Revell Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03277773 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

REVELL HOLDINGS LIMITED

Page

Balance sheet

1

Notes to the financial statements

3

Fixed assets

Tangible assets

4

32,096

65,987

Current assets

Debtors

5

31,788

15,445

Cash at bank

2,581

1,610

34,369

17,055

Creditors

Amounts falling due within one year

6

59,476

52,762

Net current liabilities

(25,107

)

(35,707

)

Total assets less current liabilities

6,989

30,280

Creditors

Amounts falling due after more than one year

7

(5,036

)

(18,819

)

Provisions for liabilities

10

(2,365

)

(2,143

)

Net (liabilities)/assets

(412

)

9,318

Capital and reserves

Called up share capital

11

1,001

Retained earnings

(1,413

)

8,317

Shareholders' funds

(412

)

9,318

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 November 2025 and were signed on its behalf by:

Mr T J Revell - Director

1.	Statutory information

Revell Holdings Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 03277773. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is Jubilee Farm, Burts Lane, Mannington, Wimborne, Dorset, BH21 7JX.

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.

The Company has made a loss during the year and has a deficiency of assets at the year end of £412. The Company is dependent upon the continued support of its director. The director has confirmed their support of the Company over the next 12 months, in order that it can meet its day to day working capital requirements

Turnover

Turnover represents income receivable from the hire of equipment, net of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

20% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Tangible fixed assets

Fixtures

Short

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

Cost

At 1 May 2024

226,197

77,689

4,305

40,007

348,198

Additions

-

9,010

-

9,010

Disposals

-

(23,157

)

(23,157

)

At 30 April 2025

226,197

86,699

4,305

16,850

334,051

Depreciation

At 1 May 2024

168,334

69,874

3,996

40,007

282,211

Charge for year

35,228

7,518

155

-

42,901

Eliminated on disposal

-

(23,157

)

(23,157

)

At 30 April 2025

203,562

77,392

4,151

16,850

301,955

Net book value

At 30 April 2025

22,635

9,307

154

-

32,096

At 30 April 2024

57,863

7,815

309

-

65,987

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

Cost

At 1 May 2024

and 30 April 2025

15,000

Depreciation

At 1 May 2024

12,000

Charge for year

3,000

At 30 April 2025

15,000

Net book value

At 30 April 2025

-

At 30 April 2024

3,000

5.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

8,380

11,213

Other debtors

2,534

VAT

-

861

Prepayments

20,874

837

31,788

15,445

6.

Creditors: amounts falling due within one year

2025

2024

£

Bank loans and overdrafts

2,200

Hire purchase contracts (see note 8)

11,584

23,774

Trade creditors

701

-

Tax

31,107

13,509

VAT

1,864

-

Other creditors

400

1,600

Directors' current accounts

-

61

Accruals and deferred income

11,620

11,618

59,476

52,762

7.

Creditors: amounts falling due after more than one year

2025

2024

£

Bank loans - 1-2 years

183

2,200

Bank loans - 2-5 years

-

183

Hire purchase contracts (see note 8)

4,853

16,436

5,036

18,819

8.	Leasing agreements

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

Net obligations repayable:

Within one year

11,584

23,774

Between one and five years

4,853

16,436

16,437

40,210

9.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

Hire purchase contracts

16,437

40,210

Hire purchase contracts are secured on the assets to which they relate.

10.	Provisions for liabilities

2025

2024

£

Deferred tax

2,365

2,143

Deferred

tax

£

Balance at 1 May 2024

2,143

Charge to Income statement during year

222

Balance at 30 April 2025

2,365

11.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1,000

Ordinary

£1

1,000

1

"A" Ordinary

£1

1

1,001

12.	Ultimate controlling party

The ultimate controlling party is Mr G Revell by virtue of his majority ownership of the voting share capital of the company.