ARMSTRONG REIVER BBS LTD


Directors	ARMSTRONG, Mark Thomas
	LLOYD, John Barry
	POTTS, Janice Mary


Registered Address	Randalinton Farm Sandysike
	Longtown
	Carlisle
	CA6 5SX


Registered Number	03969541 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investments	3		1,044,086		949,170
			1,044,086		949,170
Current assets
Debtors	4,5	2,484,352		2,473,650
Cash at bank and on hand		802,677		795,173
		3,287,029		3,268,823
Creditors amounts falling due within one year	6	(348,644)		(333,145)
Net current assets (liabilities)			2,938,385		2,935,678
Total assets less current liabilities			3,982,471		3,884,848
Net assets			3,982,471		3,884,848
Capital and reserves
Called up share capital			25,001		25,001
Other reserves			25,000		25,000
Profit and loss account			3,932,470		3,834,847
Shareholders' funds			3,982,471		3,884,848

The company was entitled to exemption from audit for this reporting period 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 August 2025, and are signed on its behalf by:

POTTS, Janice Mary
Director
Registered Company No. 03969541

ARMSTRONG REIVER BBS LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the Income Statement.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		2

3.	Fixed asset investments
	The fixed asset investment relates to the capital account in a trading Limited Liability Partnership.

	Other investments¹	Total
	£	£
Cost or valuation
At 01 April 24	949,170	949,170
Additions	94,916	94,916
At 31 March 25	1,044,086	1,044,086
Net book value
At 31 March 25	1,044,086	1,044,086
At 31 March 24	949,170	949,170

	Notes
	¹Other investments other than loans

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	104,500	100,000
Other debtors	118	1,262
Prepayments and accrued income	1,191,499	1,184,153
Total	1,296,117	1,285,415


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Debtors: amounts due after one year

	2025	2024
	£	£
Other debtors	1,188,235	1,188,235
Total	1,188,235	1,188,235

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	30	20
Taxation and social security	32,173	16,962
Other creditors	312,611	312,613
Accrued liabilities and deferred income	3,830	3,550
Total	348,644	333,145


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Related party transactions
	At the reporting date £1,188,235 (2024 - £1,188,235) was owed to the company from Armstrong Reiver LLP, a partnership in which the company is a partner. The loan is included in debtors and is unsecured and interest free. There is no fixed repayment term but 12 months notice must be given for amounts owed, no such notice has been given during the period or in the period post year end. At the reporting date £100 (2024 - £100) was owed to the company from the PRA Will Business Trust. The loan is included in debtors and is unsecured and interest free. At the reporting date £312,613 (2024 - £312,613) was owed to the estate of Mr P R Armstrong (Deceased). Mr P R Armstrong was a company director until his death. The loan is interest free and repayable on demand.

Related party transactions

At the reporting date £1,188,235 (2024 - £1,188,235) was owed to the company from Armstrong Reiver LLP, a partnership in which the company is a partner. The loan is included in debtors and is unsecured and interest free. There is no fixed repayment term but 12 months notice must be given for amounts owed, no such notice has been given during the period or in the period post year end.

At the reporting date £100 (2024 - £100)  was owed to the company from the PRA Will Business Trust. The loan is included in debtors and is unsecured and interest free. 

At the reporting date £312,613 (2024 - £312,613) was owed to the estate of Mr P R Armstrong (Deceased). Mr P R Armstrong was a company director until his death. The loan is interest free and repayable on demand.