Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11045916 Mr A S Azadehdel Mr V Hoong Riverflex International Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11045916 2023-12-31 11045916 2024-12-31 11045916 2024-01-01 2024-12-31 11045916 frs-core:CurrentFinancialInstruments 2024-12-31 11045916 frs-core:ShareCapital 2024-12-31 11045916 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11045916 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11045916 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11045916 frs-bus:SmallEntities 2024-01-01 2024-12-31 11045916 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11045916 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11045916 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 11045916 frs-bus:OrdinaryShareClass1 2024-12-31 11045916 1 2024-01-01 2024-12-31 11045916 frs-bus:Director1 2024-01-01 2024-12-31 11045916 frs-bus:Director2 2024-01-01 2024-12-31 11045916 frs-countries:EnglandWales 2024-01-01 2024-12-31 11045916 2022-12-31 11045916 2023-12-31 11045916 2023-01-01 2023-12-31 11045916 frs-core:CurrentFinancialInstruments 2023-12-31 11045916 frs-core:ShareCapital 2023-12-31 11045916 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11045916 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 11045916
Riverflex Trading UK Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
Riverflex Trading UK Limited
Contents
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Riverflex Trading UK Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 11045916
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 355,202 498,079
Cash at bank and in hand 374,995 276,332
730,197 774,411
Creditors: Amounts Falling Due Within One Year 5 (134,797 ) (210,319 )
NET CURRENT ASSETS (LIABILITIES) 595,400 564,092
TOTAL ASSETS LESS CURRENT LIABILITIES 595,400 564,092
NET ASSETS 595,400 564,092
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 595,300 563,992
SHAREHOLDERS' FUNDS 595,400 564,092
For the 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.
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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr A S Azadehdel
Director
29th September 2025
The notes on pages 2 to 3 form part of these financial statements.
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Riverflex Trading UK Limited
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Riverflex Trading UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11045916 . The registered office is 4 Cross Street, Beeston, Nottingham, NG9 2NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 2)
6 2
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Riverflex Trading UK Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 301,086 498,079
Inter-company loan account 53,631 -
Other taxes and social security 485 -
355,202 498,079
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 71,949 91,501
Corporation tax 7,316 75,194
Other taxes and social security - 5,947
VAT 53,716 36,193
Other creditors 541 284
Accruals and deferred income 1,275 1,200
134,797 210,319
6. Share Capital
2024 2023
Allotted, called up but not fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
7. Related Party Transactions
Riverflex Trading NL BVIncluded in trade debtor there are related party balances receivable for £Nil (2023: £182,250). During the year total services provided to Riverflex Trading NL BV are £174,750 (2023: £182,250). Included in inter-company loans there are related party balances receivable for £53,631 (2023: £Nil).

Riverflex Trading NL BV

Included in trade debtor there are related party balances receivable for £Nil (2023: £182,250). During the year total services provided to Riverflex Trading NL BV are £174,750 (2023: £182,250). Included in inter-company loans there are related party balances receivable for £53,631 (2023: £Nil).

Riverflex International LimitedIncluded in trade debtors there are related party balances receivable for £164,632 (2023: £82,316). Included in trade creditors there are related party balances payable for £26,400 (2023: £12,000). During the year total services provided to Riverflex International Ltd are £68,597 (2023: £68,597). During the year total services provided from Riverflex International Ltd are £72,000 (2023: £60,000).

Riverflex International Limited

Included in trade debtors there are related party balances receivable for £164,632 (2023: £82,316). Included in trade creditors there are related party balances payable for £26,400 (2023: £12,000). During the year total services provided to Riverflex International Ltd are £68,597 (2023: £68,597). During the year total services provided from Riverflex International Ltd are £72,000 (2023: £60,000).

8. Ultimate Controlling Party
The company's ultimate controlling party is Riverflex International Limited by virtue of his ownership of 100% of the issued share capital in the company.
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