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REGISTERED NUMBER: 14020412 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2022 TO 5 APRIL 2023

FOR

REDDIWRAPS LTD

REDDIWRAPS LTD (REGISTERED NUMBER: 14020412)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 5 APRIL 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


REDDIWRAPS LTD

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2022 TO 5 APRIL 2023







DIRECTORS: S Clayton
L Deakin





REGISTERED OFFICE: Unit C1 Imex Business Centre
Oxleasow Road
Redditch
B98 0RE





REGISTERED NUMBER: 14020412 (England and Wales)





ACCOUNTANTS: Clive Shedd & Co
Chartered Accountants
232 Sladepool Farm Road
Birmingham
B14 5EE

REDDIWRAPS LTD (REGISTERED NUMBER: 14020412)

STATEMENT OF FINANCIAL POSITION
5 APRIL 2023

Notes £   
CURRENT ASSETS
Debtors 5 75,905
Cash at bank and in hand 7,556
83,461
CREDITORS
Amounts falling due within one year 6 83,259
NET CURRENT ASSETS 202
TOTAL ASSETS LESS CURRENT
LIABILITIES

202

CAPITAL AND RESERVES
Called up share capital 7 2
Retained earnings 200
SHAREHOLDERS' FUNDS 202

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 5 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 5 April 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 28 March 2024 and were signed on its behalf by:




S Clayton - Director



L Deakin - Director


REDDIWRAPS LTD (REGISTERED NUMBER: 14020412)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 5 APRIL 2023

1. STATUTORY INFORMATION

Reddiwraps 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. 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 under the historical cost convention.

The company's functional and presentation currency is the pound sterling, rounded to the nearest £.

Significant judgements and estimates
In preparing these financial statements the company's management make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities at the statement of financial position date and the amounts reported in the income statement for the period under review.

The nature of estimates means that the actual outcome could differ and the company's management consider there are no estimates or assumptions that have a significant risk of causing a material adjustment to the amounts reported for assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments
Basic financial assets and liabilities are initially recognised at transaction price and are subsequently measured at amortised cost.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the amount expected to be paid in exchange for that service.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

REDDIWRAPS LTD (REGISTERED NUMBER: 14020412)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2022 TO 5 APRIL 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 74,469
Prepayments and accrued income 1,436
75,905

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 27,683
Taxation and social security 53,878
Other creditors 98
Accruals and deferred income 1,600
83,259

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary £1 2

2 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.