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REGISTERED NUMBER: 05627104 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2023

FOR

RAVEN ENTERPRISES LIMITED

RAVEN ENTERPRISES LIMITED (REGISTERED NUMBER: 05627104)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RAVEN ENTERPRISES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTOR: R G Corbett





SECRETARY: Mrs E J Corbett





REGISTERED OFFICE: 25 St Thomas Street
Winchester
Hampshire
SO23 9HJ





REGISTERED NUMBER: 05627104 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

RAVEN ENTERPRISES LIMITED (REGISTERED NUMBER: 05627104)

BALANCE SHEET
30TH NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,006 8,034
Investment property 5 94,961 94,961
101,967 102,995

CURRENT ASSETS
Stocks - 1,150
Debtors 6 - 1,339
Cash at bank and in hand 7,999 16,832
7,999 19,321
CREDITORS
Amounts falling due within one year 7 35,955 54,747
NET CURRENT LIABILITIES (27,956 ) (35,426 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,011

67,569

PROVISIONS FOR LIABILITIES 3,503 1,526
NET ASSETS 70,508 66,043

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 70,408 65,943
SHAREHOLDERS' FUNDS 70,508 66,043

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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.

RAVEN ENTERPRISES LIMITED (REGISTERED NUMBER: 05627104)

BALANCE SHEET - continued
30TH NOVEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21st April 2024 and were signed by:





R G Corbett - Director


RAVEN ENTERPRISES LIMITED (REGISTERED NUMBER: 05627104)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023


1. STATUTORY INFORMATION

Raven Enterprises 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.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33.33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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.

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.

RAVEN ENTERPRISES LIMITED (REGISTERED NUMBER: 05627104)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st December 2022 15,604 1,650 17,254
Additions - 734 734
At 30th November 2023 15,604 2,384 17,988
DEPRECIATION
At 1st December 2022 7,855 1,365 9,220
Charge for year 1,550 212 1,762
At 30th November 2023 9,405 1,577 10,982
NET BOOK VALUE
At 30th November 2023 6,199 807 7,006
At 30th November 2022 7,749 285 8,034

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st December 2022
and 30th November 2023 94,961
NET BOOK VALUE
At 30th November 2023 94,961
At 30th November 2022 94,961

The director has considered the valuation of the investment property and considers it to be an accurate valuation as at the balance sheet date and no further revaluation is considered necessary.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 1,339

RAVEN ENTERPRISES LIMITED (REGISTERED NUMBER: 05627104)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 2,737 10,337
Other creditors 33,218 44,410
35,955 54,747

8. RELATED PARTY DISCLOSURES

Included within other creditors is an amount owed to the director of £29,756 (2022: £42,078).