Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31No description of principal activityfalse03false2023-11-16truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 15288497 2023-11-15 15288497 2023-11-16 2025-03-31 15288497 2022-12-01 2023-11-15 15288497 2025-03-31 15288497 c:Director2 2023-11-16 2025-03-31 15288497 d:CurrentFinancialInstruments 2025-03-31 15288497 d:Non-currentFinancialInstruments 2025-03-31 15288497 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 15288497 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 15288497 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-03-31 15288497 d:ShareCapital 2025-03-31 15288497 d:RetainedEarningsAccumulatedLosses 2025-03-31 15288497 c:FRS102 2023-11-16 2025-03-31 15288497 c:AuditExempt-NoAccountantsReport 2023-11-16 2025-03-31 15288497 c:FullAccounts 2023-11-16 2025-03-31 15288497 c:PrivateLimitedCompanyLtd 2023-11-16 2025-03-31 15288497 d:WithinOneYear 2025-03-31 15288497 d:BetweenOneFiveYears 2025-03-31 15288497 d:MoreThanFiveYears 2025-03-31 15288497 2 2023-11-16 2025-03-31 15288497 e:PoundSterling 2023-11-16 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 15288497









RIVER SI 3A LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2025

 
RIVER SI 3A LIMITED
REGISTERED NUMBER: 15288497

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

31 March 2025
Note
£

  

Current assets
  

Debtors: amounts falling due after more than one year
 4 
52,927,152

Debtors: amounts falling due within one year
 4 
111,578

Cash at bank and in hand
 5 
679,043

  
53,717,773

Creditors: amounts falling due within one year
 6 
(1,594,732)

Net current assets
  
 
 
52,123,041

Total assets less current liabilities
  
52,123,041

Creditors: amounts falling due after more than one year
 7 
(53,364,733)

  

Net (liabilities)/assets
  
(1,241,692)


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
(1,241,693)

  
(1,241,692)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question 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 financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 August 2025.




Prag Shah
Page 1

 
RIVER SI 3A LIMITED
REGISTERED NUMBER: 15288497
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025

Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
RIVER SI 3A LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

1.


General information

River SI 3A Limited is a private company limited by shares and incorporated in England and Wales. The
address of the registered office is DVS House, 4 Spring Villa Road, Edgware HA8 7EB.
The company was incorporated on 16 November 2023 and the accounting period was extended to 31 March 2025.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

After reviewing the company's forecast and projection, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

 
2.3

Leased assets: the Company as lessor

Where assets leased to a third party give rights approximating to ownership (finance lease), the lessor recognises as a receivable an amount equal to the net investment in the lease i.e. the minimum lease payments receivable under the lease discounted at the interest rate implicit in the lease. This receivable is reduced as the lessee makes capital payments over the term of the lease.

A finance lease gives rise to two types of income: profit or loss equivalent to the profit or loss resulting from outright sale of the asset being leased, at normal selling prices, reflecting any applicable discounts, and finance income over the lease term.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Page 3

 
RIVER SI 3A LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

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

The average monthly number of employees, including directors, during the period was 3.


4.


Debtors

31 March 2025
£

Due after more than one year

Finance lease receivable
52,927,152

52,927,152


31 March 2025
£

Due within one year

Finance lease receivable
111,578

111,578


Page 4

 
RIVER SI 3A LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

5.


Cash and cash equivalents

31 March 2025
£

Cash at bank and in hand
679,043

679,043



6.


Creditors: Amounts falling due within one year

31 March 2025
£

Trade creditors
11,630

Amounts owed to group undertakings
853,141

Other taxation and social security
101,088

Accruals and deferred income
628,873

1,594,732



7.


Creditors: Amounts falling due after more than one year

31 March 2025
£

Other loans
53,364,733

53,364,733


A fixed and floating charge was registered in the period over the assets of the company.

Page 5

 
RIVER SI 3A LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

8.


Loans


Analysis of the maturity of loans is given below:


31 March 2025
£




Amounts falling due after more than 5 years

Other loans
53,364,733

53,364,733

53,364,733



9.


Finance lease: Lessor

During the year, the company acquired a building subject to a lease. In accordance with FRS 102, the lease has been classified as a finance lease. The lease payments are variable as per the terms of the lease agreement. 
As of the reporting date, a finance lease receivable of £53,038,730 has been recognised, which represents the present value of the future lease payments over the lease term. Finance lease income is recognised in the profit or loss over the life of the lease, with the income being amortised using the interest rate implicit in the lease.

2025
£


Not later than 1 year
111,578

Later than 1 year and not later than 5 years
470,465

Later than 5 years
52,456,687

53,038,730


10.


Related party transactions

The company has taken advantage of the exemption under FRS102 section 33 paragraph 1a and therefore has not reported the related party transactions or balances of companies within the group.

 
Page 6