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REGISTERED NUMBER: 09723443 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Redwrasse Limited

Redwrasse Limited (Registered number: 09723443)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Redwrasse Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: R W Gill





REGISTERED OFFICE: 45, Bottrells Lane
Chalfont St. Giles
Bucks.
HP8 4EY





REGISTERED NUMBER: 09723443 (England and Wales)





ACCOUNTANTS: Lawson & Co.
18, The Lagger
Chalfont St. Giles
Bucks.
HP8 4DG

Redwrasse Limited (Registered number: 09723443)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,572 8,663

CURRENT ASSETS
Debtors 5 126,771 21,803
Cash at bank 304,432 218,489
431,203 240,292
CREDITORS
Amounts falling due within one year 6 93,410 61,204
NET CURRENT ASSETS 337,793 179,088
TOTAL ASSETS LESS CURRENT
LIABILITIES

346,365

187,751

PROVISIONS FOR LIABILITIES 7 1,885 1,645
NET ASSETS 344,480 186,106

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 344,479 186,105
SHAREHOLDERS' FUNDS 344,480 186,106

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

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

The financial statements were approved by the director and authorised for issue on 2 April 2024 and were signed by:




R W Gill - Director


Redwrasse Limited (Registered number: 09723443)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Redwrasse 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

Redwrasse Limited (Registered number: 09723443)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022 14,848
Additions 3,573
Disposals (2,429 )
At 31 August 2023 15,992
DEPRECIATION
At 1 September 2022 6,185
Charge for year 2,447
Eliminated on disposal (1,212 )
At 31 August 2023 7,420
NET BOOK VALUE
At 31 August 2023 8,572
At 31 August 2022 8,663

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 126,771 21,803

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Taxation and social security 90,322 58,704
Other creditors 3,088 2,500
93,410 61,204

7. PROVISIONS FOR LIABILITIES
31.8.23 31.8.22
£    £   
Deferred tax 1,885 1,645

Deferred
tax
£   
Balance at 1 September 2022 1,645
Accelerated capital allowances 240
Balance at 31 August 2023 1,885

Redwrasse Limited (Registered number: 09723443)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 September 2022 186,105
Profit for the year 218,874
Dividends (60,500 )
At 31 August 2023 344,479

10. RELATED PARTY DISCLOSURES

The company is controlled by director and shareholder Mr. R. W. Gill.

During the period the director, in his capacity as a shareholder, has received dividends amounting to £60,500 (2022: £60,000).