REGISTERED NUMBER: 07446082 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 NOVEMBER 2025

FOR

RIVIERA DECKING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Hayes

Mrs E Hayes

REGISTERED OFFICE:

Unit 4, Oak Tree Business Park

Austin Close

Kingskerswell

Devon

TQ12 5GJ

REGISTERED NUMBER:

07446082 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

Barclays Bank Plc

40 Courtenay Street

Newton Abbot

Devon

TQ12 2EA

FIXED ASSETS

Tangible assets

4

4,026

7,615

CURRENT ASSETS

Stocks

5

349,666

386,644

Debtors

6

38,465

78,145

Cash at bank

3,965

12,396

392,096

477,185

CREDITORS

Amounts falling due within one year

7

389,247

448,438

NET CURRENT ASSETS

2,849

28,747

TOTAL ASSETS LESS CURRENT LIABILITIES

6,875

36,362

PROVISIONS FOR LIABILITIES

765

1,685

NET ASSETS

6,110

34,677

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

6,010

34,577

SHAREHOLDERS' FUNDS

6,110

34,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2026 and were signed on its behalf by:

Mr D Hayes - Director

Mrs E Hayes - Director

1.	STATUTORY INFORMATION

Riviera Decking Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 30 November 2024

4,038

2,266

45,710

1,305

53,319

Disposals

-

-

(17,968

)

-

(17,968

)

At 29 November 2025

4,038

2,266

27,742

1,305

35,351

DEPRECIATION

At 30 November 2024

3,255

1,540

39,607

1,302

45,704

Charge for year

156

109

926

-

1,191

Eliminated on disposal

-

-

(15,570

)

-

(15,570

)

At 29 November 2025

3,411

1,649

24,963

1,302

31,325

NET BOOK VALUE

At 29 November 2025

627

617

2,779

3

4,026

At 29 November 2024

783

726

6,103

3

7,615

5.

STOCKS

2025

2024

£

£

Stocks

10,000

10,000

Work-in-progress

339,666

376,644

349,666

386,644

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

20,402

13,787

Other debtors

180

-

Directors' current accounts

11,939

55,886

Tax

5,944

5,944

Prepayments

-

2,528

38,465

78,145

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

7,397

33,754

Amounts owed to group undertakings

365,557

379,937

Tax

7,243

7,919

Social security and other taxes

1,008

736

VAT

5,482

2,347

Other creditors

-

21,289

Accrued expenses

2,560

2,456

389,247

448,438

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 November 2025 and 29 November 2024:

2025

2024

£

£

Mr D Hayes and Mrs E Hayes

Balance outstanding at start of year

55,886

70,116

Amounts advanced

12,803

64,521

Amounts repaid

(56,750

)

(78,751

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

11,939

55,886

Loans are unsecured, interest free and repayable on demand.

The Director, Mr D Hayes, has given a personal guarantee in respect of the company's overdraft facility of £16,000.

9.	RELATED PARTY DISCLOSURES

The company owed £365,557 to Hydropool Devon Limited, a company owned and controlled by Mr D & Mrs E Hayes (2024 owed to Hydropool Devon Limited - £379,937), a company owned and controlled by the Directors.