Registered number
08480020
Revive Construction and Renovation Limited
Filleted Accounts
30 April 2023
Revive Construction and Renovation Limited
Registered number: 08480020
Balance Sheet
as at 30 April 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 3,500 3,520
Current assets
Debtors 4 3,137 13,316
Cash at bank and in hand 2,521 2,110
5,658 15,426
Creditors: amounts falling due within one year 5 (3,656) (6,443)
Net current assets/(liabilities) 2,002 8,983
Total assets less current liabilities 5,502 12,503
Creditors: amounts falling due after more than one year 6 (16,111) (15,625)
Net assets/(liabilities) (10,609) (3,122)
Capital and reserves
Called up share capital 200 200
Profit and loss account (10,809) (3,322)
Shareholder's funds (10,609) (3,122)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr A Ramirez
Director
Approved by the board on 24 October 2023
Revive Construction and Renovation Limited
Notes to the Accounts
for the year ended 30 April 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant & Machinery 25% Reducing Balance
IT Equipment 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant & Machinery IT Equipment Motor vehicles Total
£ £ £ £
Cost
At 1 May 2022 6,171 850 15,270 22,291
Additions 1,027 120 - 1,147
At 30 April 2023 7,198 970 15,270 23,438
Depreciation
At 1 May 2022 4,073 786 13,912 18,771
Charge for the year 781 46 340 1,167
At 30 April 2023 4,854 832 14,252 19,938
Net book value
At 30 April 2023 2,344 138 1,018 3,500
At 30 April 2022 2,098 64 1,358 3,520
4 Debtors 2023 2022
£ £
Trade debtors 80 1,594
Other debtors 3,057 11,722
3,137 13,316
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 3,592 2,500
Directors loan account (698) -
Other creditors 762 3,943
3,656 6,443
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 16,111 15,625
7 Other information
Revive Construction and Renovation Limited is a private company limited by shares and incorporated in England. Its registered office is:
Furzey Bank
Barrow Hill Road
Southampton
Hampshire
SO40 2PH
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