Riverflat Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05040624 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 28 February 2014

for

Riverflat Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

H R Akhavan

SECRETARY:

REGISTERED OFFICE:

Unit 10, The Plaza

8 Fitzwilliam Street

Sheffield

South Yorkshire

S1 4JB

REGISTERED NUMBER:

05040624 (England and Wales)

ACCOUNTANTS:

Tim Allatson Limited

4 Brompton Way

West Bridgford

Nottingham

Nottinghamshire

NG2 7SU

FIXED ASSETS

Tangible assets

2

3,447,539

3,447,943

CURRENT ASSETS

Cash at bank

83,892

254,282

CREDITORS

Amounts falling due within one year

2,084,512

2,199,970

NET CURRENT LIABILITIES

(2,000,620

)

(1,945,688

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,446,919

1,502,255

CREDITORS

Amounts falling due after more than one year

3

1,027,603

1,161,078

NET ASSETS

419,316

341,177

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

419,216

341,077

SHAREHOLDERS' FUNDS

419,316

341,177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 July 2014 and were signed by:

H R Akhavan - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

and 28 February 2014

3,453,626

DEPRECIATION

At 1 March 2013

5,683

Charge for year

404

At 28 February 2014

6,087

NET BOOK VALUE

At 28 February 2014

3,447,539

At 28 February 2013

3,447,943

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

28.2.14

28.2.13

£

£

Repayable by instalments

1,027,603

1,161,078

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.14

28.2.13

value:

£

£

100

Ordinary

£1

100

100