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REGISTERED NUMBER: 09201997 (England and Wales)















RED DEER INVESTMENTS

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024






RED DEER INVESTMENTS (REGISTERED NUMBER: 09201997)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


RED DEER INVESTMENTS

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: K Wagner
Mrs D A Wagner





REGISTERED OFFICE: Bushy Park House
1 Sandy Lane
Hampton Wick
Kingston on Thames
Surrey
KT1 4BB





REGISTERED NUMBER: 09201997 (England and Wales)





ACCOUNTANTS: Johns Jones & Lo Limited
Chartered Accountants & Registered Auditors
16 Lambourne Crescent
Cardiff Business Park
Llanishen
Cardiff
CF14 5GF

RED DEER INVESTMENTS (REGISTERED NUMBER: 09201997)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 6,223,926 5,006,343

CURRENT ASSETS
Cash at bank 56,964 67,629

CREDITORS
Amounts falling due within one year 5 576,183 618,875
NET CURRENT LIABILITIES (519,219 ) (551,246 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,704,707

4,455,097

CAPITAL AND RESERVES
Called up share capital 3,334,074 3,334,074
Fair value reserve 6 1,095,296 -
Retained earnings 1,275,337 1,121,023
SHAREHOLDERS' FUNDS 5,704,707 4,455,097

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 14th November 2024 and were signed on its behalf by:





K Wagner - Director


RED DEER INVESTMENTS (REGISTERED NUMBER: 09201997)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Red Deer Investments 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 (£).


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 as modified by the revaluation of certain assets.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern
These financial statements have been prepared on a going concern basis on the grounds that the Directors consider that the Company has sufficient cash resources to enable the Company to continue to meet its liabilities as they fall due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st April 2023 5,006,343
Additions 1,851,464
Disposals (1,729,177 )
Revaluations 1,095,296
At 31st March 2024 6,223,926
NET BOOK VALUE
At 31st March 2024 6,223,926
At 31st March 2023 5,006,343

Cost or valuation at 31st March 2024 is represented by:

Other
investments
£   
Valuation in 2024 1,095,296
Cost 5,128,630
6,223,926

RED DEER INVESTMENTS (REGISTERED NUMBER: 09201997)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

4. FIXED ASSET INVESTMENTS - continued

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 5,128,630 -

Fixed asset investments were valued on an open market basis on 31st March 2024 by RBC Dominion Securities .

Fixed asset investments are investments in publicly traded companies and have been revalued in line with their market value at the balance sheet date.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 7,906 24,398
Other creditors 568,277 594,477
576,183 618,875

6. RESERVES
Fair
value
reserve
£   
Non distributable reserves 1,095,296

At 31st March 2024 1,095,296

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2024 and 31st March 2023:

2024 2023
£    £   
K Wagner and Mrs D A Wagner
Balance outstanding at start of year (593,117 ) (651,333 )
Amounts advanced 54,000 90,635
Amounts repaid (27,799 ) (32,419 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (566,916 ) (593,117 )

No interest is being charged on the loan from the director. The loan is repayable upon demand.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Deborah and Keith Wagner.