REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30th April 2024 |
for |
Niriv Investments Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30th April 2024 |
for |
Niriv Investments Ltd |
Niriv Investments Ltd (Registered number: 13386118) |
Contents of the Financial Statements |
for the Year Ended 30th April 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Niriv Investments Ltd |
Company Information |
for the Year Ended 30th April 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Central Chambers |
227 London Road |
Hadleigh |
Benfleet |
Essex |
SS7 2RF |
Niriv Investments Ltd (Registered number: 13386118) |
Balance Sheet |
30th April 2024 |
30/4/24 | 30/4/23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings | 10 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges his responsibilities for: |
(a) | ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company. |
Niriv Investments Ltd (Registered number: 13386118) |
Balance Sheet - continued |
30th April 2024 |
The financial statements were approved by the director and authorised for issue on |
Niriv Investments Ltd (Registered number: 13386118) |
Notes to the Financial Statements |
for the Year Ended 30th April 2024 |
1. | STATUTORY INFORMATION |
Niriv Investments Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
Niriv Investments Ltd (Registered number: 13386118) |
Notes to the Financial Statements - continued |
for the Year Ended 30th April 2024 |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st May 2023 |
Additions |
At 30th April 2024 |
NET BOOK VALUE |
At 30th April 2024 |
At 30th April 2023 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30/4/24 | 30/4/23 |
£ | £ |
Other creditors |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30/4/24 | 30/4/23 |
£ | £ |
Bank loans (see note 7) |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 356,064 | 262,567 |
7. | LOANS |
An analysis of the maturity of loans is given below: |
30/4/24 | 30/4/23 |
£ | £ |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 356,064 | 262,567 |
Niriv Investments Ltd (Registered number: 13386118) |
Notes to the Financial Statements - continued |
for the Year Ended 30th April 2024 |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
30/4/24 | 30/4/23 |
£ | £ |
Legal charge | 356,064 | 81,752 |
- | 180,815 |
The amount of £81,752 being owed to Charter Court Financial Services Limited at 30th April 2024 and is secured by a legal mortgage over the Company's property 13 Moffat Avenue, Jarrow, NE32 4HW. |
The amount of £181,301 being owed to The Mortgage Works (UK) PLC at 30th April 2024 and is secured by a legal mortgage over the Company's property 43a Cambridge Road Southend on Sea, SS1 1ET. |
The amount of £93,011 being owed to The Mortgage Lender Limited at 6th 30th April 2024 and is secured by a legal mortgage over the Company's property 8 Eden Walk Jarrow NE32 4DQ. |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30/4/24 | 30/4/23 |
value: | £ | £ |
Ordinary Share | £1 | 2 | 2 |
Ordinary A Share | £1 | 1 | 1 |
Ordinary B Share | £1 | 1 | 1 |
Ordinary C Share | £1 | 1 | 1 |
Ordinary D Share | £1 | 1 | 1 |
6 | 6 |
10. | RESERVES |
Retained |
earnings |
£ |
At 1st May 2023 | ( |
) |
Deficit for the year | ( |
) |
At 30th April 2024 | ( |
) |