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REGISTERED NUMBER: 09954544 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Redstart Investments Limited

Redstart Investments Limited (Registered number: 09954544)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Redstart Investments Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: ms M D Cvetkovic
M Karic





SECRETARY:





REGISTERED OFFICE: 11 Amwell Street
London
EC1R 1UL





REGISTERED NUMBER: 09954544 (England and Wales)





AUDITORS: Alister Wem

Redstart Investments Limited (Registered number: 09954544)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes €    €   
CURRENT ASSETS
Debtors 4 20,927,834 21,381,522
Investments 5 21,205,000 21,205,000
Cash at bank 1,255,260 813,109
43,388,094 43,399,631
CREDITORS
Amounts falling due within one year 6 1,006,343 4,085
NET CURRENT ASSETS 42,381,751 43,395,546
TOTAL ASSETS LESS CURRENT LIABILITIES 42,381,751 43,395,546

CAPITAL AND RESERVES
Called up share capital 44,000,001 45,000,001
Retained earnings (1,618,250 ) (1,604,455 )
SHAREHOLDERS' FUNDS 42,381,751 43,395,546

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 18 September 2024 and were signed on its behalf by:





M Karic - Director


Redstart Investments Limited (Registered number: 09954544)

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

1. STATUTORY INFORMATION

Redstart Investments 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
€    €   
Other debtors 20,927,834 21,381,522

5. CURRENT ASSET INVESTMENTS
31.12.23 31.12.22
€    €   
Shares in group undertakings 21,205,000 21,205,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
€    €   
Trade creditors 1 1
Taxation and social security 2,142 4,084
Other creditors 1,004,200 -
1,006,343 4,085

Redstart Investments Limited (Registered number: 09954544)

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

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Alistair Ian Wem BSc BFP FCA (Senior Statutory Auditor)
for and on behalf of Wem & Co, Alister Wem


Wem & Co
Savoy House, Savoy Circus, London W3 7DA

8. ULTIMATE CONTROLLING PARTY

The controlling party is Delta Real Estate D.O.O, registered in Serbia.