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REGISTERED NUMBER: 09845706 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

REVIVE PROPERTY INVESTMENTS AND
DEVELOPMENTS LIMITED

REVIVE PROPERTY INVESTMENTS AND
DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09845706)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Statement of Financial Position 1 to 2

Notes to the Financial Statements 3 to 6


REVIVE PROPERTY INVESTMENTS AND
DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09845706)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Investment property 4 780,001 754,001

CURRENT ASSETS
Debtors 5 2,196 2,939
Cash at bank 5,580 4,622
7,776 7,561
CREDITORS
Amounts falling due within one year 6 (228,802 ) (230,040 )
NET CURRENT LIABILITIES (221,026 ) (222,479 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

558,975

531,522

CREDITORS
Amounts falling due after more than one
year

7

(422,821

)

(415,040

)

PROVISIONS FOR LIABILITIES (28,854 ) (19,875 )
NET ASSETS 107,300 96,607

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 123,005 112,484
Retained earnings (15,805 ) (15,977 )
107,300 96,607

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

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

The directors acknowledge their 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.

REVIVE PROPERTY INVESTMENTS AND
DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09845706)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 November 2024 and were signed on its behalf by:





S Rimmer - Director


REVIVE PROPERTY INVESTMENTS AND
DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09845706)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Revive Property Investments and Developments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09845706

Registered office: 3 County Road
Walton
Liverpool
L4 3QA

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Significant judgements

(a) Valuation of investment properties

The investment property is stated in the balance sheet at fair value, based on the valuation performed by the directors. The directors are of the opinion that the year-end valuation is not materially different to current market price observed.

Revenue recognition
Turnover is measured at the fair value of the rent received or receivable, excluding discounts, rebates 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.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.


REVIVE PROPERTY INVESTMENTS AND
DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09845706)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The directors consider that the company is a going concern and will continue to provide support to enable it to continue its activities as hitherto.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 May 2023 753,852
Additions 6,500
Revaluations 19,500
At 30 April 2024 779,852
DEPRECIATION
At 1 May 2023
and 30 April 2024 (149 )
NET BOOK VALUE
At 30 April 2024 780,001
At 30 April 2023 754,001

The investment property has been valued by the directors during the year.

REVIVE PROPERTY INVESTMENTS AND
DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09845706)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 2,196 2,939

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 4,691 10,982
Trade creditors 4,080 5,582
Amounts owed to group undertakings 139,735 112,793
Other creditors 80,296 100,683
228,802 230,040

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 422,821 415,040

Amounts falling due in more than five years:

Repayable by instalments
Bank loans over 5 years
payable by instalments 336,173 301,625
Mortgage 64,879 67,818
401,052 369,443

The bank loans are secured by a charge over the company's investment property.

8. RESERVES
Fair
value
reserve
£   
At 1 May 2023 112,484
Revaluation 10,521

At 30 April 2024 123,005

9. RELATED PARTY DISCLOSURES

All transactions undertaken with directors are deemed to be conducted under normal market conditions and/or are not material.

REVIVE PROPERTY INVESTMENTS AND
DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09845706)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


10. ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is Revive Property Holdings Limited, a company registered in
England and Wales, by virtue of their 100% shareholding in the company.