Redbrow Garden Machinery Limited 02990874 Garden Machinery Sales and Servicing false 26 March 2023 02990874 2023-03-26 2024-03-31 02990874 2023-03-25 02990874 2024-03-31 02990874 2022-03-26 2023-03-25 02990874 2022-03-25 02990874 2023-03-25 02990874 frs102-bus:FRS102 2023-03-26 2024-03-31 02990874 frs102-bus:PrivateLimitedCompanyLtd 2023-03-26 2024-03-31 02990874 frs102-bus:FullAccounts 2023-03-26 2024-03-31 02990874 frs102-bus:AuditExemptWithAccountantsReport 2023-03-26 2024-03-31 02990874 frs102-core:CurrentFinancialInstruments 2024-03-31 02990874 frs102-core:CurrentFinancialInstruments 2023-03-25 02990874 frs102-core:Non-currentFinancialInstruments 2024-03-31 02990874 frs102-core:Non-currentFinancialInstruments 2023-03-25 02990874 frs102-core:ShareCapital 2024-03-31 02990874 frs102-core:ShareCapital 2023-03-25 02990874 frs102-core:OtherReservesSubtotal 2024-03-31 02990874 frs102-core:OtherReservesSubtotal 2023-03-25 02990874 frs102-core:RetainedEarningsAccumulatedLosses 2024-03-31 02990874 frs102-core:RetainedEarningsAccumulatedLosses 2023-03-25 02990874 frs102-bus:Director1 2023-03-26 2024-03-31 02990874 frs102-core:FurnitureFittings 2023-03-26 2024-03-31 02990874 frs102-core:FurnitureFittings 2023-03-25 02990874 frs102-core:FurnitureFittings 2024-03-31 02990874 frs102-core:FurnitureFittings 2023-03-25 02990874 frs102-bus:OrdinaryShareClass1 2024-03-31 02990874 frs102-bus:OrdinaryShareClass1 2023-03-25 02990874 frs102-bus:OrdinaryShareClass1 2023-03-26 2024-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
02990874
Redbrow Garden Machinery Limited
Unaudited Accounts
for the period
26 March 2023 to 31 March 2024
Redbrow Garden Machinery Limited
Balance Sheet
as at 31 March 2024
Notes
2024
£
2023
£
Fixed assets
Tangible assets 3 2,677 3,569
2,677 3,569
Current assets
Stocks 4 110,234 115,562
Debtors 5 1,744 2,465
Cash at bank and in hand 48 48
112,026 118,075
Prepayments and accrued income: 2,925 2,925
Creditors: amounts falling due within one year 6 (17,813) (25,775)
Net current assets / (liabilities) 97,138 95,225
Total assets less current liabilities 99,815 98,794
Creditors: amounts falling due after more than one year 7 (54,951) (60,081)
Provisions for liabilities (0) (0)
Accruals and deferred income (1,390) (1,337)
Total net assets (liabilities) 43,474 37,376
Capital and reserves
Called up share capital 8 99 99
Other reserves 27,500 27,500
Profit and loss account 15,875 9,777
Shareholders' funds 43,474 37,376

Redbrow Garden Machinery Limited
Balance Sheet
as at 31 March 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the period ending 31 March 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.

Signed on behalf of the board of directors

...............................

Mr B Bennett

Director


Approved by the board on 25 September 2024

Company Number: 02990874 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Unit 7 Simpsons Business Park Buxton Road
Hazel Grove
Stockport
SK7 6LZ
England

Redbrow Garden Machinery Limited
Notes to the Accounts
for the period 26 March 2023 to 31 March 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Fixtures & fittings 25% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.
2. Employees
2024 2023
Average number of employees during the period 2 2

3. Tangible fixed assets
Fixtures & fittings Total
Cost or valuation £ £
At 26 March 2023 12,869 12,869
At 31 March 2024 12,869 12,869
Depreciation
At 26 March 2023 9,300 9,300
Charge for the period 892 892
At 31 March 2024 10,192 10,192
Net book value
At 31 March 2024 2,677 2,677
At 25 March 2023 3,569 3,569

4. Stocks
2024 2023
£ £
Finished goods 110,234 115,562
110,234 115,562

5. Debtors
2024 2023
£ £
Trade debtors 1,744 2,465
1,744 2,465

6. Creditors: amounts falling due within one year
2024 2023
£ £
Bank Loans & Overdrafts 4,407 7,205
Trade creditors 10,856 18,846
Taxation & social security 2,550 (276)
17,813 25,775

7. Creditors: amounts falling due after one year
2024 2023
£ £
Bank Loans & overdrafts 5,000 10,130
Other 49,951 49,951
54,951 60,081

8. Share capital
2024 2023
£ £
Allotted, called up and fully paid:
99 (2023: 99) Ordinary shares of £1.00 each 99 99
99 99