IRIS Accounts Production v22.1.4.3 04653332 director 1.4.21 31.3.22 31.3.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure046533322021-03-31046533322022-03-31046533322021-04-012022-03-31046533322020-03-31046533322020-04-012021-03-31046533322021-03-3104653332ns16:EnglandWales2021-04-012022-03-3104653332ns15:PoundSterling2021-04-012022-03-3104653332ns11:Director12021-04-012022-03-3104653332ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3104653332ns11:SmallEntities2021-04-012022-03-3104653332ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3104653332ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3104653332ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3104653332ns11:FullAccounts2021-04-012022-03-3104653332ns6:CurrentFinancialInstruments2022-03-3104653332ns6:CurrentFinancialInstruments2021-03-3104653332ns6:ShareCapital2022-03-3104653332ns6:ShareCapital2021-03-3104653332ns6:RetainedEarningsAccumulatedLosses2022-03-3104653332ns6:RetainedEarningsAccumulatedLosses2021-03-3104653332ns11:RegisteredOffice2021-04-012022-03-3104653332ns6:FurnitureFittings2021-04-012022-03-3104653332ns6:ComputerEquipment2021-04-012022-03-3104653332ns6:FurnitureFittings2021-03-3104653332ns6:ComputerEquipment2021-03-3104653332ns6:FurnitureFittings2022-03-3104653332ns6:ComputerEquipment2022-03-3104653332ns6:FurnitureFittings2021-03-3104653332ns6:ComputerEquipment2021-03-3104653332ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3104653332ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-3104653332ns11:Director112021-03-3104653332ns11:Director112020-03-3104653332ns11:Director112021-04-012022-03-3104653332ns11:Director112020-04-012021-03-3104653332ns11:Director112022-03-3104653332ns11:Director112021-03-31
REGISTERED NUMBER: 04653332 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 March 2022

for

Redesmere Limited

Redesmere Limited (Registered number: 04653332)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Balance Sheet 1

Notes to the Financial Statements 2


Redesmere Limited (Registered number: 04653332)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £   
FIXED ASSETS
Tangible assets 4 14,784 2,604

CURRENT ASSETS
Debtors 5 492,051 328,583
Cash at bank 498,384 112,190
990,435 440,773
CREDITORS
Amounts falling due within one year 6 (647,459 ) (334,010 )
NET CURRENT ASSETS 342,976 106,763
TOTAL ASSETS LESS CURRENT LIABILITIES 357,760 109,367

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 355,760 107,367
SHAREHOLDERS' FUNDS 357,760 109,367

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2022 and were signed by:





Mr R C Porter - Director


Redesmere Limited (Registered number: 04653332)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Redesmere Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04653332

Registered office: Westminster House
10 Westminster Road
Macclesfield
Cheshire
SK10 1BX

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Furniture and equipment - 33% on cost
Computer equipment - 33% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 3 ) .

Redesmere Limited (Registered number: 04653332)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

4. TANGIBLE FIXED ASSETS
Furniture
and Computer
equipment equipment Totals
£    £    £   
COST
At 1 April 2021 4,418 14,062 18,480
Additions 14,759 7,417 22,176
Disposals (4,418 ) (14,062 ) (18,480 )
At 31 March 2022 14,759 7,417 22,176
DEPRECIATION
At 1 April 2021 3,468 12,408 15,876
Charge for year 4,920 2,472 7,392
Eliminated on disposal (3,468 ) (12,408 ) (15,876 )
At 31 March 2022 4,920 2,472 7,392
NET BOOK VALUE
At 31 March 2022 9,839 4,945 14,784
At 31 March 2021 950 1,654 2,604

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 491,568 319,292
Other debtors 483 9,291
492,051 328,583

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts - 50,000
Trade creditors 416,428 206,366
Taxation and social security 227,060 61,497
Other creditors 3,971 16,147
647,459 334,010

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021:

31.3.22 31.3.21
£    £   
Mr R C Porter
Balance outstanding at start of year 8,809 -
Amounts advanced - 8,809
Amounts repaid (8,809 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 8,809

Redesmere Limited (Registered number: 04653332)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued

Loans incur interest at 2.5% on balances over £10,000 and were repaid within nine months of the year end.