REVIEW BROS LTD

Company Registration Number:
13047854 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

REVIEW BROS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

REVIEW BROS LTD

Company Information

for the Period Ended 30 November 2023




Director: Arron Garrick O'Grady
Craig Marc Joyce
Registered office: 71-75
Shelton Street
London
Greater London
GBR
WC2H 9JQ
Company Registration Number: 13047854 (England and Wales)

REVIEW BROS LTD

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,000 2,000
Total fixed assets: 1,000 2,000
Current assets
Cash at bank and in hand: 10,525 10,000
Total current assets: 10,525 10,000
Prepayments and accrued income: 1,506
Creditors: amounts falling due within one year: ( 8,044 ) ( 5,182 )
Net current assets (liabilities): 2,481 6,324
Total assets less current liabilities: 3,481 8,324
Provision for liabilities: ( 190 ) ( 380 )
Accruals and deferred income: ( 422 ) ( 272 )
Total net assets (liabilities): 2,869 7,672

The notes form part of these financial statements

REVIEW BROS LTD

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 2,867 7,670
Shareholders funds: 2,869 7,672

For the year ending 30 November 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 29 August 2024
And Signed On Behalf Of The Board By:

Name: Arron Garrick O'Grady
Status: Director

The notes form part of these financial statements

REVIEW BROS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
    Fixtures and fittings - 25% straight line
    Equipment - 25% straight line

    Other accounting policies

    Taxation The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

REVIEW BROS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

REVIEW BROS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

REVIEW BROS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible Assets

Total
Cost £
At 01 December 2022 4,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2023 4,000
Depreciation
At 01 December 2022 2,000
Charge for year 1,000
On disposals -
Other adjustments -
At 30 November 2023 3,000
Net book value
At 30 November 2023 1,000
At 30 November 2022 2,000

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.