Company No: 07834055 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	31.12.2024		31.12.2023
		£		£
Fixed assets
Tangible assets	3	88,563		110,704
		88,563		110,704
Current assets
Debtors	4	0		28,585
Cash at bank and in hand		3,028		3,017
		3,028		31,602
Creditors: amounts falling due within one year	5	( 29,321)		( 145,631)
Net current liabilities		(26,293)		(114,029)
Total assets less current liabilities		62,270		(3,325)
Net assets/(liabilities)		62,270		( 3,325)
Capital and reserves
Called-up share capital		100		100
Profit and loss account		62,170		( 3,425 )
Total shareholders' funds/(deficit)		62,270		( 3,325)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of PSD Riverside Ltd (registered number: 07834055) were approved and authorised for issue by the Director. They were signed on its behalf by:

P Doherty Director

16 September 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

PSD Riverside Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 2 Riverside Wargrave Road, Henley On Thames, RG9 3JD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2. Employees

	Year ended 31.12.2024		Period from 01.04.2023 to 31.12.2023
	Number		Number
Monthly average number of persons employed by the company during the year, including the director	1		1

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 January 2024	378,090		378,090
At 31 December 2024	378,090		378,090
Accumulated depreciation
At 01 January 2024	267,386		267,386
Charge for the financial year	22,141		22,141
At 31 December 2024	289,527		289,527
Net book value
At 31 December 2024	88,563		88,563
At 31 December 2023	110,704		110,704

4. Debtors

	31.12.2024		31.12.2023
	£		£
Corporation tax	0		105
Other debtors	0		28,480
	0		28,585

5. Creditors: amounts falling due within one year

	31.12.2024		31.12.2023
	£		£
Amounts owed to director	1,769		120,092
Other loans	17,114		22,256
Accruals	5,000		3,000
Taxation and social security	5,438		283
	29,321		145,631