Registration number:
Riverine Body Care (UK) Limited
for the Year Ended 31 March 2025
Riverine Body Care (UK) Limited
(Registration number: 13544664)
Balance Sheet as at 31 March 2025
Note |
2025 |
2024 |
|
Fixed assets |
|||
Tangible assets |
- |
|
|
Current assets |
|||
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: Amounts falling due within one year |
( |
( |
|
Net current (liabilities)/assets |
( |
|
|
Total assets less current liabilities |
( |
|
|
Creditors: Amounts falling due after more than one year |
( |
( |
|
Net liabilities |
( |
( |
|
Capital and reserves |
|||
Called up share capital |
140,030 |
50,000 |
|
Retained earnings |
(166,437) |
(185,509) |
|
Shareholders' deficit |
(26,407) |
(135,509) |
Approved and authorised by the
......................................... |
Riverine Body Care (UK) Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
United Kingdom
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis. Despite net liabilities at the year end, and not yet trading, the company is in the intiial phase of operations and is fully supported by its shareholder and lenders. This support has been confirmed for a period of at least 12 months from the approval date of these accounts.
Riverine Body Care (UK) Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
Audit report
remains in an initial pre-trade phase of its operations, and as at the year end and approval date is not
yet trading and is in a net liabilities position. This naturally indicates that uncertainty exists which may
cast significant doubt on the company's ability to continue as a going concern. Our opinion is not
modified in respect of this matter.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Office equipment |
33% straight line |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Riverine Body Care (UK) Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Riverine Body Care (UK) Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
Tangible assets |
Furniture, fittings and equipment |
Total |
|
Cost or valuation |
||
At 1 April 2024 |
|
|
At 31 March 2025 |
|
|
Depreciation |
||
At 1 April 2024 |
|
|
Charge for the year |
|
|
At 31 March 2025 |
|
|
Carrying amount |
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At 31 March 2025 |
- |
- |
At 31 March 2024 |
|
|
Debtors |
2025 |
2024 |
|
Prepayments |
|
|
Other debtors |
- |
|
|
|
Creditors |
Creditors: amounts falling due within one year
Note |
2025 |
2024 |
|
Due within one year |
|||
Loans and borrowings |
|
- |
|
Accruals and deferred income |
|
|
|
Other creditors |
|
- |
|
|
|
Creditors: amounts falling due after more than one year
Note |
2025 |
2024 |
|
Due after one year |
|||
Loans and borrowings |
|
|
Riverine Body Care (UK) Limited
Notes to the Financial Statements for the Year Ended 31 March 2025
Share capital |
Allotted, called up and fully paid shares
2025 |
2024 |
|||
No. |
£ |
No. |
£ |
|
|
|
140,030 |
|
50,000 |
Loans and borrowings |
Non-current loans and borrowings
2025 |
2024 |
|
Other borrowings |
|
|
Current loans and borrowings
2025 |
2024 |
|
Other borrowings |
|
- |