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REGISTERED NUMBER: 12179788 (England and Wales)






















Financial Statements

for the Year Ended 31 March 2023

for

Redbourne Homes (Creeting) Limited

Redbourne Homes (Creeting) Limited (Registered number: 12179788)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Redbourne Homes (Creeting) Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: J N E Breheny





SECRETARY: S Aziz





REGISTERED OFFICE: Flordon Road
Creeting St Mary
Ipswich
Suffolk
IP6 8NH





REGISTERED NUMBER: 12179788 (England and Wales)





AUDITORS: Wright Vigar Limited
Statutory Auditors
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

Redbourne Homes (Creeting) Limited (Registered number: 12179788)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 6,532,441 1,753,470
Debtors 4 241,405 39,502
Cash at bank 159,955 41,536
6,933,801 1,834,508
CREDITORS
Amounts falling due within one year 5 7,178,636 1,872,600
NET CURRENT LIABILITIES (244,835 ) (38,092 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(244,835

)

(38,092

)

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings (244,935 ) (38,192 )
SHAREHOLDERS' FUNDS (244,835 ) (38,092 )

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 2 October 2023 and were signed by:





J N E Breheny - Director


Redbourne Homes (Creeting) Limited (Registered number: 12179788)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Redbourne Homes (Creeting) 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 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.

At the year end net current liabilities stand at £244,835 (2022: £38,092). The company has the continued support of its parent company, Breheny Group Limited and on this basis the directors consider it appropriate to prepare the financial statements on a going concern basis.

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
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 241,305 -
Other debtors 100 39,502
241,405 39,502

Redbourne Homes (Creeting) Limited (Registered number: 12179788)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 511,998 925,159
Amounts owed to group undertakings 6,648,936 820,685
Taxation and social security 16,202 -
Other creditors 1,500 126,756
7,178,636 1,872,600

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kevin Shaw BSc FCA (Senior Statutory Auditor)
for and on behalf of Wright Vigar Limited

8. ULTIMATE CONTROLLING PARTY

The Parent Company is Breheny Group Ltd. The company's registered office is as follows:

Flordon Road
Creeting St Mary
Needham Market
Ipswich
Suffolk
IP6 8NH