Silverfin false false 31/12/2023 01/04/2023 31/12/2023 P Doherty 03/11/2011 04 December 2024 The principal activity of PSD Riverside Ltd ("the company") is that of consultancy services. 07834055 2023-12-31 07834055 bus:Director1 2023-12-31 07834055 2023-03-31 07834055 core:CurrentFinancialInstruments 2023-12-31 07834055 core:CurrentFinancialInstruments 2023-03-31 07834055 core:ShareCapital 2023-12-31 07834055 core:ShareCapital 2023-03-31 07834055 core:RetainedEarningsAccumulatedLosses 2023-12-31 07834055 core:RetainedEarningsAccumulatedLosses 2023-03-31 07834055 core:OtherPropertyPlantEquipment 2023-03-31 07834055 core:OtherPropertyPlantEquipment 2023-12-31 07834055 2023-04-01 2023-12-31 07834055 bus:FilletedAccounts 2023-04-01 2023-12-31 07834055 bus:SmallEntities 2023-04-01 2023-12-31 07834055 bus:AuditExemptWithAccountantsReport 2023-04-01 2023-12-31 07834055 bus:PrivateLimitedCompanyLtd 2023-04-01 2023-12-31 07834055 bus:Director1 2023-04-01 2023-12-31 07834055 core:OtherPropertyPlantEquipment 2023-04-01 2023-12-31 07834055 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Company No: 07834055 (England and Wales)

PSD RIVERSIDE LTD

Unaudited Financial Statements
For the financial period from 01 April 2023 to 31 December 2023
Pages for filing with the registrar

PSD RIVERSIDE LTD

Unaudited Financial Statements

For the financial period from 01 April 2023 to 31 December 2023

Contents

PSD RIVERSIDE LTD

STATEMENT OF FINANCIAL POSITION

As at 31 December 2023
PSD RIVERSIDE LTD

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2023
Note 31.12.2023 31.03.2023
£ £
Fixed assets
Tangible assets 3 110,704 130,240
110,704 130,240
Current assets
Debtors 4 28,585 35,480
Cash at bank and in hand 5 3,017 3,141
31,602 38,621
Creditors: amounts falling due within one year 6 ( 145,631) ( 48,525)
Net current liabilities (114,029) (9,904)
Total assets less current liabilities (3,325) 120,336
Net (liabilities)/assets ( 3,325) 120,336
Capital and reserves
Called-up share capital 100 100
Profit and loss account ( 3,425 ) 120,236
Total shareholders' (deficit)/funds ( 3,325) 120,336

For the financial period ending 31 December 2023 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 PSD Riverside Ltd (registered number: 07834055) were approved and authorised for issue by the Director. They were signed on its behalf by:

P Doherty
Director

04 December 2024

PSD RIVERSIDE LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 April 2023 to 31 December 2023
PSD RIVERSIDE LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 April 2023 to 31 December 2023
1. Accounting policies

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

General information and basis of accounting

PSD Riverside Ltd (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 2 Riverside Wargrave Road, Henley On Thames, RG9 3JD, 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 £.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2. Employees

Period from
01.04.2023 to
31.12.2023
Year ended
31.03.2023
Number Number
Monthly average number of persons employed by the company during the period, including the director 1 1

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 April 2023 378,090 378,090
At 31 December 2023 378,090 378,090
Accumulated depreciation
At 01 April 2023 247,850 247,850
Charge for the financial period 19,536 19,536
At 31 December 2023 267,386 267,386
Net book value
At 31 December 2023 110,704 110,704
At 31 March 2023 130,240 130,240

4. Debtors

31.12.2023 31.03.2023
£ £
Amounts owed by group undertakings 0 7,000
Corporation tax 105 0
Other debtors 28,480 28,480
28,585 35,480

5. Cash and cash equivalents

31.12.2023 31.03.2023
£ £
Cash at bank and in hand 3,017 3,141

6. Creditors: amounts falling due within one year

31.12.2023 31.03.2023
£ £
Amounts owed to director 120,092 19,400
Other loans 22,256 26,113
Accruals 3,000 3,000
Other taxation and social security 283 12
145,631 48,525

7. Related party transactions

Included within debtors is a balance of £Nil (March 2023: £7,000) owed from a limited liability partnership of which this company is a member. Turnover includes allocated profit share from the limited liability partnership of £Nil (March 2023: £Nil).