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REGISTERED NUMBER: 04487119 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

REVELBROOK LIMITED

REVELBROOK LIMITED (Registered number: 04487119)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


REVELBROOK LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTOR: I D C Gaman





REGISTERED OFFICE: Fir Grove, Bramshott Court
Tunbridge Lane
Bramshott
Liphook
Hampshire
GU30 7RG





REGISTERED NUMBER: 04487119 (England and Wales)





ACCOUNTANTS: WHITTINGTONS
Chartered Accountants
1 High Street
Guildford
Surrey
GU2 4HP

REVELBROOK LIMITED (Registered number: 04487119)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 518,000 518,000

CURRENT ASSETS
Debtors 5 3,606 3,133
Cash at bank 12,938 7,641
16,544 10,774
CREDITORS
Amounts falling due within one year 6 173,274 194,905
NET CURRENT LIABILITIES (156,730 ) (184,131 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

361,270

333,869

PROVISIONS FOR LIABILITIES 8 49,559 49,559
NET ASSETS 311,711 284,310

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 229,487 229,487
Retained earnings 9 82,124 54,723
311,711 284,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 November 2024 and were signed by:





I D C Gaman - Director


REVELBROOK LIMITED (Registered number: 04487119)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

REVELBROOK LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Long leasehold - not provided
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Freehold Long Computer
property leasehold equipment Totals
£    £    £    £   
COST OR VALUATION
At 1 April 2023
and 31 March 2024 158,000 360,000 412 518,412
DEPRECIATION
At 1 April 2023
and 31 March 2024 - - 412 412
NET BOOK VALUE
At 31 March 2024 158,000 360,000 - 518,000
At 31 March 2023 158,000 360,000 - 518,000

REVELBROOK LIMITED (Registered number: 04487119)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 March 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2012 172,835 - 172,835
Valuation in 2016 35,000 - 35,000
Valuation in 2017 21,000 - 21,000
Valuation in 2018 14,000 - 14,000
Valuation in 2019 18,000 - 18,000
Cost 257,165 412 257,577
518,000 412 518,412

If properties had not been revalued they would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 257,162 257,162

Properties were valued on an open market basis on 31 March 2019 by the director. .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 3,606 3,133

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts - 2,145
Tax 6,428 6,474
Directors' current accounts 165,766 185,253
Accrued expenses 1,080 1,033
173,274 194,905

7. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans - 2,145

8. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 49,559 49,559

REVELBROOK LIMITED (Registered number: 04487119)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 49,559
Balance at 31 March 2024 49,559

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2023 54,723 229,487 284,210
Profit for the year 27,401 27,401
At 31 March 2024 82,124 229,487 311,611