Registered number: SC254279 | ||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||
Prepared By: | ||||||||
The Number Crunchers (Edinburgh) Ltd |
Ravenstone Property Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in SC - Scotland, registered number SC254279 | ||||||||
ACCOUNTANTS | ||||||||
The Number Crunchers (Edinburgh) Ltd |
Ravenstone Property Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/12/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Ravenstone Property Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
Investment Assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
3,248,905 | 3,161,103 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | (1,094,438) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Revaluation reserve | 1e,8 | 566,727 | 566,727 | |||||||
Profit and loss account | (50,398) | (11,165) | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
............................. | ||||||||||
Ramon Valvona | ||||||||||
Director | ||||||||||
Ravenstone Property Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | straight line 33.33% |
1c. Pension Costs | ||||||||
The pension charge represents the amounts payable by the company to the directors private pension (SIPP) in respect of the year. |
1d. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
1e. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of individual fixed assets (properties) are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note8). |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
Ravenstone Property Ltd | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Land And | ||||||
Buildings | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/01/2023 | 2,175,000 | 418 | 2,175,418 | |||
Disposals | - | (418) | (418) | |||
At 31/12/2023 | 2,175,000 | - | 2,175,000 | |||
Depreciation | ||||||
At 01/01/2023 | - | 418 | 418 | |||
Disposals | - | (418) | (418) | |||
At 31/12/2023 | - | - | - | |||
Net Book Amounts | ||||||
At 31/12/2023 | 2,175,000 | |||||
At 31/12/2022 | 2,175,000 | |||||
4. FINANCIAL ASSETS | |||||||||
Other | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/01/2023 | 100 | 100 | |||||||
At 31/12/2023 | 100 | 100 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/12/2023 | 100 | 100 | |||||||
At 31/12/2022 | 100 | 100 | |||||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Amounts due from group companies | 3,224,193 | 3,114,924 | ||||||
3,224,193 | 3,114,924 | |||||||
Ravenstone Property Ltd | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
VAT | 6,894 | 2,927 | ||||||
Directors current account | - | 874 | ||||||
Bank Loan | 4,350,000 | 4,250,000 | ||||||
Accruals | 25,682 | 1,740 | ||||||
4,382,576 | 4,255,541 | |||||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
300000 | 300000 | |||||||
225000 | 225000 | |||||||
525,100 | 525,100 | |||||||
New shares issued during period: | ||||||||
300000 | 300000 | 300000 | ||||||
225000 | 225000 | 225000 | ||||||
8. REVALUATION RESERVE | 2023 | 2022 | ||||||
£ | £ | |||||||
Land And Buildings Revalution Reserve | 566,727 | 566,727 | ||||||
566,727 | 566,727 | |||||||