Registration number: 03641621

Riverbreeze Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Riverbreeze Limited

Company Information

Directors

Mr KH Vinda Mrs NK Vinda

Company secretary

Michaelides Warner & Co Limited

Registered office

61 Greenford Gardens Greenford London Middx UB6 9NA

Accountants

Michaelides Warner & Co 102 Fulham Palace Road London W6 9PL

Riverbreeze Limited

(Registration number: 03641621)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Investment property	4	680,000	680,000
Current assets
Cash at bank and in hand		62,128	32,389
Creditors: Amounts falling due within one year	5	(213,452)	(207,029)
Net current liabilities		(151,324)	(174,640)
Total assets less current liabilities		528,676	505,360
Creditors: Amounts falling due after more than one year	5	(47,431)	(59,579)
Provisions for liabilities		(37,003)	(37,003)
Net assets		444,242	408,778
Capital and reserves
Called up share capital	6	10	10
Other reserves		157,750	157,750
Retained earnings		286,482	251,018
Shareholders' funds		444,242	408,778

For the financial [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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 September 2026 and signed on its behalf by:
 

......................................... Mr KH Vinda Director

Riverbreeze Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
61 Greenford Gardens
Greenford
London
Middx
UB6 9NA

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Judgements

The directors consider that there are no key judgements that management have made in the process of applying the company’s accounting policies and that may have had a significant effect on the amounts recognised in the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Riverbreeze Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Riverbreeze Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Financial instruments

Classification
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like investments, trade and other receivables, cash and bank balances, trade and other creditors.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or cash consolidation expected to be paid or received.

 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 3).

4	Investment properties

	2026 £
At 1 April	680,000
At 31 March	680,000

The historical cost of the investment property is £485,247 and the fair value is £680,000.
 

There has been no valuation of investment property by an independent valuer.

Riverbreeze Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	7	16,300	16,300
Trade creditors		600	338
Taxation and social security		8,436	6,748
Accruals and deferred income		3,429	-
Other creditors		184,687	183,643
		213,452	207,029

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	7	47,431	59,579

The bank borrowings are secured on the companies investment properties.

6	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	10	10	10	10

Riverbreeze Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

7	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	47,431	59,579

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	16,300	16,300

8	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2026 £	2025 £
Not later than one year	30,000	30,000
Later than one year and not later than five years	47,500	77,500
	77,500	107,500

The amount of non-cancellable operating lease payments recognised as an expense during the year was £30,000 (2025 - £30,000).

9	Related party transactions

Included in other creditors is an amount owing to a director of £168,187 (2025: £167,144).