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Company Registration No. NI625294 (Northern Ireland)
RED COTTAGE ENTERPRISES LTD Unaudited accounts for the year ended 30 June 2024
RED COTTAGE ENTERPRISES LTD Unaudited accounts Contents
Page
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RED COTTAGE ENTERPRISES LTD Company Information for the year ended 30 June 2024
Director
Mr Gordon Scott
Company Number
NI625294 (Northern Ireland)
Registered Office
5 BALLIEVEY ROAD BANBRIDGE County Down BT32 3RX United Kingdom
Accountants
Hospitality Accounting Solutions ltd 15 Blackwood Crescent Helens Bay Bangor BT19 1TJ
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RED COTTAGE ENTERPRISES LTD Statement of financial position as at 30 June 2024
2024 
Notes
£ 
Fixed assets
Intangible assets
48,824 
Tangible assets
608,167 
656,991 
Current assets
Inventories
12,329 
Debtors
25,458 
Cash at bank and in hand
(36,543)
1,244 
Creditors: amounts falling due within one year
(195,077)
Net current liabilities
(193,833)
Total assets less current liabilities
463,158 
Creditors: amounts falling due after more than one year
(68,297)
Net assets
394,861 
Capital and reserves
Revaluation reserve
357,508 
Profit and loss account
37,353 
Shareholders' funds
394,861 
For the year ending 30 June 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 11 March 2025 and were signed on its behalf by
Mr Gordon Scott Director Company Registration No. NI625294
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RED COTTAGE ENTERPRISES LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
RED COTTAGE ENTERPRISES LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI625294. The registered office is 5 BALLIEVEY ROAD, BANBRIDGE, County Down, BT32 3RX, 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 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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2023
48,824 
At 30 June 2024
48,824 
Amortisation
At 1 July 2023
- 
At 30 June 2024
- 
Net book value
At 30 June 2024
48,824 
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RED COTTAGE ENTERPRISES LTD Notes to the Accounts for the year ended 30 June 2024
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
528,684 
74,000 
602,684 
Additions
- 
5,483 
5,483 
At 30 June 2024
528,684 
79,483 
608,167 
Depreciation
At 30 June 2024
- 
- 
- 
Net book value
At 30 June 2024
528,684 
79,483 
608,167 
6
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
25,458 
7
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
64,260 
VAT
3,398 
Trade creditors
117,747 
Taxes and social security
(2,658)
Other creditors
12,330 
195,077 
8
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
68,297 
9
Average number of employees
During the year the average number of employees was 0.
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