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REGISTERED NUMBER: 02901810 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

REDLAND EMBH GROUP LIMITED

REDLAND EMBH GROUP LIMITED (REGISTERED NUMBER: 02901810)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REDLAND EMBH GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: I A Merali





REGISTERED OFFICE: Unit 5 Sterling Way
Norcot Rd
Reading
RG30 6HW





REGISTERED NUMBER: 02901810 (England and Wales)





ACCOUNTANTS: Chariot House Limited
Chartered Accountants
44 Grand Parade
Brighton
East Sussex
BN2 9QA

REDLAND EMBH GROUP LIMITED (REGISTERED NUMBER: 02901810)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 154,258 127,673
Investments 6 352,861 302,135
507,119 429,808

CURRENT ASSETS
Stocks 505,757 474,970
Debtors 7 769,544 821,045
Cash at bank and in hand 26,333 18,920
1,301,634 1,314,935
CREDITORS
Amounts falling due within one year 8 (1,346,287 ) (1,305,425 )
NET CURRENT (LIABILITIES)/ASSETS (44,653 ) 9,510
TOTAL ASSETS LESS CURRENT
LIABILITIES

462,466

439,318

CREDITORS
Amounts falling due after more than one
year

9

(160,110

)

(185,742

)

PROVISIONS FOR LIABILITIES (28,021 ) (24,258 )
NET ASSETS 274,335 229,318

CAPITAL AND RESERVES
Called up share capital 10 122 122
Share premium 7,775 7,775
Retained earnings 266,438 221,421
SHAREHOLDERS' FUNDS 274,335 229,318

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 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.

REDLAND EMBH GROUP LIMITED (REGISTERED NUMBER: 02901810)

BALANCE SHEET - 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 director and authorised for issue on 29 August 2024 and were signed by:





I A Merali - Director


REDLAND EMBH GROUP LIMITED (REGISTERED NUMBER: 02901810)

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


1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

REDLAND EMBH GROUP LIMITED (REGISTERED NUMBER: 02901810)

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


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and
subsequently measured at cost less any accumulated impairment losses. The investments are assessed
for impairment at each reporting date and any impairment losses or reversals of impairment losses are
recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and
operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a
long-term interest and where the company has significant influence. The company considers that it has
significant influence where it has the power to participate in the financial and operating decisions of the
associate.

Entities in which the company has a long term interest and shares control under a contractual
arrangement are classified as jointly controlled entities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2022 - 31 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 10,000
AMORTISATION
At 1 January 2023
and 31 December 2023 10,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

REDLAND EMBH GROUP LIMITED (REGISTERED NUMBER: 02901810)

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


5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2023 154,734 9,775 51,267 154,824 370,600
Additions - 33,050 10,673 32,020 75,743
Disposals - - - (43,820 ) (43,820 )
At 31 December 2023 154,734 42,825 61,940 143,024 402,523
DEPRECIATION
At 1 January 2023 145,050 2,138 13,426 82,313 242,927
Charge for year 1,027 3,578 6,431 19,468 30,504
Eliminated on disposal - - - (25,166 ) (25,166 )
At 31 December 2023 146,077 5,716 19,857 76,615 248,265
NET BOOK VALUE
At 31 December 2023 8,657 37,109 42,083 66,409 154,258
At 31 December 2022 9,684 7,637 37,841 72,511 127,673

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023 302,135
Additions 50,726
At 31 December 2023 352,861
NET BOOK VALUE
At 31 December 2023 352,861
At 31 December 2022 302,135

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 566,437 579,469
Other debtors 138,216 199,408
VAT 17,100 -
Prepayments 47,791 42,168
769,544 821,045

REDLAND EMBH GROUP LIMITED (REGISTERED NUMBER: 02901810)

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


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 340,384 390,731
Hire purchase contracts 22,567 18,473
Trade creditors 710,150 580,537
Tax 64,789 70,014
Other creditors 189,346 206,496
Directors' current accounts 13,051 28,874
Accruals 6,000 10,300
1,346,287 1,305,425

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 115,567 158,965
Hire purchase contracts 44,543 26,777
160,110 185,742

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
122 Ordinary 1 122 122