Raven Waste Paper Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01638665 (England and Wales)

RAVEN WASTE PAPER COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Baker

M D Baker

SECRETARY:

Mrs C Baker

REGISTERED OFFICE:

Units 8-9 Endeavour Way

Beddington Farm Road

Croydon

Surrey

CR0 4TR

REGISTERED NUMBER:

01638665 (England and Wales)

ACCOUNTANTS:

Hakim Fry

Chartered Accountants

69-71 East Street

Epsom

Surrey

KT17 1BP

FIXED ASSETS

Tangible assets

5

187,736

167,819

Investments

6

100

187,836

167,919

CURRENT ASSETS

Debtors

7

960,508

832,050

Cash at bank

150,587

45,532

1,111,095

877,582

CREDITORS

Amounts falling due within one year

8

468,226

394,458

NET CURRENT ASSETS

642,869

483,124

TOTAL ASSETS LESS CURRENT
LIABILITIES

830,705

651,043

CREDITORS

Amounts falling due after more than one year

9

(39,792

)

(11,716

)

PROVISIONS FOR LIABILITIES

(5,650

)

-

NET ASSETS

785,263

639,327

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

784,263

638,327

SHAREHOLDERS' FUNDS

785,263

639,327

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 15 May 2026 and were signed on its behalf by:

M J Baker - Director

1.	STATUTORY INFORMATION

Raven Waste Paper Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Raven Waste Paper Company Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

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.

Plant and machinery

-

20% on cost and 10% on cost

Motor vehicles

-

20% on cost

Office equipment

-

20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 9 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

vehicles

equipment

Totals

£

COST

At 1 September 2024

778,508

968,000

18,321

1,764,829

Additions

75,395

-

75,395

Disposals

(62,250

)

(32,000

)

-

(94,250

)

At 31 August 2025

791,653

936,000

18,321

1,745,974

DEPRECIATION

At 1 September 2024

613,859

965,650

17,501

1,597,010

Charge for year

35,599

2,350

410

38,359

Eliminated on disposal

(45,131

)

(32,000

)

-

(77,131

)

At 31 August 2025

604,327

936,000

17,911

1,558,238

NET BOOK VALUE

At 31 August 2025

187,326

-

410

187,736

At 31 August 2024

164,649

2,350

820

167,819

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

Plant and

machinery

£

COST

At 1 September 2024

66,950

Additions

75,395

At 31 August 2025

142,345

DEPRECIATION

At 1 September 2024

11,716

Charge for year

10,465

At 31 August 2025

22,181

NET BOOK VALUE

At 31 August 2025

120,164

At 31 August 2024

55,234

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 September 2024

and 31 August 2025

100

NET BOOK VALUE

At 31 August 2025

100

At 31 August 2024

100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Trade debtors

249,191

114,144

Amounts owed by group undertakings

689,178

676,498

Prepayments and accrued income

22,139

41,408

960,508

832,050

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Hire purchase contracts

36,848

20,085

Trade creditors

126,477

86,509

Social security and other taxes

38,539

9,892

VAT

8,445

21,657

Other creditors

10,445

10,095

Directors' current accounts

239,071

Accruals and deferred income

8,401

7,149

468,226

394,458

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.8.25

31.8.24

£

Hire purchase contracts

39,792

11,716

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included under other creditors, an amount of £116,270 (2024: £116,270) owed to M J Baker and an amount of £112,801 (2024: £112,801) owed to M D Baker. Both are directors and shareholders of the company. These are interest free loan and payable on demand.

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors by virtue of their shareholdings.