REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE PERIOD 31 JANUARY 2022 TO 31 JANUARY 2023 |
FOR |
RAEDWALD HOLDINGS LTD |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS FOR THE PERIOD 31 JANUARY 2022 TO 31 JANUARY 2023 |
FOR |
RAEDWALD HOLDINGS LTD |
RAEDWALD HOLDINGS LTD (REGISTERED NUMBER: 13882571) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 31 JANUARY 2022 TO 31 JANUARY 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
RAEDWALD HOLDINGS LTD |
COMPANY INFORMATION |
FOR THE PERIOD 31 JANUARY 2022 TO 31 JANUARY 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
115c Milton Road |
Cambridge |
CB4 1XE |
RAEDWALD HOLDINGS LTD (REGISTERED NUMBER: 13882571) |
BALANCE SHEET |
31 JANUARY 2023 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
RAEDWALD HOLDINGS LTD (REGISTERED NUMBER: 13882571) |
BALANCE SHEET - continued |
31 JANUARY 2023 |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
RAEDWALD HOLDINGS LTD (REGISTERED NUMBER: 13882571) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 31 JANUARY 2022 TO 31 JANUARY 2023 |
1. | STATUTORY INFORMATION |
Raedwald Holdings Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements are prepared under the historical cost convention and include the results of the company's operations, which are described in the Directors Report and all of which are continuing. |
The financial statements have been prepared on a going concern basis. This may not be appropriate because at 31st January 2023 the company's current liabilities exceeded its current assets by £44,316 and total liabilities of the company were £757,026. The company is reliant on the continued support of its directors, bank, building society and creditors, but there is no evidence to suggest that this will not continue and that further funds will not be provided as necessary, to enable the company to continue as a going concern. |
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 period comprises current tax. Tax is recognised in the Profit and Loss Account, 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. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
At 31 January 2023 |
NET BOOK VALUE |
At 31 January 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other loans |
Directors' current accounts | 61,086 |
Accrued expenses |
RAEDWALD HOLDINGS LTD (REGISTERED NUMBER: 13882571) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 31 JANUARY 2022 TO 31 JANUARY 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Other loans - 1-2 years |
Other loans - 2-5 years |
Other loans more than 5 years by instalments |
Directors' loan accounts | 455,120 |
Amounts falling due in more than five years: |
Repayable by instalments |
Other loans more than 5 years by instalments | 200,939 |
8. | SECURED DEBTS |
The following secured debts are included within creditors: |
£ |
Other loans |
The loan to the company is secured by a charge - dated 23 November 2022 - on the company's assets. |
9. | ULTIMATE CONTROLLING PARTY |
The controlling parties are |