Company No: 11906107 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	16,210		22,244
		16,210		22,244
Current assets
Debtors	4	6,420		5,459
Cash at bank and in hand		4,375		11,293
		10,795		16,752
Creditors: amounts falling due within one year	5, 7	( 8,379)		( 16,781)
Net current assets/(liabilities)		2,416		(29)
Total assets less current liabilities		18,626		22,215
Provision for liabilities		( 1,908)		( 2,589)
Net assets		16,718		19,626
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		16,618		19,526
Total shareholders' funds		16,718		19,626

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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Henley River Boats Ltd (registered number: 11906107) were approved and authorised for issue by the Board of Directors on 02 November 2026. They were signed on its behalf by:

Mr A L H Jones Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Henley River Boats Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Watersmeet Mill Lane, Shiplake, Henley-On-Thames, RG9 3LY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

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

Foreign currency

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, adjusted for income received in advance. Income from the provision of services is normally recognised upon the completion of provision of the service to the customer.

Taxation

Current tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	6 - 20 years straight line
Fixtures and fittings	4 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		6

3. Tangible assets

	Plant and machinery		Fixtures and fittings		Total
	£		£		£
Cost
At 01 April 2025	30,375		15,148		45,523
Disposals	0		( 2,352)		( 2,352)
At 31 March 2026	30,375		12,796		43,171
Accumulated depreciation
At 01 April 2025	13,758		9,521		23,279
Charge for the financial year	2,556		2,302		4,858
Disposals	0		( 1,176)		( 1,176)
At 31 March 2026	16,314		10,647		26,961
Net book value
At 31 March 2026	14,061		2,149		16,210
At 31 March 2025	16,617		5,627		22,244

4. Debtors

	2026		2025
	£		£
Corporation tax	0		815
Other debtors	6,420		4,644
	6,420		5,459

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Other taxation and social security	50		0
Other creditors	8,329		16,781
	8,379		16,781

6. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

7. Directors' benefits: advances, credits and guarantees

Mr S C Evans

	2026		2025
	£		£
Opening balance	0		0
Advanced	1,061		0
Repaid	0		0
	1,061		0

The above loan is unsecured and interest free.