Company No: 10018343 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	312,977		293,860
		312,977		293,860
Current assets
Stocks	4	23,681		19,458
Debtors	5	104,183		202,152
Cash at bank and in hand		31,417		60,448
		159,281		282,058
Creditors: amounts falling due within one year	6	( 431,894)		( 504,430)
Net current liabilities		(272,613)		(222,372)
Total assets less current liabilities		40,364		71,488
Provision for liabilities	7	( 32,868)		( 55,121)
Net assets		7,496		16,367
Capital and reserves
Called-up share capital		100		100
Profit and loss account		7,396		16,267
Total shareholder's funds		7,496		16,367

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Riverside Restaurant (Bridport) Limited (registered number: 10018343) were approved and authorised for issue by the Board of Directors on 04 December 2025. They were signed on its behalf by:

Mr R J Cooper Director		Ms N J Craven Director
Mr A D Briggs Director		Mr K M Clarke Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Riverside Restaurant (Bridport) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Leanne House, 6 Avon Close, Weymouth, DT4 9UX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	20 years straight line
Plant and machinery	5 years straight line
Vehicles	5 years straight line
Fixtures and fittings	5 years straight line
Office equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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 profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes purchases. Provision is made for obsolete, slow-moving or defective items where appropriate.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

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 creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	46		50

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£		£
Cost
At 01 April 2024	388,863		76,516		1,000		82,901		9,953		559,233
Additions	16,409		36,811		0		2,617		2,612		58,449
Disposals	0		( 2,427)		0		( 216)		( 1,580)		( 4,223)
At 31 March 2025	405,272		110,900		1,000		85,302		10,985		613,459
Accumulated depreciation
At 01 April 2024	131,068		60,834		1,000		64,610		7,861		265,373
Charge for the financial year	20,195		10,851		0		6,083		1,125		38,254
Disposals	0		( 2,031)		0		( 104)		( 1,010)		( 3,145)
At 31 March 2025	151,263		69,654		1,000		70,589		7,976		300,482
Net book value
At 31 March 2025	254,009		41,246		0		14,713		3,009		312,977
At 31 March 2024	257,795		15,682		0		18,291		2,092		293,860

4. Stocks

	2025		2024
	£		£
Stocks	23,681		19,458

5. Debtors

	2025		2024
	£		£
Trade debtors	9,670		41,578
Other debtors	94,513		160,574
	104,183		202,152

Within Other debtors is a loan to an associated company.

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	23,627		33,753
Trade creditors	95,026		89,009
Taxation and social security	73,256		95,970
Other creditors	239,985		285,698
	431,894		504,430

Within Other creditors are loans from two of the directors which are repayable on demand and interest-free.

7. Provision for liabilities

	2025		2024
	£		£
Deferred tax	32,868		55,121

8. Financial commitments

Commitments

Capital commitments are as follows:

	2025		2024
	£		£
Contracted for but not provided for:
Finance leases entered into	536,000		547,500

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	48,000		45,000
between one and five years	192,000		180,000
after five years	296,000		322,500
Total future minimum lease payments under non-cancellable operating leases	536,000		547,500

9. Off Balance Sheet arrangements

Included in an associated company is a loan which has fixed and floating charges over the assets of this company.