Revinar Ventures Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 05119442 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

Revinar Ventures Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C N H Pursglove

REGISTERED OFFICE:

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

REGISTERED NUMBER:

05119442 (England and Wales)

ACCOUNTANTS:

Pursglove & Brown

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

CURRENT ASSETS

Stocks

60,000

419,195

CREDITORS

Amounts falling due within one year

3

(393,428

)

(394,324

)

NET CURRENT (LIABILITIES)/ASSETS

(333,428

)

24,871

TOTAL ASSETS LESS CURRENT LIABILITIES

(333,428

)

24,871

CAPITAL AND RESERVES

Called up share capital

4

1

1

Retained earnings

(333,429

)

24,870

SHAREHOLDERS' FUNDS

(333,428

)

24,871

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 20 December 2017 and were signed by:

C N H Pursglove - Director

1.	STATUTORY INFORMATION

Revinar Ventures Limited 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest

£1.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Taxation

Taxation for the year comprises current 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.

Current taxation assets and liabilities are not discounted.

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.

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade creditors

1

1

Amounts owed to group undertakings

393,427

393,427

Taxation and social security

-

896

393,428

394,324

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

1

Ordinary

£1

1

1

5.	RELATED PARTY DISCLOSURES

J R France - Hayhurst is a director of Spurstow Group Limited which is the majority shareholder of Bob Parry and

Company Limited.

At 31 March 2017, there was an amount of £393,427 (2016: £393,427) due to Bob Parry and Company Limited with no

interest payable and repayable on demand.

6.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary undertaking of Spurstow Group Limited, a company controlled by J R

France-Hayhurst.