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Registered number: 09499677

Re-drive Stabilisation Ltd

ACCOUNTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

Prepared By:
Unsworth's Accountancy Services Ltd
Chartered Certified
39 Stockwell Road
East Grinstead
West Sussex
RH19 4BD

Re-drive Stabilisation Ltd

Registered Number: 09499677
BALANCE SHEET AT 29 February 2024
20242023
££
Fixed assets-57,746
Current assets8,5749,673
Prepayments and accrued income-1,284
Creditors: amounts falling due within one year(210,285)(218,125)
Net Current Liabilities(201,711)(207,168)
Total assets less current liabilities(201,711)(149,422)
Creditors: amounts falling due after more than one year18,84027,292
Accruals and deferred income690690
Net Liabilities(221,241)(177,404)
Capital and reserves(221,241)(177,404)
Directors' benefits: advances, credits and guarantees
There were no overdrawn director loan balances at the year end.
Average Number of Employees
During the year the average number of employees was 2.
Company information
Private company limited by shares registered in EW - England and Wales, registered number 09499677. Registered office 1 Bayhorne Farm Cottage, Bayhorne Lane, Horley, Surrey, RH6 9ES
For the year ending 29 February 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the micro-entities regime.
These accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 23 October 2024 and signed on their behalf by
.............................
Philip Benjamin Kidd
Director

Re-drive Stabilisation Ltd

1. GOING CONCERN
Since the COVID-19 pandemic has reduced that number of projects that the company has been involved in resulting in the director taking the decision to stop trading through this company. Therefore, the company is no longer trading and the assets were sold to Kidd Farm Services.
The main creditors are the Bounce Back loan, the balance of which was £25,458 and the director, who was owed £172,023 at the year end.