Riverside Books Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04181542

Riverside Books Limited

Filleted Unaudited Financial Statements

31 March 2026

Riverside Books Limited

Financial Statements

Year ended 31 March 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Riverside Books Limited

Statement of Financial Position

31 March 2026

	2026		2025
			(restated)
Note	£	£	£	£

Fixed assets

Tangible assets	6		1,890,159		1,970,052

Current assets

Stocks		4,815,286	4,710,552
Debtors	7	1,334,279	1,254,156
Cash at bank and in hand		372,670	487,696
		------------	------------
		6,522,235	6,452,404

Creditors: amounts falling due within one year	8	579,993		962,820
		------------		------------
Net current assets			5,942,242		5,489,584
			------------		------------
Total assets less current liabilities			7,832,401		7,459,636
			------------		------------
Net assets			7,832,401		7,459,636
			------------		------------

Capital and reserves

Called up share capital	10	1,000	1,000
Profit and loss account		7,831,401	7,458,636
		------------	------------
Shareholders funds		7,832,401	7,459,636
		------------	------------

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 comprehensive income has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Riverside Books Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 18 September 2026 , and are signed on behalf of the board by:

Mr D K Gilliver

Director

Company registration number: 04181542

Riverside Books Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW.

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 and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

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.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	Over 20 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

Leasehold property	-	Over term of lease
Plant & machinery	-	20% - 25% Reducing balance
Motor vehicles	-	25% Reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 17 (2025: 18 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 April 2025 (as restated)	497,000
Additions	–
Disposals	( 497,000)
	---------
At 31 March 2026	–
	---------
Amortisation
At 1 April 2025	497,000
Charge for the year	–
Disposals	( 497,000)
	---------
At 31 March 2026	–
	---------
Carrying amount
At 31 March 2026	–
	---------
At 31 March 2025	–
	---------

6. Tangible assets

	Investment property	Long leasehold property	Plant and machinery	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 April 2025 (as restated) and 31 March 2026	1,734,373	368,363	156,654	287,648	2,547,038
	------------	---------	---------	---------	------------
Depreciation
At 1 April 2025	–	308,224	124,539	144,223	576,986
Charge for the year	–	38,032	6,004	35,857	79,893
	------------	---------	---------	---------	------------
At 31 March 2026	–	346,256	130,543	180,080	656,879
	------------	---------	---------	---------	------------
Carrying amount
At 31 March 2026	1,734,373	22,107	26,111	107,568	1,890,159
	------------	---------	---------	---------	------------
At 31 March 2025	1,734,373	60,139	32,115	143,425	1,970,052
	------------	---------	---------	---------	------------

The investment property was valued at fair value by the directors of the company at the balance sheet date.

7. Debtors

	2026	2025
		(restated)
	£	£
Trade debtors	1,237,407	1,166,045
Prepayments and accrued income	62,967	61,441
Directors loan account	8,686	–
Other debtors	25,219	26,670
	------------	------------
	1,334,279	1,254,156
	------------	------------

8. Creditors: amounts falling due within one year

	2026	2025
		(restated)
	£	£
Trade creditors	335,042	561,541
Accruals and deferred income	8,150	7,750
Corporation tax	208,306	351,837
Director loan accounts	–	17,205
Other taxes and social security	11,592	8,132
Other creditors	16,903	16,355
	---------	---------
	579,993	962,820
	---------	---------

9. Prior period errors

The comparative figures have been restated to reclassify the freehold property as an investment property and unwind the depreciation charged up to 31 March 2025. As a result, fixed assets have increased by £141,638. The brought forward profit and loss reserve as at 1 April 2025 increased by £141,638.

10. Called up share capital

Issued, called up and fully paid

	2026		2025
			(restated)
	No.	£	No.	£
Ordinary shares of £ 1 each	500	500	500	500
A Ordinary Non Voting shares of £ 1 each	500	500	500	500
	-------	-------	-------	-------
	1,000	1,000	1,000	1,000
	-------	-------	-------	-------

11. Directors' advances, credits and guarantees

At the balance sheet date the director owed the company £8,686 (2025: £17,205 was owed to the director) in the form of a loan account. This loan, which is shown amongst debtors, is interest free and repayable on demand. The maximum amount owed to the company during the year was £8,686.

12. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value
	2026	2025
	£	£
Related undertakings	110,625	80,000
	---------	--------

13. Controlling party

The ultimate controlling undertaking is Riverside Books Trustee Limited, a company incorporate in England and Wales. The registered office address is 146 New London Road, Chelmsford, Essex, CM2 0AW.