Registration number: 09794153

Revivalist Furniture Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Revivalist Furniture Limited

Company Information

Directors

Mr Richard James Wilson Mr Guy Simon Bostock

Company secretary

Mr Jason Duane Evans

Registered office

Unit 15A J3 Business Park Balby Carr Bank Doncaster South Yorkshire DN4 8DE

Accountants

Atkinson Evans Limited Chartered Certified AccountantsThe Old Drill Hall 10 Arnot Hill Road Arnold Nottingham Nottinghamshire NG5 6LJ

Revivalist Furniture Limited

(Registration number: 09794153)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	-	1,039
Tangible assets	5	613	772
		613	1,811
Current assets
Stocks	6	211,430	343,917
Debtors	7	2,199,439	1,189,946
Cash at bank and in hand		279,161	196,229
		2,690,030	1,730,092
Creditors: Amounts falling due within one year	8	(1,666,472)	(950,909)
Net current assets		1,023,558	779,183
Total assets less current liabilities		1,024,171	780,994
Provisions for liabilities		(153)	(344)
Net assets		1,024,018	780,650
Capital and reserves
Called up share capital	9	2	2
Retained earnings		1,024,016	780,648
Shareholders' funds		1,024,018	780,650

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 September 2025 and signed on its behalf by:
 

......................................... Mr Richard James Wilson Director

Revivalist Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 15A J3 Business Park
Balby Carr Bank
Doncaster
South Yorkshire
DN4 8DE
United Kingdom

These financial statements were authorised for issue by the Board on 19 September 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.

Revenue recognition

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

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Revivalist Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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
Fixtures and Fittings	20% Reducing Balance

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website	20% Straight Line

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.

Trade 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.

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 inventories 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.

Revivalist Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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.

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 directors) during the year, was 0 (2023 - 0).

Revivalist Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Intangible assets

	Website costs  £	Total £
Cost or valuation
At 1 January 2024	8,936	8,936
At 31 December 2024	8,936	8,936
Amortisation
At 1 January 2024	7,897	7,897
Amortisation charge	1,039	1,039
At 31 December 2024	8,936	8,936
Carrying amount
At 31 December 2024	-	-
At 31 December 2023	1,039	1,039

5	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 January 2024	2,120	2,120
At 31 December 2024	2,120	2,120
Depreciation
At 1 January 2024	1,348	1,348
Charge for the year	159	159
At 31 December 2024	1,507	1,507
Carrying amount
At 31 December 2024	613	613
At 31 December 2023	772	772

6

Stocks

	2024 £	2023 £
Raw materials and consumables	183,982	298,928
Work in progress	27,448	44,989
	211,430	343,917

Revivalist Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7

Debtors

Current	2024 £	2023 £
Trade debtors	2,185,444	1,169,886
Prepayments	13,995	20,060
	2,199,439	1,189,946

8

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	1,239,348	278,338
Taxation and social security	125,924	146,441
Accruals and deferred income	15,268	3,242
Other creditors	285,932	522,888
	1,666,472	950,909

9	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary of £1 each	2	2	2	2

10	Related party transactions

Summary of transactions with other related parties

Concorde BGW Limited, a company under common control
During the current and previous financial periods:
Revivalist Furniture Limited sold goods to Concorde BGW Limited at market value.
Revivalist Furniture Limited purchased goods from Concorde BGW Limited at market value.
Concorde BGW Limited provided an Inter-company Loan to Revivalist Furniture Limited.
Concorde BGW Limited recharged wages, employers national insurance and employers pension contributions to Revivalist Furniture Limited for Concorde BGW Limited employees seconded to Revivalist Furniture Limited.
The inter-company Loan has no fixed repayment terms, no fixed repayment date and no interest is charged.

Revivalist Furniture Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Income and receivables from related parties

2024	Other related parties £
Sale of goods	2,302,232
Amounts receivable from related party	2,302,232

2023	Other related parties £
Sale of goods	1,360,681
Amounts receivable from related party	1,361,241

Expenditure with and payables to related parties

2024	Other related parties £
Purchase of goods	772,610
Amounts payable to related party	958,682

2023	Other related parties £
Purchase of goods	42,418
Amounts payable to related party	22,440

Loans from related parties

2024	Other related parties £	Total £
At start of period	521,260	521,260
Repaid	(237,164)	(237,164)
At end of period	284,096	284,096

2023	Other related parties £	Total £
At start of period	386,532	386,532
Advanced	134,728	134,728
At end of period	521,260	521,260