Ravencroft Properties Ltd - Accounts to registrar (filleted) - small 18.2

Ravencroft Properties Ltd - Accounts to registrar (filleted) - small 18.2

RAVENCROFT PROPERTIES LTD - Company Information

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REGISTERED NUMBER: 05189887 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2017

for

Ravencroft Properties Ltd
Ravencroft Properties Ltd (Registered number: 05189887)






Contents of the Financial Statements
for the Year Ended 31 December 2017




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Ravencroft Properties Ltd

Company Information
for the Year Ended 31 December 2017







DIRECTORS: Mr S Uddin FCA JP
Mr Kabir Khan





REGISTERED OFFICE: SKN Business Centre
1 Guildford Street
Birmingham
West Midlands
B19 2HN





REGISTERED NUMBER: 05189887 (England and Wales)





ACCOUNTANTS: SKN Services Ltd
Chartered Accountants
SKN Business Centre
1 Guildford Street
Birmingham
West Midlands
B19 2HN
Page 1
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Ravencroft Properties Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain
other primary statements and the Report of the Directors are not required to be filed with the
Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of Ravencroft Properties Ltd for the year ended 31 December 2017 which
comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records
and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ravencroft Properties Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ravencroft Properties Ltd and state those matters that we have agreed to state to the Board of Directors of Ravencroft Properties Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ravencroft Properties Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ravencroft Properties Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ravencroft Properties Ltd. You consider that Ravencroft Properties Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ravencroft Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






SKN Services Ltd
Chartered Accountants
SKN Business Centre
1 Guildford Street
Birmingham
West Midlands
B19 2HN


28 September 2018

This page does not form part of the statutory financial statements

Page 2
Ravencroft Properties Ltd (Registered number: 05189887)

Balance Sheet
31 December 2017

31.12.17 31.12.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 230,855 230,855

CURRENT ASSETS
Debtors 5 89,155 89,155
Cash at bank 1,416 220
90,571 89,375
CREDITORS
Amounts falling due within one year 6 20,521 19,746
NET CURRENT ASSETS 70,050 69,629
TOTAL ASSETS LESS CURRENT
LIABILITIES
300,905
300,484

CREDITORS
Amounts falling due after more than one
year
7
268,014
283,051
NET ASSETS 32,891 17,433

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 32,791 17,333
SHAREHOLDERS' FUNDS 32,891 17,433

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 notes on pages 5 to 6 form part of these financial statements

Page 3 continued...
Ravencroft Properties Ltd (Registered number: 05189887)

Balance Sheet - continued
31 December 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 28 September 2018 and were signed on
its behalf by:





Mr S Uddin FCA JP - Director


The notes on pages 5 to 6 form part of these financial statements

Page 4
Ravencroft Properties Ltd (Registered number: 05189887)

Notes to the Financial Statements
for the Year Ended 31 December 2017

1. STATUTORY INFORMATION

Ravencroft Properties 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.
Improvements to property - 20% on cost
Fixtures and fittings - 10% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 1 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and
property property fittings Totals
£    £    £    £   
COST
At 1 January 2017
and 31 December 2017 230,855 2,400 104,600 337,855
DEPRECIATION
At 1 January 2017
and 31 December 2017 - 2,400 104,600 107,000
NET BOOK VALUE
At 31 December 2017 230,855 - - 230,855
At 31 December 2016 230,855 - - 230,855

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.17 31.12.16
£    £   

Page 5 continued...
Ravencroft Properties Ltd (Registered number: 05189887)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2017

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
Other debtors 89,155 89,155

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Trade creditors 391 420
Taxation and social security 7,715 7,562
Other creditors 12,415 11,764
20,521 19,746

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.17 31.12.16
£    £   
Bank loans 267,039 282,078
Other creditors 975 973
268,014 283,051

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 yr 267,039 282,078

8. ULTIMATE CONTROLLING PARTY

The company was under the control of Mr Shalim Uddin and Mr Kabir Khan throughout the current
and previous year.

Page 6