IRIS Accounts Production v23.4.0.336 10108561 director 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101085612022-03-31101085612023-03-31101085612022-04-012023-03-31101085612021-03-31101085612021-04-012022-03-31101085612022-03-3110108561ns15:EnglandWales2022-04-012023-03-3110108561ns14:PoundSterling2022-04-012023-03-3110108561ns10:Director12022-04-012023-03-3110108561ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3110108561ns10:SmallEntities2022-04-012023-03-3110108561ns10:AuditExemptWithAccountantsReport2022-04-012023-03-3110108561ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3110108561ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3110108561ns10:FullAccounts2022-04-012023-03-3110108561ns10:OrdinaryShareClass12022-04-012023-03-3110108561ns10:RegisteredOffice2022-04-012023-03-3110108561ns5:CurrentFinancialInstruments2023-03-3110108561ns5:CurrentFinancialInstruments2022-03-3110108561ns5:Non-currentFinancialInstruments2023-03-3110108561ns5:Non-currentFinancialInstruments2022-03-3110108561ns5:ShareCapital2023-03-3110108561ns5:ShareCapital2022-03-3110108561ns5:RevaluationReserve2023-03-3110108561ns5:RevaluationReserve2022-03-3110108561ns5:RetainedEarningsAccumulatedLosses2023-03-3110108561ns5:RetainedEarningsAccumulatedLosses2022-03-3110108561ns5:PlantMachinery2022-04-012023-03-3110108561ns5:FurnitureFittings2022-04-012023-03-3110108561ns5:MotorVehicles2022-04-012023-03-3110108561ns5:ComputerEquipment2022-04-012023-03-3110108561ns5:PlantMachinery2022-03-3110108561ns5:FurnitureFittings2022-03-3110108561ns5:MotorVehicles2022-03-3110108561ns5:ComputerEquipment2022-03-3110108561ns5:PlantMachinery2023-03-3110108561ns5:FurnitureFittings2023-03-3110108561ns5:MotorVehicles2023-03-3110108561ns5:ComputerEquipment2023-03-3110108561ns5:PlantMachinery2022-03-3110108561ns5:FurnitureFittings2022-03-3110108561ns5:MotorVehicles2022-03-3110108561ns5:ComputerEquipment2022-03-3110108561ns5:CostValuation2022-03-3110108561ns5:RevaluationsIncreaseDecreaseInInvestments2023-03-3110108561ns5:CostValuation2023-03-3110108561ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3110108561ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3110108561ns10:OrdinaryShareClass12023-03-3110108561ns5:RevaluationReserve2022-03-31
REGISTERED NUMBER: 10108561 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 March 2023

for

Reev Productions Limited

Reev Productions Limited (Registered number: 10108561)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Reev Productions Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: O Fletcher-Warrington





REGISTERED OFFICE: Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP





REGISTERED NUMBER: 10108561 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Reev Productions Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Reev Productions Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Reev Productions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Reev Productions Limited and state those matters that we have agreed to state to the director of Reev Productions Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Reev Productions Limited and its director for our work or for this report.

It is your duty to ensure that Reev Productions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Reev Productions Limited. You consider that Reev Productions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Reev Productions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


6 March 2024

Reev Productions Limited (Registered number: 10108561)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,362 4,142
Investments 5 8,642 23,948
53,004 28,090

CURRENT ASSETS
Debtors 6 18,300 -
Cash at bank 148,596 162,504
166,896 162,504
CREDITORS
Amounts falling due within one year 7 23,100 25,829
NET CURRENT ASSETS 143,796 136,675
TOTAL ASSETS LESS CURRENT
LIABILITIES

196,800

164,765

CREDITORS
Amounts falling due after more than
one year

8

(38,954

)

-

PROVISIONS FOR LIABILITIES (10,637 ) (367 )
NET ASSETS 147,209 164,398

Reev Productions Limited (Registered number: 10108561)

Balance Sheet - continued
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 (10,508 ) 4,798
Retained earnings 157,617 159,500
SHAREHOLDERS' FUNDS 147,209 164,398

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 March 2024 and were signed by:





O Fletcher-Warrington - Director


Reev Productions Limited (Registered number: 10108561)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Reev Productions 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 as modified by the revaluation of certain assets.

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 - 20% on cost
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Reev Productions Limited (Registered number: 10108561)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 2,700 150 - 4,716 7,566
Additions - - 52,090 3,083 55,173
At 31 March 2023 2,700 150 52,090 7,799 62,739
DEPRECIATION
At 1 April 2022 1,032 88 - 2,304 3,424
Charge for year 540 16 13,023 1,374 14,953
At 31 March 2023 1,572 104 13,023 3,678 18,377
NET BOOK VALUE
At 31 March 2023 1,128 46 39,067 4,121 44,362
At 31 March 2022 1,668 62 - 2,412 4,142

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2022 23,948
Revaluations (15,306 )
At 31 March 2023 8,642
NET BOOK VALUE
At 31 March 2023 8,642
At 31 March 2022 23,948

Cost or valuation at 31 March 2023 is represented by:

Other
investments
£   
Valuation in 2023 8,642

Reev Productions Limited (Registered number: 10108561)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 16,878 -
Prepayments and accrued income 1,422 -
18,300 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 2,960 -
Trade creditors 2,680 300
Corporation tax 2,485 15,637
Social security and other taxes - 320
VAT 12,811 -
Directors' current accounts 90 5,493
Accruals and deferred income 2,074 4,079
23,100 25,829

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 38,954 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Revaluation
reserve
£   
At 1 April 2022 4,798
Revaluation of Investment (15,306 )

At 31 March 2023 (10,508 )