Registered number
13999169
RC Vivawell Limited
Filleted Accounts
31 March 2024
RC Vivawell Limited
Registered number: 13999169
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 11,643 4,925
Current assets
Stocks 3,000 1,750
Debtors 4 641 234
Cash at bank and in hand 23,982 2,415
27,623 4,399
Creditors: amounts falling due within one year 5 (27,445) (4,074)
Net current assets 178 325
Net assets 11,821 5,250
Capital and reserves
Called up share capital 100 100
Profit and loss account 11,721 5,150
Shareholder's funds 11,821 5,250
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs R Binelli Campos
Director
Approved by the board on 27 August 2024
RC Vivawell Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and equipment 20% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 6,156
Additions 9,630
At 31 March 2024 15,786
Depreciation
At 1 April 2023 1,231
Charge for the year 2,912
At 31 March 2024 4,143
Net book value
At 31 March 2024 11,643
At 31 March 2023 4,925
4 Debtors 2024 2023
£ £
Other debtors 641 234
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 4,888 518
Taxation and social security costs 3,038 -
Other creditors 19,519 3,556
27,445 4,074
6 Other information
RC Vivawell Limited is a private company limited by shares and incorporated in England. Its registered office is:
Demar House, 14 Church Road
East Wittering
Chichester
West Sussex
PO20 8PS
RC Vivawell Limited 13999169 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts October 2023 release 2 Mrs R Binelli Campos No description of principal activity 13999169 2022-03-23 2023-03-31 13999169 core:WithinOneYear 2023-03-31 13999169 core:ShareCapital 2023-03-31 13999169 core:RetainedEarningsAccumulatedLosses 2023-03-31 13999169 2023-04-01 2024-03-31 13999169 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13999169 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13999169 bus:Director40 2023-04-01 2024-03-31 13999169 1 2023-04-01 2024-03-31 13999169 2 2023-04-01 2024-03-31 13999169 core:PlantMachinery 2023-04-01 2024-03-31 13999169 countries:England 2023-04-01 2024-03-31 13999169 bus:FRS102 2023-04-01 2024-03-31 13999169 bus:FullAccounts 2023-04-01 2024-03-31 13999169 2024-03-31 13999169 core:WithinOneYear 2024-03-31 13999169 core:ShareCapital 2024-03-31 13999169 core:RetainedEarningsAccumulatedLosses 2024-03-31 13999169 core:PlantMachinery 2024-03-31 13999169 2023-03-31 13999169 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure