REGISTERED NUMBER: |
Redfearn Associates Ltd |
Unaudited Financial Statements |
for the Period 1 April 2023 to 16 September 2024 |
REGISTERED NUMBER: |
Redfearn Associates Ltd |
Unaudited Financial Statements |
for the Period 1 April 2023 to 16 September 2024 |
Redfearn Associates Ltd (Registered number: 07970184) |
Contents of the Financial Statements |
for the period 1 April 2023 to 16 September 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Redfearn Associates Ltd |
Company Information |
for the period 1 April 2023 to 16 September 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
28 Eaton Avenue |
Matrix Office Park |
Buckshaw Village |
Chorley |
Lancashire |
PR7 7NA |
Redfearn Associates Ltd (Registered number: 07970184) |
Balance Sheet |
16 September 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Redfearn Associates Ltd (Registered number: 07970184) |
Balance Sheet - continued |
16 September 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Redfearn Associates Ltd (Registered number: 07970184) |
Notes to the Financial Statements |
for the period 1 April 2023 to 16 September 2024 |
1. | STATUTORY INFORMATION |
Redfearn Associates Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
The amounts in the financial statements have been rounded to the nearest £1. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Revenue is recognised, in respect of contracts where the company's contractual obligations are performed gradually over time, as contract activity progresses to reflect the company's partial performance of its contractual obligations. The amount of revenue reflects the accrual of the right to consideration as contract activity progresses by reference to value of the work performed. |
Tangible fixed assets |
Office furniture | - |
Computer equipment | - |
Financial instruments |
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include debtors, prepayments and bank balances, are initially measured at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the asset is measured at the present value of the future receipts discounted at a market rate of interest. Basic financial liabilities, which include creditors, accruals, bank loans and group borrowings, are initially recognised at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the liability is measured at the present value of the future obligations discounted at a market rate of interest. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
Redfearn Associates Ltd (Registered number: 07970184) |
Notes to the Financial Statements - continued |
for the period 1 April 2023 to 16 September 2024 |
2. | ACCOUNTING POLICIES - continued |
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 period 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 period was |
4. | TANGIBLE FIXED ASSETS |
Office | Computer |
furniture | equipment | Totals |
£ | £ | £ |
COST |
At 1 April 2023 |
and 16 September 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for period |
At 16 September 2024 |
NET BOOK VALUE |
At 16 September 2024 |
At 31 March 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Taxation and social security |
Other creditors |
Redfearn Associates Ltd (Registered number: 07970184) |
Notes to the Financial Statements - continued |
for the period 1 April 2023 to 16 September 2024 |
7. | PROVISIONS FOR LIABILITIES |
2024 | 2023 |
£ | £ |
Deferred tax |
Accelerated capital allowances |
Deferred tax |
£ |
Balance at 1 April 2023 |
Provided during period | ( |
) |
Balance at 16 September 2024 |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary A | £1 | 2 | 2 |
Ordinary B | £1 | 2 | 2 |
Ordinary C | £1 | 1 | 1 |
Ordinary D | £1 | 1 | 1 |
6 | 6 |
9. | RELATED PARTY DISCLOSURES |
In the opinion of the directors the company is controlled by J Redfearn and PW Hewitson. |