REGISTERED NUMBER: 11048077 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

RIVERCHURCH PROPERTY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L V Aleshina

R J Attwood

REGISTERED OFFICE:

36 Mariner's Way

Cambridge

Cambridgeshire

CB4 1BN

REGISTERED NUMBER:

11048077 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

FIXED ASSETS

Investment property

5

485,000

485,000

CURRENT ASSETS

Cash and cash equivalents

3,101

312

CREDITORS

Amounts falling due within one year

6

(139,455

)

(140,346

)

NET CURRENT LIABILITIES

(136,354

)

(140,034

)

TOTAL ASSETS LESS CURRENT LIABILITIES

348,646

344,966

CREDITORS

Amounts falling due after more than one year

7

(280,735

)

(283,016

)

PROVISIONS FOR LIABILITIES

9

(20,900

)

(20,900

)

NET ASSETS

47,011

41,050

CAPITAL AND RESERVES

Called up share capital

10

100

100

Revaluation reserve

11

67,625

67,625

Retained earnings

(20,714

)

(26,675

)

SHAREHOLDERS' FUNDS

47,011

41,050

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

R J Attwood - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is derived from the provision of accommodation and represents rental income received.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

485,000

NET BOOK VALUE

At 31 March 2025

485,000

At 31 March 2024

485,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2019

436,873

Valuation in 2020

(1,873

)

Valuation in 2021

7,500

Valuation in 2022

42,500

485,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

396,873

396,873

Investment property was valued on a fair value basis on 31 March 2024 by Pocock and Shaw estate agents. .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

3

-

Other creditors

139,452

140,346

139,455

140,346

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

267,339

267,339

Other creditors

13,396

15,677

280,735

283,016

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yrs

215,781

215,781

8.	SECURED DEBTS

The mortgage of £267,339 is secured via a fixed charge held against the investment property.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

20,900

20,900

Deferred

tax

£

Balance at 1 April 2024

20,900

Balance at 31 March 2025

20,900

Deferred tax is recognised in respect of the fair value gain on investment property.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

67,625