Acorah Software Products - Accounts Production 15.0.600 false true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 08464543 Ms Lisa Pagin Ms Willow Pagin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08464543 2022-11-30 08464543 2023-11-30 08464543 2022-12-01 2023-11-30 08464543 frs-core:CurrentFinancialInstruments 2023-11-30 08464543 frs-core:Non-currentFinancialInstruments 2023-11-30 08464543 frs-core:ShareCapital 2023-11-30 08464543 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 08464543 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08464543 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 08464543 frs-bus:SmallEntities 2022-12-01 2023-11-30 08464543 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 08464543 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 08464543 frs-core:ListedExchangeTraded 2023-11-30 08464543 frs-core:ListedExchangeTraded 2022-11-30 08464543 frs-core:CostValuation frs-core:ListedExchangeTraded 2022-11-30 08464543 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2023-11-30 08464543 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2023-11-30 08464543 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-11-30 08464543 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2022-11-30 08464543 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-11-30 08464543 frs-bus:Director1 2022-12-01 2023-11-30 08464543 frs-bus:Director2 2022-12-01 2023-11-30 08464543 frs-countries:EnglandWales 2022-12-01 2023-11-30 08464543 2021-11-30 08464543 2022-11-30 08464543 2021-12-01 2022-11-30 08464543 frs-core:CurrentFinancialInstruments 2022-11-30 08464543 frs-core:Non-currentFinancialInstruments 2022-11-30 08464543 frs-core:ShareCapital 2022-11-30 08464543 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 08464543
Red Willow Holdings Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08464543
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 16,710 -
16,710 -
CURRENT ASSETS
Debtors 5 85,747 100,069
85,747 100,069
Creditors: Amounts Falling Due Within One Year 6 (141,103 ) (121,728 )
NET CURRENT ASSETS (LIABILITIES) (55,356 ) (21,659 )
TOTAL ASSETS LESS CURRENT LIABILITIES (38,646 ) (21,659 )
Creditors: Amounts Falling Due After More Than One Year 7 (61,684 ) (81,108 )
NET LIABILITIES (100,330 ) (102,767 )
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account (100,530 ) (102,967 )
SHAREHOLDERS' FUNDS (100,330) (102,767)
Page 1
Page 2
For the year ending 30 November 2023 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Lisa Pagin
Director
28/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Red Willow Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08464543 . The registered office is Bay View, Gyllyngvase Road, Falmouth, Cornwall, TR11 4DJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £100,330 (2021: £102,767). The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Investments
Listed
£
Cost
As at 1 December 2022 -
Additions 16,001
Revaluations 709
As at 30 November 2023 16,710
Provision
As at 1 December 2022 -
As at 30 November 2023 -
Net Book Value
As at 30 November 2023 16,710
As at 1 December 2022 -
5. Debtors
2023 2022
£ £
Due within one year
Other debtors - 648
Amounts owed by connected companies 85,747 99,421
85,747 100,069
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6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 29,136 28,870
Other creditors 4,352 -
Accruals and deferred income - 2,282
Directors' loan accounts 72,701 71,367
Amounts owed to connected companies 34,914 19,209
141,103 121,728
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 61,684 81,108
Creditors include secured loans of £81,234 (2022: £100,228).  This loan is secured on the property at Bay View, Gyllyngvase Road, Falmouth, England, TR11 4DJ.
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 200 200
9. Related Party Transactions
Other related party transactions:
Balances receiveable at 30 November 2023 included within the debtors note above:
    - Bloc Cornwall Group Limited:   £85,358   (2022: £99,420)
    - Pennywort Properties Limited:   £389   (2022: -£180)
Balances payable at 30 November 2023 included within the creditors note above:
    - Lux Blu Developments Ltd:   £29,874   (2022: £13,989)
    - Lux Blu Management Limited:   £5,040   (2022: £5,040)
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