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Company Registration No. 11692503 (England and Wales)
RV Pharma Ltd Unaudited accounts for the year ended 30 November 2024
RV Pharma Ltd Unaudited accounts Contents
Page
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RV Pharma Ltd Company Information for the year ended 30 November 2024
Directors
Niravkumar Ramanlal Patel Ankitabahen Niravkumar Patel
Company Number
11692503 (England and Wales)
Registered Office
4 HERRIOTTS LANE WELLINGBOROUGH NN8 4PT ENGLAND
Accountants
BPACL Accountancy Services Limited 83 Cowley Hill Borehamwood Hertfordshire WD6 5NA
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RV Pharma Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
400,000 
400,000 
Tangible assets
192,951 
186,855 
592,951 
586,855 
Current assets
Inventories
26,540 
28,775 
Debtors
441,845 
445,897 
Cash at bank and in hand
71,473 
90,665 
539,858 
565,337 
Creditors: amounts falling due within one year
(318,708)
(398,400)
Net current assets
221,150 
166,937 
Total assets less current liabilities
814,101 
753,792 
Creditors: amounts falling due after more than one year
(397,868)
(428,733)
Provisions for liabilities
Deferred tax
(6,215)
(9,315)
Net assets
410,018 
315,744 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
410,016 
315,742 
Shareholders' funds
410,018 
315,744 
For the year ending 30 November 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 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 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 of Directors and authorised for issue on 30 August 2025 and were signed on its behalf by
Niravkumar Ramanlal Patel Director Company Registration No. 11692503
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RV Pharma Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
RV Pharma Ltd is a private company, limited by shares, registered in England and Wales, registration number 11692503. The registered office is 4 HERRIOTTS LANE, WELLINGBOROUGH, NN8 4PT, ENGLAND.
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:
Motor vehicles
25% Reducing Balance Method
Fixtures & fittings
25% Reducing Balance Method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost. No amortisation provided.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2023
400,000 
At 30 November 2024
400,000 
Amortisation
At 1 December 2023
- 
At 30 November 2024
- 
Net book value
At 30 November 2024
400,000 
At 30 November 2023
400,000 
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RV Pharma Ltd Notes to the Accounts for the year ended 30 November 2024
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2023
149,595 
56,784 
17,158 
223,537 
Additions
- 
17,356 
3,192 
20,548 
At 30 November 2024
149,595 
74,140 
20,350 
244,085 
Depreciation
At 1 December 2023
- 
25,236 
11,446 
36,682 
Charge for the year
- 
12,226 
2,226 
14,452 
At 30 November 2024
- 
37,462 
13,672 
51,134 
Net book value
At 30 November 2024
149,595 
36,678 
6,678 
192,951 
At 30 November 2023
149,595 
31,548 
5,712 
186,855 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
15,703 
29,111 
Trade debtors
138,587 
110,256 
Accrued income and prepayments
3,919 
1,894 
158,209 
141,261 
Amounts falling due after more than one year
Other debtors
283,636 
304,636 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
51,081 
46,752 
Obligations under finance leases and hire purchase contracts
12,147 
12,147 
Trade creditors
130,545 
147,241 
Taxes and social security
34,124 
26,507 
Other creditors
- 
1,017 
Loans from directors
89,831 
163,705 
Accruals
980 
1,031 
318,708 
398,400 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
396,856 
415,573 
Obligations under finance leases and hire purchase contracts
1,012 
13,160 
397,868 
428,733 
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RV Pharma Ltd Notes to the Accounts for the year ended 30 November 2024
9
Guarantees provided on behalf of directors
1. Persons entitled: Wesleyan Bank Limited Brief description: For full details see security assignment deed. The life insurance policy provided by legal and general assurance society limited to the company insuring the life of niravkumar patel and ankitabahen patel with policy number 0230009078. Contains negative pledge. 2. Persons entitled: Wesleyan Bank Limited Brief description: For full details see debenture deed. All the assets, property and undertaking for the time being subject to the security created by, or pursuant to the debenture deed. Contains fixed charge. Contains floating charge. Floating charge covers all the property or undertaking of the company. Contains negative pledge. 3. Persons entitled: Wesleyan Bank Limited Brief description: 4 herriotts lane wellingborough NN8 4PT. Contains fixed charge. Contains floating charge. Floating charge covers all the property or undertaking of the company.
10
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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