27 February 2023 false No description of principal activity Taxfiler 2024.5 SC760302business:PrivateLimitedCompanyLtd2023-02-272024-02-29 SC7603022023-02-26 SC7603022023-02-272024-02-29 SC760302business:AuditExempt-NoAccountantsReport2023-02-272024-02-29 SC760302business:FilletedAccounts2023-02-272024-02-29 SC7603022024-02-29 SC760302business:Director12023-02-272024-02-29 SC760302business:RegisteredOffice2023-02-272024-02-29 SC760302core:WithinOneYear2024-02-29 SC760302core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 SC760302core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 SC760302core:PreviouslyStatedAmount2024-02-29 SC760302business:SmallEntities2023-02-272024-02-29 SC760302countries:Scotland2023-02-272024-02-29 SC760302core:LandBuildings2023-02-272024-02-29 SC760302core:LandBuildings2023-02-26 SC760302core:LandBuildings2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. SC760302 (Scotland)
Redemptio Limited Unaudited accounts for the period from 27 February 2023 to 29 February 2024
Redemptio Limited Unaudited accounts Contents
Page
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Redemptio Limited Company Information for the period from 27 February 2023 to 29 February 2024
Director
Mr G Ahmed
Company Number
SC760302 (Scotland)
Registered Office
108B DALRY ROAD EDINBURGH EH11 2DW SCOTLAND
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Redemptio Limited Statement of financial position as at 29 February 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
75,390 
Current assets
Cash at bank and in hand
6,589 
Creditors: amounts falling due within one year
(90,638)
Net current liabilities
(84,049)
Net liabilities
(8,659)
Capital and reserves
Called up share capital
100 
Profit and loss account
(8,759)
Shareholders' funds
(8,659)
For the period ending 29 February 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 director acknowledges his 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 and authorised for issue on 21 August 2024 and were signed on its behalf by
Mr G Ahmed Director Company Registration No. SC760302
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Redemptio Limited Notes to the Accounts for the period from 27 February 2023 to 29 February 2024
1
Statutory information
Redemptio Limited is a private company, limited by shares, registered in Scotland, registration number SC760302. The registered office is 108B DALRY ROAD, EDINBURGH, EH11 2DW, SCOTLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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
not depreciated
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 27 February 2023
- 
Additions
75,390 
At 29 February 2024
75,390 
Depreciation
At 29 February 2024
- 
Net book value
At 29 February 2024
75,390 
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Redemptio Limited Notes to the Accounts for the period from 27 February 2023 to 29 February 2024
5
Creditors: amounts falling due within one year
2024 
£ 
Other creditors
85,935 
Loans from directors
4,103 
Accruals
600 
90,638 
6
Average number of employees
During the period the average number of employees was 1.
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