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Company Registration No. 11771392 (England and Wales)
REDS CONSTRUCTION LTD Unaudited accounts for the year ended 31 January 2024
REDS CONSTRUCTION LTD Unaudited accounts Contents
Page
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REDS CONSTRUCTION LTD Company Information for the year ended 31 January 2024
Director
Mrs Beverley O'Brien
Company Number
11771392 (England and Wales)
Registered Office
47 FINSBURY PARK WIDNES CHESHIRE WA8 9WN UNITED KINGDOM
Accountants
LKD Accountancy Services 22 Wollomia Way Sunrise Beach Queensland 4567
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REDS CONSTRUCTION LTD Accountants' report
Accountants' report to the director of REDS CONSTRUCTION LTD on the preparation of the unaudited statutory accounts for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of REDS CONSTRUCTION LTD for the year ended 31 January 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of REDS CONSTRUCTION LTD, as a body, in accordance with the terms of our engagement letter dated 25 October 2024. Our work has been undertaken solely to prepare for your approval the accounts of REDS CONSTRUCTION LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than REDS CONSTRUCTION LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that REDS CONSTRUCTION LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of REDS CONSTRUCTION LTD. You consider that REDS CONSTRUCTION LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of REDS CONSTRUCTION LTD. 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 statutory accounts.
LKD Accountancy Services 22 Wollomia Way Sunrise Beach Queensland 4567 25 October 2024
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REDS CONSTRUCTION LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
27,073 
17,312 
Current assets
Debtors
31,078 
43,209 
Cash at bank and in hand
(550)
9,593 
30,528 
52,802 
Creditors: amounts falling due within one year
(45,081)
(54,318)
Net current liabilities
(14,553)
(1,516)
Total assets less current liabilities
12,520 
15,796 
Creditors: amounts falling due after more than one year
(56,963)
(41,829)
Net liabilities
(44,443)
(26,033)
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(44,446)
(26,036)
Shareholders' funds
(44,443)
(26,033)
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 October 2024 and were signed on its behalf by
Mrs Beverley O'Brien Director Company Registration No. 11771392
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REDS CONSTRUCTION LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
REDS CONSTRUCTION LTD is a private company, limited by shares, registered in England and Wales, registration number 11771392. The registered office is 47 FINSBURY PARK, WIDNES, CHESHIRE, WA8 9WN, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2023
37,500 
Additions
15,529 
At 31 January 2024
53,029 
Depreciation
At 1 February 2023
20,188 
Charge for the year
5,768 
At 31 January 2024
25,956 
Net book value
At 31 January 2024
27,073 
At 31 January 2023
17,312 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,163 
1,146 
Other debtors
29,915 
42,063 
31,078 
43,209 
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REDS CONSTRUCTION LTD Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
43,781 
53,018 
Accruals
1,300 
1,300 
45,081 
54,318 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
36,611 
41,829 
Obligations under finance leases and hire purchase contracts
20,352 
- 
56,963 
41,829 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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