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REGISTERED NUMBER: 04317137 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 1 APRIL 2024

FOR

RIVERDEAL LTD

RIVERDEAL LTD (REGISTERED NUMBER: 04317137)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 1 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


RIVERDEAL LTD

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 1 APRIL 2024







DIRECTORS: D Katz
Mrs S Katz





REGISTERED OFFICE: 23A Ashtead Road
Stamford Hill
London
E5 9BJ





REGISTERED NUMBER: 04317137 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

RIVERDEAL LTD (REGISTERED NUMBER: 04317137)

STATEMENT OF FINANCIAL POSITION
1 APRIL 2024

1.4.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,535 1,806
Investment property 5 610,000 610,000
611,535 611,806

CURRENT ASSETS
Debtors 6 501,914 475,350
Cash at bank 21,863 251,981
523,777 727,331
CREDITORS
Amounts falling due within one year 7 (278,722 ) (492,229 )
NET CURRENT ASSETS 245,055 235,102
TOTAL ASSETS LESS CURRENT
LIABILITIES

856,590

846,908

CREDITORS
Amounts falling due after more than one
year

8

(326,544

)

(326,544

)
NET ASSETS 530,046 520,364

CAPITAL AND RESERVES
Called up share capital 9 1 1
Revaluation reserve 10 301,275 301,275
Retained earnings 10 228,770 219,088
SHAREHOLDERS' FUNDS 530,046 520,364

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 1 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 1 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

RIVERDEAL LTD (REGISTERED NUMBER: 04317137)

STATEMENT OF FINANCIAL POSITION - continued
1 APRIL 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





D Katz - Director


RIVERDEAL LTD (REGISTERED NUMBER: 04317137)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 1 APRIL 2024

1. STATUTORY INFORMATION

Riverdeal Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents net rent receivable, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

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 period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 period was 3 (2023 - 3 ) .

RIVERDEAL LTD (REGISTERED NUMBER: 04317137)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 1 APRIL 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023
and 1 April 2024 15,596
DEPRECIATION
At 1 April 2023 13,790
Charge for period 271
At 1 April 2024 14,061
NET BOOK VALUE
At 1 April 2024 1,535
At 31 March 2023 1,806

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 1 April 2024 610,000
NET BOOK VALUE
At 1 April 2024 610,000
At 31 March 2023 610,000

Fair value at 1 April 2024 is represented by:
£   
Valuation in 2008 266,771
Valuation in 2009 34,504
Cost 308,725
610,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
1.4.24 31.3.23
£    £   
Trade debtors 19,789 19,789
Other debtors 482,125 455,561
501,914 475,350

RIVERDEAL LTD (REGISTERED NUMBER: 04317137)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 1 APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
1.4.24 31.3.23
£    £   
Tax 576 1
Social security and other taxes 4,823 344
Other creditors 272,543 491,884
Accrued expenses 780 -
278,722 492,229

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
1.4.24 31.3.23
£    £   
Bank loans more 5 yrs non-inst 326,544 326,544

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 326,544 326,544

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 1.4.24 31.3.23
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2023 219,088 301,275 520,363
Profit for the period 9,682 9,682
At 1 April 2024 228,770 301,275 530,045

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs S Katz.