IRIS Accounts Production v24.3.0.553 09025406 director 1.1.23 31.12.23 31.12.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090254062022-12-31090254062023-12-31090254062023-01-012023-12-31090254062021-12-31090254062022-01-012022-12-31090254062022-12-3109025406ns15:EnglandWales2023-01-012023-12-3109025406ns14:PoundSterling2023-01-012023-12-3109025406ns10:Director12023-01-012023-12-3109025406ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109025406ns10:SmallEntities2023-01-012023-12-3109025406ns10:AuditExemptWithAccountantsReport2023-01-012023-12-3109025406ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109025406ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3109025406ns10:FullAccounts2023-01-012023-12-3109025406ns10:RegisteredOffice2023-01-012023-12-3109025406ns5:CurrentFinancialInstruments2023-12-3109025406ns5:CurrentFinancialInstruments2022-12-3109025406ns5:ShareCapital2023-12-3109025406ns5:ShareCapital2022-12-3109025406ns5:RetainedEarningsAccumulatedLosses2023-12-3109025406ns5:RetainedEarningsAccumulatedLosses2022-12-3109025406ns5:FurnitureFittings2023-01-012023-12-3109025406ns5:FurnitureFittings2022-12-3109025406ns5:MotorVehicles2022-12-3109025406ns5:ComputerEquipment2022-12-3109025406ns5:MotorVehicles2023-01-012023-12-3109025406ns5:ComputerEquipment2023-01-012023-12-3109025406ns5:FurnitureFittings2023-12-3109025406ns5:MotorVehicles2023-12-3109025406ns5:ComputerEquipment2023-12-3109025406ns5:FurnitureFittings2022-12-3109025406ns5:MotorVehicles2022-12-3109025406ns5:ComputerEquipment2022-12-3109025406ns5:CostValuation2022-12-3109025406ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3109025406ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-31
REGISTERED NUMBER: 09025406 (England and Wales)















REDSTONE RESIDENTIAL LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






REDSTONE RESIDENTIAL LTD (REGISTERED NUMBER: 09025406)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

REDSTONE RESIDENTIAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mr S K Chibber





REGISTERED OFFICE: King Arthurs Court
Maidstone Road
Charing
Ashford
Kent
TN27 0JS





REGISTERED NUMBER: 09025406 (England and Wales)





ACCOUNTANTS: Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS

REDSTONE RESIDENTIAL LTD (REGISTERED NUMBER: 09025406)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 64,397 85,667
Investments 5 52,570 52,570
116,967 138,237

CURRENT ASSETS
Debtors 6 228,867 223,707
Cash at bank - 3,378
228,867 227,085
CREDITORS
Amounts falling due within one year 7 (183,449 ) (148,830 )
NET CURRENT ASSETS 45,418 78,255
TOTAL ASSETS LESS CURRENT
LIABILITIES

162,385

216,492

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 162,384 216,491
SHAREHOLDERS' FUNDS 162,385 216,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

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 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.

REDSTONE RESIDENTIAL LTD (REGISTERED NUMBER: 09025406)

BALANCE SHEET - continued
31 DECEMBER 2023


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 director and authorised for issue on 30 September 2024 and were signed by:





Mr S K Chibber - Director


REDSTONE RESIDENTIAL LTD (REGISTERED NUMBER: 09025406)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Redstone Residential Ltd 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixture & Fittings - 25% on reducing balance

Computer Equipment - 25% Straight Line

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Fixture & Motor Computer
Fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 1,402 111,289 5,714 118,405
Additions - - 155 155
At 31 December 2023 1,402 111,289 5,869 118,560
DEPRECIATION
At 1 January 2023 1,032 27,822 3,884 32,738
Charge for year 100 20,867 458 21,425
At 31 December 2023 1,132 48,689 4,342 54,163
NET BOOK VALUE
At 31 December 2023 270 62,600 1,527 64,397
At 31 December 2022 370 83,467 1,830 85,667

REDSTONE RESIDENTIAL LTD (REGISTERED NUMBER: 09025406)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023
and 31 December 2023 52,570
NET BOOK VALUE
At 31 December 2023 52,570
At 31 December 2022 52,570

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Sundry debtors 106,840 106,840
VAT 12,027 6,867
Accruals 110,000 110,000
228,867 223,707

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 40,044 -
Trade creditors - 39,204
Sundry creditors 51,470 -
Directors' current accounts 88,610 107,850
Accrued expenses 3,325 1,776
183,449 148,830

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S K Chibber.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
REDSTONE RESIDENTIAL LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Redstone Residential Ltd for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Redstone Residential Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Redstone Residential Ltd and state those matters that we have agreed to state to the director of Redstone Residential Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Redstone Residential Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Redstone Residential Ltd. You consider that Redstone Residential 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 financial statements of Redstone Residential 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 financial statements.






Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS


30 September 2024