River Valley Technologies Limited - Accounts to registrar (filleted) - small 18.2

River Valley Technologies Limited - Accounts to registrar (filleted) - small 18.2

RIVER VALLEY TECHNOLOGIES LIMITED - Company Information

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REGISTERED NUMBER: 05219729 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2021

FOR

RIVER VALLEY TECHNOLOGIES LIMITED
RIVER VALLEY TECHNOLOGIES LIMITED (REGISTERED NUMBER: 05219729)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RIVER VALLEY TECHNOLOGIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2021







DIRECTOR: Ms M Bazargan





SECRETARY: Ms C M Smith





REGISTERED OFFICE: 5 Giffard Court
Millbrook Close
Northampton
NN5 5JF





REGISTERED NUMBER: 05219729 (England and Wales)





ACCOUNTANTS: Cube Partners Limited
Chartered Accountants
5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF
Page 1
RIVER VALLEY TECHNOLOGIES LIMITED (REGISTERED NUMBER: 05219729)

BALANCE SHEET
30 SEPTEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,032 750
Investments 6 1,049 1,049
2,081 1,799

CURRENT ASSETS
Debtors 7 710,819 417,497
Cash at bank and in hand 1,089,377 1,089,150
1,800,196 1,506,647
CREDITORS
Amounts falling due within one year 8 158,015 101,453
NET CURRENT ASSETS 1,642,181 1,405,194
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,644,262
1,406,993

PROVISIONS FOR LIABILITIES 196 -
NET ASSETS 1,644,066 1,406,993

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,643,966 1,406,893
SHAREHOLDERS' FUNDS 1,644,066 1,406,993

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 May 2022 and were signed by:





Ms M Bazargan - Director


The notes form part of these financial statements

Page 2
RIVER VALLEY TECHNOLOGIES LIMITED (REGISTERED NUMBER: 05219729)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021

1. STATUTORY INFORMATION

River Valley Technologies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about River Valley Technologies Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents revenue recognised by the company in respect of goods and services supplied
during the year, exclusive of value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2020
and 30 September 2021 480,000
AMORTISATION
At 1 October 2020
and 30 September 2021 480,000
NET BOOK VALUE
At 30 September 2021 -
At 30 September 2020 -

Page 3 continued...
RIVER VALLEY TECHNOLOGIES LIMITED (REGISTERED NUMBER: 05219729)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2021

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2020 1,832
Additions 566
At 30 September 2021 2,398
DEPRECIATION
At 1 October 2020 1,082
Charge for year 284
At 30 September 2021 1,366
NET BOOK VALUE
At 30 September 2021 1,032
At 30 September 2020 750

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2020
and 30 September 2021 1,049
NET BOOK VALUE
At 30 September 2021 1,049
At 30 September 2020 1,049

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 17,931 85,100
Amounts owed by group undertakings 73,449 73,449
Other debtors 619,439 258,948
710,819 417,497

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 44,848 31,929
Taxation and social security 63,357 26,639
Other creditors 49,810 42,885
158,015 101,453

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the directors owed £95,671 (2021 - £nil) to the company. Interest has been charged on the loan at the HMRC official rate. The loan was repaid withing 9 months of the year end.

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