Company Registration No. 11757321 (England and Wales)
RED GROUP PROPERTIES LTD
Unaudited accounts
for the year ended 31 January 2024
RED GROUP PROPERTIES LTD
Unaudited accounts
Contents
RED GROUP PROPERTIES LTD
Company Information
for the year ended 31 January 2024
Directors
Sardar Ali KHAN
Taj Wali KHAN
Wali KHAN
Company Number
11757321 (England and Wales)
Registered Office
7 VALE ROAD
AYLESBURY
HP20 1JA
ENGLAND
RED GROUP PROPERTIES LTD
Statement of financial position
as at 31 January 2024
Tangible assets
735,883
743,622
Cash at bank and in hand
10
350
Creditors: amounts falling due within one year
(779,424)
(779,424)
Net current liabilities
(779,414)
(779,074)
Net liabilities
(43,531)
(35,452)
Called up share capital
100
100
Profit and loss account
(43,631)
(35,552)
Shareholders' funds
(43,531)
(35,452)
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 11 June 2024 and were signed on its behalf by
Sardar Ali KHAN
Director
Company Registration No. 11757321
RED GROUP PROPERTIES LTD
Notes to the Accounts
for the year ended 31 January 2024
RED GROUP PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 11757321. The registered office is 7 VALE ROAD, AYLESBURY, HP20 1JA, 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
1% at cost
4
Tangible fixed assets
Land & buildings
At 1 February 2023
773,900
At 31 January 2024
773,900
At 31 January 2024
735,883
At 31 January 2023
743,622
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
779,084
779,084
RED GROUP PROPERTIES LTD
Notes to the Accounts
for the year ended 31 January 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Company is controlled by Mr. Sardar Ali KHAN by virtue of holding the majority of issued share capital.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).