2023-01-01 13107002 2023-12-31 13107002 2023-01-01 2023-12-31 13107002 2022-12-31 13107002 2022-01-01 2022-12-31 13107002 uk-core:WithinOneYear 2022-12-31 13107002 uk-core:WithinOneYear 2023-12-31 13107002 uk-core:AfterOneYear 2022-12-31 13107002 uk-core:AfterOneYear 2023-12-31 13107002 uk-core:ShareCapital 2023-12-31 13107002 uk-core:ShareCapital 2022-12-31 13107002 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 13107002 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 13107002 uk-bus:Director1 2023-01-01 2023-12-31 13107002 uk-core:InvestmentPropertyIncludedWithinPPE 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure 13107002 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13107002 uk-bus:FRS102 2023-01-01 2023-12-31 13107002 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 13107002 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Ravenclaw Limited
Registered Number:13107002
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Ravenclaw Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
13107002
As at 31 December 2023
Ravenclaw Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
2
720,266
720,266
Investment property
720,266
720,266
Current assets
Trade and other receivables
100
25,210
3
25,067
Cash and cash equivalents
22,407
47,617
25,167
Trade and other payables: amounts falling due within one
year
(7,710)
(10,402)
4
17,457
37,215
Net current assets
Total assets less current liabilities
757,481
737,723
Trade and other payables: amounts falling due after more
than one year
(710,000)
(709,627)
5
47,854
Net assets
27,723
Capital and reserves
Called up share capital
100
100
Retained earnings
47,754
27,623
47,854
27,723
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Muhammad Iqbal Director
These financial statements were approved and authorised for issue by the Board on 20 September 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Ravenclaw Limited
Notes to the Financial Statements
Statutory Information
Ravenclaw Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 13107002.
Registered address:
Unit 7 & 8 Magreal Industrial Estate
Freeth Street
Birmingham
B16 0QZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents rent receivable and is measured at the fair value of the rent received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
0 % Per annum on cost
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.
2. Investment property
Total
£
Fair value
At 01 January 2023
720,266
At 31 December 2023
720,266
Net book value
At 31 December 2023
720,266
At 31 December 2022
720,266
3. Trade and other receivables
2022
2023
£
£
Other debtors
25,210
100
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5
For the year ended 31 December 2023
Ravenclaw Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
4,722
6,479
Other creditors
5,680
1,231
10,402
7,710
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
709,627
710,000
6. Average number of persons employed
During the year the average number of employees was 0
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