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Registered number: 12299864

RED HORSE RE LIMITED

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

RED HORSE RE LIMITED

ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
DIRECTORS
A Shaked
REGISTERED OFFICE
First Floor 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 12299864
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

RED HORSE RE LIMITED

ACCOUNTS
FOR THEYEARENDED30 NOVEMBER 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

RED HORSE RE LIMITED

BALANCE SHEET AT 30 November 2023
20232022
Notes££
FIXED ASSETS
Tangible assets1,292,9611,292,961
CURRENT ASSETS
Debtors411,1843,062
Cash at bank and in hand57,31739,078
68,50142,140
CREDITORS: Amounts falling due within one year51,374,0871,361,779
NET CURRENT LIABILITIES(1,305,586)(1,319,639)
TOTAL ASSETS LESS CURRENT LIABILITIES(12,625)(26,678)
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account(12,725)(26,778)
SHAREHOLDERS' FUNDS(12,625)(26,678)
For the year ending 30 November 2023 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 29 November 2024 and signed on their behalf by
.............................
A Shaked
Director

RED HORSE RE LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Going Concern
At the year end, the company had net liabilities of £12,625. However the company has been profitable in recent years and continues to be. The director considers the company can meet its commitments as they fall due and consequently the director considers the company to be a going concern.
1c. Investment Properties
Investment properties are included in the financial statements at fair value. Gains and losses on remeasurement of fair value are recognised in the Statement of comprehensive income, within Other operating income.
1d. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1e. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.
1f. Statutory Information
Red Horse Re Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 12299864 and registered office address is First Floor 690 Great West Road, Osterley Village, Isleworth, United Kingdom, TW7 4PU.

RED HORSE RE LIMITED

2. EMPLOYEES
20232022
No.No.
Average number of employees--
3. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 1 December 20221,292,9611,292,961
At 30 November 20231,292,9611,292,961
The investment properties are stated at fair value at the balance sheet date.
4. DEBTORS 20232022
££
Amounts falling due within one year
Other debtors8,583221
Directors current account2,6012,841
11,1843,062
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Taxation and social security-3,843
Loans895,1491,044,684
Other creditors477,378312,562
Accruals1,560690
1,374,0871,361,779
Interest was charged at 6% per annum on the loans.

RED HORSE RE LIMITED

6. SECURED CREDITORS
20232022
££
Amount of loans and overdrafts which are secured895,1491,044,684
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
68 A Ordinary shares of £1 each6880
32 B Ordinary shares of £1 each3220
100100
8. RELATED PARTY TRANSACTIONS
At the balance sheet date, a director of the company, had advances of loans of £2,601(Last year £2,841). The maximum amount advanced in the year was £2,841. This loan was interest free.