IRIS Accounts Production v24.3.0.553 14691639 Board of Directors 27.2.23 29.2.24 29.2.24 true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh146916392023-02-26146916392024-02-29146916392023-02-272024-02-29146916392023-02-2614691639ns15:EnglandWales2023-02-272024-02-2914691639ns14:PoundSterling2023-02-272024-02-2914691639ns10:Director12023-02-272024-02-2914691639ns10:PrivateLimitedCompanyLtd2023-02-272024-02-2914691639ns10:SmallEntities2023-02-272024-02-2914691639ns10:AuditExempt-NoAccountantsReport2023-02-272024-02-2914691639ns10:SmallCompaniesRegimeForAccounts2023-02-272024-02-2914691639ns10:FullAccounts2023-02-272024-02-2914691639ns10:OrdinaryShareClass12023-02-272024-02-2914691639ns10:Director22023-02-272024-02-2914691639ns10:RegisteredOffice2023-02-272024-02-2914691639ns5:CurrentFinancialInstruments2024-02-2914691639ns5:ShareCapital2024-02-2914691639ns5:AdditionsToInvestments2024-02-2914691639ns5:CostValuation2024-02-2914691639ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2914691639ns10:OrdinaryShareClass12024-02-2914691639ns5:RetainedEarningsAccumulatedLosses2023-02-272024-02-2914691639ns5:RetainedEarningsAccumulatedLosses2024-02-29
REGISTERED NUMBER: 14691639 (England and Wales)















Unaudited Financial Statements

for the Period

27 February 2023 to 29 February 2024

for

Reddispares Holdings Limited

Reddispares Holdings Limited (Registered number: 14691639)






Contents of the Financial Statements
for the Period 27 February 2023 to 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Reddispares Holdings Limited

Company Information
for the Period 27 February 2023 to 29 February 2024







DIRECTORS: B Robins
A Robins





REGISTERED OFFICE: 794 High Street
Kingswinford
West Midlands
DY6 8BQ





BUSINESS ADDRESS: 217 Mount Pleasant
Southcrest
Redditch
Worcestershire
B97 4JG





REGISTERED NUMBER: 14691639 (England and Wales)





ACCOUNTANTS: Dalton Pardoe Limited
Chartered Accountants
794 High Street
Kingswinford
West Midlands
DY6 8BQ

Reddispares Holdings Limited (Registered number: 14691639)

Balance Sheet
29 February 2024

Notes £    £   
FIXED ASSETS
Investments 4 100

CURRENT ASSETS
Debtors 5 18,876
Cash in hand 100
18,976
CREDITORS
Amounts falling due within one year 6 18,876
NET CURRENT ASSETS 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

200

CAPITAL AND RESERVES
Called up share capital 7 200
SHAREHOLDERS' FUNDS 200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 February 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 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 4 October 2024 and were signed on its behalf by:




A Robins - Director


Reddispares Holdings Limited (Registered number: 14691639)

Notes to the Financial Statements
for the Period 27 February 2023 to 29 February 2024

1. STATUTORY INFORMATION

Reddispares Holdings 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period 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 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 .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 100
At 29 February 2024 100
NET BOOK VALUE
At 29 February 2024 100

Reddispares Holdings Limited (Registered number: 14691639)

Notes to the Financial Statements - continued
for the Period 27 February 2023 to 29 February 2024

4. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Reddispares Discount Services Limited
Registered office: United Kingdom
Nature of business: Sale and repair of domestic appliances.
%
Class of shares: holding
Ordinary shares 100.00
29.2.24
£    £   
Aggregate capital and reserves 326,607 236,420
Profit for the period 110,187 62,252

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by associates 14,876
Other debtors 4,000
18,876

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' current accounts 18,876

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
200 Ordinary £1 200

8. RESERVES
Retained
earnings
£   

Profit for the period 20,000
Dividends (20,000 )
At 29 February 2024 -

9. RELATED PARTY DISCLOSURES

The company paid dividends to its director Mr B Robins of £20,000 in the year under review.

Reddispares Holdings Limited (Registered number: 14691639)

Notes to the Financial Statements - continued
for the Period 27 February 2023 to 29 February 2024

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is B Robins.