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REGISTERED NUMBER: 05522933 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

RAVENWORKS LIMITED

| RAVENWORKS LIMITED (REGISTERED NUMBER: 05522933) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 July 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| RAVENWORKS LIMITED |

COMPANY INFORMATION

for the Year Ended 31 July 2025

| DIRECTOR: | J R Barclay

| SECRETARY: | Mrs C L Barclay

| REGISTERED OFFICE: | 10 London Mews

| London

| W2 1HY

| REGISTERED NUMBER: | 05522933 (England and Wales)

| ACCOUNTANTS: | Stein Richards

| Chartered Accountants

| 10 London Mews

| Paddington

| LONDON

| W2 1HY

| RAVENWORKS LIMITED (REGISTERED NUMBER: 05522933) |

BALANCE SHEET

31 July 2025

| 31.7.25 | 31.7.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 4 |  | 6 |  |

4 |  | 6 |  |

CURRENT ASSETS

Cash at bank | 304 |  | 313 |  |

CREDITORS

Amounts falling due within one year | 6 | 564,190 |  | 495,332 |  |

NET CURRENT LIABILITIES | (563,886 | ) | (495,019 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (563,882 | ) | (495,013 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (563,982 | ) | (495,113 | ) |

SHAREHOLDERS' FUNDS | (563,882 | ) | (495,013 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 9 July 2026 and were signed by:

J R Barclay - Director

| RAVENWORKS LIMITED (REGISTERED NUMBER: 05522933) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 July 2025

1. | STATUTORY INFORMATION

| Ravenworks 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.

| At the balance sheet date the company has a net deficit and is reliant on the continued support of its creditors. The director considers the going concern basis to be appropriate and therefore the financial statements do not include any adjustments that might result from the withdrawal of support from its creditors.

| Turnover

| Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates. Turnover is in respect of royalties received. The following criteria must also be met before revenue is recognised:

| Rendering of services

| Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

| - the amount of revenue can be measured reliably;

| - it is probable that the Company will receive the consideration due under the contract; and

| - the costs incurred and the costs to complete the contract can be measured reliably.

| Goodwill

| Goodwill is measured at cost less accumulated amortisation and any accumulated impairment losses.

| Amortisation is charged so as to allocate the cost of goodwill less the residual value over the estimated useful life. Goodwill is amortised over the useful economic life of 10 years.

| Financial instruments

| The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and loans to related parties.

| The basic financial debtors and liabilities as listed above are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future payments / receipts discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment. An impairment review is undertaken annually at the balance sheet date.

| 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 2 (2024 - 2 ) .

| RAVENWORKS LIMITED (REGISTERED NUMBER: 05522933) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 July 2025

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 August 2024

| and 31 July 2025 | 100,000 |  |

| AMORTISATION

| At 1 August 2024

| and 31 July 2025 | 100,000 |  |

| NET BOOK VALUE

| At 31 July 2025 | - |  |

| At 31 July 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 August 2024

| and 31 July 2025 | 2,868 |  | 3,166 |  | 6,034 |  |

| DEPRECIATION

| At 1 August 2024 | 2,862 |  | 3,166 |  | 6,028 |  |

| Charge for year | 2 |  | - |  | 2 |  |

| At 31 July 2025 | 2,864 |  | 3,166 |  | 6,030 |  |

| NET BOOK VALUE

| At 31 July 2025 | 4 |  | - |  | 4 |  |

| At 31 July 2024 | 6 |  | - |  | 6 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.7.25 |  | 31.7.24

£ | £ |

| Trade creditors | 432 |  | 144 |  |

| Taxation and social security | (318 | ) | (318 | ) |

| Other creditors | 564,076 |  | 495,506 |  |

564,190 |  | 495,332 |  |

| RAVENWORKS LIMITED (REGISTERED NUMBER: 05522933) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 July 2025

7. | RELATED PARTY DISCLOSURES

| During the year, the director of the company advanced the company loans of £68,570 (2024: £63,420) and was repaid loans of £Nil (2024: £Nil)

| At the balance sheet date the company owed the director £562,469 (2024: £493,899). This is included in other creditors.

| Loans are repayable on demand.