Company Registration No. 09192045 (England and Wales)
Riverspark Limited
Unaudited accounts
for the year ended 31 March 2025
Riverspark Limited
Unaudited accounts
Contents
Riverspark Limited
Company Information
for the year ended 31 March 2025
Directors
A Naghshineh
C Thoday
Company Number
09192045 (England and Wales)
Registered Office
Riverside House
11-13 Riverside Road
Norwich
Norfolk
NR1 1SQ
Riverspark Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
673
673
Creditors: amounts falling due within one year
(333,762)
(333,762)
Net current liabilities
(333,088)
(333,088)
Net liabilities
(333,088)
(333,088)
Called up share capital
50
50
Share premium
212,270
212,270
Profit and loss account
(545,408)
(545,408)
Shareholders' funds
(333,088)
(333,088)
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2025 and were signed on its behalf by
C Thoday
Director
Company Registration No. 09192045
Riverspark Limited
Notes to the Accounts
for the year ended 31 March 2025
Riverspark Limited is a private company, limited by shares, registered in England and Wales, registration number 09192045. The registered office is Riverside House, 11-13 Riverside Road, Norwich, Norfolk, NR1 1SQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention unless otherwise specified within these accounting policies.
The accounts are presented in £ sterling.
The directors have resolved that it is not appropriate to prepare the accounts on going concern basis.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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 accounts.
Deferred tax liabilities arising from gains on the revaluation of intangible fixed assets are recognised in full.
Deferred tax assets arising from unrelieved tax losses are recognised only to the extent that it is probable that they will be recovered against future profits or the future reversal of deferred tax liabilities.
Deferred tax assets and liabilities are not discounted.
The intangible assets were for an option to buy a commercial investment property. The option expired during the year.
Amounts falling due within one year
Riverspark Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
130,000
130,000
Other creditors
203,762
203,762
Allotted, called up and fully paid:
50 Ordinary shares of £1 each
50
50
8
Transactions with related parties
The company has a loan relationship with its parent undertaking Targetfollow Group Ltd. At the end of the year the company owed a total of £130,000 (2024: £130,000) to Targetfollow Group Ltd.
The immediate controlling party is Targetfollow Group Limited, a company registered in England and Wales. The ultimate controlling party is the shareholder and a director of Targetfollow Group Limited, A Naghshineh.
The parent undertaking of the smallest and largest group for which consolidated accounts are prepared is Targetfollow Group Ltd, whose registered address is 11-12 Riverside Road, Norwich, NR1 1SQ. Consolidated accounts are available from Companies House.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).