REGISTERED NUMBER: |
Financial Statements |
for the Period |
1 September 2023 to 31 March 2024 |
for |
River Marine Fuels Ltd. |
REGISTERED NUMBER: |
Financial Statements |
for the Period |
1 September 2023 to 31 March 2024 |
for |
River Marine Fuels Ltd. |
River Marine Fuels Ltd. (Registered number: 04466719) |
Contents of the Financial Statements |
for the Period 1 September 2023 to 31 March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
River Marine Fuels Ltd. |
Company Information |
for the Period 1 September 2023 to 31 March 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
Chartered Accountants & Statutory Auditors |
Oriel House |
2-8 Oriel Road |
Bootle |
Liverpool |
Merseyside |
L20 7EP |
River Marine Fuels Ltd. (Registered number: 04466719) |
Balance Sheet |
31 March 2024 |
31.3.24 | 31.8.23 |
(Unaudited) |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | 8 |
SHAREHOLDERS' FUNDS |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
River Marine Fuels Ltd. (Registered number: 04466719) |
Notes to the Financial Statements |
for the Period 1 September 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
River Marine Fuels Ltd. is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. |
Tangible fixed assets |
Fixtures and fittings | - |
Taxation |
Taxation for the period 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 period 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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
River Marine Fuels Ltd. (Registered number: 04466719) |
Notes to the Financial Statements - continued |
for the Period 1 September 2023 to 31 March 2024 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 September 2023 |
and 31 March 2024 |
DEPRECIATION |
At 1 September 2023 |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 August 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.8.23 |
(Unaudited) |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
Marine Duty | 9,724 | 10,052 |
Directors' current accounts | - | 305,620 |
VAT |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.8.23 |
(Unaudited) |
£ | £ |
Trade creditors |
Tax |
Social security and other taxes |
Pension | 814 | 343 |
VAT | 3,397 | - |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.3.24 | 31.8.23 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
River Marine Fuels Ltd. (Registered number: 04466719) |
Notes to the Financial Statements - continued |
for the Period 1 September 2023 to 31 March 2024 |
8. | RESERVES |
Retained |
earnings |
£ |
At 1 September 2023 |
Profit for the period |
At 31 March 2024 |
9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the period ended 31 March 2024 and the year ended 31 August 2023: |
31.3.24 | 31.8.23 |
(Unaudited) |
£ | £ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
11. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is |
12. | PARENT CONSOLIDATION |
The company is included within the consolidated financial statements of Standard Group Holdings Ltd the registered office of which is Carlton House, Gores Lane, Knowsley Industrial Estate, Liverpool, L33 7XS. |