Rivergold Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03784266 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2017 TO 31 MARCH 2018

FOR

RIVERGOLD ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Mindel

M J Mindel

SECRETARY:

A Mindel

REGISTERED OFFICE:

19 North Street

Ashford

Kent

TN24 8LF

REGISTERED NUMBER:

03784266 (England and Wales)

ACCOUNTANTS:

Calcutt Matthews

Chartered Accountants

19 North Street

Ashford

Kent

TN24 8LF

CURRENT ASSETS

Debtors

4

15,323

26,690

Cash at bank and in hand

7,238

42,795

22,561

69,485

CREDITORS

Amounts falling due within one year

5

69,293

118,200

NET CURRENT LIABILITIES

(46,732

)

(48,715

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(46,732

)

(48,715

)

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

(46,832

)

(48,815

)

SHAREHOLDERS' FUNDS

(46,732

)

(48,715

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit or Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 18 June 2018 and were signed on its behalf by:

A Mindel - Director

1.	STATUTORY INFORMATION

Rivergold Associates 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Taxation

Taxation for the period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2017 - 8 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

30.6.17

£

£

Other debtors

15,323

26,690

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

30.6.17

£

£

Bank loans and overdrafts

10

-

Trade creditors

-

64,231

Taxation and social security

6,348

996

Other creditors

62,935

52,973

69,293

118,200

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.18

30.6.17

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 1 July 2017

(48,815

)

Profit for the period

1,983

At 31 March 2018

(46,832

)