Company Registration No. 09234557 (England and Wales)
Ravan Construction Limited
Unaudited accounts
for the year ended 30 September 2024
Ravan Construction Limited
Unaudited accounts
Contents
Ravan Construction Limited
Company Information
for the year ended 30 September 2024
Company Number
09234557 (England and Wales)
Registered Office
24 SPRINGWOOD CLOSE
BROWNEY
DURHAM
DH7 8LD
Ravan Construction Limited
Statement of financial position
as at 30 September 2024
Tangible assets
255,500
350,952
Cash at bank and in hand
82,373
85,635
Creditors: amounts falling due within one year
(211,721)
(164,226)
Net current liabilities
(112,562)
(51,928)
Total assets less current liabilities
142,938
299,024
Creditors: amounts falling due after more than one year
(124,298)
(234,680)
Provisions for liabilities
Deferred tax
(9,168)
(15,200)
Called up share capital
100
100
Profit and loss account
9,372
49,044
Shareholders' funds
9,472
49,144
For the year ending 30 September 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 18 June 2025 and were signed on its behalf by
Anthony Turner
Director
Company Registration No. 09234557
Ravan Construction Limited
Notes to the Accounts
for the year ended 30 September 2024
Ravan Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 09234557. The registered office is 24 SPRINGWOOD CLOSE, BROWNEY, DURHAM, DH7 8LD.
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:
Computer equipment
3 years
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Ravan Construction Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
543,402
112,750
2,321
658,473
Disposals
(114,019)
(31,127)
(2,321)
(147,467)
At 30 September 2024
429,383
81,623
-
511,006
At 1 October 2023
235,440
69,760
2,321
307,521
Charge for the year
62,372
15,638
-
78,010
On disposals
(103,519)
(24,185)
(2,321)
(130,025)
At 30 September 2024
194,293
61,213
-
255,506
At 30 September 2024
235,090
20,410
-
255,500
At 30 September 2023
307,962
42,990
-
350,952
Amounts falling due within one year
Trade debtors
10,910
1,998
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
14,650
10,000
Obligations under finance leases and hire purchase contracts
56,214
91,092
Taxes and social security
73,534
18,927
Other creditors
65,827
15,195
Loans from directors
355
26,661
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
95,992
216,347
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).