Company Registration No. 07790441 (England and Wales)
Redwood Estates Limited
Unaudited accounts
for the year ended 31 December 2023
Redwood Estates Limited
Unaudited accounts
Contents
Redwood Estates Limited
Company Information
for the year ended 31 December 2023
Company Number
07790441 (England and Wales)
Registered Office
58 GREENBANK ROAD DEVONSHIRE PARK
TRANMERE
BIRKENHEAD
WIRRAL CHESHIRE
CH42 7JT
Redwood Estates Limited
Statement of financial position
as at 31 December 2023
Investment property
1,636,875
1,386,164
Cash at bank and in hand
803
181,461
Creditors: amounts falling due within one year
(91,432)
(78,040)
Net current assets
44,269
301,319
Total assets less current liabilities
1,681,144
1,687,483
Creditors: amounts falling due after more than one year
(307,367)
(325,627)
Net assets
1,373,777
1,361,856
Called up share capital
2
2
Share premium
1,064,998
1,064,998
Profit and loss account
308,777
296,856
Shareholders' funds
1,373,777
1,361,856
For the year ending 31 December 2023 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 his 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 28 October 2024 and were signed on its behalf by
Mr P Havard
Director
Company Registration No. 07790441
Redwood Estates Limited
Notes to the Accounts
for the year ended 31 December 2023
Redwood Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 07790441. The registered office is 58 GREENBANK ROAD DEVONSHIRE PARK, TRANMERE, BIRKENHEAD, WIRRAL CHESHIRE, CH42 7JT.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 January 2023
1,386,164
At 31 December 2023
1,636,875
Amounts falling due within one year
Other debtors
134,898
197,898
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
16,827
26,882
Other creditors
7,130
8,850
Loans from directors
67,475
42,308
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
199,367
220,627
Other creditors
108,000
105,000
Redwood Estates Limited
Notes to the Accounts
for the year ended 31 December 2023
8
Transactions with related parties
As at the year end the company owed P Havard (director) £42,308 (2021 - £74,782)
During the period under review Caverdale Estates Limited was deemed a related party by virtue of
common control. At the year end Redwood Estates Limited was owed £197,898 (2021 - £263,398) by Caverdale Estates Limited.
During the period under review Laurel Properties Limited was deemed a related party by virtue of
common control. At the year end Redwood Estates Limited owes £95,000 (2021 - £95,000) to
Laurel Properties Limited.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).