RILEY GROUP SERVICES MANAGEMENT LIMITED

Company Registration Number:
14716607 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 8 March 2023

End date: 31 March 2024

RILEY GROUP SERVICES MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Additional notes
Balance sheet notes

RILEY GROUP SERVICES MANAGEMENT LIMITED

Balance sheet

As at 31 March 2024

Notes 13 months to 31 March 2024


£
Fixed assets
Intangible assets:   0
Tangible assets: 3 44,723
Investments:   0
Total fixed assets: 44,723
Current assets
Stocks:   0
Debtors: 4 576,232
Cash at bank and in hand: 241,856
Investments:   0
Total current assets: 818,088
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 5 ( 533,779 )
Net current assets (liabilities): 284,309
Total assets less current liabilities: 329,032
Creditors: amounts falling due after more than one year: 6 ( 24,151 )
Provision for liabilities: ( 664 )
Total net assets (liabilities): 304,217
Capital and reserves
Called up share capital: 2
Share premium account: 0
Other reserves: 0
Profit and loss account: 304,215
Total Shareholders' funds: 304,217

The notes form part of these financial statements

RILEY GROUP SERVICES MANAGEMENT LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 28 January 2025
and signed on behalf of the board by:

Name: Gary Lawler
Status: Director

The notes form part of these financial statements

RILEY GROUP SERVICES MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services us recognised by reference to the stage of completion of the contract. The stage of completion of a contract us measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Motor vehicles - 20% reducing balance Fixtures and Fittings - 33% written down value Computer equipment - 33% written down value.

RILEY GROUP SERVICES MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    13 months to 31 March 2024
    Average number of employees during the period 4

RILEY GROUP SERVICES MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 52,606 52,606
Disposals
Revaluations 0 0 0
Transfers 0 0 0 0 0
At 31 March 2024 0 52,606 0 0 52,606
Depreciation
Charge for year 22,265 22,265
On disposals ( 14,382 ) ( 14,382 )
Other adjustments
At 31 March 2024 7,883 7,883
Net book value
At 31 March 2024 0 44,723 0 0 44,723

RILEY GROUP SERVICES MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

13 months to 31 March 2024
£
Trade debtors 576,232
Prepayments and accrued income 0
Other debtors 0
Total 576,232
Debtors due after more than one year: 0

RILEY GROUP SERVICES MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

13 months to 31 March 2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 22,870
Trade creditors 457,928
Taxation and social security 52,981
Accruals and deferred income 0
Other creditors 0
Total 533,779

RILEY GROUP SERVICES MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due after more than one year note

13 months to 31 March 2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 24,151
Total 24,151