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REGISTERED NUMBER: 13100152 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Redmayne House Bristol Ltd

Redmayne House Bristol Ltd (Registered number: 13100152)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Redmayne House Bristol Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: J Brecknell
J W Saumarez Smith





REGISTERED OFFICE: 5 Park Street Avenue
Bristol
United Kingdom
BS1 5LQ





REGISTERED NUMBER: 13100152 (England and Wales)





ACCOUNTANTS: Silbury Accountants Limited
Chartered Accountants
Oak Apple House
North Street
Milborne Port
Sherborne
DT9 5EW

Redmayne House Bristol Ltd (Registered number: 13100152)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,994,343 2,161,729

CURRENT ASSETS
Debtors 5 8,852 29,955
Cash at bank 14,623 15,145
23,475 45,100
CREDITORS
Amounts falling due within one year 6 1,475,715 1,567,109
NET CURRENT LIABILITIES (1,452,240 ) (1,522,009 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

542,103

639,720

CREDITORS
Amounts falling due after more than one
year

7

820,000

820,000
NET LIABILITIES (277,897 ) (180,280 )

CAPITAL AND RESERVES
Called up share capital 9 110 110
Retained earnings (278,007 ) (180,390 )
SHAREHOLDERS' FUNDS (277,897 ) (180,280 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Redmayne House Bristol Ltd (Registered number: 13100152)

Statement of Financial Position - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2024 and were signed on its behalf by:





J Brecknell - Director


Redmayne House Bristol Ltd (Registered number: 13100152)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Redmayne House Bristol Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Redmayne House Bristol Ltd (Registered number: 13100152)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 2,117,734 182,386 2,300,120
Additions 14,566 728,302 742,868
Disposals (647,558 ) (80,744 ) (728,302 )
At 31 December 2023 1,484,742 829,944 2,314,686
DEPRECIATION
At 1 January 2023 73,737 64,654 138,391
Charge for year 29,693 196,367 226,060
Eliminated on disposal (23,922 ) (20,186 ) (44,108 )
At 31 December 2023 79,508 240,835 320,343
NET BOOK VALUE
At 31 December 2023 1,405,234 589,109 1,994,343
At 31 December 2022 2,043,997 117,732 2,161,729

Land and buildings disposal is the recategorisation of assets as plant and machinery, to more accurately to reflect the position.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors - 2,983
Other debtors 8,852 26,972
8,852 29,955

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 16,643 3,621
Taxation and social security 1,354 978
Other creditors 1,457,718 1,562,510
1,475,715 1,567,109

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 820,000 820,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 820,000 820,000

Redmayne House Bristol Ltd (Registered number: 13100152)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 820,000 820,000

Fixed and floating charges are in place on the freehold property and other company assets.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary A £1 100 100
10 Ordinary B £1 10 10
110 110

10. RELATED PARTY DISCLOSURES

During the period, the company paid management fees of £42,309 (2022 £24,871) to Urban Creation Limited, of which J Brecknell, director, is a director and shareholder.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Toppy Mctopco Ltd.

The registered office of Toppy Mctopco Ltd is 5 Park Street Avenue, Bristol BS1 5LQ.

12. GOING CONCERN

The directors will continue to support the company and believe that the business is a going concern. In making this assessment, the directors have considered the likely trading conditions for a period of 12 months from the date of approval of these accounts.