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
Luxury Ravenswood Limited
Company Information
for the year ended 31 August 2024
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
Luxury Ravenswood Limited
Statement of financial position
as at 31 August 2024
Investment property
-
2,950,000
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)
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
Luxury Ravenswood Limited
Notes to the Accounts
for the year ended 31 August 2024
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.
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.
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.
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.
Fair value at 1 September 2023
2,950,000
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
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
7,788
2,104,390
Luxury Ravenswood Limited
Notes to the Accounts
for the year ended 31 August 2024
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).