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Company Registration No. 02602886 (England and Wales)
Ravengate Estates Limited Unaudited accounts for the year ended 31 March 2024
Ravengate Estates Limited Unaudited accounts Contents
Page
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Ravengate Estates Limited Company Information for the year ended 31 March 2024
Directors
Mr Nilesh Patel Mr Mukesh Patel
Secretary
Parag Patel
Company Number
02602886 (England and Wales)
Registered Office
3rd Floor Vyman House 104 College Road Harrow Middlesex HA1 1BQ
Accountants
RMR Partnership LLP 3rd Floor, Vyman House 104 College Road Harrow Middlesex HA1 1BQ
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Ravengate Estates Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,736,035 
2,692,056 
Current assets
Debtors
1,956,772 
1,970,151 
Cash at bank and in hand
37,145 
63,739 
1,993,917 
2,033,890 
Creditors: amounts falling due within one year
(143,685)
(143,710)
Net current assets
1,850,232 
1,890,180 
Total assets less current liabilities
4,586,267 
4,582,236 
Creditors: amounts falling due after more than one year
(2,406,250)
(2,431,250)
Net assets
2,180,017 
2,150,986 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
1,407,003 
1,407,003 
Profit and loss account
772,914 
743,883 
Shareholders' funds
2,180,017 
2,150,986 
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 December 2024 and were signed on its behalf by
Mr Nilesh Patel Director Company Registration No. 02602886
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Ravengate Estates Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Ravengate Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 02602886. The registered office is 3rd Floor Vyman House, 104 College Road, Harrow, Middlesex, HA1 1BQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2023
2,692,056 
Additions
43,979 
At 31 March 2024
2,736,035 
Depreciation
At 31 March 2024
- 
Net book value
At 31 March 2024
2,736,035 
At 31 March 2023
2,692,056 
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Ravengate Estates Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
1,956,772 
1,970,151 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
6,840 
Taxes and social security
40,510 
33,700 
Other creditors
101,000 
101,000 
Accruals
2,175 
2,170 
143,685 
143,710 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,406,250 
2,431,250 
8
Transactions with related parties
No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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