Registered Number:03105738 |
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2023
B-Rev Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
B-Rev Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
3,290
2,003
2
3,290
2,003
127,872
97,133
3
Trade and other receivables |
2,924
2,384
4
2,479
Cash and cash equivalents |
19,949
119,466
133,275
Trade and other payables: amounts falling due within one year |
(259,294)
(257,307)
5
(126,019)
(137,841)
Net current liabilities
Total assets less current liabilities |
(134,551)
(124,016)
Trade and other payables: amounts falling due after more than one |
year |
(33,333)
(23,333)
6
(157,884)
Net liabilities
(157,349)
4
4
(157,888)
(157,353)
(157,884)
(157,349)
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 director acknowledges his 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. |
These financial statements were approved and authorised for issue by the Board on 30 July 2024 and were signed by: |
The notes form part of these financial statements |
1 of 4
For the year ended 31 October 2023
B-Rev Limited
Notes to the Financial Statements
Statutory Information
B-Rev Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 03105738. |
Home Farm
Aldenham Road
Elstree
Hertfordshire
WD6 3AZ
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. |
The financial statements have also been prepared on a going concern basis. The company's ongoing activities are dependent |
upon the continued support of the director who has undertaken to provide such support for the foreseeable future. |
If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their |
recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long |
term liabilities as current liabilities. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Tangible fixed assets 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: |
Leasehold properties
Computer equipment
Fixtures, fittings & equipt
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account. |
2 of 4
For the year ended 31 October 2023
B-Rev Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Fixtures, fittings |
& equipt |
45,649
14,742
23,405
7,502
2,240
350
1,890
-
7,502
25,295
15,092
47,889
Provision for depreciation and impairment |
43,646
14,459
21,685
7,502
Charge for year
953
211
742
-
44,599
14,670
22,427
7,502
-
2,868
422
3,290
-
1,720
283
2,003
2022
2023
97,133
127,872
4. Trade and other receivables |
2022
2023
2,384
2,655
-
269
2,924
2,384
5. Trade and other payables: amounts falling due within one year |
2022
2023
10,000
19,563
3,995
3,571
Taxation and social security |
2,944
3,775
240,368
232,385
257,307
259,294
3 of 4
For the year ended 31 October 2023
B-Rev Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
23,333
33,333
7. Related party transactions |
The company is controlled by its director, Mr Kozo Fujiwara, by virtue of his 100% shareholding in the company.
8. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
4 of 4