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Registered number: 12140844
Revolution Property Training Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Optimise Accountants Ltd
Office 15, 2a Bramley House Bramley Road
Long Eaton
Nottingham
NG10 3SX
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12140844
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,598 7,322
6,598 7,322
CURRENT ASSETS
Debtors 5 86,344 120,542
Cash at bank and in hand 31,572 19,697
117,916 140,239
Creditors: Amounts Falling Due Within One Year 6 (18,388 ) (14,117 )
NET CURRENT ASSETS (LIABILITIES) 99,528 126,122
TOTAL ASSETS LESS CURRENT LIABILITIES 106,126 133,444
Creditors: Amounts Falling Due After More Than One Year 7 (38,965 ) (46,159 )
NET ASSETS 67,161 87,285
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 67,061 87,185
SHAREHOLDERS' FUNDS 67,161 87,285
For the year ending 31 January 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Stuart Scott
Director
22/07/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Revolution Property Training Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12140844 . The registered office is 149 Goldstone Crescent, Hove, BN3 6BB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 February 2024 4,920 5,842 10,762
Additions 1,216 257 1,473
As at 31 January 2025 6,136 6,099 12,235
Depreciation
As at 1 February 2024 1,385 2,055 3,440
Provided during the period 1,187 1,010 2,197
As at 31 January 2025 2,572 3,065 5,637
Net Book Value
As at 31 January 2025 3,564 3,034 6,598
As at 1 February 2024 3,535 3,787 7,322
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Page 3
5. Debtors
2025 2024
£ £
Due within one year
Prepayments and accrued income 1,754 1,623
Amounts owed by group undertakings 84,590 118,919
86,344 120,542
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 172 1,487
VAT 5,227 3,488
Other creditors 39 -
Directors' loan accounts 12,950 9,142
18,388 14,117
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 38,965 46,159
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
At the year end, the company was owed £84,590 (2024: 118,919) from it's parent, Unique Spaces Ltd . This amount is loaned interest free, is repayable on demand and is included within Amounts owed by group undertakings falling due within one year.
10. Ultimate Controlling Party Not Known
There is no ultimate controling party due to the share structure of this company's parent being held in equal proportions.
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