Paul Ravenhall Consulting Ltd - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 07328539 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2022

for

Paul Ravenhall Consulting Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P M Ravenhall

Mrs D L Ravenhall

SECRETARY:

Mrs D L Ravenhall

REGISTERED OFFICE:

Wassell Grove Business Centre

Wassell Grove Lane

Hagley

Stourbridge

West Midlands

DY9 9JH

REGISTERED NUMBER:

07328539 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,491

3,058

CURRENT ASSETS

Debtors

51,899

51,430

Cash at bank

18,696

18,954

70,595

70,384

CREDITORS

Amounts falling due within one year

36,202

42,509

NET CURRENT ASSETS

34,393

27,875

TOTAL ASSETS LESS CURRENT LIABILITIES

37,884

30,933

CREDITORS

Amounts falling due after more than one year

(12,083

)

(17,083

)

PROVISIONS FOR LIABILITIES

(568

)

-

NET ASSETS

25,233

13,850

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

25,133

13,750

SHAREHOLDERS' FUNDS

25,233

13,850

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 1 June 2023 and were signed on its behalf by:

Mr P M Ravenhall - Director

1.	STATUTORY INFORMATION

Paul Ravenhall Consulting Ltd 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 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.

Plant and machinery etc

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2022

6,741

Additions

1,264

At 31 December 2022

8,005

DEPRECIATION

At 1 January 2022

3,683

Charge for year

831

At 31 December 2022

4,514

NET BOOK VALUE

At 31 December 2022

3,491

At 31 December 2021

3,058

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.22

31.12.21

value:

£

£

100

Ordinary

100

100

100