ACCOUNTS - Final Accounts preparation

Registered number: 11128244

RIVER CAPITAL PROPERTIES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2026

RIVER CAPITAL PROPERTIES LIMITED

REGISTERED NUMBER: 11128244

BALANCE SHEET

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		927		1,130
			927		1,130
Current assets
Debtors: amounts falling due within one year	5	26,931		26,000
Cash at bank and in hand	6	2,281		1,663
		29,212		27,663
Creditors: amounts falling due within one year	7	(38,251)		(41,561)
Net current liabilities			(9,039)		(13,898)
Total assets less current liabilities			(8,112)		(12,768)

Net liabilities			(8,112)		(12,768)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(8,212)	(12,868)
	(8,112)	(12,768)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 October 2026.

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RIVER CAPITAL PROPERTIES LIMITED

REGISTERED NUMBER: 11128244

BALANCE SHEET (CONTINUED)

AS AT 31 JANUARY 2026

Razak Hussain

Director

The notes on pages 3 to 7 form part of these financial statements.

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RIVER CAPITAL PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

River Capital Properties Limited is a company limited by shares incorporated in England within the United Kingdom, having a registration of 11128244. The address of the registered office is 13 Amethyst Road, Newcastle Business Park, Newcastle Upon Tyne, England, NE4 7YL. The principal activity of the company in the year under review was that of the unlicensed restaurants and cafes.

The financial statements are presented in sterling which is functional currency of the company and rounded to the nearest £.

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

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements has been prepared on a going concern basis which assumes that the
company will continue to receive support from creditors and the director as and when required.

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RIVER CAPITAL PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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RIVER CAPITAL PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

15%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2025 - 1).

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RIVER CAPITAL PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

4.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 February 2025	2,500
	At 31 January 2026	2,500
	Depreciation
	At 1 February 2025	1,370
	Charge for the year on owned assets	203
	At 31 January 2026	1,573
	Net book value
	At 31 January 2026	927
	At 31 January 2025	1,130

Debtors

					2026	2025
					£	£


Other debtors	26,931	26,000
	26,931	26,000

6.	Cash and cash equivalents
		2026	2025
		£	£

Cash at bank and in hand	2,281	1,663
	2,281	1,663

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RIVER CAPITAL PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

7.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Other loans	22,672	27,320
Other creditors	13,579	13,241
Accruals and deferred income	2,000	1,000
	38,251	41,561

Related party transactions

Razak Hussain is the sole director and shareholder of River Capital Properties Limited.

During the year, the company provided loans of £5,808 to the director. As at the balance sheet the company owed the director £931 (2025: £4,877Cr) which is included in other debtors due within one year.

The above amounts are repayable by the company on demand and therefore there is no significant difference between the value of the original loan amount and the initial carrying value of the loan as shown in the balance sheet.

9.	Controlling party

During the year, the company was controlled by Mr Razak Hussain, who is the 100% sole shareholder and a director of the company, as well as Pamela McGorie, who is also a director of the company.

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