IRIS Accounts Production v24.1.9.2 13707850 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh137078502022-10-31137078502023-10-31137078502022-11-012023-10-31137078502021-10-26137078502021-10-272022-10-31137078502022-10-3113707850ns15:EnglandWales2022-11-012023-10-3113707850ns14:PoundSterling2022-11-012023-10-3113707850ns10:Director12022-11-012023-10-3113707850ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3113707850ns10:SmallEntities2022-11-012023-10-3113707850ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3113707850ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3113707850ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3113707850ns10:FullAccounts2022-11-012023-10-3113707850ns10:Director22022-11-012023-10-3113707850ns10:RegisteredOffice2022-11-012023-10-3113707850ns5:CurrentFinancialInstruments2023-10-3113707850ns5:CurrentFinancialInstruments2022-10-3113707850ns5:ShareCapital2023-10-3113707850ns5:ShareCapital2022-10-3113707850ns5:RetainedEarningsAccumulatedLosses2023-10-3113707850ns5:RetainedEarningsAccumulatedLosses2022-10-3113707850ns5:PlantMachinery2022-11-012023-10-3113707850ns5:PlantMachinery2023-10-3113707850ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3113707850ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-31
REGISTERED NUMBER: 13707850 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

RAVELLO MEDIA LTD

RAVELLO MEDIA LTD (REGISTERED NUMBER: 13707850)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RAVELLO MEDIA LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Nick Catliff
Anne Catliff





REGISTERED OFFICE: C/O Defries Weiss
1 Bridge Lane
London
NW11 0EA





REGISTERED NUMBER: 13707850 (England and Wales)





ACCOUNTANTS: Defries Weiss (Accountants) Limited
1 Bridge Lane
London
NW11 0EA

RAVELLO MEDIA LTD (REGISTERED NUMBER: 13707850)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,864 -

CURRENT ASSETS
Debtors 5 16,996 20,420
Cash at bank 102,380 56,129
119,376 76,549
CREDITORS
Amounts falling due within one year 6 26,940 21,477
NET CURRENT ASSETS 92,436 55,072
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,300

55,072

PROVISIONS FOR LIABILITIES 466 -
NET ASSETS 93,834 55,072

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 93,734 54,972
93,834 55,072

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

RAVELLO MEDIA LTD (REGISTERED NUMBER: 13707850)

BALANCE SHEET - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 19 July 2024 and were signed on its behalf by:





Nick Catliff - Director


RAVELLO MEDIA LTD (REGISTERED NUMBER: 13707850)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Ravello Media Ltd 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.

Computer equipment25% on reducing balance
Office equipment25% on reducing balance

Financial instruments
Basic financial assets and liabilities, including trade debtors and creditors, other debtors and creditors and amounts with related parties are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangements constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets and liabilities classified as receivable or payable within one year are not amortised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the income statementIncome 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

RAVELLO MEDIA LTD (REGISTERED NUMBER: 13707850)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued

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 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 2,485
At 31 October 2023 2,485
DEPRECIATION
Charge for year 621
At 31 October 2023 621
NET BOOK VALUE
At 31 October 2023 1,864

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 16,996 20,420

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Taxation and social security 15,808 13,616
Other creditors 11,132 7,861
26,940 21,477