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Company Registration No. 02830298 (England and Wales)
Redmandarin Limited Unaudited accounts for the period from 1 March 2023 to 28 February 2024
Redmandarin Limited Unaudited accounts Contents
Page
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Redmandarin Limited Company Information for the period from 1 March 2023 to 28 February 2024
Director
S Whatling
Company Number
02830298 (England and Wales)
Registered Office
54 54 Lower Street Haslemere GU27 2NX England
Accountants
Ashby & Company Flat 5 2 Courts Hill Road Haslemere Surrey GU27 2EG
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Redmandarin Limited Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
530 
418 
Current assets
Debtors
299 
1,171 
Creditors: amounts falling due within one year
(20,537)
(15,360)
Net current liabilities
(20,238)
(14,189)
Net liabilities
(19,708)
(13,771)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(19,808)
(13,871)
Shareholders' funds
(19,708)
(13,771)
For the period ending 28 February 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 27 February 2025 and were signed on its behalf by
S Whatling Director Company Registration No. 02830298
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Redmandarin Limited Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
Redmandarin Limited is a private company, limited by shares, registered in England and Wales, registration number 02830298. The registered office is 54 54 Lower Street, Haslemere, GU27 2NX, England.
2
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Going concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
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:
Fixtures & fittings
25% reducing balance
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Redmandarin Limited Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
3
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
24,943 
Additions
618 
Disposals
(24,823)
At 28 February 2024
738 
Depreciation
At 1 March 2023
24,525 
Charge for the period
177 
On disposals
(24,494)
At 28 February 2024
208 
Net book value
At 28 February 2024
530 
At 28 February 2023
418 
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
299 
1,171 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
155 
6,743 
Trade creditors
244 
312 
Other creditors
20,138 
8,305 
20,537 
15,360 
6
Average number of employees
During the period the average number of employees was 0 (2023: 1).
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