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REGISTERED NUMBER: 05526251 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

21 RED LION STREET UK LIMITED

21 RED LION STREET UK LIMITED (REGISTERED NUMBER: 05526251)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Report of the Directors 2

Report of the Accountants 3

Income Statement 4

Balance Sheet 5

Statement of Changes in Equity 7

Notes to the Financial Statements 8


21 RED LION STREET UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: Dr. M C Smit
Ms A Smit





REGISTERED OFFICE: Ground Floor Marlborough House
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 05526251 (England and Wales)





ACCOUNTANTS: Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ

21 RED LION STREET UK LIMITED (REGISTERED NUMBER: 05526251)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 AUGUST 2024

The directors present their report with the financial statements of the company for the year ended 31 August 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of property investment.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 September 2023 to the date of this report.

Dr. M C Smit
Ms A Smit

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Dr. M C Smit - Director


30 September 2024

21 RED LION STREET UK LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
21 RED LION STREET UK LIMITED


In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.

You have acknowledged on the balance sheet as at year ended 31 August 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.






Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ


Date: .............................................

21 RED LION STREET UK LIMITED (REGISTERED NUMBER: 05526251)

INCOME STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2024

31.8.24 31.8.23
£    £   

TURNOVER 23,482 23,210

Administrative expenses 6,769 7,927
OPERATING PROFIT and
PROFIT BEFORE TAXATION 16,713 15,283

Tax on profit 3,175 2,904
PROFIT FOR THE FINANCIAL
YEAR

13,538

12,379

21 RED LION STREET UK LIMITED (REGISTERED NUMBER: 05526251)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 440,000 440,000

CURRENT ASSETS
Debtors 5 500 172
Cash at bank 8,755 4,712
9,255 4,884
CREDITORS
Amounts falling due within one year 6 124,682 132,849
NET CURRENT LIABILITIES (115,427 ) (127,965 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

324,573

312,035

PROVISIONS FOR LIABILITIES 484 484
NET ASSETS 324,089 311,551

21 RED LION STREET UK LIMITED (REGISTERED NUMBER: 05526251)

BALANCE SHEET - continued
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 2,065 2,065
Retained earnings 321,924 309,386
SHAREHOLDERS' FUNDS 324,089 311,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2024 and were signed on its behalf by:





Dr. M C Smit - Director


21 RED LION STREET UK LIMITED (REGISTERED NUMBER: 05526251)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2024

Called up
share Retained Revaluation Total
capital earnings reserve equity
£    £    £    £   
Balance at 1 September 2022 - 301,007 2,065 303,072

Changes in equity
Issue of share capital 100 - - 100
Dividends - (4,000 ) - (4,000 )
Total comprehensive income - 12,379 - 12,379
Balance at 31 August 2023 100 309,386 2,065 311,551

Changes in equity
Dividends - (1,000 ) - (1,000 )
Total comprehensive income - 13,538 - 13,538
Balance at 31 August 2024 100 321,924 2,065 324,089

21 RED LION STREET UK LIMITED (REGISTERED NUMBER: 05526251)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

21 Red Lion Street Uk 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
In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.

You have acknowledged on the balance sheet as at year ended 31 August 2023 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we
have not verified the accuracy or completeness of the accounting records or information and
explanations you have given to us and we do not, therefore, express any opinion on the financial
statements.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.


21 RED LION STREET UK LIMITED (REGISTERED NUMBER: 05526251)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

2. ACCOUNTING POLICIES - continued
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 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 440,000
NET BOOK VALUE
At 31 August 2024 440,000
At 31 August 2023 440,000

21 RED LION STREET UK LIMITED (REGISTERED NUMBER: 05526251)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.8.24 31.8.23
£    £   
Other debtors 500 172

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.8.24 31.8.23
£    £   
Tax liability 3,176 2,904
VAT 426 621
Other creditors 390 390
Director's current account 119,010 127,254
Accrued expenses 1,680 1,680
124,682 132,849

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
100 Ordinary 1 100 100

8. RELATED PARTY DISCLOSURES

At the balance sheet date, included within creditors due within one year, is an amount of £119,010 (2023: £127,254) owed to the directors. This loan is unsecured, interest free and has no fixed terms of repayment.

The controlling parties are the company directors by virtue of their shareholdings.