Riviera Car Centre Limited - Filleted accounts

Registered number

06381711

Riviera Car Centre Limited

Unaudited Filleted Accounts

30 September 2025

Riviera Car Centre Limited
Registered number:		06381711
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		56,694			68,545

Current assets
Stocks		264,208			167,153
Debtors	4	25,279			61,555
Cash at bank and in hand		87,286			37,481
		376,773			266,189

Creditors: amounts falling due within one year	5	(151,481)			(111,898)

Net current assets			225,292			154,291

Total assets less current liabilities			281,986			222,836

Creditors: amounts falling due after more than one year	6		(18,015)			(26,675)

Provisions for liabilities			(6,807)			(7,289)


Net assets			257,164			188,872

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			256,164			187,872

Shareholders' funds			257,164			188,872

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs S Ricketts
Director
Approved by the board on 23 September 2026

Riviera Car Centre Limited
Notes to the Accounts
for the year ended 30 September 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £.

	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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			20% reducing balance
	Motor vehicles			20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors and creditors receivable/payable within one year
	Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss in other administrative expenses.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					6		7


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 October 2024			89,068		34,177		123,245
	Additions			2,387		-		2,387
	Disposals			(82)		-		(82)
	At 30 September 2025			91,373		34,177		125,550

	Depreciation
	At 1 October 2024			42,396		12,304		54,700
	Charge for the year			9,799		4,374		14,173
	On disposals			(17)		-		(17)
	At 30 September 2025			52,178		16,678		68,856

	Net book value
	At 30 September 2025			39,195		17,499		56,694
	At 30 September 2024			46,672		21,873		68,545


4	Debtors					2025		2024
£							£

	Trade debtors					14,769		-
	Other debtors					10,510		61,555
						25,279		61,555


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					8,303		10,717
	Obligations under finance lease and hire purchase contracts					1,116		946
	Trade creditors					16,306		23,624
	Taxation and social security costs					98,197		55,086
	Other creditors					27,559		21,525
						151,481		111,898


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		7,545
	Obligations under finance lease and hire purchase contracts					18,015		19,130
						18,015		26,675


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Director
	Interest paid at HMRC's official rate	21,235		32,406		(57,808)		(4,167)

	Director
	Interest paid at HMRC's official rate	21,235		32,405		(57,808)		(4,168)

		42,470		64,811		(115,616)		(8,335)


8	Other information

	Riviera Car Centre Limited is a private company limited by shares and incorporated in England. Its registered office is:

	391 Torquay Road
	Preston
	Paignton
	Devon
	TQ3 2DJ