Silverfin false false 31/08/2023 01/09/2022 31/08/2023 C S Reynolds 22/03/2019 P K Reynolds 22/03/2019 09 August 2024 The principal activity of the Company during the financial year was a holding company. 11899334 2023-08-31 11899334 bus:Director1 2023-08-31 11899334 bus:Director2 2023-08-31 11899334 2022-08-31 11899334 core:CurrentFinancialInstruments 2023-08-31 11899334 core:CurrentFinancialInstruments 2022-08-31 11899334 core:ShareCapital 2023-08-31 11899334 core:ShareCapital 2022-08-31 11899334 core:RetainedEarningsAccumulatedLosses 2023-08-31 11899334 core:RetainedEarningsAccumulatedLosses 2022-08-31 11899334 core:CostValuation 2022-08-31 11899334 core:CostValuation 2023-08-31 11899334 2022-09-01 2023-08-31 11899334 bus:FilletedAccounts 2022-09-01 2023-08-31 11899334 bus:SmallEntities 2022-09-01 2023-08-31 11899334 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 11899334 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 11899334 bus:Director1 2022-09-01 2023-08-31 11899334 bus:Director2 2022-09-01 2023-08-31 11899334 2021-09-01 2022-08-31 iso4217:GBP xbrli:pure

Company No: 11899334 (England and Wales)

REDLAW HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 31 August 2023
Pages for filing with the registrar

REDLAW HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 August 2023

Contents

REDLAW HOLDINGS LIMITED

BALANCE SHEET

As at 31 August 2023
REDLAW HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 August 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 504,000 504,000
504,000 504,000
Current assets
Debtors 4 242 242
242 242
Creditors: amounts falling due within one year 5 ( 130,000) ( 135,250)
Net current liabilities (129,758) (135,008)
Total assets less current liabilities 374,242 368,992
Net assets 374,242 368,992
Capital and reserves
Called-up share capital 242 242
Profit and loss account 374,000 368,750
Total shareholders' funds 374,242 368,992

For the financial year ending 31 August 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Redlaw Holdings Limited (registered number: 11899334) were approved and authorised for issue by the Board of Directors on 09 August 2024. They were signed on its behalf by:

P K Reynolds
Director
REDLAW HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2023
REDLAW HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Redlaw Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Fixed asset investments

Investments in subsidiaries

2023
£
Cost
At 01 September 2022 504,000
At 31 August 2023 504,000
Carrying value at 31 August 2023 504,000
Carrying value at 31 August 2022 504,000

4. Debtors

2023 2022
£ £
Other debtors 242 242

5. Creditors: amounts falling due within one year

2023 2022
£ £
Other creditors 130,000 135,250