Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseNo description of principal activity11truetruefalse SC581704 2023-04-01 2024-03-31 SC581704 2022-04-01 2023-03-31 SC581704 2024-03-31 SC581704 2023-03-31 SC581704 c:Director1 2023-04-01 2024-03-31 SC581704 c:RegisteredOffice 2023-04-01 2024-03-31 SC581704 d:CurrentFinancialInstruments 2024-03-31 SC581704 d:CurrentFinancialInstruments 2023-03-31 SC581704 d:Non-currentFinancialInstruments 2024-03-31 SC581704 d:Non-currentFinancialInstruments 2023-03-31 SC581704 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC581704 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC581704 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 SC581704 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 SC581704 d:ShareCapital 2024-03-31 SC581704 d:ShareCapital 2023-03-31 SC581704 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC581704 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC581704 c:OrdinaryShareClass2 2023-04-01 2024-03-31 SC581704 c:OrdinaryShareClass2 2024-03-31 SC581704 c:OrdinaryShareClass2 2023-03-31 SC581704 c:OrdinaryShareClass3 2023-04-01 2024-03-31 SC581704 c:OrdinaryShareClass3 2024-03-31 SC581704 c:OrdinaryShareClass3 2023-03-31 SC581704 c:OrdinaryShareClass4 2023-04-01 2024-03-31 SC581704 c:OrdinaryShareClass4 2024-03-31 SC581704 c:OrdinaryShareClass4 2023-03-31 SC581704 c:FRS102 2023-04-01 2024-03-31 SC581704 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC581704 c:FullAccounts 2023-04-01 2024-03-31 SC581704 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC581704 2 2023-04-01 2024-03-31 SC581704 6 2023-04-01 2024-03-31 SC581704 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC581704










REAVLEY GROUP LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
REAVLEY GROUP LIMITED
 

COMPANY INFORMATION


DIRECTOR
J S Reavley 




REGISTERED NUMBER
SC581704



REGISTERED OFFICE
Westby
64 West High Street

Forfar

Angus

DD8 1BJ




ACCOUNTANTS
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
REAVLEY GROUP LIMITED
REGISTERED NUMBER: SC581704

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
£
£

FIXED ASSETS
  

Investments
 4 
200
200

  
200
200

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
2,313,105
2,313,123

Cash at bank and in hand
  
75,296
348,396

  
2,388,401
2,661,519

Creditors: amounts falling due within one year
 6 
(543,706)
(1,335,784)

NET CURRENT ASSETS
  
 
 
1,844,695
 
 
1,325,735

TOTAL ASSETS LESS CURRENT LIABILITIES
  
1,844,895
1,325,935

Creditors: amounts falling due after more than one year
  
(11,422)
-

  

NET ASSETS
  
1,833,473
1,325,935


CAPITAL AND RESERVES
  

Called up share capital 
 8 
200
200

Profit and loss account
  
1,833,273
1,325,735

  
1,833,473
1,325,935


Page 1

 
REAVLEY GROUP LIMITED
REGISTERED NUMBER: SC581704

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 September 2024.




J S Reavley
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
REAVLEY GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


GENERAL INFORMATION

Reavley Group Limited is a private limited company limited by shares incorporated in Scotland.  The registered office is Westby, 64 West High Street, Forfar, Angus, DD8 1BJ and the Company registration number is SC581704. The principal place of business is 125 Nethergate, Dundee, DD1 1DW.
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £. 

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

EXEMPTION FROM PREPARING CONSOLIDATED FINANCIAL STATEMENTS

The Company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

BORROWING COSTS

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.7

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 3

 
REAVLEY GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.8

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


EMPLOYEES




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
REAVLEY GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


FIXED ASSET INVESTMENTS





Unlisted investments

£



COST OR VALUATION


At 1 April 2023
200



At 31 March 2024
200





5.


DEBTORS

2024
2023
£
£


Amounts owed by group undertakings
2,313,105
2,313,123

2,313,105
2,313,123



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank loans
10,000
31,422

Amounts owed to group undertakings
326,879
532,261

Other creditors
205,027
770,301

Accruals and deferred income
1,800
1,800

543,706
1,335,784



7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
11,422
-

11,422
-


Page 5

 
REAVLEY GROUP LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1,990 (2022 - 01,990) Ordinary A shares of £0.10 each
199.00
199.00
5 (2022 - 05) Ordinary B shares of £0.10 each
0.50
0.50
5 (2022 - 05) Ordinary C shares of £0.10 each
0.50
0.50

200.00

200.00



Page 6