Riley Construction Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13096856

RILEY CONSTRUCTION LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 December 2025

RILEY CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		85,960		55,895

Current assets

Debtors	6	29,193	94,437
Cash at bank and in hand		131,941	188,258
		----------	----------
		161,134	282,695

Creditors: amounts falling due within one year	7	86,068		174,535
		----------		----------
Net current assets			75,066		108,160
			----------		----------
Total assets less current liabilities			161,026		164,055

Creditors: amounts falling due after more than one year	8		4,114		1,750

Provisions	9	21,489	13,974
		----------	----------
Net assets		135,423	148,331
		----------	----------

Capital and reserves

Called up share capital	11	1	1
Profit and loss account		135,422	148,330
		----------	----------
Shareholder funds		135,423	148,331
		----------	----------

These financial statements have been prepared and delivered 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'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31st December 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 member has 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

RILEY CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 1 September 2026 , and are signed on behalf of the board by:

N.J. Riley
Director

Company registration number: 13096856

RILEY CONSTRUCTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31st DECEMBER 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Brookside, Antlands Lane, Horley, Surrey, RH6 9TE.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

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:

Plant and machinery	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	25% reducing balance

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the entity 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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 2 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1st January 2025	35,624	56,825	3,420	95,869
Additions	43,413	10,898	–	54,311
	---------	---------	-------	----------
At 31st December 2025	79,037	67,723	3,420	150,180
	---------	---------	-------	----------
Depreciation
At 1st January 2025	9,673	29,019	1,282	39,974
Charge for the year	14,416	9,296	534	24,246
	---------	---------	-------	----------
At 31st December 2025	24,089	38,315	1,816	64,220
	---------	---------	-------	----------
Carrying amount
At 31st December 2025	54,948	29,408	1,604	85,960
	---------	---------	-------	----------
At 31st December 2024	25,951	27,806	2,138	55,895
	---------	---------	-------	----------

6. Debtors

	2025	2024
	£	£
Trade debtors	25,863	27,431
Other debtors	3,330	67,006
	---------	---------
	29,193	94,437
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans	1,750	4,200
Trade creditors	43,500	16,703
Corporation tax	323	28,730
Social security and other taxes	31,742	40,799
Other creditors	8,753	84,103
	---------	----------
	86,068	174,535
	---------	----------

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

	2025	2024
	£	£
Bank loans	–	1,750
Other creditors	4,114	–
	-------	-------
	4,114	1,750
	-------	-------

9. Provisions

	Deferred tax (note 10)
	£
At 1st January 2025	13,974
Additions	7,515
	---------
At 31st December 2025	21,489
	---------

10. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions (note 9)	21,489	13,974
	---------	---------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	21,489	13,974
	---------	---------

11. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1	1	1	1
	----	----	----	----