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Company Registration No. 10268692 (England and Wales)
RAV ASSOCIATES LIMITED Unaudited accounts for the year ended 30 June 2025
RAV ASSOCIATES LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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RAV ASSOCIATES LIMITED Company Information for the year ended 30 June 2025
Director
Mr R Vella
Secretary
C F Lee
Company Number
10268692 (England and Wales)
Registered Office
39 HORSESHOE CLOSE BOURNE END HEMEL HEMPSTEAD HERTS HP1 2DY ENGLAND
Accountants
Kaushik Khiroya, AFA LMK ACCOUNTING LTD THE GATEHOUSE GATEHOUSE WAY AYLESBURY HP19 8DB
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RAV ASSOCIATES LIMITED Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
201
302
Current assets
Cash at bank and in hand
19,269
21,846
Creditors: amounts falling due within one year
5
(17,208)
(16,737)
Net current assets
2,061
5,109
Net assets
2,262
5,411
Capital and reserves
Called up share capital
100
100
Profit and loss account
2,162
5,311
Shareholders' funds
2,262
5,411
For the year ending 30 June 2025 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 director acknowledges his 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 and authorised for issue on 18 November 2025 and were signed on its behalf by
Mr R Vella Director Company Registration No. 10268692
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RAV ASSOCIATES LIMITED Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
RAV ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10268692. The registered office is 39 HORSESHOE CLOSE, BOURNE END, HEMEL HEMPSTEAD, HERTS, HP1 2DY, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
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:
Plant & machinery
Reducing balance - 33.33%
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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RAV ASSOCIATES LIMITED Notes to the Accounts for the year ended 30 June 2025
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 July 2024
1,885
At 30 June 2025
1,885
Depreciation
At 1 July 2024
1,583
Charge for the year
101
At 30 June 2025
1,684
Net book value
At 30 June 2025
201
At 30 June 2024
302
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
14,959
14,705
Loans from directors
2,069
1,852
Accruals
180
180
17,208
16,737
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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