REDCAR INVESTMENT CO.LIMITED

Company Registration Number:
00616748 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 06 April 2023

End date: 31 March 2024

REDCAR INVESTMENT CO.LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

REDCAR INVESTMENT CO.LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 25,729 31,377
Investments: 4 4,345,000 4,345,000
Total fixed assets: 4,370,729 4,376,377
Current assets
Stocks: 401 563
Debtors: 5 16,258 4,089
Cash at bank and in hand: 180,646 187,294
Investments:   233,374 315,997
Total current assets: 430,679 507,943
Creditors: amounts falling due within one year:   (34,119) (167,400)
Net current assets (liabilities): 396,560 340,543
Total assets less current liabilities: 4,767,289 4,716,920
Creditors: amounts falling due after more than one year:   (593) (732)
Total net assets (liabilities): 4,766,696 4,716,188
Capital and reserves
Called up share capital: 3,006 3,006
Revaluation reserve:64,153,0694,153,069
Profit and loss account: 610,621 560,113
Shareholders funds: 4,766,696 4,716,188

The notes form part of these financial statements

REDCAR INVESTMENT CO.LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 September 2024
and signed on behalf of the board by:

Name: Sir CR Watt
Status: Director

The notes form part of these financial statements

REDCAR INVESTMENT CO.LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

REDCAR INVESTMENT CO.LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

REDCAR INVESTMENT CO.LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 06 April 2023 128,878
At 31 March 2024 128,878
Depreciation
At 06 April 2023 97,501
Charge for year 5,648
At 31 March 2024 103,149
Net book value
At 31 March 2024 25,729
At 05 April 2023 31,377

REDCAR INVESTMENT CO.LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Fixed investments

Investments held in Raymond James

REDCAR INVESTMENT CO.LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

REDCAR INVESTMENT CO.LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Revaluation reserve

2024
£
Balance at 06 April 2023 4,153,069
Surplus or deficit after revaluation 0
Balance at 31 March 2024 4,153,069