REGISTERED NUMBER: 03481195 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

RIVERVIEW SECURITIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R A Cutt

Ms G C Morton

SECRETARY:

Mr R A Cutt

REGISTERED OFFICE:

54 Knifesmithgate

Chesterfield

Derbyshire

S40 1RQ

REGISTERED NUMBER:

03481195 (England and Wales)

ACCOUNTANTS:

SMH Howard Matthews Ltd

Lidgett House

56 Lidgett Lane

Garforth

Leeds

LS25 1LL

FIXED ASSETS

Tangible assets

3

784,177

521,294

CURRENT ASSETS

Debtors

4

220

220

Cash at bank

58,351

61,913

58,571

62,133

CREDITORS

Amounts falling due within one year

5

262,821

2,050

NET CURRENT (LIABILITIES)/ASSETS

(204,250

)

60,083

TOTAL ASSETS LESS CURRENT LIABILITIES

579,927

581,377

CREDITORS

Amounts falling due after more than one year

6

(187,000

)

(187,000

)

PROVISIONS FOR LIABILITIES

(54,486

)

(54,491

)

NET ASSETS

338,441

339,886

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

7

172,978

172,978

Retained earnings

165,363

166,808

338,441

339,886

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

Mr R A Cutt - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

3.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 January 2024

519,001

10,561

529,562

Additions

263,456

-

263,456

At 31 December 2024

782,457

10,561

793,018

DEPRECIATION

At 1 January 2024

-

8,268

8,268

Charge for year

-

573

573

At 31 December 2024

-

8,841

8,841

NET BOOK VALUE

At 31 December 2024

782,457

1,720

784,177

At 31 December 2023

519,001

2,293

521,294

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

220

220

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

-

1,050

Other creditors

262,821

1,000

262,821

2,050

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

187,000

187,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 yr

187,000

187,000

7.

RESERVES

Fair

value

reserve

£

At 1 January 2024

and 31 December 2024

172,978

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mr R A Cutt

Balance outstanding at start of year

-

-

Amounts repaid

(262,821

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(262,821

)

-