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REGISTERED NUMBER: 03390327 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Ravenjet Limited

Ravenjet Limited (Registered number: 03390327)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ravenjet Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mrs C M Halsall





SECRETARY: Mrs A M Brooks





REGISTERED OFFICE: Three Counties House
18a Victoria Street
Dunstable
Bedfordshire
LU6 3BA





REGISTERED NUMBER: 03390327 (England and Wales)






Ravenjet Limited (Registered number: 03390327)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 140,000 160,000

CURRENT ASSETS
Debtors 5 - 665
Cash at bank 6,556 3,421
6,556 4,086
CREDITORS
Amounts falling due within one year 6 32,616 24,851
NET CURRENT LIABILITIES (26,060 ) (20,765 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

113,940

139,235

PROVISIONS FOR LIABILITIES 16,602 20,402
NET ASSETS 97,338 118,833

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 28,940 28,940
Fair value reserve 7 72,201 92,201
Retained earnings (4,803 ) (3,308 )
SHAREHOLDERS' FUNDS 97,338 118,833

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Ravenjet Limited (Registered number: 03390327)

Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 September 2024 and were signed by:





Mrs C M Halsall - Director


Ravenjet Limited (Registered number: 03390327)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Ravenjet Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 160,000
Revaluations (20,000 )
At 30 June 2024 140,000
NET BOOK VALUE
At 30 June 2024 140,000
At 30 June 2023 160,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2017 132,500
Valuation in 2019 8,500
Valuation in 2020 4,000
Valuation in 2021 7,500
Valuation in 2022 1,250
Valuation in 2023 6,250
Valuation in 2024 (20,000 )
140,000

Ravenjet Limited (Registered number: 03390327)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INVESTMENT PROPERTY - continued

If 35 Old Parr had not been revalued it would have been included at the following historical cost:

30.6.24 30.6.23
£    £   
Cost 52,622 52,622

Investment property was valued on an open market basis on 30 June 2024 by SJB Property Management Agency .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors - 665

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Taxation and social security (277 ) 277
Other creditors 32,893 24,574
32,616 24,851

7. RESERVES
Fair
value
reserve
£   
At 1 July 2023 92,201
Profit & loss transfer (20,000 )

At 30 June 2024 72,201