Company Registration No. 06164648 (England and Wales)
RIA DEVELOPMENT LIMITED
Unaudited accounts
for the year ended 31 March 2024
RIA DEVELOPMENT LIMITED
Unaudited accounts
Contents
RIA DEVELOPMENT LIMITED
Company Information
for the year ended 31 March 2024
Company Number
06164648 (England and Wales)
Registered Office
Office 7 35-37 Ludgate Hill
London
EC4M 7JN
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
RIA DEVELOPMENT LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
3,736
4,317
Investment property
12,579
12,579
Cash at bank and in hand
25,098
19,148
Creditors: amounts falling due within one year
(29,763)
(24,919)
Net current (liabilities)/assets
(4,665)
2,283
Total assets less current liabilities
11,650
19,179
Creditors: amounts falling due after more than one year
(2,313)
(5,208)
Called up share capital
10
10
Profit and loss account
9,327
13,961
Shareholders' funds
9,337
13,971
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 September 2024 and were signed on its behalf by
Mike Davidson
Director
Company Registration No. 06164648
RIA DEVELOPMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2024
RIA DEVELOPMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06164648. The registered office is Office 7 35-37 Ludgate Hill, London, EC4M 7JN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
Plant & machinery
25% Reducing Balance
RIA DEVELOPMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Fair value at 1 April 2023
12,579
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
(4,458)
(4,702)
Taxes and social security
28,616
29,621
Loans from directors
3,363
-
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
2,313
5,208
RIA DEVELOPMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan 0% Interest
7,699
173
11,235
(3,363)
During the year, M Davidson was granted a short term loan. The maximum liability during the year was £7,699 and the amount owed at 31st March 2024 was £0. M. Davidson is owed £3363 by the company at 31 March 2024.
11
Average number of employees
During the year the average number of employees was 1 (2023: 1).