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Registered number: 12273844
Ravine Management Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Aston Shaw Ltd (Norwich)
The Union Building
51-59 Rose Lane
Norwich
NR1 1BY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12273844
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,687,844 3,407,772
3,687,844 3,407,772
CURRENT ASSETS
Debtors 5 68,450 26,602
Cash at bank and in hand 14,709 15,054
83,159 41,656
Creditors: Amounts Falling Due Within One Year 6 (42,881 ) (1,475,536 )
NET CURRENT ASSETS (LIABILITIES) 40,278 (1,433,880 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,728,122 1,973,892
Creditors: Amounts Falling Due After More Than One Year 7 (4,209,875 ) (2,527,530 )
NET LIABILITIES (481,753 ) (553,638 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (481,853 ) (553,738 )
SHAREHOLDERS' FUNDS (481,753) (553,638)
Page 1
Page 2
For the year ending 31 October 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Shelina Rudd
Director
31/10/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ravine Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12273844 . The registered office is 12 Saviles Close, Eaton Ford, St. Neots, PE19 7GD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Property 2% on cost
Leasehold Improvements 2% on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: NIL)
2 -
4. Tangible Assets
Land & Property
Freehold Property Leasehold Improvements Total
£ £ £
Cost
As at 1 November 2023 2,773,507 1,522,437 4,295,944
Additions - 1,174,762 1,174,762
Disposals (456,263 ) (530,552 ) (986,815 )
As at 31 October 2024 2,317,244 2,166,647 4,483,891
Depreciation
As at 1 November 2023 888,172 - 888,172
Provided during the period 46,345 23,365 69,710
Disposals (161,835 ) - (161,835 )
As at 31 October 2024 772,682 23,365 796,047
Net Book Value
As at 31 October 2024 1,544,562 2,143,282 3,687,844
As at 1 November 2023 1,885,335 1,522,437 3,407,772
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 68,450 26,602
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 39,806 1,421,526
Other creditors 3,075 54,010
42,881 1,475,536
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 2,032,485 542,673
Amounts owed to participating interests 2,177,390 1,984,857
4,209,875 2,527,530
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4