Company Registration No. 05755617 (England and Wales)
Revinter Limited
Unaudited accounts
for the year ended 31 March 2022
Revinter Limited
Unaudited accounts
Contents
Revinter Limited
Company Information
for the year ended 31 March 2022
Company Number
05755617 (England and Wales)
Registered Office
17 GAINSBORO GARDENS
SUDBURY HILL
GREENFORD
MIDDLESEX
UB6 0JG
Accountants
Utopians Accountants
49 Highview
Pinner
Middlesex
HA5 3PE
Revinter Limited
Statement of financial position
as at
31 March 2022
Intangible assets
234
234
Tangible assets
17,483
19,040
Cash at bank and in hand
18,262
64,951
Creditors: amounts falling due within one year
(7,979)
(7,457)
Net current assets
18,874
66,114
Total assets less current liabilities
36,591
85,388
Creditors: amounts falling due after more than one year
(1,792)
(50,423)
Called up share capital
100
100
Profit and loss account
34,699
34,865
Shareholders' funds
34,799
34,965
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 November 2022 and were signed on its behalf by
Wan Sin Choi
Director
Company Registration No. 05755617
Revinter Limited
Notes to the Accounts
for the year ended 31 March 2022
Revinter Limited is a private company, limited by shares, registered in England and Wales, registration number 05755617. The registered office is 17 GAINSBORO GARDENS, SUDBURY HILL, GREENFORD, MIDDLESEX, UB6 0JG.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
10% Reducing Balance
Computer equipment
20% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Revinter Limited
Notes to the Accounts
for the year ended 31 March 2022
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2021
20,672
16,960
14,225
1,500
53,357
At 31 March 2022
21,241
16,960
14,225
1,500
53,926
At 1 April 2021
9,989
14,946
8,083
1,299
34,317
Charge for the year
1,068
403
614
41
2,126
At 31 March 2022
11,057
15,349
8,697
1,340
36,443
At 31 March 2022
10,184
1,611
5,528
160
17,483
At 31 March 2021
10,683
2,014
6,142
201
19,040
Amounts falling due within one year
Accrued income and prepayments
137
103
Other debtors
3,510
3,510
Revinter Limited
Notes to the Accounts
for the year ended 31 March 2022
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
3,601
4,462
Taxes and social security
2,707
2,179
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Creditors: amounts falling due after more than one year
2022
2021
Loans from directors
1,792
10,423
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Average number of employees
During the year the average number of employees was 3 (2021: 2).