Rivoli Partners Limited - Accounts to registrar - small 17.1.1

Rivoli Partners Limited - Accounts to registrar - small 17.1.1

RIVOLI PARTNERS LIMITED - Company Information

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REGISTERED NUMBER: 08326599 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2016

for

Rivoli Partners Limited

Rivoli Partners Limited (Registered number: 08326599)

Contents of the Financial Statements
for the Year Ended 31 December 2016

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Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Rivoli Partners Limited

Company Information
for the Year Ended 31 December 2016







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DIRECTORS: Mr M D Comfort
Mrs J L Comfort





REGISTERED OFFICE: Paragon Buildings
122 Bath Road
Cheltenham
Gloucestershire
GL53 7JX





REGISTERED NUMBER: 08326599 (England and Wales)
Page 1
Rivoli Partners Limited (Registered number: 08326599)

Statement of Financial Position
31 December 2016

2016 2015
Notes £    £    £    £   
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FIXED ASSETS
Tangible assets 4 323 2,130
Investments 5 22,642 7,334
22,965 9,464

CURRENT ASSETS
Debtors 6 1,125 1,283
Cash at bank 844 14,911
1,969 16,194
CREDITORS
Amounts falling due within one year 7 1,177 797
NET CURRENT ASSETS 792 15,397
TOTAL ASSETS LESS CURRENT
LIABILITIES
23,757
24,861

PROVISIONS FOR LIABILITIES - 426
NET ASSETS 23,757 24,435

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 15,308 -
Retained earnings 8,349 24,335
SHAREHOLDERS' FUNDS 23,757 24,435

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 notes form part of these financial statements

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Rivoli Partners Limited (Registered number: 08326599)

Statement of Financial Position - continued
31 December 2016

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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 Board of Directors on 12 May 2017 and were signed on its behalf by:





Mr M D Comfort - Director


The notes form part of these financial statements

Page 3
Rivoli Partners Limited (Registered number: 08326599)

Notes to the Financial Statements
for the Year Ended 31 December 2016

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1. STATUTORY INFORMATION

Rivoli Partners 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 as modified by the revaluation of certain assets.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of
Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done
in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts
for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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 that have been enacted or
substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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 2 .

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Rivoli Partners Limited (Registered number: 08326599)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

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4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 January 2016
and 31 December 2016 5,422
DEPRECIATION
At 1 January 2016 3,292
Charge for year 1,807
At 31 December 2016 5,099
NET BOOK VALUE
At 31 December 2016 323
At 31 December 2015 2,130

5. FIXED ASSET INVESTMENTS
Interest
in joint Other
venture investments Totals
£    £    £   
COST OR VALUATION
At 1 January 2016 454 6,880 7,334
Revaluations - 15,308 15,308
At 31 December 2016 454 22,188 22,642
NET BOOK VALUE
At 31 December 2016 454 22,188 22,642
At 31 December 2015 454 6,880 7,334

Cost or valuation at 31 December 2016 is represented by:

Interest
in joint Other
venture investments Totals
£    £    £   
Valuation in 2015 - (14,104 ) (14,104 )
Valuation in 2016 - 15,308 15,308
Cost 454 20,984 21,438
454 22,188 22,642

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Rivoli Partners Limited (Registered number: 08326599)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016

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6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade debtors - 264
Other debtors 1,125 1,019
1,125 1,283

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Directors' current accounts - 208
Accruals and deferred income 1,177 589
1,177 797

8. RESERVES
Fair
value
reserve
£   
Revaluation of investment 15,308

At 31 December 2016 15,308

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr & Mrs Comfort.

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