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REGISTERED NUMBER: 02434722 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2024

FOR

WINFORD RED LIMITED

WINFORD RED LIMITED (REGISTERED NUMBER: 02434722)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WINFORD RED LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTORS: G M T Jeffreys
G P M Taylor
J P Taylor





SECRETARY: G P M Taylor





REGISTERED OFFICE: Littleton Mills
Winford
Bristol
BS40 8HJ





REGISTERED NUMBER: 02434722 (England and Wales)






WINFORD RED LIMITED (REGISTERED NUMBER: 02434722)

BALANCE SHEET
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 77,253 17,511
Investment property 5 1,343,463 1,316,667
1,420,716 1,334,178

CURRENT ASSETS
Debtors 6 12,335 7,059
Cash at bank 368,097 419,396
380,432 426,455
CREDITORS
Amounts falling due within one year 7 40,265 54,368
NET CURRENT ASSETS 340,167 372,087
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,760,883

1,706,265

CAPITAL AND RESERVES
Called up share capital 550 550
Share premium 439,235 439,235
Capital redemption reserve 450 450
Fair value reserve 541,536 541,536
Retained earnings 779,112 724,494
1,760,883 1,706,265

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

WINFORD RED LIMITED (REGISTERED NUMBER: 02434722)

BALANCE SHEET - continued
30TH JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th March 2025 and were signed on its behalf by:





G P M Taylor - Director


WINFORD RED LIMITED (REGISTERED NUMBER: 02434722)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024


1. STATUTORY INFORMATION

Winford Red Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover consists of rent received stated net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 10% on cost

Investment property
Investment property is shown at most recent valuation plus subsequent additions at cost. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

WINFORD RED LIMITED (REGISTERED NUMBER: 02434722)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st July 2023 71,810
Additions 92,541
Disposals (29,185 )
At 30th June 2024 135,166
DEPRECIATION
At 1st July 2023 54,299
Charge for year 15,288
Eliminated on disposal (11,674 )
At 30th June 2024 57,913
NET BOOK VALUE
At 30th June 2024 77,253
At 30th June 2023 17,511

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st July 2023 1,316,667
Additions 26,796
At 30th June 2024 1,343,463
NET BOOK VALUE
At 30th June 2024 1,343,463
At 30th June 2023 1,316,667

The properties were professionally valued by a firm of Chartered Surveyors on 9th June 2008 at £1,316,667.

The directors are of the opinion that the fair value of the property is not materially different to the book value.

WINFORD RED LIMITED (REGISTERED NUMBER: 02434722)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,170 2,156
Other debtors 5,165 4,903
12,335 7,059

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 14,522 17,771
Taxation and social security 9,967 18,961
Other creditors 15,776 17,636
40,265 54,368