Company registration number 01506495 (England and Wales)
RIVERSIDE MAINTENANCE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
RIVERSIDE MAINTENANCE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
RIVERSIDE MAINTENANCE LIMITED
BALANCE SHEET
AS AT
25 MARCH 2025
25 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
-
0
-
0
Tangible assets
3
133,202
133,302
Current assets
Debtors
4
25,641
22,398
Cash at bank and in hand
417,993
407,055
443,634
429,453
Creditors: amounts falling due within one year
5
(48,772)
(56,398)
Net current assets
394,862
373,055
Net assets
528,064
506,357
Reserves
Income and expenditure account
528,064
506,357
Total members' funds
528,064
506,357

For the financial year ended 25 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 10 November 2025 and are signed on its behalf by:
Mr JM Mcelligott
Director
Company registration number 01506495 (England and Wales)
RIVERSIDE MAINTENANCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 MARCH 2025
- 2 -
1
Accounting policies
Company information

Riverside Maintenance Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 94 Park Lane, Croydon, Surrey, UK, CR0 1JB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents rents receivable.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% on cost
Fixtures and fittings
33% on cost

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 surplus or deficit.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in surplus or deficit, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

RIVERSIDE MAINTENANCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 25 MARCH 2025
1
Accounting policies
(Continued)
- 3 -

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in surplus or deficit, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.5
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

RIVERSIDE MAINTENANCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 25 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 26 March 2024 and 25 March 2025
135,602
32,305
167,907
Depreciation and impairment
At 26 March 2024
2,300
32,305
34,605
Depreciation charged in the year
100
-
0
100
At 25 March 2025
2,400
32,305
34,705
Carrying amount
At 25 March 2025
133,202
-
0
133,202
At 25 March 2024
133,302
-
0
133,302
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
25,641
22,398
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
34,074
21,600
Corporation tax
5,090
34,073
Other creditors
9,608
725
48,772
56,398
RIVERSIDE MAINTENANCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 25 MARCH 2025
- 5 -
6
Members' liability

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.

2025-03-25 2024-03-26 false false false 10 November 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Linda Corkill Ronald Graham Samuel Hill-Wood John Mcelligott James Murray Michael Williams David Taine Simon Daws Ty Jones Turner B-Hive Company Secretarial Services Limited 01506495 2024-03-26 2025-03-25 01506495 2025-03-25 01506495 2024-03-25 01506495 core:LandBuildings 2025-03-25 01506495 core:OtherPropertyPlantEquipment 2025-03-25 01506495 core:LandBuildings 2024-03-25 01506495 core:OtherPropertyPlantEquipment 2024-03-25 01506495 core:CurrentFinancialInstruments 2025-03-25 01506495 core:CurrentFinancialInstruments 2024-03-25 01506495 core:RetainedEarningsAccumulatedLosses 2025-03-25 01506495 core:RetainedEarningsAccumulatedLosses 2024-03-25 01506495 bus:Director4 2024-03-26 2025-03-25 01506495 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-26 2025-03-25 01506495 core:FurnitureFittings 2024-03-26 2025-03-25 01506495 2023-03-26 2024-03-25 01506495 core:LandBuildings 2024-03-25 01506495 core:OtherPropertyPlantEquipment 2024-03-25 01506495 2024-03-25 01506495 core:LandBuildings 2024-03-26 2025-03-25 01506495 core:OtherPropertyPlantEquipment 2024-03-26 2025-03-25 01506495 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-25 01506495 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-25 01506495 bus:CompanyLimitedByGuarantee 2024-03-26 2025-03-25 01506495 bus:FRS102 2024-03-26 2025-03-25 01506495 bus:AuditExemptWithAccountantsReport 2024-03-26 2025-03-25 01506495 bus:Director1 2024-03-26 2025-03-25 01506495 bus:Director2 2024-03-26 2025-03-25 01506495 bus:Director3 2024-03-26 2025-03-25 01506495 bus:Director5 2024-03-26 2025-03-25 01506495 bus:Director6 2024-03-26 2025-03-25 01506495 bus:Director7 2024-03-26 2025-03-25 01506495 bus:Director8 2024-03-26 2025-03-25 01506495 bus:Director9 2024-03-26 2025-03-25 01506495 bus:CompanySecretary1 2024-03-26 2025-03-25 01506495 bus:SmallCompaniesRegimeForAccounts 2024-03-26 2025-03-25 01506495 bus:FullAccounts 2024-03-26 2025-03-25 xbrli:pure xbrli:shares iso4217:GBP