Company Registration No. 08059413 (England and Wales)
Riverside Bifolds Limited
Unaudited accounts
for the year ended 31 March 2026
Riverside Bifolds Limited
Unaudited accounts
Contents
Riverside Bifolds Limited
Company Information
for the year ended 31 March 2026
Director
Aaron Roy Moroney
Company Number
08059413 (England and Wales)
Registered Office
Riverside Bifolds Ltd
Unit 5
Yeoman Industrial Park, Test Lane
Southampton
Hampshire
SO16 9JX
England
Accountants
Zoey Mills
5 Wycliffe Road
Southampton
Hampshire
SO18 2BY
Riverside Bifolds Limited
Statement of financial position
as at 31 March 2026
Tangible assets
376,996
338,256
Cash at bank and in hand
177,099
179,596
Creditors: amounts falling due within one year
(180,174)
(159,155)
Net current assets
184,278
152,703
Total assets less current liabilities
561,274
490,959
Creditors: amounts falling due after more than one year
(88,317)
(49,738)
Provisions for liabilities
Deferred tax
(13,646)
(9,306)
Net assets
459,311
431,915
Called up share capital
10
10
Capital redemption reserve
1
1
Profit and loss account
459,300
431,904
Shareholders' funds
459,311
431,915
For the year ending 31 March 2026 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 director acknowledges his 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 and authorised for issue on 29 May 2026 and were signed on its behalf by
Aaron Roy Moroney
Director
Company Registration No. 08059413
Riverside Bifolds Limited
Notes to the Accounts
for the year ended 31 March 2026
Riverside Bifolds Limited is a private company, limited by shares, registered in England and Wales, registration number 08059413. The registered office is Riverside Bifolds Ltd, Unit 5, Yeoman Industrial Park, Test Lane, Southampton, Hampshire, SO16 9JX, England.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
4% Straight Line
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Riverside Bifolds Limited
Notes to the Accounts
for the year ended 31 March 2026
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The financial statements have been prepared on a going concern
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2025
92,032
191,094
69,043
139,257
12,161
503,587
Additions
-
2,050
69,143
7,350
1,295
79,838
Disposals
-
(3,308)
(20,650)
-
-
(23,958)
At 31 March 2026
92,032
189,836
117,536
146,607
13,456
559,467
At 1 April 2025
-
110,826
32,625
14,018
7,862
165,331
Charge for the year
-
20,491
12,176
5,760
1,112
39,539
On disposals
-
(2,654)
(19,745)
-
-
(22,399)
At 31 March 2026
-
128,663
25,056
19,778
8,974
182,471
At 31 March 2026
92,032
61,173
92,480
126,829
4,482
376,996
At 31 March 2025
92,032
80,268
36,418
125,239
4,299
338,256
Amounts falling due within one year
Trade debtors
123,175
64,722
Accrued income and prepayments
4,240
5,640
Riverside Bifolds Limited
Notes to the Accounts
for the year ended 31 March 2026
6
Creditors: amounts falling due within one year
2026
2025
Trade creditors
140,328
108,373
Taxes and social security
14,713
12,835
Other creditors
513
15,189
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
88,317
49,738
8
Average number of employees
During the year the average number of employees was 6 (2025: 6).