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Company Registration No. 8161572 (England and Wales)
Raven Global limited Unaudited accounts for the year ended 31 July 2025
Raven Global limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Raven Global limited Company Information for the year ended 31 July 2025
Director
Audrius Varnas
Company Number
8161572 (England and Wales)
Registered Office
Unit 5 Tasker Street West Bromwich B70 0AU United Kingdom
Accountants
Konsus LTD 1st Floor 107 George lane South Woodford ESSEX E18 1AN
- 3 -
Raven Global limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
115,714
91,160
Current assets
Inventories
132,112
217,676
Debtors
5
71,474
138,311
Cash at bank and in hand
146,556
41,109
350,142
397,096
Creditors: amounts falling due within one year
6
(178,022)
(87,114)
Net current assets
172,120
309,982
Total assets less current liabilities
287,834
401,142
Creditors: amounts falling due after more than one year
7
(11,937)
(124,244)
Net assets
275,897
276,898
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
275,896
276,897
Shareholders' funds
275,897
276,898
For the year ending 31 July 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 16 April 2026 and were signed on its behalf by
Audrius Varnas Director Company Registration No. 8161572
- 4 -
Raven Global limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Raven Global limited is a private company, limited by shares, registered in England and Wales, registration number 8161572. The registered office is Unit 5, Tasker Street, West Bromwich, B70 0AU, United Kingdom.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer equipment
25 % reducing balance
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realizable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
- 5 -
Raven Global limited Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2024
85,000
78,945
12,763
14,093
190,801
Additions
-
85,603
-
-
85,603
Disposals
-
(38,950)
-
-
(38,950)
At 31 July 2025
85,000
125,598
12,763
14,093
237,454
Depreciation
At 1 August 2024
59,988
17,737
7,823
14,093
99,641
Charge for the year
9,050
21,713
1,073
-
31,836
On disposals
-
(9,737)
-
-
(9,737)
At 31 July 2025
69,038
29,713
8,896
14,093
121,740
Net book value
At 31 July 2025
15,962
95,885
3,867
-
115,714
At 31 July 2024
25,012
61,208
4,940
-
91,160
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
67,425
132,973
Other debtors
4,049
5,338
71,474
138,311
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
63,588
24,085
Trade creditors
84,247
49,575
Taxes and social security
30,187
13,454
178,022
87,114
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
10,833
20,694
Other creditors
1,104
103,550
11,937
124,244
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
- 6 -
Raven Global limited Notes to the Accounts for the year ended 31 July 2025
9
Average number of employees
During the year the average number of employees was 20 (2024: 20).
- 7 -