1 April 2022 false No description of principal activity Taxfiler 2023.10 SC558058business:PrivateLimitedCompanyLtd2022-04-012023-03-31 SC5580582022-03-31 SC5580582022-04-012023-03-31 SC558058business:AuditExemptWithAccountantsReport2022-04-012023-03-31 SC558058business:FilletedAccounts2022-04-012023-03-31 SC5580582023-03-31 SC558058business:Director12022-04-012023-03-31 SC558058business:RegisteredOffice2022-04-012023-03-31 SC5580582022-03-31 SC558058core:WithinOneYear2023-03-31 SC558058core:WithinOneYear2022-03-31 SC558058core:AfterOneYear2023-03-31 SC558058core:AfterOneYear2022-03-31 SC558058core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC558058core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 SC558058core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC558058core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 SC558058core:PreviouslyStatedAmount2023-03-31 SC558058core:PreviouslyStatedAmount2022-03-31 SC558058business:SmallEntities2022-04-012023-03-31 SC558058countries:Scotland2022-04-012023-03-31 SC558058core:LandBuildings2022-04-012023-03-31 SC558058core:PlantMachinery2022-04-012023-03-31 SC558058core:FurnitureFittings2022-04-012023-03-31 SC558058core:LandBuildings2022-03-31 SC558058core:PlantMachinery2022-03-31 SC558058core:FurnitureFittings2022-03-31 SC558058core:LandBuildings2023-03-31 SC558058core:PlantMachinery2023-03-31 SC558058core:FurnitureFittings2023-03-31 SC5580582021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. SC558058 (Scotland)
Ravelston House LTD Unaudited accounts for the year ended 31 March 2023
Ravelston House LTD Unaudited accounts Contents
Page
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Ravelston House LTD Company Information for the year ended 31 March 2023
Director
Martin Ivinson
Company Number
SC558058 (Scotland)
Registered Office
182 North High Street Musselburgh East Lothian EH21 6BH
Accountants
GR Thomson & Co LTD EH20 Business Centre 6 Dryden Road Loanhead Midlothian EH20 9LZ
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Ravelston House LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
116,819 
129,901 
Current assets
Inventories
15,500 
16,481 
Debtors
2,247 
563 
Cash at bank and in hand
18,581 
54,697 
36,328 
71,741 
Creditors: amounts falling due within one year
(137,547)
(127,635)
Net current liabilities
(101,219)
(55,894)
Total assets less current liabilities
15,600 
74,007 
Creditors: amounts falling due after more than one year
- 
(28,232)
Net assets
15,600 
45,775 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
15,597 
45,772 
Shareholders' funds
15,600 
45,775 
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.
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 15 November 2023 and were signed on its behalf by
Martin Ivinson Director Company Registration No. SC558058
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Ravelston House LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Ravelston House LTD is a private company, limited by shares, registered in Scotland, registration number SC558058. The registered office is 182 North High Street, Musselburgh, East Lothian, EH21 6BH.
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:
Land & buildings
10% reducing balance
Plant & machinery
25% reducing balance
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
53,787 
121,369 
62,723 
237,879 
Additions
- 
4,985 
- 
4,985 
At 31 March 2023
53,787 
126,354 
62,723 
242,864 
Depreciation
At 1 April 2022
26,893 
60,668 
20,417 
107,978 
Charge for the year
2,689 
9,032 
6,346 
18,067 
At 31 March 2023
29,582 
69,700 
26,763 
126,045 
Net book value
At 31 March 2023
24,205 
56,654 
35,960 
116,819 
At 31 March 2022
26,894 
60,701 
42,306 
129,901 
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Ravelston House LTD Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
2,243 
560 
Other debtors
4 
3 
2,247 
563 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
8,874 
VAT
25,066 
13,442 
Trade creditors
6,816 
1,955 
Taxes and social security
14,397 
32,066 
Other creditors
72,650 
59,486 
Loans from directors
(795)
(735)
Accruals
19,413 
12,547 
137,547 
127,635 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
28,232 
8
Average number of employees
During the year the average number of employees was 32 (2022: 32).
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