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Registered number: 11127972
V Rivers Ltd
Financial Statements
For The Year Ended 31 December 2025
C K R
Chartered Certified Accountants
CKR House
70 East Hill
Dartford
Kent
DA1 1RZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11127972
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 17,197 21,580
17,197 21,580
CURRENT ASSETS
Debtors 5 26,815 17,087
Cash at bank and in hand 264,719 203,788
291,534 220,875
Creditors: Amounts Falling Due Within One Year 6 (118,987 ) (116,071 )
NET CURRENT ASSETS (LIABILITIES) 172,547 104,804
TOTAL ASSETS LESS CURRENT LIABILITIES 189,744 126,384
NET ASSETS 189,744 126,384
CAPITAL AND RESERVES
Called up share capital 7 4 4
Profit and Loss Account 189,740 126,380
SHAREHOLDERS' FUNDS 189,744 126,384
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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 Profit and Loss Account.
On behalf of the board
Mr Baldeep Dharni
Director
19 August 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
V Rivers Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11127972 . The registered office is CKR House, 70 East Hill, Datford, Kent, DA1 1RZ.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 3,453 59,345 3,835 66,633
Additions 1,133 - 216 1,349
As at 31 December 2025 4,586 59,345 4,051 67,982
Depreciation
As at 1 January 2025 2,760 40,117 2,176 45,053
Provided during the period 456 4,807 469 5,732
As at 31 December 2025 3,216 44,924 2,645 50,785
Net Book Value
As at 31 December 2025 1,370 14,421 1,406 17,197
As at 1 January 2025 693 19,228 1,659 21,580
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 26,815 15,910
Prepayments and accrued income - 1,177
26,815 17,087
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,478 338
Corporation tax 34,040 34,479
Other taxes and social security 205 -
VAT 13,787 7,425
Credit cards 461 11,819
Accruals and deferred income 2,583 3,180
Director's loan account 66,433 58,830
118,987 116,071
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4 4
Page 4
Page 5
8. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 41,174 41,174
Page 5