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REGISTERED NUMBER: 09676840 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

J P RIVETT LIMITED

J P RIVETT LIMITED (REGISTERED NUMBER: 09676840)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


J P RIVETT LIMITED

Company Information
for the year ended 31 March 2024







DIRECTOR: J P Rivett





SECRETARY:





REGISTERED OFFICE: The Firs
5 Barrowden Road
Morcott
Rutland
LE15 9DQ





REGISTERED NUMBER: 09676840 (England and Wales)





ACCOUNTANTS: Camerons Accountancy Consultants Limited
Chartered Accountants
9 Worton Park
Cassington
Witney
Oxfordshire
OX29 4SX

J P RIVETT LIMITED (REGISTERED NUMBER: 09676840)

Report of the Director
for the year ended 31 March 2024

The director presents his report with the financial statements of the company for the year ended 31 March 2024.

DIRECTOR
J P Rivett held office during the whole of the period from 1 April 2023 to the date of this report.

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

ON BEHALF OF THE BOARD:





J P Rivett - Director


21 February 2025

J P RIVETT LIMITED (REGISTERED NUMBER: 09676840)

Income Statement
for the year ended 31 March 2024

2024 2023
£    £   

TURNOVER 130,165 229,697

Administrative expenses 14,854 13,353
OPERATING PROFIT 115,311 216,344

Interest receivable and similar income 3,668 3,668
118,979 220,012

Interest payable and similar expenses 1,068 1,299
PROFIT BEFORE TAXATION 117,911 218,713

Tax on profit 27,496 37,225
PROFIT FOR THE FINANCIAL YEAR 90,415 181,488

J P RIVETT LIMITED (REGISTERED NUMBER: 09676840)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 503,178 524,825
Cash at bank 39,309 53,176
542,487 578,001
CREDITORS
Amounts falling due within one year 5 29,211 38,941
NET CURRENT ASSETS 513,276 539,060
TOTAL ASSETS LESS CURRENT
LIABILITIES

513,276

539,060

CREDITORS
Amounts falling due after more than one
year

6

35,561

39,606
NET ASSETS 477,715 499,454

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 477,615 499,354
477,715 499,454

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

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

The financial statements were approved by the director and authorised for issue on 21 February 2025 and were signed by:





J P Rivett - Director


J P RIVETT LIMITED (REGISTERED NUMBER: 09676840)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

J P Rivett Limited 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year 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 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 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 503,178 524,825

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,484 1,484
Trade creditors (1 ) -
Taxation and social security 27,728 37,457
29,211 38,941

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 35,561 39,606

J P RIVETT LIMITED (REGISTERED NUMBER: 09676840)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan at HMRC official rate during the year.