Ravelle Properties Limited - Accounts to registrar (filleted) - small 18.2
Ravelle Properties Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31st October 2018 |
| for |
| Ravelle Properties Limited |
| Ravelle Properties Limited (Registered number: 05013558) |
| Contents of the Financial Statements |
| for the Year Ended 31st October 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Ravelle Properties Limited |
| Company Information |
| for the Year Ended 31st October 2018 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Adelphi Chambers |
| 30 Hoghton Street |
| Southport |
| PR9 0NZ |
| Ravelle Properties Limited (Registered number: 05013558) |
| Balance Sheet |
| 31st October 2018 |
| 31.10.18 | 31.10.17 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings | 10 |
| SHAREHOLDERS' FUNDS |
| 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. |
| 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 on |
| Ravelle Properties Limited (Registered number: 05013558) |
| Notes to the Financial Statements |
| for the Year Ended 31st October 2018 |
| 1. | STATUTORY INFORMATION |
| Ravelle Properties Limited is a |
| 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 |
| Turnover |
| Turnover comprises rental income. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from |
| changes in fair value is recognised in profit or loss. |
| 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. |
| Ravelle Properties Limited (Registered number: 05013558) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st October 2018 |
| 3. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| Additions |
| At 31st October 2018 |
| DEPRECIATION |
| Charge for year |
| At 31st October 2018 |
| NET BOOK VALUE |
| At 31st October 2018 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1st November 2017 |
| and 31st October 2018 |
| NET BOOK VALUE |
| At 31st October 2018 |
| At 31st October 2017 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.10.18 | 31.10.17 |
| £ | £ |
| Ravelle Estates Ltd | 47,106 | 47,106 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.10.18 | 31.10.17 |
| £ | £ |
| Corporation Tax |
| Credit Card |
| Directors' current accounts | 30,559 | 23,202 |
| Accruals |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.10.18 | 31.10.17 |
| £ | £ |
| Mortgages |
| Ravelle Properties Limited (Registered number: 05013558) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st October 2018 |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 31.10.18 | 31.10.17 |
| £ | £ |
| Other loans - less than 1 yr |
| Borrowings are secured on the properties owned by the company and by a floating charge over its |
| remaining assets. |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.10.18 | 31.10.17 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 10. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1st November 2017 |
| Deficit for the year | ( |
) |
| At 31st October 2018 |