Registered Number:03562693 |
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2023
Raventop Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Raventop Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
1,054,076
984,263
2
114,080
114,080
3
1,168,156
1,098,343
Trade and other receivables |
426,185
513,496
4
4,875
Cash and cash equivalents |
64,181
577,677
431,060
Trade and other payables: amounts falling due within one |
year |
(445,038)
(400,662)
5
(13,978)
177,015
Net current assets
Total assets less current liabilities |
1,345,171
1,084,365
Trade and other payables: amounts falling due after more |
than one year |
(886,431)
(1,071,030)
6
(26,787)
(30,999)
Provisions for liabilities |
247,354
Net assets
166,935
200
200
247,154
166,735
247,354
166,935
Shareholders' funds
For the year ended 31 October 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
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 proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 October 2023
Raventop Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 28 July 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 October 2023
Raventop Limited
Notes to the Financial Statements
Statutory Information
Raventop Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
03562693. |
1st Floor, Abbey House
270-272 Lever Street
Bolton
Lancashire
BL3 6PD
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Motor vehicles
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 October 2023
Raventop Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
1,034,643
-
111,390
107,121
816,132
93,870
630
-
-
93,240
107,121
111,390
630
1,128,513
909,372
Provision for depreciation and impairment |
50,380
-
43,685
6,695
-
Charge for year
24,057
210
10,457
13,390
-
74,437
210
54,142
20,085
-
909,372
87,036
57,248
420
1,054,076
816,132
100,426
67,705
-
984,263
3. Investments held as fixed assets |
114,080
114,080
114,080
114,080
114,080
114,080
114,080
114,080
4. Trade and other receivables |
2022
2023
41,077
42,758
472,419
383,427
426,185
513,496
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For the year ended 31 October 2023
Raventop Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2022
2023
Bank loans and overdraft (secured) |
-
8,597
8,978
29,946
Taxation and social security |
8,807
10,658
382,877
395,837
400,662
445,038
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
Bank loans and overdraft (secured) |
-
23,310
1,071,030
863,121
1,071,030
886,431
7. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
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