Company No: 04552486 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Mr M H P Allweis
	Mr J Allweis

SECRETARY

Mr M H P Allweis

REGISTERED OFFICE	7 Montpellier Mews
	Salford
	Manchester
	M7 4ZW
	United Kingdom

COMPANY NUMBER

04552486 (England and Wales)

ACCOUNTANT	AAB
	Carlyle House
	78 Chorley New Road
	Bolton

	Note	2025		2024
		£		£
Fixed assets
Investment property	3	1,400,000		1,400,000
		1,400,000		1,400,000
Creditors: amounts falling due within one year	4	( 32,379)		( 34,901)
Net current liabilities		(32,379)		(34,901)
Total assets less current liabilities		1,367,621		1,365,099
Creditors: amounts falling due after more than one year	5	( 611,202)		( 611,202)
Provision for liabilities	6	( 64,163)		( 64,163)
Net assets		692,256		689,734
Capital and reserves
Called-up share capital	7	2		2
Profit and loss account		692,254		689,732
Total shareholders' funds		692,256		689,734

For the financial year ending 31 October 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Riverfern Building Ltd (registered number: 04552486) were approved and authorised for issue by the Board of Directors on 03 July 2026. They were signed on its behalf by:

Mr M H P Allweis Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Riverfern Building Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 7 Montpellier Mews, Salford, Manchester, M7 4ZW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Investment property

	Investment property
	£
Valuation
As at 01 November 2024	1,400,000
As at 31 October 2025	1,400,000

Valuation

Investment property comprises the properties known as 23, 23A, 23B, 23C and 23D Woodhead Road, Holmfirth, West Yorkshire, HD9 2JU. The fair value of the investment properties has been arrived at on the basis of a valuation carried out on 31 October 2024 by the company directors and it is not considered to have significantly changed since that date. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2025		2024
	£		£
Historic cost	780,252		780,252

4. Creditors: amounts falling due within one year

	2025		2024
	£		£
Amounts owed to directors	31,299		33,971
Accruals	1,080		930
	32,379		34,901

5. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	611,202		611,202

The bank loan above is secured by way of legal mortgage over the investment property owned by the company.

6. Provision for liabilities

	2025		2024
	£		£
Deferred tax	64,163		64,163

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each	2		2