Company Registration No. 12392808 (England and Wales)
RED RIBBON PROPERTIES LTD
Unaudited accounts
for the year ended 31 January 2024
RED RIBBON PROPERTIES LTD
Unaudited accounts
Contents
RED RIBBON PROPERTIES LTD
Company Information
for the year ended 31 January 2024
Directors
ANSA QAMAR
SIKANDAR IQBAL
Company Number
12392808 (England and Wales)
Registered Office
39 ETON ROAD
BURTON ON TRENT
DE14 2SP
ENGLAND
Accountants
Protax Chartered Certified Accountants
371
Bordesley Green
Birmingham
Westmidlands
B9 5RP
RED RIBBON PROPERTIES LTD
Statement of financial position
as at 31 January 2024
Tangible assets
111,440
111,440
Cash at bank and in hand
4,327
1,721
Creditors: amounts falling due within one year
360
-
Net current assets
10,687
1,721
Total assets less current liabilities
122,127
113,161
Creditors: amounts falling due after more than one year
(119,172)
(113,764)
Net assets/(liabilities)
2,955
(603)
Called up share capital
100
100
Profit and loss account
2,855
(703)
Shareholders' funds
2,955
(603)
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2024 and were signed on its behalf by
ANSA QAMAR
Director
Company Registration No. 12392808
RED RIBBON PROPERTIES LTD
Notes to the Accounts
for the year ended 31 January 2024
RED RIBBON PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12392808. The registered office is 39 ETON ROAD, BURTON ON TRENT, DE14 2SP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% STRAIGHT LINE
4
Tangible fixed assets
Land & buildings
At 1 February 2023
111,440
At 31 January 2024
111,440
At 31 January 2024
111,440
At 31 January 2023
111,440
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
RED RIBBON PROPERTIES LTD
Notes to the Accounts
for the year ended 31 January 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
60,730
60,730
Loans from directors
58,442
53,034
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).