Company Registration No. 09234557 (England and Wales)
Ravan Construction Limited
Unaudited accounts
for the year ended 30 September 2022
Ravan Construction Limited
Unaudited accounts
Contents
Ravan Construction Limited
Company Information
for the year ended 30 September 2022
Company Number
09234557 (England and Wales)
Registered Office
24 SPRINGWOOD CLOSE
BROWNEY
DURHAM
DH7 8LD
Ravan Construction Limited
Statement of financial position
as at 30 September 2022
Tangible assets
378,178
249,471
Cash at bank and in hand
109,799
182,429
Creditors: amounts falling due within one year
(138,464)
(144,617)
Net current assets
5,613
96,752
Total assets less current liabilities
383,791
346,223
Creditors: amounts falling due after more than one year
(217,012)
(215,294)
Provisions for liabilities
Deferred tax
(44,565)
(26,448)
Net assets
122,214
104,481
Called up share capital
100
100
Profit and loss account
122,114
104,381
Shareholders' funds
122,214
104,481
For the year ending 30 September 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 8 January 2023 and were signed on its behalf by
Anthony Turner
Director
Company Registration No. 09234557
Ravan Construction Limited
Notes to the Accounts
for the year ended 30 September 2022
Ravan Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 09234557. The registered office is 24 SPRINGWOOD CLOSE, BROWNEY, DURHAM, DH7 8LD.
2
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.
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:
Computer equipment
3 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2021
341,102
82,259
2,321
425,682
Additions
173,825
30,491
-
204,316
At 30 September 2022
514,927
112,750
2,321
629,998
At 1 October 2021
137,649
36,239
2,323
176,211
Charge for the year
61,035
14,576
(2)
75,609
At 30 September 2022
198,684
50,815
2,321
251,820
At 30 September 2022
316,243
61,935
-
378,178
At 30 September 2021
203,453
46,020
(2)
249,471
Ravan Construction Limited
Notes to the Accounts
for the year ended 30 September 2022
Amounts falling due within one year
Trade debtors
11,855
10,188
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
4,342
15,584
Obligations under finance leases and hire purchase contracts
83,317
69,459
Trade creditors
29,604
4,176
Taxes and social security
19,603
50,989
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
174,527
136,991
8
Average number of employees
During the year the average number of employees was 6 (2021: 6).