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Company Registration No. 09049834 (England and Wales)
Revolver Creative Limited Unaudited accounts for the year ended 31 March 2022
Revolver Creative Limited Unaudited accounts Contents
Page
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Revolver Creative Limited Company Information for the year ended 31 March 2022
Directors
Mr R J Little Mrs A Little
Company Number
09049834 (England and Wales)
Registered Office
3 Beechings Henfield West Sussex BN5 9XB
Accountants
Ian Sykes and Co Limited 1 Windlesham Gardens Shoreham by Sea West Sussex BN43 5AD
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Revolver Creative Limited Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
862 
1,725 
Current assets
Debtors
20,248 
3,867 
Cash at bank and in hand
14,057 
10,751 
34,305 
14,618 
Creditors: amounts falling due within one year
(22,005)
(14,646)
Net current assets/(liabilities)
12,300 
(28)
Total assets less current liabilities
13,162 
1,697 
Creditors: amounts falling due after more than one year
(13,000)
- 
Net assets
162 
1,697 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
160 
1,695 
Shareholders' funds
162 
1,697 
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 September 2022 and were signed on its behalf by
Mr R J Little Director Company Registration No. 09049834
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Revolver Creative Limited Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
Revolver Creative Limited is a private company, limited by shares, registered in England and Wales, registration number 09049834. The registered office is 3 Beechings, Henfield, West Sussex, BN5 9XB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Revenue, described as turnover, is the value of work performed during the year with respect to services. Revenue is recognised on the provision of services on completion of each individual assignment.
Government grants
Government grants are recognised under the accrual model meaning that grants relating to revenue shall be recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2021
14,510 
At 31 March 2022
14,510 
Depreciation
At 1 April 2021
12,785 
Charge for the year
863 
At 31 March 2022
13,648 
Net book value
At 31 March 2022
862 
At 31 March 2021
1,725 
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Revolver Creative Limited Notes to the Accounts for the year ended 31 March 2022
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
15,269 
3,867 
Other debtors
4,979 
- 
20,248 
3,867 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
4,000 
- 
Trade creditors
312 
1,563 
Taxes and social security
14,663 
11,100 
Other creditors
1,680 
365 
Loans from directors
- 
293 
Accruals
1,350 
1,325 
22,005 
14,646 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
13,000 
- 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr R J Little
- 
4,979 
- 
4,979 
- 
4,979 
- 
4,979 
The director received sundry interest free advances totalling £4,979 in excess of his dividend entitlement during the year and this amount is included within "Other debtors". This amount will be repaid in full by 31 August 2022. The maximum amount outstanding during the year was £4,979.
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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