River Marine Fuels Ltd. - Accounts to registrar (filleted)

REGISTERED NUMBER: 04466719 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

River Marine Fuels Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N J Goodwin

M D Goodwin

REGISTERED OFFICE:

Carlton House Gores Road, Knowlsey Indus

Gores Road, Knowlsey Industrial Estate

Liverpool

United Kingdom

L33 7XS

REGISTERED NUMBER:

04466719 (England and Wales)

AUDITORS:

SB&P

Chartered Accountants & Statutory Auditors

Oriel House

2-8 Oriel Road

Bootle

Liverpool

Merseyside

L20 7EP

FIXED ASSETS

Tangible assets

4

7,597

6,638

CURRENT ASSETS

Debtors

5

1,435,700

2,283,479

Cash at bank

2,147,958

2,068,270

3,583,658

4,351,749

CREDITORS

Amounts falling due within one year

6

1,923,393

2,654,667

NET CURRENT ASSETS

1,660,265

1,697,082

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,667,862

1,703,720

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

1,667,762

1,703,620

SHAREHOLDERS' FUNDS

1,667,862

1,703,720

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 November 2025 and were signed on its behalf by:

N J Goodwin - Director

1.	STATUTORY INFORMATION

River Marine Fuels 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

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 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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

24,097

Additions

2,175

At 31 March 2025

26,272

DEPRECIATION

At 1 April 2024

17,459

Charge for year

1,216

At 31 March 2025

18,675

NET BOOK VALUE

At 31 March 2025

7,597

At 31 March 2024

6,638

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

1,302,546

1,942,538

Amounts owed by group undertakings

-

317,045

Other debtors

41,909

12,007

Marine Duty

713

9,724

VAT

23,248

-

Prepayments and accrued income

67,284

2,165

1,435,700

2,283,479

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

1,822,380

2,403,883

Tax

41,926

224,016

Social security and other taxes

5,064

10,411

Pension

1,013

814

VAT

-

3,397

Other creditors

32,590

-

Accruals and deferred income

20,420

12,146

1,923,393

2,654,667

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

Within one year

15,419

Between one and five years

2,569

17,988

33,407

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

£1

100

9.

RESERVES

Retained

earnings

£

At 1 April 2024

1,703,620

Profit for the year

304,059

Dividends

(339,917

)

At 31 March 2025

1,667,762

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Suzanne Draper FCCA ACA (Senior Statutory Auditor)

for and on behalf of SB&P

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2025 and the period ended 31 March 2024:

31.3.25

31.3.24

£

J C Donoghue

Balance outstanding at start of year

-

158,985

Amounts advanced

-

13,277

Amounts repaid

-

(172,262

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

P A Wilson

Balance outstanding at start of year

-

146,635

Amounts advanced

-

10,155

Amounts repaid

-

(156,790

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Standard Group Holdings Limited.

13.	PARENT CONSOLIDATION

The company is included within the consolidated financial statements of Standard Group Holdings Ltd the registered office of which is Carlton House, Gores Lane, Knowsley Industrial Estate, Liverpool, L33 7XS.