Company Registration No. 11692503 (England and Wales)
RV Pharma Ltd
Unaudited accounts
for the year ended 30 November 2023
RV Pharma Ltd
Unaudited accounts
Contents
RV Pharma Ltd
Company Information
for the year ended 30 November 2023
Directors
Niravkumar Ramanlal Patel
Ankitabahen Niravkumar Patel
Company Number
11692503 (England and Wales)
Registered Office
4 HERRIOTTS LANE
WELLINGBOROUGH
NN8 4PT
ENGLAND
Accountants
BPACL Accountancy Services Limited
83 Cowley Hill
Borehamwood
Hertfordshire
WD6 5NA
RV Pharma Ltd
Statement of financial position
as at 30 November 2023
Intangible assets
400,000
400,000
Tangible assets
186,855
198,288
Cash at bank and in hand
90,665
299,831
Creditors: amounts falling due within one year
(398,400)
(360,803)
Net current assets
166,937
129,936
Total assets less current liabilities
753,792
728,224
Creditors: amounts falling due after more than one year
(428,733)
(454,973)
Provisions for liabilities
Deferred tax
(9,315)
(12,173)
Net assets
315,744
261,078
Called up share capital
2
2
Profit and loss account
315,742
261,076
Shareholders' funds
315,744
261,078
For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 August 2024 and were signed on its behalf by
Niravkumar Ramanlal Patel
Director
Company Registration No. 11692503
RV Pharma Ltd
Notes to the Accounts
for the year ended 30 November 2023
RV Pharma Ltd is a private company, limited by shares, registered in England and Wales, registration number 11692503. The registered office is 4 HERRIOTTS LANE, WELLINGBOROUGH, NN8 4PT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance Method
Fixtures & fittings
25% Reducing Balance Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost. No amortisation provided.
4
Intangible fixed assets
Goodwill
At 1 December 2022
400,000
At 30 November 2023
400,000
At 30 November 2023
400,000
At 30 November 2022
400,000
RV Pharma Ltd
Notes to the Accounts
for the year ended 30 November 2023
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
149,595
56,784
16,171
222,550
At 30 November 2023
149,595
56,784
17,158
223,537
At 1 December 2022
-
14,720
9,542
24,262
Charge for the year
-
10,516
1,904
12,420
At 30 November 2023
-
25,236
11,446
36,682
At 30 November 2023
149,595
31,548
5,712
186,855
At 30 November 2022
149,595
42,064
6,629
198,288
Amounts falling due within one year
Trade debtors
110,256
126,529
Accrued income and prepayments
1,894
1,544
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
46,752
46,752
Obligations under finance leases and hire purchase contracts
12,147
12,147
Trade creditors
147,241
127,630
Taxes and social security
26,507
40,516
Other creditors
1,017
1,017
Loans from directors
163,705
132,249
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
415,573
429,666
Obligations under finance leases and hire purchase contracts
13,160
25,307
RV Pharma Ltd
Notes to the Accounts
for the year ended 30 November 2023
9
Average number of employees
During the year the average number of employees was 8 (2022: 6).