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REGISTERED NUMBER: 07970184 (England and Wales)















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: J Redfearn
PW Hewitson





REGISTERED OFFICE: 7 Herbert Close
Abergavenny
Monmouthshire
NP7 7AJ





REGISTERED NUMBER: 07970184 (England and Wales)





ACCOUNTANTS: McMillan & Co LLP
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 - 1,223

CURRENT ASSETS
Debtors 5 3,118 1,000
Cash at bank 96,066 123,711
99,184 124,711
CREDITORS
Amounts falling due within one year 6 2,710 13,079
NET CURRENT ASSETS 96,474 111,632
TOTAL ASSETS LESS CURRENT
LIABILITIES

96,474

112,855

PROVISIONS FOR LIABILITIES 7 - 232
NET ASSETS 96,474 112,623

CAPITAL AND RESERVES
Called up share capital 8 6 6
Retained earnings 96,468 112,617
SHAREHOLDERS' FUNDS 96,474 112,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 16 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 16 September 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.

Redfearn Associates Ltd (Registered number: 07970184)

Balance Sheet - continued
16 September 2024


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 Statement of Income and Retained Earnings 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:





J Redfearn - Director


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 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.

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
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
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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office furniture - 20% on reducing balance
Computer equipment - 33% on cost

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Office Computer
furniture equipment Totals
£ £ £
COST
At 1 April 2023
and 16 September 2024 1,865 3,533 5,398
DEPRECIATION
At 1 April 2023 1,724 2,451 4,175
Charge for period 141 1,082 1,223
At 16 September 2024 1,865 3,533 5,398
NET BOOK VALUE
At 16 September 2024 - - -
At 31 March 2023 141 1,082 1,223

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 500 1,000
Other debtors 2,618 -
3,118 1,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Taxation and social security 910 3,572
Other creditors 1,800 9,507
2,710 13,079

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 - 232

Deferred tax
£
Balance at 1 April 2023 232
Provided during period (232 )
Balance at 16 September 2024 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
2 Ordinary A £1 2 2
2 Ordinary B £1 2 2
1 Ordinary C £1 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.