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REGISTERED NUMBER: 05611784 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

REDWORTH CALEDONIAN ASSOCIATES LIMITED

REDWORTH CALEDONIAN ASSOCIATES LIMITED (REGISTERED NUMBER: 05611784)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REDWORTH CALEDONIAN ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTOR: Mr T Kirkley





REGISTERED OFFICE: Villamoura
Redworth Hall Estate
Redworth
Newton Aycliffe
Co. Durham
DL5 6PA





REGISTERED NUMBER: 05611784 (England and Wales)





ACCOUNTANTS: Sanders Swinbank Limited
Chartered Accountants and Business Advisers
North Point
Faverdale North
Darlington
Co. Durham
DL3 0PH

REDWORTH CALEDONIAN ASSOCIATES LIMITED (REGISTERED NUMBER: 05611784)

BALANCE SHEET
31ST DECEMBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 27,632 37,348

CURRENT ASSETS
Debtors 5 19,997 32,749
Cash at bank and in hand 3,339,808 3,516,578
3,359,805 3,549,327
CREDITORS
Amounts falling due within one year 6 587,341 591,071
NET CURRENT ASSETS 2,772,464 2,958,256
TOTAL ASSETS LESS CURRENT LIABILITIES 2,800,096 2,995,604

PROVISIONS FOR LIABILITIES - 417
NET ASSETS 2,800,096 2,995,187

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,799,996 2,995,087
SHAREHOLDERS' FUNDS 2,800,096 2,995,187

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

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

The director acknowledges his 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.

REDWORTH CALEDONIAN ASSOCIATES LIMITED (REGISTERED NUMBER: 05611784)

BALANCE SHEET - continued
31ST 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 director and authorised for issue on 20th September 2024 and were signed by:





Mr T Kirkley - Director


REDWORTH CALEDONIAN ASSOCIATES LIMITED (REGISTERED NUMBER: 05611784)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023

1. STATUTORY INFORMATION

Redworth Caledonian Associates Limited 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.

Turnover
Income from commissions received is recognised at the inception of a policy and provisions are made for potential commission clawbacks for policies that could cancel in the future.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance and 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

REDWORTH CALEDONIAN ASSOCIATES LIMITED (REGISTERED NUMBER: 05611784)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1st January 2023
and 31st December 2023 80,970
DEPRECIATION
At 1st January 2023 43,622
Charge for year 9,716
At 31st December 2023 53,338
NET BOOK VALUE
At 31st December 2023 27,632
At 31st December 2022 37,348

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other debtors 19,997 32,749

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Taxation and social security 586,928 586,511
Other creditors 413 4,560
587,341 591,071