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REGISTERED NUMBER: 11053835 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Redcroft 7 Limited

Redcroft 7 Limited (Registered number: 11053835)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Redcroft 7 Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: T F Widdowson
Mrs L Widdowson





REGISTERED OFFICE: 7 Cooks Lane
Southbourne
Emsworth
Hampshire
PO10 8LG





REGISTERED NUMBER: 11053835 (England and Wales)





ACCOUNTANTS: Direct Accounting
7 Cooks Lane
Southbourne
Emsworth
Hampshire
PO10 8LG

Redcroft 7 Limited (Registered number: 11053835)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £   
CURRENT ASSETS
Stocks 4 635,000 635,000
Cash at bank 8,347 27,004
643,347 662,004
CREDITORS
Amounts falling due within one year 5 326,813 353,103
NET CURRENT ASSETS 316,534 308,901
TOTAL ASSETS LESS CURRENT
LIABILITIES

316,534

308,901

CREDITORS
Amounts falling due after more than one
year

6

290,779

290,779
NET ASSETS 25,755 18,122

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 25,753 18,120
SHAREHOLDERS' FUNDS 25,755 18,122

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 26 March 2024 and were signed on its behalf by:




Mrs L Widdowson - Director


Redcroft 7 Limited (Registered number: 11053835)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Redcroft 7 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.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

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

4. STOCKS
30.11.23 30.11.22
£    £   
Stocks 635,000 635,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Taxation and social security 4,035 7,142
Other creditors 322,778 345,961
326,813 353,103

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Other creditors 290,779 290,779

Redcroft 7 Limited (Registered number: 11053835)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.11.23 30.11.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Paragon Mortgage 290,779 290,779