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REGISTERED NUMBER: 13882571 (England and Wales)















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: R A Watts
L D Watts





REGISTERED OFFICE: Bury Hill House
Bury Hill
Woodbridge
IP12 1JD





REGISTERED NUMBER: 13882571 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

RAEDWALD HOLDINGS LTD (REGISTERED NUMBER: 13882571)

BALANCE SHEET
31 JANUARY 2023

Notes £    £   
FIXED ASSETS
Investment property 4 727,230

CURRENT ASSETS
Debtors 5 1,106
Cash at bank 24,312
25,418
CREDITORS
Amounts falling due within one year 6 69,734
NET CURRENT LIABILITIES (44,316 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

682,914

CREDITORS
Amounts falling due after more than one
year

7

687,292
NET LIABILITIES (4,378 )

CAPITAL AND RESERVES
Called up share capital 200
Retained earnings (4,578 )
SHAREHOLDERS' FUNDS (4,378 )

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

RAEDWALD HOLDINGS LTD (REGISTERED NUMBER: 13882571)

BALANCE SHEET - continued
31 JANUARY 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 October 2023 and were signed on its behalf by:





R A Watts - Director


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 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
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 727,230
At 31 January 2023 727,230
NET BOOK VALUE
At 31 January 2023 727,230

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Prepayments 1,106

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other loans 7,808
Directors' current accounts 61,086
Accrued expenses 840
69,734

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 7,808
Other loans - 2-5 years 23,425
Other loans more than 5 years by instalments 200,939
Directors' loan accounts 455,120
687,292

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 239,980

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 Mr & Mrs Watts by virtue of their 100% shareholding.