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REGISTERED NUMBER: 00299414 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

E.REVELL & SONS LIMITED

E.REVELL & SONS LIMITED (REGISTERED NUMBER: 00299414)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


E.REVELL & SONS LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2023







DIRECTORS: Mr E A Bollen Snr
Miss N J Bollen





SECRETARY: Miss N J Bollen





REGISTERED OFFICE: Unit 1C Joseph Wilson Ind Est
Millstrood Road
Whitstable
Kent
CT5 3PS





REGISTERED NUMBER: 00299414 (England and Wales)





ACCOUNTANTS: MMP Accounting Solutions Ltd
Unit 34 Basepoint
Shearway Business Park
Folkestone
Kent
CT19 4RH

E.REVELL & SONS LIMITED (REGISTERED NUMBER: 00299414)

BALANCE SHEET
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,287 76,831

CURRENT ASSETS
Stocks 5 96,651 71,236
Debtors 6 298,240 216,105
Cash at bank 369,586 349,286
764,477 636,627
CREDITORS
Amounts falling due within one year 7 262,039 190,789
NET CURRENT ASSETS 502,438 445,838
TOTAL ASSETS LESS CURRENT
LIABILITIES

562,725

522,669

CREDITORS
Amounts falling due after more than
one year

8

(20,000

)

(30,000

)

PROVISIONS FOR LIABILITIES (12,654 ) (14,598 )
NET ASSETS 530,071 478,071

CAPITAL AND RESERVES
Called up share capital 500 500
Other reserves 250 250
Retained earnings 529,321 477,321
SHAREHOLDERS' FUNDS 530,071 478,071

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

E.REVELL & SONS LIMITED (REGISTERED NUMBER: 00299414)

BALANCE SHEET - continued
30 September 2023


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by:





Mr E A Bollen Snr - Director


E.REVELL & SONS LIMITED (REGISTERED NUMBER: 00299414)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

E.Revell & Sons Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - Straight line over 10 years
Fixtures and fittings - Straight line over 10 years
Motor vehicles - Straight line over 10 years
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2022 - 14 ) .

E.REVELL & SONS LIMITED (REGISTERED NUMBER: 00299414)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2022 520,939 19,117 39,902 10,027 589,985
Additions - - - 1,571 1,571
Disposals - - - (478 ) (478 )
At 30 September 2023 520,939 19,117 39,902 11,120 591,078
DEPRECIATION
At 1 October 2022 463,226 13,703 27,856 8,369 513,154
Charge for year 11,913 1,589 3,990 623 18,115
Eliminated on disposal - - - (478 ) (478 )
At 30 September 2023 475,139 15,292 31,846 8,514 530,791
NET BOOK VALUE
At 30 September 2023 45,800 3,825 8,056 2,606 60,287
At 30 September 2022 57,713 5,414 12,046 1,658 76,831

5. STOCKS
30.9.23 30.9.22
£    £   
Stocks 96,651 71,236

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 137,179 157,108
Amounts owed by participating interests 144,000 36,000
Prepayments 17,061 22,997
298,240 216,105

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 124,272 136,769
Tax 22,169 8,497
Social security and other taxes 3,746 3,291
VAT 25,918 28,403
Other creditors 72,000 -
Directors' current accounts 2,779 2,779
Accrued expenses 1,155 1,050
262,039 190,789

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans 20,000 30,000

E.REVELL & SONS LIMITED (REGISTERED NUMBER: 00299414)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023

9. CONTROLLING PARTY

During the current and preceeding financial year, the company was controlled by Mr E A Bollen by virtue of him being the sole shareholder.