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Company Registration No. 05747458 (England and Wales)
Revased Ltd Unaudited accounts for the year ended 31 March 2023
Revased Ltd Unaudited accounts Contents
Page
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Revased Ltd Company Information for the year ended 31 March 2023
Director
Paul Saunders
Company Number
05747458 (England and Wales)
Registered Office
43 High Street Dartford Kent DA1 1DJ
Accountants
Elite Accountants (London) Limited 717 Green Lanes Winchmore Hill London N21 3RX
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Revased Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,676 
4,348 
Current assets
Inventories
147,599 
117,890 
Debtors
28,117 
20,066 
Cash at bank and in hand
23,995 
14,512 
199,711 
152,468 
Creditors: amounts falling due within one year
(57,989)
(67,171)
Net current assets
141,722 
85,297 
Total assets less current liabilities
145,398 
89,645 
Creditors: amounts falling due after more than one year
(42,688)
(48,644)
Net assets
102,710 
41,001 
Capital and reserves
Called up share capital
76 
76 
Capital redemption reserve
25 
25 
Profit and loss account
102,609 
40,900 
Shareholders' funds
102,710 
41,001 
For the year ending 31 March 2023 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 25 July 2023 and were signed on its behalf by
Paul Saunders Director Company Registration No. 05747458
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Revased Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Revased Ltd is a private company, limited by shares, registered in England and Wales, registration number 05747458. The registered office is 43 High Street, Dartford, Kent, DA1 1DJ.
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.
Presentation currency
The accounts are presented in £ sterling.
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% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2022
73,024 
Additions
553 
At 31 March 2023
73,577 
Depreciation
At 1 April 2022
68,676 
Charge for the year
1,225 
At 31 March 2023
69,901 
Net book value
At 31 March 2023
3,676 
At 31 March 2022
4,348 
5
Average number of employees
During the year the average number of employees was 5 (2022: 7).
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