Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01false2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2falsefalse 11313418 2023-05-01 2024-04-30 11313418 2022-05-01 2023-04-30 11313418 2024-04-30 11313418 2023-04-30 11313418 c:Director1 2023-05-01 2024-04-30 11313418 d:CurrentFinancialInstruments 2024-04-30 11313418 d:CurrentFinancialInstruments 2023-04-30 11313418 d:Non-currentFinancialInstruments 2024-04-30 11313418 d:Non-currentFinancialInstruments 2023-04-30 11313418 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11313418 c:FullAccounts 2023-05-01 2024-04-30 11313418 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11313418 c:Micro-entities 2023-05-01 2024-04-30 11313418 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 11313418










RAVAL PROPERTY LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
RAVAL PROPERTY LTD
REGISTERED NUMBER: 11313418

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
£
£


Fixed assets
862,937
880,915

Current assets
10,895
24,002

Creditors: amounts falling due within one year
(15,153)
(9,277)

Net current (liabilities)/assets
 
 
(4,258)
 
 
14,725

Total assets less current liabilities
858,679
895,640

Creditors: amounts falling due after more than one year
(867,818)
(914,038)


Net liabilities
(9,139)
(18,398)

Difference to be cleared
(1)
1


Capital and reserves
(9,140)
(18,397)


Notes


General information

Raval Property Ltd is a private company, limited by share capital incorporated in England and Wales under registration number: 11313418. The address of the registered office is Level 5A, Maple House, 149 Tottenham Court Road, London W1T 7NF.


Average number of employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 1

 
RAVAL PROPERTY LTD
REGISTERED NUMBER: 11313418
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 January 2025.

Mr D B Raval
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
RAVAL PROPERTY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 105 the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
1.2

Going concern

The financial statements have been prepared on the assumption that the company will have the continued financial support of the shareholders. The shareholders of the company have sufficient resources to finance the company as and when the need arises.
The financial statements have been prepared on a going concern basis which is dependent on the financial support of the shareholders to ensure that the company will continue in operational existence for the foreseeable future.

 
1.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
RAVAL PROPERTY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.Accounting policies (continued)

 
1.6

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


2.


Controlling party

The company was under the control of Mr D Raval (76% share) and Mrs R Raval (24% share) by virtue of the fact that they own 100% of the issued share capital.

 
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