IRIS Accounts Production v24.2.0.383 05015716 Board of Directors 1.2.23 31.1.24 31.1.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh050157162023-01-31050157162024-01-31050157162023-02-012024-01-31050157162022-01-31050157162022-02-012023-01-31050157162023-01-3105015716ns15:EnglandWales2023-02-012024-01-3105015716ns14:PoundSterling2023-02-012024-01-3105015716ns10:Director12023-02-012024-01-3105015716ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3105015716ns10:SmallEntities2023-02-012024-01-3105015716ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3105015716ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3105015716ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3105015716ns10:FullAccounts2023-02-012024-01-3105015716ns10:Director22023-02-012024-01-3105015716ns10:CompanySecretary12023-02-012024-01-3105015716ns10:RegisteredOffice2023-02-012024-01-3105015716ns5:CurrentFinancialInstruments2024-01-3105015716ns5:CurrentFinancialInstruments2023-01-3105015716ns5:Non-currentFinancialInstruments2024-01-3105015716ns5:Non-currentFinancialInstruments2023-01-3105015716ns5:ShareCapital2024-01-3105015716ns5:ShareCapital2023-01-3105015716ns5:RetainedEarningsAccumulatedLosses2024-01-3105015716ns5:RetainedEarningsAccumulatedLosses2023-01-3105015716ns5:PlantMachinery2023-01-3105015716ns5:PlantMachinery2023-02-012024-01-3105015716ns5:PlantMachinery2024-01-3105015716ns5:PlantMachinery2023-01-3105015716ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3105015716ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-31
REGISTERED NUMBER: 05015716 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

RIVAWOOD LIMITED

RIVAWOOD LIMITED (REGISTERED NUMBER: 05015716)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RIVAWOOD LIMITED

COMPANY INFORMATION
for the year ended 31 January 2024







DIRECTORS: J Heywood
M Rivett





SECRETARY: M Rivett





REGISTERED OFFICE: Brundall House
57 The Street
Brundall
Norwich
Norfolk
NR13 5LZ





REGISTERED NUMBER: 05015716 (England and Wales)





ACCOUNTANTS: Sexty & Co
Chartered Certified Accountants
124 Thorpe Road
Norwich
Norfolk
NR1 1RS

RIVAWOOD LIMITED (REGISTERED NUMBER: 05015716)

BALANCE SHEET
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 545 727
Investment property 5 929,263 929,263
929,808 929,990

CURRENT ASSETS
Debtors 6 2,725 1,690
Cash at bank 33,625 3,477
36,350 5,167
CREDITORS
Amounts falling due within one year 7 281,022 285,120
NET CURRENT LIABILITIES (244,672 ) (279,953 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

685,136

650,037

CREDITORS
Amounts falling due after more than one
year

8

145,692

160,168
NET ASSETS 539,444 489,869

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 539,344 489,769
539,444 489,869

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

RIVAWOOD LIMITED (REGISTERED NUMBER: 05015716)

BALANCE SHEET - continued
31 January 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2024 and were signed on its behalf by:





M Rivett - Director


RIVAWOOD LIMITED (REGISTERED NUMBER: 05015716)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 January 2024

1. STATUTORY INFORMATION

Rivawood 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 & machinery - 25% reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

RIVAWOOD LIMITED (REGISTERED NUMBER: 05015716)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 2,299
DEPRECIATION
At 1 February 2023 1,572
Charge for year 182
At 31 January 2024 1,754
NET BOOK VALUE
At 31 January 2024 545
At 31 January 2023 727

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 929,263
NET BOOK VALUE
At 31 January 2024 929,263
At 31 January 2023 929,263

The directors consider that the current market value of the investment property is consistent with the fair value in the accounts.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,725 1,690

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 62,615 61,556
Taxation and social security 16,608 9,600
Other creditors 201,799 213,964
281,022 285,120

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 145,692 160,168