Riverdeal Ltd - Limited company - abbreviated

REGISTERED NUMBER: 04317137 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

RIVERDEAL LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D Katz

SECRETARY:

Mrs S Katz

REGISTERED OFFICE:

23 Ashtead Road

Stamford Hill

London

E5 9BJ

REGISTERED NUMBER:

04317137 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

2

3,049

3,587

Investment property

3

770,000

773,049

773,587

CURRENT ASSETS

Debtors

101,213

107,860

Cash at bank

10,664

12,066

111,877

119,926

CREDITORS

Amounts falling due within one year

77,278

78,959

NET CURRENT ASSETS

34,599

40,967

TOTAL ASSETS LESS CURRENT
LIABILITIES

807,648

814,554

CREDITORS

Amounts falling due after more than one
year

4

413,127

417,846

NET ASSETS

394,521

396,708

CAPITAL AND RESERVES

Called up share capital

5

1

Revaluation reserve

301,275

Profit and loss account

93,245

95,432

SHAREHOLDERS' FUNDS

394,521

396,708

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 21 December 2014 and were signed by:

D Katz - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

Turnover represents net rent receivable, 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.

Fixtures and fittings

-

15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

12,680

DEPRECIATION

At 1 April 2013

9,093

Charge for year

538

At 31 March 2014

9,631

NET BOOK VALUE

At 31 March 2014

3,049

At 31 March 2013

3,587

3.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2013

and 31 March 2014

770,000

NET BOOK VALUE

At 31 March 2014

770,000

At 31 March 2013

770,000

4.

CREDITORS

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

31.3.14

31.3.13

£

Repayable otherwise than by instalments

413,127

417,846

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

1

Ordinary

£1

1

Riverdeal Ltd - Limited company - abbreviated - 11.0.0

Riverdeal Ltd - Limited company - abbreviated - 11.0.0