The Raven Kitchen Ltd 15242252 false 2023-10-27 2025-03-31 2025-03-31 The principal activity of the company is 10850 - Manufacture of prepared meals and dishes Digita Accounts Production Advanced 6.30.9574.0 true true 15242252 2023-10-27 2025-03-31 15242252 2025-03-31 15242252 core:CurrentFinancialInstruments 2025-03-31 15242252 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 15242252 core:FurnitureFittings 2025-03-31 15242252 core:LandBuildings core:OwnedOrFreeholdAssets 2025-03-31 15242252 core:MotorVehicles 2025-03-31 15242252 core:OfficeEquipment 2025-03-31 15242252 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2025-03-31 15242252 bus:SmallEntities 2023-10-27 2025-03-31 15242252 bus:AuditExemptWithAccountantsReport 2023-10-27 2025-03-31 15242252 bus:FilletedAccounts 2023-10-27 2025-03-31 15242252 bus:SmallCompaniesRegimeForAccounts 2023-10-27 2025-03-31 15242252 bus:RegisteredOffice 2023-10-27 2025-03-31 15242252 bus:Director1 2023-10-27 2025-03-31 15242252 bus:PrivateLimitedCompanyLtd 2023-10-27 2025-03-31 15242252 core:FurnitureFittings 2023-10-27 2025-03-31 15242252 core:LandBuildings 2023-10-27 2025-03-31 15242252 core:LandBuildings core:OwnedOrFreeholdAssets 2023-10-27 2025-03-31 15242252 core:MotorVehicles 2023-10-27 2025-03-31 15242252 core:OfficeEquipment 2023-10-27 2025-03-31 15242252 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-10-27 2025-03-31 15242252 countries:AllCountries 2023-10-27 2025-03-31 iso4217:GBP xbrli:pure

Registration number: 15242252

The Raven Kitchen Ltd

Annual Report and Unaudited Financial Statements

for the Period from 27 October 2023 to 31 March 2025

 

The Raven Kitchen Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 6

 

The Raven Kitchen Ltd

(Registration number: 15242252)
Balance Sheet as at 31 March 2025

Note

2025
£

Fixed assets

 

Tangible assets

4

23,229

Current assets

 

Stocks

5

6,523

Debtors

6

8,772

Cash at bank and in hand

 

5,066

 

20,361

Creditors: Amounts falling due within one year

7

(212,118)

Net current liabilities

 

(191,757)

Net liabilities

 

(168,528)

Capital and reserves

 

Called up share capital

10

Retained earnings

(168,538)

Shareholders' deficit

 

(168,528)

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 July 2025
 

Mr R Humphris
Director

   
     
 

The Raven Kitchen Ltd

Notes to the Unaudited Financial Statements for the Period from 27 October 2023 to 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in Englnd & Wales.

The address of its registered office is:
7 Queen Street
Bath
BA1 1HE

These financial statements were authorised for issue by the director on 24 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

The company has net liabilities of £168,528 at the balance sheet date, the director confirms their ongoing support for the 12 months from date of signing and therefore these financal statements have been prepared on a going concern basis.

 

The Raven Kitchen Ltd

Notes to the Unaudited Financial Statements for the Period from 27 October 2023 to 31 March 2025

Revenue recognition

Revenue comprises the fair value of the consideration received or receivable for the sale of goods and for the provision of services in the ordinary course of the company’s activities. Revenue is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue for the sale of goods when all the following conditions are satisfied:
a) the significant risks and rewards of ownership have been transferred to the buyer;
b) the group retains no continuing involvement or control over the goods;
c) the amount of revenue can be reliably measured;
d) it is probable that future economic benefits will flow to the company; and
e) specific criteria have been met for each of the groups activities.

The company recognises revenue from the provision of services in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
a) the amount of revenue can be reliably measured;
b) it is probable that future economic benefit will flow to the company;
c) the stage of completion of the contract at the end of the reporting period can be reliably measured; and
d) the costs incurred and the costs to complete the contract can be reliably measured.
 

Tangible assets

Tangible assets are stated in the Balance Sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold land & buildings

Land - 0%, Buildings - 5% SL

Motor vehicles

20% SL

Office equipment

20% SL

Fixtures, fittings and equipment

20% SL

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

The Raven Kitchen Ltd

Notes to the Unaudited Financial Statements for the Period from 27 October 2023 to 31 March 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividends and other distributions to the equity holders of the company are recognised as a liability in the statement of changes in equity in the period in which the dividend and other distributions are approved by the shareholders.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period was 10.

 

The Raven Kitchen Ltd

Notes to the Unaudited Financial Statements for the Period from 27 October 2023 to 31 March 2025

4

Tangible assets

Freehold land and buildings
£

Furniture, fittings and equipment
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

Additions

13,766

306

298

9,500

23,870

At 31 March 2025

13,766

306

298

9,500

23,870

Depreciation

Charge for the period

152

9

5

475

641

At 31 March 2025

152

9

5

475

641

Carrying amount

At 31 March 2025

13,614

297

293

9,025

23,229

Included within the net book value of land and buildings above is £13,614 in respect of freehold land and buildings.
 

 

The Raven Kitchen Ltd

Notes to the Unaudited Financial Statements for the Period from 27 October 2023 to 31 March 2025

5

Stocks

2025
£

Stock

6,523

6

Debtors

2025
£

Other debtors

6,227

Prepayments

2,545

8,772

7

Creditors

Due within one year

Note

2025
£

 

Trade creditors

 

35,761

Amounts due to related parties

8

167,291

Social security and other taxes

 

6,342

Other creditors

 

224

Accruals

 

2,500

 

212,118

8

Related party transactions

Loans from related parties

2025

Entities with joint control or significant influence
£

Total
£

Advanced

167,291

167,291

At end of period

167,291

167,291

Terms of loans from related parties

The loan from an entity with joint control has been provided interest free and is repayable on demand.