Company registration number 11052585 (England and Wales)
COLUMBIA RAVENSCROFT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
PAGES FOR FILING WITH REGISTRAR
COLUMBIA RAVENSCROFT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
COLUMBIA RAVENSCROFT LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2023
31 August 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Intangible assets
3
3,564,212
3,503,628
Investments
4
1
1
3,564,213
3,503,629
Current assets
Debtors
477,776
600,000
Cash at bank and in hand
1,560,198
2,289,644
2,037,974
2,889,644
Creditors: amounts falling due within one year
(64,354)
(2,085,671)
Net current assets
1,973,620
803,973
Net assets
5,537,833
4,307,602
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
5,537,832
4,307,601
Total equity
5,537,833
4,307,602

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 1 February 2024
Miss L Holmes
Director
Company registration number 11052585 (England and Wales)
COLUMBIA RAVENSCROFT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023
- 2 -
1
Accounting policies
Company information

Columbia Ravenscroft Limited is a private company limited by shares incorporated in England and Wales. The registered office is Studio 133, Canalot Studios, 222 Kensal Road, London, W10 5BN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.The principal accounting policies adopted are set out below.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.5
Leases

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

COLUMBIA RAVENSCROFT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2023
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
1
1
3
Intangible fixed assets
Total
£
Cost
At 1 September 2022
3,503,628
Additions
60,584
At 31 August 2023
3,564,212
Amortisation and impairment
At 1 September 2022 and 31 August 2023
-
0
Carrying amount
At 31 August 2023
3,564,212
At 31 August 2022
3,503,628
4
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
1
1
2023-08-312022-09-01false01 February 2024CCH SoftwareCCH Accounts Production 2023.200No description of principal activityMiss Laura Holmes110525852022-09-012023-08-31110525852023-08-31110525852022-08-3111052585core:CurrentFinancialInstrumentscore:WithinOneYear2023-08-3111052585core:CurrentFinancialInstrumentscore:WithinOneYear2022-08-3111052585core:ShareCapital2023-08-3111052585core:ShareCapital2022-08-3111052585core:RetainedEarningsAccumulatedLosses2023-08-3111052585core:RetainedEarningsAccumulatedLosses2022-08-3111052585bus:Director12022-09-012023-08-31110525852021-09-012022-08-31110525852022-08-3111052585bus:PrivateLimitedCompanyLtd2022-09-012023-08-3111052585bus:SmallCompaniesRegimeForAccounts2022-09-012023-08-3111052585bus:FRS1022022-09-012023-08-3111052585bus:AuditExempt-NoAccountantsReport2022-09-012023-08-3111052585bus:FullAccounts2022-09-012023-08-31xbrli:purexbrli:sharesiso4217:GBP