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REGISTERED NUMBER:
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ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
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FOR THE PERIOD 1 JANUARY 2018 TO 30 JUNE 2019 |
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REVOLUTIONS LIMITED |
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REGISTERED NUMBER:
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ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
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FOR THE PERIOD 1 JANUARY 2018 TO 30 JUNE 2019 |
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FOR |
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REVOLUTIONS LIMITED |
REVOLUTIONS LIMITED (REGISTERED NUMBER: 02804761) |
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CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2018 TO 30 JUNE 2019 |
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Company Information | 1 |
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Abridged Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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REVOLUTIONS LIMITED |
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COMPANY INFORMATION |
FOR THE PERIOD 1 JANUARY 2018 TO 30 JUNE 2019 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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1st Floor |
105-111 Euston Street |
London |
NW1 2EW |
REVOLUTIONS LIMITED (REGISTERED NUMBER: 02804761) |
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ABRIDGED BALANCE SHEET |
30 JUNE 2019 |
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30/6/19 | 31/12/17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
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Tangible assets | 5 |
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CURRENT ASSETS |
Debtors |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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PROVISIONS FOR LIABILITIES | 6 |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital | 7 |
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Retained earnings | 8 |
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SHAREHOLDERS' FUNDS |
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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
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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. |
REVOLUTIONS LIMITED (REGISTERED NUMBER: 02804761) |
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ABRIDGED BALANCE SHEET - continued |
30 JUNE 2019 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors on
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REVOLUTIONS LIMITED (REGISTERED NUMBER: 02804761) |
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NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2018 TO 30 JUNE 2019 |
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1. | STATUTORY INFORMATION |
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Revolutions Limited is a
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number and registered office address can be found on the Company Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added |
tax and other sales taxes. |
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Turnover represents net invoiced sales of services, excluding value added tax. |
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Goodwill |
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Goodwill, being the amount paid in connection with the acquisition of a business in 2005 has been amortised evenly over its |
estimated useful life of five years untill year 2012 & directors decided to amortise the balance amount fully in year 2013 |
accounts. |
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Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any |
accumulated amortisation and any accumulated impairment losses. |
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Tangible fixed assets |
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Short leasehold | - |
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Plant and machinery | - |
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Fixtures and fittings | - |
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Computer equipment | - |
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Taxation |
Taxation for the period 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. |
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Current or deferred taxation assets and liabilities are not discounted. |
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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. |
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REVOLUTIONS LIMITED (REGISTERED NUMBER: 02804761) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JANUARY 2018 TO 30 JUNE 2019 |
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2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
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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. |
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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. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the period was
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4. | INTANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 January 2018 |
and 30 June 2019 |
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AMORTISATION |
At 1 January 2018 |
and 30 June 2019 |
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NET BOOK VALUE |
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At 30 June 2019 |
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At 31 December 2017 |
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5. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 January 2018 |
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Additions |
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At 30 June 2019 |
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DEPRECIATION |
At 1 January 2018 |
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Charge for period |
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At 30 June 2019 |
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NET BOOK VALUE |
At 30 June 2019 |
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At 31 December 2017 |
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REVOLUTIONS LIMITED (REGISTERED NUMBER: 02804761) |
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NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JANUARY 2018 TO 30 JUNE 2019 |
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6. | PROVISIONS FOR LIABILITIES |
30/6/19 | 31/12/17 |
£ | £ |
Deferred tax | 4,823 | 6,477 |
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Deferred |
tax |
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Balance at 1 January 2018 |
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Movement for the period | (1,654 | ) |
Balance at 30 June 2019 |
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7. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30/6/19 | 31/12/17 |
value: | £ | £ |
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Ordinary | £1 | 100 | 100 |
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8. | RESERVES |
Retained |
earnings |
£ |
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At 1 January 2018 |
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Profit for the period |
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Dividends | ( |
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At 30 June 2019 |
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