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REGISTERED NUMBER: 08454141 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 July 2022

for

Reviewo Limited

Reviewo Limited (Registered number: 08454141)






Contents of the Financial Statements
for the Year Ended 31 July 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Reviewo Limited

Company Information
for the Year Ended 31 July 2022







DIRECTORS: Mrs L A Stevens
C Stevens





REGISTERED OFFICE: 5 Stonemill Rise
Appley Bridge
Wigan
Lancashire
WN6 9BH





REGISTERED NUMBER: 08454141 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Chartered Accountants
Reedham House
31 King Street West
Manchester
M3 2PJ

Reviewo Limited (Registered number: 08454141)

Balance Sheet
31 July 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 807,154 808,683
807,154 808,683

CURRENT ASSETS
Debtors 6 88,979 15,868
Cash at bank 610 2,868
89,589 18,736
CREDITORS
Amounts falling due within one year 7 723,887 710,989
NET CURRENT LIABILITIES (634,298 ) (692,253 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

172,856

116,430

CAPITAL AND RESERVES
Called up share capital 340 340
Share premium 99,880 99,880
Capital redemption reserve 60 60
Retained earnings 72,576 16,150
172,856 116,430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 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.

Reviewo Limited (Registered number: 08454141)

Balance Sheet - continued
31 July 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 27 October 2023 and were signed on its behalf by:





C Stevens - Director


Reviewo Limited (Registered number: 08454141)

Notes to the Financial Statements
for the Year Ended 31 July 2022

1. STATUTORY INFORMATION

Reviewo 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.
Computer equipment - 20% on cost

Tangible fixed assets are initially recorded at cost less accumulated depreciation and accumulated impairment losses.

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.

Going concern
The company's financial statements for the year ended 31 July 2022 have been prepared on a going concern basis as, after making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

Reviewo Limited (Registered number: 08454141)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2022

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 August 2021
and 31 July 2022 32,590
AMORTISATION
At 1 August 2021
and 31 July 2022 32,590
NET BOOK VALUE
At 31 July 2022 -
At 31 July 2021 -

5. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
At 1 August 2021
and 31 July 2022 803,616 7,646 811,262
DEPRECIATION
At 1 August 2021 - 2,579 2,579
Charge for year - 1,529 1,529
At 31 July 2022 - 4,108 4,108
NET BOOK VALUE
At 31 July 2022 803,616 3,538 807,154
At 31 July 2021 803,616 5,067 808,683

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 88,979 15,868

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 13,625 14,661
Trade creditors 3,936 2,008
Taxation and social security 17,385 4,111
Other creditors 688,941 690,209
723,887 710,989

Reviewo Limited (Registered number: 08454141)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2022

8. RELATED PARTY DISCLOSURES

As at 31 July 2022, a balance amounting to £17,608 (2021: £15,847) was due from a company in which the directors of this company are directors.

Included in other creditors is balance amounting to £623.011 (2021: £685,930) due to a company in which the directors of this company are directors.

Included within other creditors are amounts owing to directors totalling £3,171 (2021: £2,799). No interest is chargeable to the company on this balance.