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
RED COTTAGE ENTERPRISES LTD
Company Information
for the year ended 30 June 2024
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
RED COTTAGE ENTERPRISES LTD
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
(36,543)
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)
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
RED COTTAGE ENTERPRISES LTD
Notes to the Accounts
for the year ended 30 June 2024
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.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
RED COTTAGE ENTERPRISES LTD
Notes to the Accounts
for the year ended 30 June 2024
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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
At 30 June 2024
528,684
79,483
608,167
At 30 June 2024
528,684
79,483
608,167
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
Bank loans and overdrafts
64,260
Taxes and social security
(2,658)
8
Creditors: amounts falling due after more than one year
2024
9
Average number of employees
During the year the average number of employees was 0.