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REGISTERED NUMBER: SC210065 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Reddleman Properties Limited

Reddleman Properties Limited (Registered number: SC210065)






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 3


Reddleman Properties Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: S Walker
Mrs H Walker





SECRETARY: S Walker





REGISTERED OFFICE: Little Lochsherrif
Culbokie
Dingwall
ROSS-SHIRE
IV7 8JY





REGISTERED NUMBER: SC210065 (Scotland)






Reddleman Properties Limited (Registered number: SC210065)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 192,755 271,723

CURRENT ASSETS
Debtors 5 302,176 297,336
Investments 6 912,054 993,316
Cash at bank 77,760 4,927
1,291,990 1,295,579
CREDITORS
Amounts falling due within one year 7 (278,789 ) (233,720 )
NET CURRENT ASSETS 1,013,201 1,061,859
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,205,956

1,333,582

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,205,856 1,333,482
SHAREHOLDERS' FUNDS 1,205,956 1,333,582

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.

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 26 September 2024 and were signed on its behalf by:





S Walker - Director


Reddleman Properties Limited (Registered number: SC210065)

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

1. STATUTORY INFORMATION

Reddleman Properties Limited is a private company, limited by shares , registered in Scotland. 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.

TANGIBLE FIXED ASSETS
No depreciation is charged on freehold property. The directors are of the opinion that due to the satisfactory maintenance of the property the economic life and residual value are such that any depreciation would be immaterial and accordingly no provision has been made.


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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 January 2023 271,723
Disposals (78,968 )
At 31 December 2023 192,755
NET BOOK VALUE
At 31 December 2023 192,755
At 31 December 2022 271,723

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 22,176 22,336

Reddleman Properties Limited (Registered number: SC210065)

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

5. DEBTORS - continued
2023 2022
£    £   
Amounts falling due after more than one year:
Other debtors 280,000 275,000

Aggregate amounts 302,176 297,336

6. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 912,054 993,316

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 3,189 7,720
Other creditors 275,600 226,000
278,789 233,720