REGISTERED NUMBER: |
Raven & Co Recovery Ltd |
Unaudited Financial Statements |
for the Year Ended 30 March 2023 |
REGISTERED NUMBER: |
Raven & Co Recovery Ltd |
Unaudited Financial Statements |
for the Year Ended 30 March 2023 |
Raven & Co Recovery Ltd (Registered number: 06264830) |
Contents of the Financial Statements |
for the year ended 30 March 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Raven & Co Recovery Ltd |
Company Information |
for the year ended 30 March 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Lymore Villa |
162a London Road |
Chesterton |
Newcastle |
Staffordshire |
ST5 7JB |
Raven & Co Recovery Ltd (Registered number: 06264830) |
Balance Sheet |
30 March 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
Raven & Co Recovery Ltd (Registered number: 06264830) |
Balance Sheet - continued |
30 March 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
Raven & Co Recovery Ltd (Registered number: 06264830) |
Notes to the Financial Statements |
for the year ended 30 March 2023 |
1. | STATUTORY INFORMATION |
Raven & Co Recovery Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being the 12 month period from the date of these accounts being approved, given the impact of coronavirus on the economy and therefore the financial statements have been prepared on a going concern basis. |
Turnover |
Turnover represents net invoice value of goods / services provided, excluding value added tax. |
Tangible fixed assets |
Building | - |
Fixtures and fittings | - |
Computer equipment | - |
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 |
Raven & Co Recovery Ltd (Registered number: 06264830) |
Notes to the Financial Statements - continued |
for the year ended 30 March 2023 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
Building | fittings | equipment | Totals |
£ | £ | £ | £ |
COST |
At 31 March 2022 |
and 30 March 2023 |
DEPRECIATION |
At 31 March 2022 |
Charge for year |
At 30 March 2023 |
NET BOOK VALUE |
At 30 March 2023 |
At 30 March 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Amounts owed to associates | 892 | 892 |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans |
Raven & Co Recovery Ltd (Registered number: 06264830) |
Notes to the Financial Statements - continued |
for the year ended 30 March 2023 |
8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 30 March 2023 and 30 March 2022: |
2023 | 2022 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
Interest is charged on the loan at 2% per annum with no fixed repayment terms. |
9. | RELATED PARTY DISCLOSURES |
Premier Business Recovery Limited |
A company in which Mrs J Rafferty is a director/shareholder. |
2020 | 2019 |
£ | £ |
Amount due to related party at the balance sheet date | 892 | 892 |