Reva Solutions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04665039 (England and Wales)

Unaudited financial statements

for the period 1 April 2018 to 28 February 2019

For

Reva Solutions Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

Robert William Eva

Registered office:

9 The Shrubberies

George Lane

London

E18 1BD

Registered number:

04665039 (England and Wales)

Accountants:

Alan Patient & Co Limited

9 The Shrubberies

George Lane

London

E18 1BD

Current assets

Debtors

5

2,880

2,125

Cash at bank

54,660

54,871

57,540

56,996

Creditors

Amounts falling due within one year

6

23,763

24,527

Net current assets

33,777

32,469

Total assets less current liabilities

33,777

32,469

Capital and reserves

Called up share capital

200

200

Retained earnings

33,577

32,269

Shareholders' funds

33,777

32,469

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2019 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 Profit and loss account has not been delivered.

The financial statements were approved by the director on 22 October 2019 and were signed by:

Robert William Eva - Director

1.	Statutory information

Reva Solutions 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 represents net invoiced value of services rendered, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Fixtures and fittings

-

25% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss account,

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 period 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.

Reporting period

The director has opted to shorten the accountancy period. The accounts for the period ended 28 February 2019

cover a 11 months period and are therefore not entirely compareable with the prior year.

3.	Employees and directors

The average number of employees during the period was 3 (2018 - 3 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

Cost

At 1 April 2018

and 28 February 2019

100

2,470

2,570

Depreciation

At 1 April 2018

and 28 February 2019

100

2,470

2,570

Net book value

At 28 February 2019

-

-

-

At 31 March 2018

-

-

-

5.

Debtors: amounts falling due within one year

2019

2018

£

£

Trade debtors

2,880

2,125

6.

Creditors: amounts falling due within one year

2019

2018

£

£

Tax

14,850

13,843

Social security and other taxes

303

448

Value added tax

3,829

5,760

Director's current account

214

109

Accruals

4,567

4,367

23,763

24,527