Rio Precious Metals Ltd Filleted Accounts Cover
Rio Precious Metals Ltd
Company No. SC595536
Information for Filing with The Registrar
30 April 2025
Rio Precious Metals Ltd Directors Report Registrar
The Directors present their report and the accounts for the year ended 30 April 2025.
Principal activities
The principal activity of the company during the year under review was administration of financial markets.
Directors
The Directors who served at any time during the year were as follows:
M. McLeod
M. Williamson
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
M. Williamson
Director
30 June 2025
Rio Precious Metals Ltd Balance Sheet Registrar
at
30 April 2025
Company No.
SC595536
Notes
2025
2024
£
£
Current assets
Debtors
4
5,4875,487
Cash at bank and in hand
59,5874,711
65,07410,198
Net current assets
65,07410,198
Total assets less current liabilities
65,07410,198
Creditors: Amounts falling due after more than one year
5
(55,000)
-
Net assets
10,07410,198
Capital and reserves
Called up share capital
11
Profit and loss account
7
10,07310,197
Total equity
10,07410,198
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 30 June 2025 and signed on its behalf by:
M. Williamson
Director
30 June 2025
Rio Precious Metals Ltd Notes to the Accounts Registrar
for the year ended 30 April 2025
1
General information
Rio Precious Metals Ltd is a private company limited by shares and incorporated in Scotland.
Its registered number is: SC595536
Its registered office is:
3 Queen Street
Edinburgh
Scotland
EH2 1JE
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2025
2024
Number
Number
The average monthly number of employees (including directors) during the year was:
00
4
Debtors
2025
2024
£
£
Other debtors
5,4875,487
5,4875,487
5
Creditors:
amounts falling due after more than one year
2025
2024
£
£
Other loans
55,000-
55,000-
6
Share Capital
1 ordinary share at £1.00
7
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
Rio Precious Metals LtdSC59553630 April 202501 May 2024false30 June 2025BTCSoftware AP Solution 2025 12.1.0112.1.01trueSC5955362024-05-012025-04-30SC5955362025-04-30SC5955362024-04-30SC595536core:AfterOneYear2025-04-30SC595536core:AfterOneYear2024-04-30SC595536core:ShareCapital2025-04-30SC595536core:ShareCapital2024-04-30SC595536core:RetainedEarningsAccumulatedLosses2025-04-30SC595536core:RetainedEarningsAccumulatedLosses2024-04-30SC595536countries:UnitedKingdom2024-05-012025-04-30SC595536bus:RegisteredOffice2024-05-012025-04-30SC5955362023-05-012024-04-30SC595536core:RetainedEarningsAccumulatedLosses2024-05-012025-04-30SC5955362024-05-01SC595536bus:SmallEntities2024-05-012025-04-30SC595536bus:FullAccounts2024-05-012025-04-30SC595536bus:AuditExempt-NoAccountantsReport2024-05-012025-04-30SC595536bus:Director22024-05-012025-04-30SC595536bus:PrivateLimitedCompanyLtd2024-05-012025-04-30iso4217:GBPxbrli:pure