ACCOUNTS - Final Accounts

Commitments under operating leases

At 31 December 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Company registration number: 02896833

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	RAVENBOURNE SECURITIES LIMITED


RAVENBOURNE SECURITIES LIMITED

COMPANY INFORMATION

Director	M A Henri


Company secretary	I R Wright


Registered number	02896833


Registered office	The Gardens
	Eye Road
	Hoxne
	Suffolk
	IP21 5AP


Accountants	Menzies LLP
	Chartered Accountants
	Magna House
	18-32 London Road
	Staines-Upon-Thames
	TW18 4BP


RAVENBOURNE SECURITIES LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 6


RAVENBOURNE SECURITIES LIMITED REGISTERED NUMBER:02896833

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Investments	5		17,185		17,185
			17,185		17,185
Current assets
Debtors: amounts falling due within one year	6	1,804,453		1,621,287
Bank and cash balances		432,955		659,525
		2,237,408		2,280,812
Creditors: amounts falling due within one year	7	(124,169)		(84,814)
Net current assets			2,113,239		2,195,998
Total assets less current liabilities			2,130,424		2,213,183

Net assets			2,130,424		2,213,183

Capital and reserves
Called up share capital	10,000	10,000
Capital redemption reserve	3	3
Profit and loss account	2,120,421	2,203,180
	2,130,424	2,213,183

Page 1


RAVENBOURNE SECURITIES LIMITED REGISTERED NUMBER:02896833

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

M A Henri

Director

Date: 4 September 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2


RAVENBOURNE SECURITIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Ravenbourne Securities Limited is a private company limited by shares incorporated in England and Wales. The registered office is given in the company information page of these financial statements.
The financial statements are presented in sterling which is the functional currency of the company and rounded to
the nearest £.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and
the revenue can be reliably measured. Turnover is generated via rents receivable and is measured as the fair
value of the consideration received or receivable, excluding discounts, rebates, value added tax and other
sales taxes.

2.3

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the company in independently administered funds.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3


RAVENBOURNE SECURITIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Fixtures and fittings	-	33% straight line and 20% straight line
				Computer equipment	-	33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each Statement of Financial Position. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each Statement of Financial Position. Gains and losses on remeasurement are recognised in profit or loss for the period.

Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 4


RAVENBOURNE SECURITIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4.	Tangible fixed assets

	Fixtures and fittings	Computer equipment	Total
	£	£	£
Cost or valuation
At 1 January 2024	2,450	2,795	5,245
At 31 December 2024	2,450	2,795	5,245
Depreciation
At 1 January 2024	2,450	2,795	5,245
At 31 December 2024	2,450	2,795	5,245
Net book value
At 31 December 2024	-	-	-
At 31 December 2023	-	-	-

5.	Fixed asset investments

	Investments in subsidiary companies	Other fixed asset investments	Total
	£	£	£
Cost or valuation
At 1 January 2024	53	17,132	17,185
At 31 December 2024	53	17,132	17,185

Debtors

					2024	2023
					£	£


Amounts owed by group undertakings	1,237,976	1,033,284
Other debtors	565,387	587,090
Prepayments and accrued income	1,090	913
	1,804,453	1,621,287

Page 5


RAVENBOURNE SECURITIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

7.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	1,192	219
Amounts owed to group undertakings	1,456	1
Other taxation and social security	4,433	12,880
Other creditors	69,179	67,829
Accruals and deferred income	47,909	3,885
	124,169	84,814

Not later than 1 year	10,149	4,742
Later than 1 year and not later than 5 years	1,539	-
	11,688	4,742

Page 6