1 April 2023 false Taxfiler 2024.6 10369081business:PrivateLimitedCompanyLtd2023-04-012024-03-31 103690812023-03-31 103690812023-04-012024-03-31 10369081business:AuditExemptWithAccountantsReport2023-04-012024-03-31 10369081business:FilletedAccounts2023-04-012024-03-31 103690812024-03-31 103690812023-03-31 10369081core:WithinOneYear2024-03-31 10369081core:WithinOneYear2023-03-31 10369081core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 10369081core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 10369081core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 10369081core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10369081core:PreviouslyStatedAmount2024-03-31 10369081core:PreviouslyStatedAmount2023-03-31 10369081business:SmallEntities2023-04-012024-03-31 10369081business:Director22023-04-012024-03-31 10369081countries:EnglandWales2023-04-012024-03-31 10369081business:RegisteredOffice2023-04-012024-03-31 103690812022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10369081 (England and Wales)
Redd Retail Group Limited Unaudited accounts for the year ended 31 March 2024
Redd Retail Group Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
305 
305 
Current assets
Debtors
- 
900 
Cash at bank and in hand
378,522 
588,690 
378,522 
589,590 
Creditors: amounts falling due within one year
(377,184)
(588,930)
Net current assets
1,338 
660 
Net assets
1,643 
965 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
643 
(35)
Shareholders' funds
1,643 
965 
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 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 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 of Directors and authorised for issue on 19 November 2024 and were signed on its behalf by
Karl J Turnbull Director Company Registration No. 10369081
- 2 -
Redd Retail Group Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Redd Retail Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10369081. The registered office is John O'Gaunt House Station Road, John O'Gaunt, Melton Mowbray, Leicestershire, LE14 2RE, ENGLAND.
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
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2023
305 
Valuation at 31 March 2024
305 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
900 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
373,654 
584,500 
Other creditors
- 
205 
Loans from directors
3,530 
4,225 
377,184 
588,930 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 3 -