REGISTERED NUMBER: 10829619 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

RAVING INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr N R Shanahan

SECRETARY:

Mrs E F Shanahan

REGISTERED OFFICE:

3 Pegasus House, Pegasus Court

Olympus Avenue

Warwick

Warwickshire

CV34 6LW

REGISTERED NUMBER:

10829619 (England and Wales)

ACCOUNTANTS:

Pentlands Accountants and advisors Ltd

Chartered Certified Accountants

and Registered Auditors

3 & 4 Pegasus House

Pegasus Court

Olympus Avenue

Warwick

Warwickshire

CV34 6LW

FIXED ASSETS

Intangible assets

4

832,479

832,479

Investments

5

19,855,227

18,352,019

20,687,706

19,184,498

CURRENT ASSETS

Debtors

6

2,168,186

2,138,186

Cash at bank

2,575,320

2,664,544

4,743,506

4,802,730

CREDITORS

Amounts falling due within one year

7

256,357

174,263

NET CURRENT ASSETS

4,487,149

4,628,467

TOTAL ASSETS LESS CURRENT LIABILITIES

25,174,855

23,812,965

CAPITAL AND RESERVES

Called up share capital

150

150

Share premium

7,499,949

7,499,949

Fair value reserve

8

2,228,331

1,019,064

Retained earnings

15,446,425

15,293,802

25,174,855

23,812,965

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

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

The director acknowledges his 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.

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 director and authorised for issue on 22 September 2025 and were signed by:

Mr N R Shanahan - Director

1.	STATUTORY INFORMATION

Raving Investments 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.

Goodwill

Investment in 1 Mill Street, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

832,479

NET BOOK VALUE

At 31 December 2024

832,479

At 31 December 2023

832,479

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 January 2024

2

18,352,017

18,352,019

Additions

-

29,231

29,231

Disposals

-

(5,337

)

(5,337

)

Share of profit/(loss)

-

1,179,844

1,179,844

Dividends received

-

299,470

299,470

At 31 December 2024

2

19,855,225

19,855,227

NET BOOK VALUE

At 31 December 2024

2

19,855,225

19,855,227

At 31 December 2023

2

18,352,017

18,352,019

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

2,168,186

2,138,186

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

579

-

Other creditors

255,778

174,263

256,357

174,263

8.

RESERVES

Fair

value

reserve

£

At 1 January 2024

1,019,064

Gains/losses on investments

1,209,267

At 31 December 2024

2,228,331

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr N R Shanahan.