Registration number: 06968918

Riverbed Estates Ltd

Company Information

Directors

A McKechnie E Hanlon

Company secretary

J McKechnie

Registered office

10 Grange Road West Kirby Wirral United Kingdom CH48 4HA

Riverbed Estates Ltd

(Registration number: 06968918)
Balance Sheet as at 31 July 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	359	402
Investment property	5	1,576,819	1,352,141
		1,577,178	1,352,543
Current assets
Debtors	6	268	1,583
Cash at bank and in hand		3,521	6,570
		3,789	8,153
Creditors: Amounts falling due within one year	7	(22,162)	(22,303)
Net current liabilities		(18,373)	(14,150)
Total assets less current liabilities		1,558,805	1,338,393
Creditors: Amounts falling due after more than one year	7	(365,679)	(435,348)
Provisions for liabilities		(162,148)	(106,072)
Net assets		1,030,978	796,973
Capital and reserves
Called up share capital	8	2	2
Retained earnings		1,030,976	796,971
Shareholders' funds		1,030,978	796,973

For the financial year ending 31 July 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 28 October 2026 and signed on its behalf by:
 

......................................... A McKechnie Director

Riverbed Estates Ltd

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

1	General information

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

The address of its registered office is:
10 Grange Road
West Kirby
Wirral
CH48 4HA
United Kingdom

These financial statements were authorised for issue by the Board on 28 October 2026.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and 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 and deferred 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.

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.

Riverbed Estates Ltd

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Riverbed Estates Ltd

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

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.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2025 - 0).

Riverbed Estates Ltd

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

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 August 2025	1,392	1,392
Additions	599	599
Disposals	(1,392)	(1,392)
At 31 July 2026	599	599
Depreciation
At 1 August 2025	990	990
Charge for the year	240	240
Eliminated on disposal	(990)	(990)
At 31 July 2026	240	240
Carrying amount
At 31 July 2026	359	359
At 31 July 2025	402	402

5	Investment properties

	2026 £
At 1 August	1,352,141
Fair value adjustments	224,678
At 31 July	1,576,819

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

6

Debtors

Current	2026 £	2025 £
Prepayments	268	1,583
	268	1,583

Riverbed Estates Ltd

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

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	98	-
Taxation and social security	18,539	18,803
Accruals and deferred income	925	900
Other creditors	2,600	2,600
	22,162	22,303

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	365,679	435,348

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary Shares of £1 each	2	2	2	2

Riverbed Estates Ltd

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

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Other borrowings	365,679	435,348

10	Related party transactions

Included in Other borrowings at 31 July 2026 are loans of £365,679 (2025: £435,348) received from a close family member of a director. The loans are interest free and are repayable at the company’s discretion as its cashflows permit.

11	Provisions for liabilities

	Deferred tax £	Total £
At 1 August 2025	106,072	106,072
Additional provisions	56,076	56,076
At 31 July 2026	162,148	162,148