Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2true2023-04-01false2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01756395 2023-04-01 2024-03-31 01756395 2022-04-01 2023-03-31 01756395 2024-03-31 01756395 2023-03-31 01756395 c:Director1 2023-04-01 2024-03-31 01756395 d:CurrentFinancialInstruments 2024-03-31 01756395 d:CurrentFinancialInstruments 2023-03-31 01756395 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 01756395 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 01756395 d:ShareCapital 2024-03-31 01756395 d:ShareCapital 2023-03-31 01756395 d:RetainedEarningsAccumulatedLosses 2024-03-31 01756395 d:RetainedEarningsAccumulatedLosses 2023-03-31 01756395 c:FRS102 2023-04-01 2024-03-31 01756395 c:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 01756395 c:FullAccounts 2023-04-01 2024-03-31 01756395 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01756395 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 01756395










RIVERLINE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
RIVERLINE LIMITED
 

CONTENTS



Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 4


 
RIVERLINE LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF RIVERLINE LIMITED
FOR THE YEAR ENDED 31 MARCH 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Riverline Limited for the year ended 31 March 2024 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Riverline Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Riverline Limited  and state those matters that we have agreed to state to the Board of directors of Riverline Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Riverline Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Riverline Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and result of Riverline Limited. You consider that Riverline Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Riverline Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Simmons Gainsford Professional Services Limited
14th Floor
33 Cavendish Square
London
W1G 0PW
23 January 2025
Page 1

 
RIVERLINE LIMITED
REGISTERED NUMBER: 01756395

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
273,036
273,523

Cash at bank
 5 
1,611
1,683

  
274,647
275,206

Creditors: amounts falling due within one year
 6 
(6,327)
(6,886)

Net current assets
  
 
 
268,320
 
 
268,320

  

Net assets
  
268,320
268,320


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
268,220
268,220

  
268,320
268,320


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 January 2025.




Mrs M.A.G. Fenston
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
RIVERLINE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The company is a private company limited by shares and is incorporated in England and Wales. The address of its registered office is 14th Floor, 33 Cavendish Square, London W1G 0PW.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 3

 
RIVERLINE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Debtors

2024
2023
£
£


Other debtors
273,036
273,523



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,611
1,683



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
943

Other creditors
5,290
5,000

Accruals and deferred income
1,037
943

6,327
6,886



7.


Contingent liabilities

At the year end, the company was a party to a cross guarantee arrangement with Brook Street Investments Limited and George Hamilton Properties Limited, companies in which Mrs M.A.G. Fenston has a material interest. All three companies are jointly liable for the full outstanding amount of the combined bank loans and overdrafts. At the balance sheet date, the contingent liability amounted to £1,834,123 (2023: £1,905,561).


8.


Related party transactions

Included in other debtors are loans of £273,036 (2023: £273,523) due from companies under common control. The loans are interest free and repayable on demand.
Included in other creditors is a loan of £5,000 (2023: £5,000) due to a director of the company. The loan is interest free and repayable on demand.

 
Page 4