Company Registration No. 10711581 (England and Wales)
RAVIZ UK LTD
Unaudited accounts
for the year ended 30 April 2024
RAVIZ UK LTD
Unaudited accounts
Contents
RAVIZ UK LTD
Company Information
for the year ended 30 April 2024
Director
Ravindran Nair Binuraj
Company Number
10711581 (England and Wales)
Registered Office
8-9 Jeffries Passage
Guildford
Surrey
GU1 4AP
RAVIZ UK LTD
Statement of financial position
as at 30 April 2024
Intangible assets
65,450
68,850
Tangible assets
51,571
54,510
Cash at bank and in hand
12,453
78,106
Creditors: amounts falling due within one year
(24,602)
(47,304)
Net current (liabilities)/assets
(712)
35,541
Total assets less current liabilities
116,309
158,901
Creditors: amounts falling due after more than one year
(28,966)
(59,028)
Called up share capital
1
1
Profit and loss account
87,342
99,872
Shareholders' funds
87,343
99,873
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 23 January 2025 and were signed on its behalf by
Ravindran Nair Binuraj
Director
Company Registration No. 10711581
RAVIZ UK LTD
Notes to the Accounts
for the year ended 30 April 2024
RAVIZ UK LTD is a private company, limited by shares, registered in England and Wales, registration number 10711581. The registered office is 8-9 Jeffries Passage, Guildford, Surrey, GU1 4AP.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
RAVIZ UK LTD
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
47,526
19,135
5,000
2,458
74,119
At 30 April 2024
47,526
19,135
5,000
2,458
74,119
At 1 May 2023
4,568
11,786
3,146
109
19,609
Charge for the year
859
1,323
334
423
2,939
At 30 April 2024
5,427
13,109
3,480
532
22,548
At 30 April 2024
42,099
6,026
1,520
1,926
51,571
At 30 April 2023
42,958
7,349
1,854
2,349
54,510
Amounts falling due within one year
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,150
5,998
Taxes and social security
496
19,734
Other creditors
6,873
5,587
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
-
24,651
The UK Government have provided a 100% guarantee on the Bounce Back Loan Scheme (BBLS), borrowings obtained from HSBC bank during the year
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).