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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
Page
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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
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RV Pharma Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
400,000 
400,000 
Tangible assets
186,855 
198,288 
586,855 
598,288 
Current assets
Inventories
28,775 
40,840 
Debtors
445,897 
150,068 
Cash at bank and in hand
90,665 
299,831 
565,337 
490,739 
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 
Capital and reserves
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
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RV Pharma Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost. No amortisation provided.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2022
400,000 
At 30 November 2023
400,000 
Amortisation
At 1 December 2022
- 
At 30 November 2023
- 
Net book value
At 30 November 2023
400,000 
At 30 November 2022
400,000 
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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 
Additions
- 
- 
987 
987 
At 30 November 2023
149,595 
56,784 
17,158 
223,537 
Depreciation
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 
Net book value
At 30 November 2023
149,595 
31,548 
5,712 
186,855 
At 30 November 2022
149,595 
42,064 
6,629 
198,288 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
29,111 
21,995 
Trade debtors
110,256 
126,529 
Accrued income and prepayments
1,894 
1,544 
141,261 
150,068 
Amounts falling due after more than one year
Other debtors
304,636 
- 
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 
Accruals
1,031 
492 
398,400 
360,803 
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 
428,733 
454,973 
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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).
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