Company registration number: 13673167

For the financial year ended 31 October 2026

Registered in England and Wales

Individual company financial statements

FRS 102 Section 1A - Small Entities

River World Limited

COMPANY INFORMATION

River World Limited

CONTENTS

These are the individual financial statements of River World Limited. Comparative figures relate to the year ended 31 October 2025 and are presented as restated.

The business review is included voluntarily. The financial statements have been prepared under the small companies regime.

River World Limited

BUSINESS REVIEW

For the financial year ended 31 October 2026

Business and activities

River World Limited undertakes commercial project and procurement management, central administration and development coordination in the leisure and entertainment sector. It also holds an investment in its wholly owned subsidiary, Mirai Ventures Limited.

Group structure

River World Limited owns 100% of Mirai Ventures Limited, company number 16436746. The investment is carried at an aggregate cost of £3,605,606.00. These statements present the parent company individually; the separate assets, liabilities and results of the subsidiary are not consolidated.

Development during the year

The company delivered commercial procurement, design and project coordination services during the year. Revenue of £1,786,029.00 relates to four completed service contracts. Separately, the company invested £1,405,305.20 in its own first-store fit-out, which is expected to be available for intended use in March 2027.

Financial performance and position

Funding

Capital contributions during the year totalled £10,560,601.94, including £1,505,305.20 received on 30 October 2026. The closing capital contribution reserve is £11,700,421.94. These contributions are classified as non-repayable equity and are excluded from turnover. No new shares were allotted during the year.

Future development

The company plans to bring its first-store improvements into operational use in March 2027. The director monitors project expenditure, available funding and investment recoverability as part of the development programme.

River World Limited

DIRECTORS' REPORT

For the financial year ended 31 October 2026

Report and reporting period

The director presents the annual report and financial statements of River World Limited for the financial year from 1 November 2025 to 31 October 2026.

Principal activities

Results and dividends

Profit for the financial year was £1,202,624.63 (2025: loss of £412,626.78). No dividend is proposed.

Director

Martin Ng served as director during the financial year.

Employees

The average monthly number of persons employed, including the director, was 14 (2025: 6). Staff costs were £736,950.00 (2025: £364,062.50).

Going concern

The financial statements are prepared on a going concern basis. The director considers the available cash resources and capital funding in relation to the company's expenditure and development plans when assessing the ability to meet obligations as they fall due.

Small companies regime

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The company claims exemption from audit under section 477 of the Companies Act 2006.

Approved by the Board on:

Signed on behalf of the Board:

_____________________________

Martin Ng

Director

River World Limited

STATEMENT OF DIRECTORS' RESPONSIBILITIES

For the financial year ended 31 October 2026

The director is responsible for preparing the annual report and financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Company law requires the director to prepare financial statements for each financial year. The director must not approve the financial statements unless satisfied that they give a true and fair view of the state of affairs of the company and of its profit or loss for that period.

In preparing the financial statements, the director is required to:

The director is responsible for keeping adequate accounting records sufficient to show and explain the company's transactions, disclose with reasonable accuracy its financial position and enable compliance with the Companies Act 2006.

The director is also responsible for safeguarding the assets of the company and taking reasonable steps for the prevention and detection of fraud and other irregularities.

Confirmed and acknowledged by:

_______________________________

Martin Ng

Director

Date: 3 November 2026

River World Limited

PROFIT AND LOSS ACCOUNT

For the financial year ended 31 October 2026

The notes on pages 10-16 form part of these financial statements.

River World Limited

BALANCE SHEET

As at 31 October 2026

For the year ended 31 October 2026, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476.

The director acknowledges responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on:

Signed on behalf of the Board:

________________________________

Martin Ng

Director

River World Limited

STATEMENT OF CHANGES IN EQUITY

For the financial year ended 31 October 2026

Share capital

Capital contribution reserve

Profit and loss account

River World Limited

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2026

1.     General information

River World Limited is a private company limited by shares, incorporated in England and Wales on 12 October 2021. Its company registration number is 13673167 and its registered office is 128 City Road, London, EC1V 2NX. These financial statements relate to the individual company.

2.     Accounting policies

2.1     Basis of preparation

The financial statements have been prepared under the historical cost convention, in accordance with FRS 102 Section 1A, Small Entities, and the Companies Act 2006. The presentation and functional currency is pounds sterling. Amounts are stated to two decimal places.

The accounting period commenced on 1 November 2025. The 2024 periodic-review amendments to FRS 102 have not been early adopted. The comparative figures for the year ended 31 October 2025 are restated as explained in note 17.

2.2     Group accounts and going concern

Judgements and estimation

Revenue and capital expenditure

River World Limited

NOTES TO THE FINANCIAL STATEMENTS

Accounting policies (continued)

2.3     Turnover

2.4     Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and impairment. Directly attributable expenditure on the first-store fit-out is capitalised. Depreciation begins when an asset is available for its intended use.

Depreciation is calculated on a straight-line basis over the depreciable amount. Useful lives, residual values and impairment indicators are reviewed at each reporting date. The new store improvements are expected to be available for intended use in March 2027; no depreciation has been charged on them in 2026.

2.5     Investments and finance income

Investments in subsidiaries are carried at cost less impairment. Interest income is recognised on an accruals basis using the effective interest method.

2.6     Taxation

2.7     Leases, deposits and cash

2.8     Capital contributions

River World Limited

NOTES TO THE FINANCIAL STATEMENTS

Notes 3-4: turnover, cost of sales and administrative expenses

3.     Turnover

3.1     Cost of sales

The direct costs were incurred and paid during the year. They are separate from the own-store improvements capitalised in note 8 and from other administrative expenses.

4.     Administrative expenses

River World Limited

NOTES TO THE FINANCIAL STATEMENTS

Notes 5-6: employees and finance income

5.     Employees and staff costs

Employee pension deductions and PAYE withheld from gross pay are not additional employer staff costs.

6.     Finance income

River World Limited

NOTES TO THE FINANCIAL STATEMENTS

Note 7: taxation

7.     Taxation

Deferred tax

River World Limited

NOTES TO THE FINANCIAL STATEMENTS

Notes 8-11: assets, investments, debtors and cash

8.     Tangible fixed assets

9.     Investments

The investment represents the cost of the interest in Mirai Ventures Limited, incorporated in England and Wales. The company holds 100% of its ordinary voting shares. No impairment charge is included in the supplied accounts.

10.     Debtors due after more than one year

11.     Cash at bank and bank deposits

The aggregate closing balance is £7,422,115.37. It incorporates the additional capital contribution received on 30 October 2026 and the separately reported fit-out, administration and direct-cost payments.

River World Limited

NOTES TO THE FINANCIAL STATEMENTS

Notes 12-17: liabilities, equity and other matters

12.     Creditors and provisions

13.     Called-up share capital

Allotted, called up and fully paid share capital is £1.00 (2025: £1.00), comprising 100,000 ordinary shares of £0.00001 each. The ordinary shares have equal voting, dividend and distribution rights.

14.     Reserves

15.     Operating lease commitments

The office lease commitments above reflect annual rental of £42,000 and an exercisable three-month termination notice without penalty. The scheduled lease expiry is December 2031. These figures relate to the office lease disclosed in the supplied schedule.

16.     Related parties and control

17.     Comparative restatement

The 2025 comparative figures reflect the revised accounts: cash £660,360.00, tangible fixed assets £36,834.22 and refundable lease deposit £30,000.00. Net assets are £727,194.22 and the loss for that year is £412,626.78, including £1.00 of sundry administration. The revised comparative corrects the earlier omission of equipment and the refundable lease deposit.