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Company registration number: 01912265
Riverside Homes Limited
Unaudited abridged financial statements
30 June 2025
Riverside Homes Limited
Contents
Directors and other information
Director's report
Accountants report
Statement of comprehensive income
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
Riverside Homes Limited
Directors and other information

| Director | Mr Mahendra Khimji Raja
| Secretary | Indumati Mahendra Raja
| Company number | 01912265
| Registered office | 56 Chorley New Road
|  | Bolton
|  | BL1 4AP
| Business address | Radcliffe Park Crescent
|  | Salford
|  | Manchester
|  | M6 7WQ
| Accountants | Suryakant Mehta.CA
|  | 10 Park Lodge
|  | Cheadle
|  | Cheshire
|  | SK8 1HU

| Bankers | The Royal Bank of Scotland plc
|  | 46 - 48 Deansgate
|  | Bolton
|  | BL1 1BH

Riverside Homes Limited
Director's report
Year ended 30 June 2025
The director presents his report and the unaudited financial statements of the company for the year ended 30 June 2025.
Director
The director who served the company during the year was as follows:

Mr Mahendra Khimji Raja

Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 23 January 2026 and signed on behalf of the board by:
Mr Mahendra Khimji Raja
Director
Riverside Homes Limited
Report to the director on the preparation of the
unaudited statutory financial statements of Riverside Homes Limited
Year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Riverside Homes Limited for the year ended 30 June 2025 which comprise the statement of comprehensive income, abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the director of Riverside Homes Limited, as a body, in accordance with the terms of our engagement letter dated 2 June 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Riverside Homes Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Riverside Homes Limited and its director as a body for our work or for this report.
It is your duty to ensure that Riverside Homes Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Riverside Homes Limited. You consider that Riverside Homes Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Riverside Homes Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Suryakant Mehta.CA
Chartered Accountant
10 Park Lodge
Cheadle
Cheshire
SK8 1HU
23 January 2026
Riverside Homes Limited
Statement of comprehensive income
Year ended 30 June 2025

|  |  |  | 2025 |  | 2024 |  |
|  | Note |  | £ |  | £ |  |
Turnover |  |  |  | 29,176 |  | 28,538 |  |
Cost of sales |  |  |  | - |  | - |  |
Administrative expenses |  |  |  | ( 19,385) |  | ( 20,053) |  |
|  |  |  | _________ |  | _________ |  |
Operating profit |  |  |  | 9,791 |  | 8,485 |  |
Profit before taxation |  |  |  | 9,791 |  | 8,485 |  |
Tax on profit |  |  |  | - |  | ( 791) |  |
|  |  |  | _________ |  | _________ |  |
Profit for the financial year and total comprehensive income |  |  |  | 9,791 |  | 7,694 |  |
|  |  |  | _________ |  | _________ |  |

All the activities of the company are from continuing operations.
Riverside Homes Limited
Abridged statement of financial position
30 June 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Intangible assets |  | 4 | 100 |  |  |  | 100 |  |
Tangible assets |  | 5 | 645,605 |  |  |  | 632,500 |  |
Investments |  | 6 | 998 |  |  |  | 998 |  |
|  |  | _________ |  |  |  | _________ |  |
|  |  |  |  | 646,703 |  |  |  | 633,598
Current assets |  |  |  |  |  |  |  |  |
Debtors |  |  | 48,046 |  |  |  | 48,316 |  |
Investments |  | 7 | 1 |  |  |  | 1 |  |
Cash at bank and in hand |  |  | 134 |  |  |  | 106 |  |
|  |  | _________ |  |  |  | _________ |  |
|  |  | 48,181 |  |  |  | 48,423 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  |  | ( 351,163) |  |  |  | ( 359,191) |  |
|  |  | _________ |  |  |  | _________ |  |
Net current liabilities |  |  |  |  | ( 302,982) |  |  |  | ( 310,768)
|  |  |  |  | _________ |  |  |  | _________
Total assets less current liabilities |  |  |  |  | 343,721 |  |  |  | 322,830
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
after more than one year |  |  |  |  | ( 434,705) |  |  |  | ( 423,605)
|  |  |  |  | _________ |  |  |  | _________
Net liabilities |  |  |  |  | ( 90,984) |  |  |  | ( 100,775)
|  |  |  |  | _________ |  |  |  | _________
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 331,585 |  |  |  | 331,585
Revaluation reserve |  |  |  |  | 470,000 |  |  |  | 470,000
Profit and loss account |  |  |  |  | ( 892,569) |  |  |  | ( 902,360)
|  |  |  |  | _________ |  |  |  | _________
Shareholders deficit |  |  |  |  | ( 90,984) |  |  |  | ( 100,775)
|  |  |  |  | _________ |  |  |  | _________

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
All of the members have consented to the preparation of the abridged statement of financial position for the current year ending 30 June 2025 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the board of directors and authorised for issue on 23 January 2026 , and are signed on behalf of the board by:
Mr Mahendra Khimji Raja
Director
Company registration number: 01912265
Riverside Homes Limited
Statement of changes in equity
Year ended 30 June 2025

|  | Called up share capital |  | Revaluation reserve |  | Profit and loss account | Total |  |  |
|  | £ |  | £ |  | £ | £ |  |  |
At 1 July 2023 |  | 331,585 |  | 470,000 |  | ( 910,054) | ( 108,469) |  |  |
Profit for the year |  |  |  |  |  | 7,694 | 7,694 |  |  |
|  | _________ |  | _________ |  | _________ | _________ |  |  |
Total comprehensive income for the year |  | - |  | - |  | 7,694 | 7,694 |  |  |
|  | _________ |  | _________ |  | _________ | _________ |  |  |
At 30 June 2024 and 1 July 2024 |  | 331,585 |  | 470,000 |  | ( 902,360) | ( 100,775) |  |  |
Profit for the year |  |  |  |  |  | 9,791 | 9,791 |  |  |
|  | _________ |  | _________ |  | _________ | _________ |  |  |
Total comprehensive income for the year |  | - |  | - |  | 9,791 | 9,791 |  |  |
|  | _________ |  | _________ |  | _________ | _________ |  |  |
At 30 June 2025 |  | 331,585 |  | 470,000 |  | ( 892,569) | ( 90,984) |  |  |
|  | _________ |  | _________ |  | _________ | _________ |  |  |

Riverside Homes Limited
Notes to the financial statements
Year ended 30 June 2025
1. General information
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is Aknam, 56 Chorley New Road, Bolton, BL1 4AP.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Intangible assets

|  | £ |  |  |  |  |
| Cost |  |  |  |  |  |
| At 1 July 2024 and 30 June 2025 | 100 |  |  |  |  |
|  | _________ |  |  |  |  |
| Amortisation |  |  |  |  |  |
| At 1 July 2024 and 30 June 2025 | - |  |  |  |  |
|  | _________ |  |  |  |  |
| Carrying amount |  |  |  |  |  |
| At 30 June 2025 | 100 |  |  |  |  |
|  | _________ |  |  |  |  |
| At 30 June 2024 | 100 |  |  |  |  |
|  | _________ |  |  |  |  |

5. Tangible assets

|  | £ |  |  |  |  |  |
| Cost |  |  |  |  |  |  |
| At 1 July 2024 | 884,837 |  |  |  |  |  |
| Additions | 13,105 |  |  |  |  |  |
|  | _________ |  |  |  |  |  |
| At 30 June 2025 | 897,942 |  |  |  |  |  |
|  | _________ |  |  |  |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 July 2024 and 30 June 2025 | 252,337 |  |  |  |  |  |
|  | _________ |  |  |  |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 30 June 2025 | 645,605 |  |  |  |  |  |
|  | _________ |  |  |  |  |  |
| At 30 June 2024 | 632,500 |  |  |  |  |  |
|  | _________ |  |  |  |  |  |

6. Investments

|  | £ |  |  |  |  |
| Cost |  |  |  |  |  |
| At 1 July 2024 and 30 June 2025 | 998 |  |  |  |  |
|  | _________ |  |  |  |  |
| Impairment |  |  |  |  |  |
| At 1 July 2024 and 30 June 2025 | - |  |  |  |  |
|  | _________ |  |  |  |  |
| Carrying amount |  |  |  |  |  |
| At 30 June 2025 | 998 |  |  |  |  |
|  | _________ |  |  |  |  |
| At 30 June 2024 | 998 |  |  |  |  |
|  | _________ |  |  |  |  |

7. Investments

|  |  | 2025 | 2024
|  |  | £ | £
| Investments in group undertakings |  | 1 | 1
|  |  | _________ | _________

8. Directors advances, credits and guarantees

|  | Balance brought forward and o/standing | Balance brought forward and o/standing
|  | 2025 | 2024
|  | £ | £
| Mr Mahendra Khimji Raja | 36,288 | 36,558
|  | _________ | _________