2023-01-01 09358511 2023-12-31 09358511 2023-01-01 2023-12-31 09358511 2022-12-31 09358511 2022-01-01 2022-12-31 09358511 uk-core:WithinOneYear 2022-12-31 09358511 uk-core:WithinOneYear 2023-12-31 09358511 uk-core:ShareCapital 2023-12-31 09358511 uk-core:ShareCapital 2022-12-31 09358511 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 09358511 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 09358511 uk-bus:Director1 2023-01-01 2023-12-31 09358511 uk-core:ComputerEquipment 2023-01-01 2023-12-31 09358511 uk-core:FurnitureFittings 2023-01-01 2023-12-31 09358511 uk-core:FurnitureFittings 2022-12-31 09358511 uk-core:ComputerEquipment 2022-12-31 09358511 uk-core:ComputerEquipment 2023-12-31 09358511 uk-core:FurnitureFittings 2023-12-31 iso4217:GBP xbrli:pure 09358511 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 09358511 uk-bus:FRS102 2023-01-01 2023-12-31 09358511 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 09358511 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Redwood Financial Consultants Ltd
Registered Number:09358511
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Redwood Financial Consultants Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
09358511
As at 31 December 2023
Redwood Financial Consultants Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Current assets
766,197
Cash and cash equivalents
793,280
793,280
766,197
Trade and other payables: amounts falling due within one
year
(65,685)
(50,140)
3
700,512
743,140
Net current assets
Total assets less current liabilities
743,140
700,512
743,140
Net assets
700,512
Capital and reserves
Called up share capital
2
2
Retained earnings
743,138
700,510
743,140
700,512
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
K Redwood Director
These financial statements were approved and authorised for issue by the Board on 18 November 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Redwood Financial Consultants Ltd
Notes to the Financial Statements
Statutory Information
Redwood Financial Consultants Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09358511.
Registered address:
67 Haydons Road
London
United Kingdom
SW19 1HQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention.
Revenue recognition
Turnover represents the amounts receivable for services provided.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer equipment
25% Straight line
25% Straight line
Furniture and Fittings
2. Property, plant and equipment
Total
Furniture and
Fittings
Computer
equipment
£
£
£
Cost or
valuation
At 01 January 2023
19,265
6,502
12,763
At 31 December 2023
12,763
6,502
19,265
Provision for depreciation and impairment
At 01 January 2023
19,265
6,502
12,763
At 31 December 2023
19,265
6,502
12,763
At 31 December 2023
Net book value
-
-
-
At 31 December 2022
-
-
-
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5
For the year ended 31 December 2023
Redwood Financial Consultants Ltd
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
45,495
32,451
Other creditors
4,645
33,234
50,140
65,685
4. Average number of persons employed
During the year the average number of employees was 3 (2022 : 4)
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