IRIS Accounts Production v23.3.0.418 01588419 director 1.4.22 31.3.23 31.3.23 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh015884192022-03-31015884192023-03-31015884192022-04-012023-03-31015884192021-03-31015884192021-04-012022-03-31015884192022-03-3101588419ns10:Originalns15:EnglandWales2022-04-012023-03-3101588419ns14:PoundSterlingns10:Original2022-04-012023-03-3101588419ns10:Originalns10:Director12022-04-012023-03-3101588419ns10:Original2022-04-012023-03-3101588419ns10:Original2023-03-3101588419ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3101588419ns10:Originalns10:SmallEntities2022-04-012023-03-3101588419ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3101588419ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3101588419ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3101588419ns10:Originalns10:FullAccounts2022-04-012023-03-3101588419ns10:Originalns10:RegisteredOffice2022-04-012023-03-3101588419ns10:Original2022-03-3101588419ns10:Originalns5:CurrentFinancialInstruments2023-03-3101588419ns10:Originalns5:CurrentFinancialInstruments2022-03-3101588419ns5:ShareCapitalns10:Original2023-03-3101588419ns5:ShareCapitalns10:Original2022-03-3101588419ns10:Originalns5:SharePremium2023-03-3101588419ns10:Originalns5:SharePremium2022-03-3101588419ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3101588419ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3101588419ns10:Original2021-04-012022-03-3101588419ns10:Originalns5:CostValuation2022-03-3101588419ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3101588419ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3101588419ns10:Original1ns10:Director12022-03-3101588419ns10:Original1ns10:Director12021-03-3101588419ns10:Original1ns10:Director12022-04-012023-03-3101588419ns10:Original1ns10:Director12021-04-012022-03-3101588419ns10:Original1ns10:Director12023-03-3101588419ns10:Original1ns10:Director12022-03-31
REGISTERED NUMBER: 01588419 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Redezeus Limited

Redezeus Limited (Registered number: 01588419)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Redezeus Limited

Company Information
for the year ended 31 March 2023







DIRECTOR: A J Kenny



REGISTERED OFFICE: Willowbank Cottage
Willowbank Road
Sunderland
SR2 7GZ



REGISTERED NUMBER: 01588419 (England and Wales)



ACCOUNTANTS: TTR Barnes Limited
Chartered Accountants
3-5 Grange Terrace
Stockton Road
Sunderland
Tyne & Wear
SR2 7DG



BANKERS: HSBC Bank plc
Unit 49-51
The Bridges Shopping Centre
Sunderland
Tyne and Wear
SR1 3LE

Redezeus Limited (Registered number: 01588419)

Statement of Financial Position
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 5 2 2

CURRENT ASSETS
Debtors 6 288,688 298,834

CREDITORS
Amounts falling due within one year 7 8,366 14,561
NET CURRENT ASSETS 280,322 284,273
TOTAL ASSETS LESS CURRENT
LIABILITIES

280,324

284,275

CAPITAL AND RESERVES
Called up share capital 5,100 5,100
Share premium 79,322 79,322
Retained earnings 195,902 199,853
SHAREHOLDERS' FUNDS 280,324 284,275

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 October 2023 and were signed by:





A J Kenny - Director


Redezeus Limited (Registered number: 01588419)

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

1. STATUTORY INFORMATION

Redezeus 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future, which the directors consider appropriate.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Investments
Fixed asset investments are stated at cost less provision for diminution in value.

Group accounts
The company has taken advantage of the option provided by section 398 of the Companies Act 2006, not to prepare group accounts. Accordingly, these financial statements contain information about the company as an individual company and do not contain consolidated information as the parent of a group.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Redezeus Limited (Registered number: 01588419)

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2022
and 31 March 2023 2
NET BOOK VALUE
At 31 March 2023 2
At 31 March 2022 2

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' loan accounts 205,543 214,045
Corporation tax recoverable 55,380 57,645
Owed from group undertakings 27,765 27,144
288,688 298,834

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors - 7,000
Accrued expenses 8,366 7,561
8,366 14,561

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
A J Kenny
Balance outstanding at start of year 214,045 216,057
Amounts advanced 498 8
Amounts repaid (9,000 ) (2,020 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 205,543 214,045

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A J Kenny.