REVIVE POS LTD

Company Registration Number:
12052920 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

REVIVE POS LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

REVIVE POS LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 37,129 2,685
Total fixed assets: 37,129 2,685
Current assets
Debtors: 4 855 155
Cash at bank and in hand: 599,850 142,567
Total current assets: 600,705 142,722
Creditors: amounts falling due within one year: 5 (263,446) (26,122)
Net current assets (liabilities): 337,259 116,600
Total assets less current liabilities: 374,388 119,285
Creditors: amounts falling due after more than one year: 6 (8,901) (4,550)
Total net assets (liabilities): 365,487 114,735
Capital and reserves
Called up share capital: 1,581 100
Other reserves: 226,209 88,513
Profit and loss account: 137,697 26,122
Shareholders funds: 365,487 114,735

The notes form part of these financial statements

REVIVE POS LTD

Balance sheet statements

For the year ending 30 June 2024 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 October 2024
and signed on behalf of the board by:

Name: Kenneth John Knox WHOMSLEY
Status: Director

The notes form part of these financial statements

REVIVE POS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

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

Other accounting policies

REVIVE POS LTD hereinafter referred to as the company is registered with companies house with registration no 12052920 with WHOMSLEY, Kenneth John Knox as the sole director. The company provides construction installation services through its director and other contractors and employee to its customers for revenue generation. The financial statement has been prepared under the historical cost convention and in accordance with the financial Reporting Standard for Smaller Entities (effective January (2016)

REVIVE POS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 11 3

This is the wages paid to the Employee and sub-contractors that provided services during the period. Split Sub-Contracting work to other professional 620,696 Employee 43,440

REVIVE POS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 10,396
Additions 38,233
At 30 June 2024 48,629
Depreciation
At 01 July 2023 7,711
Charge for year 3,789
At 30 June 2024 11,500
Net book value
At 30 June 2024 37,129
At 30 June 2023 2,685

This is the figure reported at the end of the financial year. The company purchased 3 Van during the year. 2 were fully paid and the third was taking out on loan. The Van has been classed as PPE. and offset appropriately. Property, plant and equipment (PPE) are the long-term tangible assets that are shown on the balance sheet of the company. The company recognizes an asset as an item of PPE when the asset has a useful life for more than one year and it is used for production or supply of goods or services, for rental to others, or for administrative purposes. Property, plant and equipment include land, building, machinery, vehicles, office equipment and furniture, etc. The company records an item of property, plant and equipment initially at its cost in the accounting record. It includes all costs that necessary to bring the asset to the working condition that it can be used as intended. The cost of an item of PPE includes purchased price, import duties, and the costs to get assets to the location and condition ready to use such as transportation and installation cost, etc

REVIVE POS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 855 155

The debt have already been deducted before arriving at the Directors wages . Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at the amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts

REVIVE POS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

Payment made to HM Custom and Revenue These payments are all short term creditors. Short term creditors are measured at transaction price (which is usually the invoice price). The other creditor is the loan repaid to the Director. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

REVIVE POS LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due after more than one year note

This is the outstanding balance left in the van purchased during the year