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Company Registration No. 03650738 (England and Wales)
REDLAKE GARAGE SERVICES LIMITED Unaudited accounts for the year ended 31 March 2024
REDLAKE GARAGE SERVICES LIMITED Unaudited accounts Contents
Page
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REDLAKE GARAGE SERVICES LIMITED Company Information for the year ended 31 March 2024
Director
J S Holdway
Company Number
03650738 (England and Wales)
Registered Office
203 West Street Fareham Hampshire PO16 0EN United Kingdom
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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REDLAKE GARAGE SERVICES LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,813 
2,355 
Current assets
Inventories
15,725 
15,725 
Debtors
48,307 
35,838 
Cash at bank and in hand
15,272 
73,073 
79,304 
124,636 
Creditors: amounts falling due within one year
(70,077)
(80,427)
Net current assets
9,227 
44,209 
Total assets less current liabilities
13,040 
46,564 
Creditors: amounts falling due after more than one year
(13,018)
(13,018)
Net assets
22 
33,546 
Capital and reserves
Share premium
2 
2 
Profit and loss account
20 
33,544 
Shareholders' funds
22 
33,546 
For the year ending 31 March 2024 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 29 August 2024 and were signed on its behalf by
J S Holdway Director Company Registration No. 03650738
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REDLAKE GARAGE SERVICES LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
REDLAKE GARAGE SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03650738. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
17,993 
700 
- 
18,693 
Additions
- 
- 
2,374 
2,374 
At 31 March 2024
17,993 
700 
2,374 
21,067 
Depreciation
At 1 April 2023
16,032 
306 
- 
16,338 
Charge for the year
490 
98 
328 
916 
At 31 March 2024
16,522 
404 
328 
17,254 
Net book value
At 31 March 2024
1,471 
296 
2,046 
3,813 
At 31 March 2023
1,961 
394 
- 
2,355 
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REDLAKE GARAGE SERVICES LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
7,604 
- 
Trade debtors
- 
10,556 
Other debtors
40,703 
25,282 
48,307 
35,838 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,333 
3,333 
VAT
- 
11,257 
Trade creditors
- 
44,816 
Taxes and social security
14,785 
17,321 
Other creditors
50,514 
- 
Accruals
1,445 
3,700 
70,077 
80,427 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,018 
13,018 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
J S Holdway
Directors's loan account
20,108 
(93,900)
(100,320)
26,528 
20,108 
(93,900)
(100,320)
26,528 
9
Average number of employees
During the year the average number of employees was 1 (2023: 3).
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