REGISTERED NUMBER: 06367523 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

OLD RAVEN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr. C A Branfield

Mr. J Mathew

REGISTERED OFFICE:

Ground Floor Marlborough House

298 Regents Park Road

London

N3 2SZ

REGISTERED NUMBER:

06367523 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,362,937

4,388,051

4,362,937

4,388,051

CURRENT ASSETS

Debtors

6

3,554,118

3,315,371

Cash at bank and in hand

275,578

175,913

3,829,696

3,491,284

CREDITORS

Amounts falling due within one year

7

373,053

316,571

NET CURRENT ASSETS

3,456,643

3,174,713

TOTAL ASSETS LESS CURRENT LIABILITIES

7,819,580

7,562,764

CREDITORS

Amounts falling due after more than one year

8

(1,242,489

)

(1,335,435

)

PROVISIONS FOR LIABILITIES

(13,019

)

(19,298

)

NET ASSETS

6,564,072

6,208,031

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

10

6,564,071

6,208,030

SHAREHOLDERS' FUNDS

6,564,072

6,208,031

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 December 2025 and were signed on its behalf by:

Mr. C A Branfield - Director

1.	STATUTORY INFORMATION

Old Raven 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold - No depreciation

Plant & Machinery - 25% on straight line

Fixtures & Fittings - 25% on straight line

Computer Equipment - 25% on straight line

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 40 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

398,365

AMORTISATION

At 1 April 2024

and 31 March 2025

398,365

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Office

and

Computer

property

Equipment

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

4,310,859

97,844

253,268

50,759

4,712,730

Additions

-

4,110

12,942

-

17,052

At 31 March 2025

4,310,859

101,954

266,210

50,759

4,729,782

DEPRECIATION

At 1 April 2024

-

60,255

213,665

50,759

324,679

Charge for year

-

18,710

23,456

-

42,166

At 31 March 2025

-

78,965

237,121

50,759

366,845

NET BOOK VALUE

At 31 March 2025

4,310,859

22,989

29,089

-

4,362,937

At 31 March 2024

4,310,859

37,589

39,603

-

4,388,051

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

109,069

147,588

Amounts owed by group undertakings

3,397,068

3,136,402

Other debtors

2,909

-

Prepayments and accrued income

45,072

31,381

3,554,118

3,315,371

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

92,946

89,381

Trade creditors

54,581

33,678

Social security and other taxes

57,520

37,117

Other creditors

6,245

17,854

Accruals and deferred income

161,761

138,541

373,053

316,571

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Lloyds Loan 1-2 Yrs

96,659

92,946

Lloyds Loan 3-5 Yrs

313,623

301,586

Lloyds Loan > 5 Yrs

832,207

940,903

1,242,489

1,335,435

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

Ordinary shares

£1

1

1

10.

RESERVES

Retained

earnings

£

At 1 April 2024

6,208,030

Profit for the year

356,041

At 31 March 2025

6,564,071