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Registered number: 06759419
River Stewardship Company Limited
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06759419
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 59,238 -
Tangible Assets 5 170,997 192,674
230,235 192,674
CURRENT ASSETS
Stocks - 34,152
Debtors 6 659,995 450,791
Cash at bank and in hand 150,415 22,040
810,410 506,983
Creditors: Amounts Falling Due Within One Year 7 (612,021 ) (335,587 )
NET CURRENT ASSETS (LIABILITIES) 198,389 171,396
TOTAL ASSETS LESS CURRENT LIABILITIES 428,624 364,070
Creditors: Amounts Falling Due After More Than One Year 8 (109,803 ) (48,220 )
NET ASSETS 318,821 315,850
Income and Expenditure Account 318,821 315,850
MEMBERS' FUNDS 318,821 315,850
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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 Income and Expenditure Account.
The financial statements were approved by the board of directors on 18 November 2025 and were signed on its behalf by:
Mr David Gray
Director
18/11/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
River Stewardship Company Limited Registered number 06759419 is a limited by guarantee company incorporated in England & Wales. The Registered Office is Unit 1, Newhall Industrial Estate, Sanderson Street, Sheffield, South Yorkshire, S9 2TW.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are the ISO system being developed and put in place to secure and maintain our ISO 9001/14001/45001 accreditations.  It is amortised to the income and expenditure account over its estimated economic life of 5 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Straight line
Motor Vehicles 25% Straight line (Second-Hand) / 16% Reducing Balance (New Vehicles)
Fixtures & Fittings 33% Straight line
Computer Equipment 33% Straight line
2.6. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income and expenditure account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income and expenditure account as incurred.
2.7. 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Office and administration 11 6
Site Supervisors 8 8
Site Operatives 11 11
30 25
4. Intangible Assets
Other Development Costs Total
£ £ £
Cost
As at 1 April 2024 - - -
Additions 46,071 17,556 63,627
As at 31 March 2025 46,071 17,556 63,627
Amortisation
As at 1 April 2024 - - -
Provided during the period - 4,389 4,389
As at 31 March 2025 - 4,389 4,389
Net Book Value
As at 31 March 2025 46,071 13,167 59,238
As at 1 April 2024 - - -
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5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 150,076 101,033 58,445 17,222 326,776
Additions 7,677 - 16,825 5,814 30,316
As at 31 March 2025 157,753 101,033 75,270 23,036 357,092
Depreciation
As at 1 April 2024 67,251 46,817 7,473 12,561 134,102
Provided during the period 30,304 7,199 10,602 3,888 51,993
As at 31 March 2025 97,555 54,016 18,075 16,449 186,095
Net Book Value
As at 31 March 2025 60,198 47,017 57,195 6,587 170,997
As at 1 April 2024 82,825 54,216 50,972 4,661 192,674
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 336,204 192,506
Prepayments and accrued income 323,791 258,285
659,995 450,791
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 20,574 36,660
Trade creditors 523,528 270,878
Bank loans and overdrafts 10,000 10,000
Other loans 23,080 -
Other taxes and social security 6,535 11,913
VAT 23,374 8,484
Other creditors 11,549 5,947
Accruals and deferred income 76,135 -
Amounts owed to other participating interests (82,754 ) (8,295 )
612,021 335,587
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 14,983 35,720
Bank loans 2,500 12,500
Other loans 92,320 -
109,803 48,220
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9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 20,574 36,660
Later than one year and not later than five years 14,983 35,720
35,557 72,380
35,557 72,380
10. Share Capital
11. Controlling Party Not Known
The controlling parties of the company are its members.
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