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Company No: 11633853 (England and Wales)

RIVER PROFILES HOLDINGS LIMITED

Unaudited Financial Statements
For the financial period ended 31 March 2024
Pages for filing with the registrar

RIVER PROFILES HOLDINGS LIMITED

Unaudited Financial Statements

For the financial period ended 31 March 2024

Contents

RIVER PROFILES HOLDINGS LIMITED

COMPANY INFORMATION

For the financial period ended 31 March 2024
RIVER PROFILES HOLDINGS LIMITED

COMPANY INFORMATION (continued)

For the financial period ended 31 March 2024
DIRECTOR Mr R S Burmingham
REGISTERED OFFICE Steel Fields Estate
Owens Way
Gillingham
ME7 2RT
United Kingdom
COMPANY NUMBER 11633853 (England and Wales)
CHARTERED ACCOUNTANTS Burgess Hodgson LLP
Camburgh House
27 New Dover Road
Canterbury
CT1 3DN
RIVER PROFILES HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 March 2024
RIVER PROFILES HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Investments 4 1 1
1 1
Current assets
Debtors 5 856,913 0
Cash at bank and in hand 856,654 844,774
1,713,567 844,774
Creditors: amounts falling due within one year 6 ( 793,389) 0
Net current assets 920,178 844,774
Total assets less current liabilities 920,179 844,775
Net assets 920,179 844,775
Capital and reserves
Called-up share capital 2 2
Profit and loss account 920,177 844,773
Total shareholder's funds 920,179 844,775

For the financial period ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of River Profiles Holdings Limited (registered number: 11633853) were approved and authorised for issue by the Director on 28 January 2025. They were signed on its behalf by:

Mr R S Burmingham
Director
RIVER PROFILES HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 March 2024
RIVER PROFILES HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

River Profiles Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Steel Fields Estate, Owens Way, Gillingham, ME7 2RT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Impairment of assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the director is required to make judgements that have a significant impact on the amounts recognised. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

3. Employees

2024 2023
Number Number
The average number of persons employed by the company during the year amounted to: 1 1

4. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 April 2023 1
At 31 March 2024 1
Carrying value at 31 March 2024 1
Carrying value at 31 March 2023 1

5. Debtors

2024 2023
£ £
Other debtors 856,913 0

6. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to Group undertakings 793,389 0

7. Related party transactions

Transactions with entities in which the entity itself has a participating interest

2024 2023
£ £
At the year end the company owed the following amount to a group company: 793,389 0

Transactions with the entity's director

2024 2023
£ £
At the year end the Director owed the company: 856,913 0