLP. You consider that Rivey International LLP is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Rivey International LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE


3 October 2024

RIVEY INTERNATIONAL LLP (REGISTERED NUMBER: OC389360)

PROFIT AND LOSS ACCOUNT
FOR THE PERIOD 1 DECEMBER 2022 TO 31 MARCH 2024

Period
1.12.22
to Year Ended
31.3.24 30.11.22
Notes £    £   

TURNOVER 66,020 72,591

Administrative expenses 61,008 55,900
OPERATING PROFIT 4 5,012 16,691


Interest payable and similar expenses - 149
PROFIT FOR THE FINANCIAL PERIOD
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




5,012




16,542

RIVEY INTERNATIONAL LLP (REGISTERED NUMBER: OC389360)

BALANCE SHEET
31 MARCH 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 13,235 19,853

CURRENT ASSETS
Cash at bank and in hand 5,605 4,587

CREDITORS
Amounts falling due within one year 6 1,400 4,807
NET CURRENT ASSETS/(LIABILITIES) 4,205 (220 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

17,440

19,633

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

17,440

19,633

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 17,440 19,633

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

The financial statements were approved by the members of the LLP and authorised for issue on 26 September 2024 and were signed by:





Mr T Rolfe - Designated member

RIVEY INTERNATIONAL LLP (REGISTERED NUMBER: OC389360)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 DECEMBER 2022 TO 31 MARCH 2024

1. STATUTORY INFORMATION

Rivey International LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2022 - NIL).

4. OPERATING PROFIT

The operating profit is stated after charging:

Period
1.12.22
to Year Ended
31.3.24 30.11.22
£    £   
Depreciation - owned assets 6,618 1,019

RIVEY INTERNATIONAL LLP (REGISTERED NUMBER: OC389360)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 DECEMBER 2022 TO 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2022
and 31 March 2024 28,689 2,879 31,568
DEPRECIATION
At 1 December 2022 9,068 2,647 11,715
Charge for period 6,540 78 6,618
At 31 March 2024 15,608 2,725 18,333
NET BOOK VALUE
At 31 March 2024 13,081 154 13,235
At 30 November 2022 19,621 232 19,853

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade creditors - 3,702
Accrued expenses 1,400 1,105
1,400 4,807

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and debts due to other members are ranked equally with other unsecured creditors of the partnership.