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Company Registration No. 05316502 (England and Wales)
Revase Ltd Unaudited accounts for the year ended 31 March 2025
Revase Ltd Unaudited accounts Contents
Page
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Revase Ltd Company Information for the year ended 31 March 2025
Director
Paul Saunders
Company Number
05316502 (England and Wales)
Registered Office
32-34 Hare Street London SE18 6LZ
Accountants
Elite Accountants (London) Limited 717 Green Lanes Winchmore Hill London N21 3RX
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Revase Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
30,566 
5,146 
Current assets
Inventories
186,129 
236,981 
Debtors
55,211 
43,684 
Cash at bank and in hand
12,617 
79,963 
253,957 
360,628 
Creditors: amounts falling due within one year
(51,603)
(83,687)
Net current assets
202,354 
276,941 
Total assets less current liabilities
232,920 
282,087 
Creditors: amounts falling due after more than one year
(24,819)
(30,775)
Net assets
208,101 
251,312 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
207,101 
250,312 
Shareholders' funds
208,101 
251,312 
For the year ending 31 March 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 16 July 2025 and were signed on its behalf by
Paul Saunders Director Company Registration No. 05316502
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Revase Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Revase Ltd is a private company, limited by shares, registered in England and Wales, registration number 05316502. The registered office is 32-34 Hare Street, London, SE18 6LZ.
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.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2024
64,999 
At 31 March 2025
64,999 
Amortisation
At 1 April 2024
64,999 
At 31 March 2025
64,999 
Net book value
At 31 March 2025
- 
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Revase Ltd Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2024
113,465 
Additions
35,610 
At 31 March 2025
149,075 
Depreciation
At 1 April 2024
108,319 
Charge for the year
10,190 
At 31 March 2025
118,509 
Net book value
At 31 March 2025
30,566 
At 31 March 2024
5,146 
6
Average number of employees
During the year the average number of employees was 11 (2024: 10).
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