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REGISTERED NUMBER: 08454141 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Reviewo Limited

Reviewo Limited (Registered number: 08454141)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Reviewo Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mrs L A Stevens
C Stevens





REGISTERED OFFICE: 5 Stonemill Rise
Appley Bridge
Wigan
Lancashire
WN6 9BH





REGISTERED NUMBER: 08454141 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Chartered Accountants
Reedham House
31 King Street West
Manchester
M3 2PJ

Reviewo Limited (Registered number: 08454141)

Balance Sheet
31 July 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 49,104 62,791
Investment property 6 803,616 803,616
852,720 866,407

CURRENT ASSETS
Debtors 7 17,628 64,928
Cash at bank 1,577 7,754
19,205 72,682
CREDITORS
Amounts falling due within one year 8 (518,904 ) (639,620 )
NET CURRENT LIABILITIES (499,699 ) (566,938 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

353,021

299,469

CREDITORS
Amounts falling due after more than one
year

9

(53,193

)

(63,995

)

PROVISIONS FOR LIABILITIES (12,276 ) -
NET ASSETS 287,552 235,474

CAPITAL AND RESERVES
Called up share capital 340 340
Share premium 99,880 99,880
Capital redemption reserve 60 60
Retained earnings 187,272 135,194
287,552 235,474

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Reviewo Limited (Registered number: 08454141)

Balance Sheet - continued
31 July 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2025 and were signed on its behalf by:





C Stevens - Director


Reviewo Limited (Registered number: 08454141)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Reviewo Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on cost

Tangible fixed assets are recorded at cost less accumulated depreciation and accumulated impairment losses.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Reviewo Limited (Registered number: 08454141)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Going concern
The company's financial statements for the year ended 31 July 2024 have been prepared on a going concern basis as, after making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 August 2023
and 31 July 2024 32,590
AMORTISATION
At 1 August 2023
and 31 July 2024 32,590
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 69,465 7,646 77,111
DEPRECIATION
At 1 August 2023 8,683 5,637 14,320
Charge for year 12,157 1,530 13,687
At 31 July 2024 20,840 7,167 28,007
NET BOOK VALUE
At 31 July 2024 48,625 479 49,104
At 31 July 2023 60,782 2,009 62,791

Reviewo Limited (Registered number: 08454141)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 August 2023
and 31 July 2024 69,465
DEPRECIATION
At 1 August 2023 8,683
Charge for year 12,157
At 31 July 2024 20,840
NET BOOK VALUE
At 31 July 2024 48,625
At 31 July 2023 60,782

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 803,616
NET BOOK VALUE
At 31 July 2024 803,616
At 31 July 2023 803,616

The directors consider that the market value of the property not to be materially different from the value stated in the financial statements at 31 July 2024.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 17,628 64,928

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,500 1,500
Hire purchase contracts 10,052 9,317
Trade creditors 4,518 4,611
Taxation and social security 20,606 8,531
Other creditors 482,228 615,661
518,904 639,620

Reviewo Limited (Registered number: 08454141)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 10,250 11,000
Hire purchase contracts 42,943 52,995
53,193 63,995

10. RELATED PARTY DISCLOSURES

Other debtors include £17,628 (2023: £17,628) was due from a company in which the director of this company is also a director. The balance is interest free and repayable on demand.

Other creditors include £480,529(2023: £565,091) due to a companies in which the director of this company is also a director.These balances are interest free and repayable on demand.