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Registration number: 11382966

Five Rivers Financial Ltd

trading as Five Rivers Chartered Accountants

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2024

image-name
 

Five Rivers Financial Ltd

trading as Five Rivers Chartered Accountants

Contents

Company Information

1

Director's Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

3

 

Five Rivers Financial Ltd

trading as Five Rivers Chartered Accountants

Company Information

Director

Mr Sukhraj Barhey

Registered office

7 Hawthorn Way
Rugby
Warwickshire
CV22 7LS

Accountants

Five Rivers Chartered Accountants
Chartered Accountants
7 Hawthorn Way
Rugby
Warwickshire
CV22 7LS

 

Five Rivers Financial Ltd

trading as Five Rivers Chartered Accountants

Director's Report for the Year Ended 30 April 2024

The director presents his report and the financial statements for the year ended 30 April 2024.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Director of the company

The director who held office during the year was as follows:

Mr Sukhraj Barhey

Termination of the Relationship with AIMS Partnership Ltd

On 16th February 2021, the director took the difficut decision to terminate the franchise agreement that had hitherto been in place with AIMS Partnership Ltd, inter alia due to AIMS' repudiatory breach of its contractual obligations to the company.

Although AIMS have commenced legal proceedings against the company, these are being vigorously defended and the company's and AIMS' solicitors are continuing to communicate. The outcome of the dispute as yet remains uncertain and cannot be quantified

As a result of the above, from the 16th February onwards the company has been trading as Five Rivers Chartered Accountants

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 31 December 2024
 

.........................................
Mr Sukhraj Barhey
Director

 

Five Rivers Financial Ltd

trading as Five Rivers Chartered Accountants

(Registration number: 11382966)
Balance Sheet as at 30 April 2024

2024
£

2023
£

Fixed assets

3,728

4,990

Current assets

20,754

59,795

Prepayments and accrued income

558

-

Creditors: Amounts falling due within one year

(13,392)

(15,981)

Net current assets

7,920

43,814

Total assets less current liabilities

11,648

48,804

Creditors: Amounts falling due after more than one year

(4,977)

(7,481)

Accruals and deferred income

(5,500)

(18,000)

 

1,171

23,323

Capital and reserves

1,171

23,323

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
7 Hawthorn Way
Rugby
Warwickshire
CV22 7LS
United Kingdom

These financial statements were authorised for issue by the director on 31 December 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

 

Five Rivers Financial Ltd

trading as Five Rivers Chartered Accountants

(Registration number: 11382966)
Balance Sheet as at 30 April 2024

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 December 2024
 

.........................................
Mr Sukhraj Barhey
Director