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Registered Number: 12155752
England and Wales

 

 

 

RIA ADVISORY LTD



Abridged Accounts
 


Period of accounts

Start date: 01 January 2024

End date: 31 December 2024
Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 December 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
N V Accounting LLP
31 December 2024



....................................................
N V Accounting LLP
Office No. 301
1 Elmfield Park
Bromley
Kent
BR1 1LU
30 September 2025
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 152    1,750 
152    1,750 
Current assets      
Debtors 2,898,376    944,654 
Cash at bank and in hand 56,280    334,829 
2,954,656    1,279,483 
Creditors: amount falling due within one year (1,973,932)   (1,036,985)
Net current assets 980,724    242,498 
 
Total assets less current liabilities 980,876    244,248 
Provisions for liabilities (6,875)   (21,046)
Net assets 974,001    223,202 
 

Capital and reserves
     
Called up share capital 4 100    100 
Profit and loss account 973,901    223,102 
Shareholders' funds 974,001    223,202 
 


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

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 30 September 2025 and were signed on its behalf by:


-------------------------------
Saket Pabby
Director
2
General Information
RIA ADVISORY LTD is a private company, limited by shares, registered in England and Wales, registration number 12155752, registration address Level 37, 1 Canada Square, Canary Wharf, United Kingdom, E14 5AX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 3 Straight Line
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 12 (2023 : 12).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 January 2024 10,991    10,991 
Additions 1,291    1,291 
Disposals  
At 31 December 2024 12,282    12,282 
Depreciation
At 01 January 2024 9,241    9,241 
Charge for year 2,889    2,889 
On disposals  
At 31 December 2024 12,130    12,130 
Net book values
Closing balance as at 31 December 2024 152    152 
Opening balance as at 01 January 2024 1,750    1,750 


4.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
100 Class A shares of £0.01 each  
 

3