Downriver Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3

Registered number: 06334694

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	3,545,308		3,517,816
Debtors		2,909		2,864
Cash at bank and in hand		7,661		1,738

		3,555,878		3,522,418
Creditors: Amounts Falling Due Within One Year		(3,361,022 )		(2,028,669 )

NET CURRENT ASSETS (LIABILITIES)			194,856		1,493,749

TOTAL ASSETS LESS CURRENT LIABILITIES			194,856		1,493,749

Creditors: Amounts Falling Due After More Than One Year			(1,098,901 )		(2,199,625 )

NET LIABILITIES			(904,045 )		(705,876 )

CAPITAL AND RESERVES
Called up share capital	5		600		600
Share premium account			3,221,591		3,221,591
Profit and Loss Account			(4,126,236 )		(3,928,067 )

SHAREHOLDERS' FUNDS			(904,045)		(705,876)

Page 1

Page 2

Downriver Properties Limited

Balance Sheet (continued)

As At 31 March 2025

For the 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.

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J D Selby

Director

6th August 2025

The notes on page 3 form part of these financial statements.

1. General Information

Downriver Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06334694 . The registered office is 237 Westcombe Hill, London, SE3 7DW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

Tax is recognised in the profit and loss account 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Stocks

	2025	2024
	£	£
Stock	3,545,308	3,517,816

5. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
300 Ordinary Shares of £ 1.00 each	300	300
300 Ordinary B shares of £ 1.00 each	300	300

	600	600

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