Company Registration No. 7997430 (England and Wales)
Reviva Softworks Ltd
Unaudited accounts
for the year ended 31 March 2025
Reviva Softworks Ltd
Company Information
for the year ended 31 March 2025
Directors
Jules Goldberg
Vanessa Myriam Mortiaux
Company Number
7997430 (England and Wales)
Registered Office
10C Printing House Yard
Hackney Rd
London
E2 7PR
UK
Accountants
Barnes & Scott
86-90 Paul Street
London
EC2A 4NE
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Reviva Softworks Ltd for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Reviva Softworks Ltd for the year ended
31 March 2025 as set out on pages
5 -
9 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Reviva Softworks Ltd, as a body, in accordance with the terms of our engagement letter dated 18 March 2016. Our work has been undertaken solely to prepare for your approval the accounts of Reviva Softworks Ltd and state those matters that we have agreed to state to the Board of Directors of Reviva Softworks Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Reviva Softworks Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Reviva Softworks Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Reviva Softworks Ltd. You consider that Reviva Softworks Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Reviva Softworks Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Barnes & Scott
Chartered Accountants
86-90 Paul Street
London
EC2A 4NE
2 December 2025
Reviva Softworks Ltd
Statement of financial position
as at 31 March 2025
Intangible assets
118,672
52,425
Tangible assets
805,493
42,956
Cash at bank and in hand
2,011,860
1,806,718
Creditors: amounts falling due within one year
(451,774)
(301,908)
Net current assets
2,022,216
1,939,159
Total assets less current liabilities
2,946,381
2,034,540
Provisions for liabilities
Net assets
2,933,642
2,034,540
Called up share capital
10
10
Profit and loss account
2,933,632
2,034,530
Shareholders' funds
2,933,642
2,034,540
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by
Jules Goldberg
Director
Company Registration No. 7997430
Reviva Softworks Ltd
Notes to the Accounts
for the year ended 31 March 2025
Reviva Softworks Ltd is a private company, limited by shares, registered in England and Wales, registration number 7997430. The registered office is 10C Printing House Yard, Hackney Rd, London, E2 7PR, UK.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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.
Development expenditure is written off in the same year unless the directors are satisfied as to the technical, commercial and financial viability of individual projects. In this situation, the expenditure is deferred and amortised over the period from which the Company is expected to benefit.
Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.
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:
Land & buildings
20 years straight line
Fixtures & fittings
4 years straight line
Computer equipment
4 years straight line
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.
Reviva Softworks Ltd
Notes to the Accounts
for the year ended 31 March 2025
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation over a useful life of 10 years.
Taxation represents the sum of tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
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.
4
Intangible fixed assets
Other
Reviva Softworks Ltd
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
-
117,093
117,093
Additions
742,119
62,355
804,474
At 31 March 2025
742,119
179,448
921,567
At 1 April 2024
-
74,137
74,137
Charge for the year
14,642
27,295
41,937
At 31 March 2025
14,642
101,432
116,074
At 31 March 2025
727,477
78,016
805,493
At 31 March 2024
-
42,956
42,956
Amounts falling due within one year
Accrued income and prepayments
404,131
350,666
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
29,843
19,137
Amounts owed to group undertakings and other participating interests
171,594
172,027
Taxes and social security
206,406
23,466
Other creditors
2,504
28,452
Loans from directors
4,955
955
At year end, an amount of £4,955 (2024: £955) was owed to the director of the company. The directors loan account is non-interest bearing and repayable on demand.
Allotted, called up and fully paid:
9 Ordinary A shares of £1 each
9
9
1 Ordinary B shares of £1 each
1
1
Reviva Softworks Ltd
Notes to the Accounts
for the year ended 31 March 2025
9
Operating lease commitments
2025
2024
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
-
74,000
At year end, £4,955 was owed by the company to the directors (2024: £955).
The parent company is Reviva Softworks Group Ltd, having its registered office at 10c Printing House Yard, Hackney Road, London, United Kingdom, E2 7PR
12
Average number of employees
During the year the average number of employees was 10 (2024: 9).