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Company Registration No. 12152374 (England and Wales)
Luxury Ravenswood Limited Unaudited accounts for the year ended 31 August 2024
Luxury Ravenswood Limited Unaudited accounts Contents
Page
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Luxury Ravenswood Limited Company Information for the year ended 31 August 2024
Director
C N Oakes
Company Number
12152374 (England and Wales)
Registered Office
Primary House Spring Gardens Macclesfield Cheshire SK10 2DX United Kingdom
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
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Luxury Ravenswood Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
- 
2,950,000 
Current assets
Cash at bank and in hand
- 
69 
Creditors: amounts falling due within one year
(411,970)
(846,959)
Net current liabilities
(411,970)
(846,890)
Total assets less current liabilities
(411,970)
2,103,110 
Creditors: amounts falling due after more than one year
(7,788)
(2,104,390)
Net liabilities
(419,758)
(1,280)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(419,759)
(1,281)
Shareholders' funds
(419,758)
(1,280)
For the year ending 31 August 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 14 May 2025 and were signed on its behalf by
C N Oakes Director Company Registration No. 12152374
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Luxury Ravenswood Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Luxury Ravenswood Limited is a private company, limited by shares, registered in England and Wales, registration number 12152374. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX, United Kingdom.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Investment property
2024 
£ 
Fair value at 1 September 2023
2,950,000 
Disposals
(2,950,000)
At 31 August 2024
- 
The investment property relates to Ravenswood, 37 Heybridge Lane, Prestbury, Cheshire SK10 4ES
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,929 
10,681 
Amounts owed to group undertakings and other participating interests
397,391 
273,503 
Other creditors
- 
560,125 
Accruals
2,650 
2,650 
411,970 
846,959 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,788 
2,104,390 
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Luxury Ravenswood Limited Notes to the Accounts for the year ended 31 August 2024
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Transactions with related parties
Mr C N Oakes is a the ultimate shareholder and a director in both Luxury Ravenswood Limited and Huntsmere Limited. At the balance sheet date Luxury Ravenwood Limited owed Huntsmere Limited £397,391 ( 2023 - £273,503 ) which is repayable upon demand and subject to interest at a commercial rate.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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