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REGISTERED NUMBER: 03398599 (England and Wales)






Redbourne Investments Limited

Financial Statements

for the Year Ended 31 January 2023






Redbourne Investments Limited (Registered number: 03398599)

Contents of the Financial Statements
for the year ended 31 January 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Redbourne Investments Limited

Company Information
for the year ended 31 January 2023







DIRECTORS: Mrs L W Perkin
Mr A R N Perkin





REGISTERED OFFICE: 8 Green Lane
Netherton
Wakefield
West Yorkshire
WF4 4JD





REGISTERED NUMBER: 03398599 (England and Wales)





ACCOUNTANTS: SMH Jolliffe Cork Ltd
Chartered Accountants
33 George Street
Wakefield
West Yorkshire
WF1 1LX

Redbourne Investments Limited (Registered number: 03398599)

Balance Sheet
31 January 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 151,344 -
151,344 -

CURRENT ASSETS
Debtors 6 111,504 110,168
Cash at bank 1,157 22,293
112,661 132,461
CREDITORS
Amounts falling due within one year 7 44,027 22,963
NET CURRENT ASSETS 68,634 109,498
TOTAL ASSETS LESS CURRENT
LIABILITIES

219,978

109,498

Redbourne Investments Limited (Registered number: 03398599)

Balance Sheet - continued
31 January 2023

2023 2022
Notes £ £ £ £

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 219,878 109,398
SHAREHOLDERS' FUNDS 219,978 109,498

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 21 August 2023 and were signed on its behalf by:





Mrs L W Perkin - Director


Redbourne Investments Limited (Registered number: 03398599)

Notes to the Financial Statements
for the year ended 31 January 2023


1. STATUTORY INFORMATION

Redbourne Investments 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.

Going concern- Covid 19 pandemic

The director has considered the implications of the pandemic and as the company does not have any premises or staff and only minimal expenses she is of the opinion that there will be no significant impact on the ability of the company to continue as a going concern. Accordingly, the financial statements have been prepared on a going concern basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Tangible fixed assets are initially recorded at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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).

Redbourne Investments Limited (Registered number: 03398599)

Notes to the Financial Statements - continued
for the year ended 31 January 2023


4. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 February 2022
and 31 January 2023 399
DEPRECIATION
At 1 February 2022
and 31 January 2023 399
NET BOOK VALUE
At 31 January 2023 -
At 31 January 2022 -

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
Additions 151,344
At 31 January 2023 151,344
NET BOOK VALUE
At 31 January 2023 151,344

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Amounts owed by participating interests 111,504 110,168

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Tax 552 -
Directors' current accounts 43,295 22,782
Accruals and deferred income 180 181
44,027 22,963

8. RELATED PARTY DISCLOSURES

An interest free loan of £110,781 (2022: £108,581) was due from Roxburgh Property Investments Limited, a company in which Mrs L W Perkin has an interest. An interest free loan of £723 (2022: £1,587) was due from The Perkin Family Pension Scheme