Company Registration No. 05747458 (England and Wales)
Revased Ltd
Unaudited accounts
for the year ended 31 March 2023
Revased Ltd
Unaudited accounts
Contents
Revased Ltd
Company Information
for the year ended 31 March 2023
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
Revased Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
3,676
4,348
Inventories
147,599
117,890
Cash at bank and in hand
23,995
14,512
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)
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
Revased Ltd
Notes to the Accounts
for the year ended 31 March 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
5
Average number of employees
During the year the average number of employees was 5 (2022: 7).