Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 12527949 Mr Gareth Gillatt Mr Mahmudur Khan Mr Adam Walsh Raw International Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12527949 2023-03-31 12527949 2024-03-31 12527949 2023-04-01 2024-03-31 12527949 frs-core:CurrentFinancialInstruments 2024-03-31 12527949 frs-core:SharePremium 2024-03-31 12527949 frs-core:ShareCapital 2024-03-31 12527949 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12527949 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12527949 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 12527949 frs-bus:SmallEntities 2023-04-01 2024-03-31 12527949 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12527949 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12527949 1 2023-04-01 2024-03-31 12527949 frs-core:CostValuation 2023-03-31 12527949 frs-core:CostValuation 2024-03-31 12527949 frs-core:ProvisionsForImpairmentInvestments 2023-03-31 12527949 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 12527949 frs-bus:Director1 2023-04-01 2024-03-31 12527949 frs-bus:Director2 2023-04-01 2024-03-31 12527949 frs-bus:Director3 2023-04-01 2024-03-31 12527949 frs-countries:EnglandWales 2023-04-01 2024-03-31 12527949 2022-03-31 12527949 2023-03-31 12527949 2022-04-01 2023-03-31 12527949 frs-core:CurrentFinancialInstruments 2023-03-31 12527949 frs-core:SharePremium 2023-03-31 12527949 frs-core:ShareCapital 2023-03-31 12527949 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 12527949
RAW BRANDS GROUP LIMITED
Financial Statements
For The Year Ended 31 March 2024
Virgate Accounts Ltd
1st Floor Olympus House
Quedgeley
Gloucester
GL2 4NF
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12527949
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 900 900
900 900
CURRENT ASSETS
Stocks 5 15,475 27,040
Debtors 6 192,756 24,609
Cash at bank and in hand 4,888 52
213,119 51,701
Creditors: Amounts Falling Due Within One Year 7 (514,790 ) (15,391 )
NET CURRENT ASSETS (LIABILITIES) (301,671 ) 36,310
TOTAL ASSETS LESS CURRENT LIABILITIES (300,771 ) 37,210
NET (LIABILITIES)/ASSETS (300,771 ) 37,210
CAPITAL AND RESERVES
Called up share capital 8 100 100
Share premium account 500,000 500,000
Profit and Loss Account (800,871 ) (462,890 )
SHAREHOLDERS' FUNDS (300,771) 37,210
Page 1
Page 2
For the year ending 31 March 2024 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gareth Gillatt
Director
07/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
RAW BRANDS GROUP LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 12527949 . The registered office is 1st Floor Olympus House, Quedgeley, Gloucester, GL2 4NF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: NIL)
7 -
4. Investments
Subsidiaries
£
Cost
As at 1 April 2023 900
As at 31 March 2024 900
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 900
As at 1 April 2023 900
5. Stocks
2024 2023
£ £
Stock 15,475 27,040
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,156 -
Prepayments and accrued income 213 -
VAT 1,175 319
Amounts owed by group undertakings 189,212 24,290
192,756 24,609
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 23,924 1,917
Other taxes and social security 87,324 -
Other creditors 32,255 12,774
Amounts owed to subsidiaries 371,287 700
514,790 15,391
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Ultimate Controlling Party
The company's ultimate controlling party is Raw International Limited by virtue of its ownership of 100% of the issued share capital in the company.
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