Period from 21 September 2018 to
Registration number:
Raviga Holdings Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Raviga Holdings Limited
Company Information
Directors |
Mr K Raichura Mr J Ellison Mr M Horner |
Registered office |
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Accountants |
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Page 1 |
Raviga Holdings Limited
Balance Sheet
29 February 2020
Note |
2020 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Creditors: Amounts falling due within one year |
( |
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Net current liabilities |
( |
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Net liabilities |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
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Total equity |
( |
For the financial period ending 29 February 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Company Registration Number: 11582506
Page 2 |
Raviga Holdings Limited
Notes to the Unaudited Financial Statements
Period from 21 September 2018 to 29 February 2020
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
The principal place of business is:
4 Basepoint Business Centre
Yeoford Way
Exeter
Devon
EX2 8LB
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Group accounts not prepared
Disclosure of long or short period
Going concern
The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. This depends on the continued financial support of the company's directors.
Page 3 |
Raviga Holdings Limited
Notes to the Unaudited Financial Statements
Period from 21 September 2018 to 29 February 2020
Financial instruments
Classification
• Short term trade and other debtors and creditors and;
• Investments in subsidiaries
All financial instruments are classified as basic.
Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
Except for investments in subsidiaries, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
In the company balance sheet, investments in subsidiaries are measured at cost less impairment.
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
Investments |
2020 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
Cost or valuation |
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Additions |
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Provision |
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Carrying amount |
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At 29 February 2020 |
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Page 4 |
Raviga Holdings Limited
Notes to the Unaudited Financial Statements
Period from 21 September 2018 to 29 February 2020
Debtors |
2020 |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
2020 |
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Due within one year |
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Accrued expenses |
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Share capital |
Allotted, called up and fully paid shares
2020 |
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No. |
£ |
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92.35 |
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2.04 |
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40.46 |
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On incorporation the company allotted 5 Ordinary shares for an aggregate consideration of £0.05.
On 16 November 2018 5 Ordinary shares were reclassified to 3 Ordinary A shares and 2 Ordinary B shares.
On 16 November 2018 9,232 Ordinary A shares and 763 Ordinary B shares were allotted as part of a share for share exchange with Raviga Group Limited.
On 16 November 2018 561 Ordinary B shares were reclassified to 561 Ordinary C shares.
On 16 November 2018 3,485 Ordinary C shares were allotted for an aggregate consideration of £34.85.
Page 5 |