Riyadh Developments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04731878 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2018

for

Riyadh Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Khan

SECRETARY:

REGISTERED OFFICE:

6 Southbrook Terrace

Bradford

West Yorkshire

BD7 1AB

REGISTERED NUMBER:

04731878 (England and Wales)

ACCOUNTANTS:

Isaacs

Trust House

St James Business Park

5 New Augustus Street

Bradford

West Yorkshire

BD1 5LL

FIXED ASSETS

Tangible assets

4

120,997

CURRENT ASSETS

Debtors

5

847

-

Cash at bank and in hand

50,124

300

50,971

300

CREDITORS

Amounts falling due within one year

6

51,533

2,376

NET CURRENT LIABILITIES

(562

)

(2,076

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

120,435

118,921

CREDITORS

Amounts falling due after more than one year

7

104,109

NET ASSETS

16,326

14,812

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

16,324

14,810

16,326

14,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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 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 Income Statement has not been delivered.

The financial statements were approved by the director on 31 January 2019 and were signed by:

A Khan - Director

1.	STATUTORY INFORMATION

Riyadh Developments 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.

Tangible fixed assets

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

Taxation

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 1 ).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 May 2017

and 30 April 2018

120,997

NET BOOK VALUE

At 30 April 2018

120,997

At 30 April 2017

120,997

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Other debtors

847

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

Trade creditors

(1

)

-

Taxation and social security

662

1,504

Other creditors

50,872

872

51,533

2,376

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2018

2017

£

Other creditors

104,109

Riyadh Developments Limited - Accounts to registrar (filleted) - small 18.2

Riyadh Developments Limited - Accounts to registrar (filleted) - small 18.2