Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-3122023-11-01truefalse2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02757480 2023-11-01 2024-10-31 02757480 2022-11-01 2023-10-31 02757480 2024-10-31 02757480 2023-10-31 02757480 c:Director1 2023-11-01 2024-10-31 02757480 d:FreeholdInvestmentProperty 2024-10-31 02757480 d:FreeholdInvestmentProperty 2023-10-31 02757480 d:CurrentFinancialInstruments 2024-10-31 02757480 d:CurrentFinancialInstruments 2023-10-31 02757480 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 02757480 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 02757480 d:ShareCapital 2024-10-31 02757480 d:ShareCapital 2023-10-31 02757480 d:RetainedEarningsAccumulatedLosses 2024-10-31 02757480 d:RetainedEarningsAccumulatedLosses 2023-10-31 02757480 c:FRS102 2023-11-01 2024-10-31 02757480 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 02757480 c:FullAccounts 2023-11-01 2024-10-31 02757480 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 02757480 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 02757480










REDDILABEL LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

 
REDDILABEL LIMITED
 

CONTENTS



Page
Balance sheet
 
1
Notes to the financial statements
 
2 - 3


 
REDDILABEL LIMITED
REGISTERED NUMBER: 02757480

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
293,438
293,438

  
293,438
293,438

Current assets
  

Cash at bank and in hand
  
178,854
186,378

  
178,854
186,378

Creditors: amounts falling due within one year
 5 
(125,715)
(159,339)

Net current assets
  
 
 
53,139
 
 
27,039

Total assets less current liabilities
  
346,577
320,477

  

Net assets
  
346,577
320,477


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
346,575
320,475

  
346,577
320,477


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 March 2025.



Mr R.A. Knox
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
REDDILABEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Reddilabel Limited (the company) is a private company, limited by shares, incorporated and domiciled in England. The address of its registered office is Technology House, Seafield Lane, Bransons Cross, Beoley, Redditch, Worcestershire, B98 9DL, which is also its principal place of business.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Revenue

Revenue relates to rental income. Revenue is recognised where it can be reliably measured and is measured as  the fair value of the consideration receivable. 

 
2.3

Investment property

Investment property is carried at fair value determined annually by the directors or external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of income and retained earnings.
 
 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Taxation

Tax is recognised in the Statement of income and retained earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised in equity is also recognised in other comprehensive income or directly in equity respectively.
Page 2

 
REDDILABEL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

3.


Employees



The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Investment property


Freehold investment property

£



Valuation


At 1 November 2023
293,438



At 31 October 2024
293,438

The 2024 valuations were made by the directors, on an open market value for existing use basis.





5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
120
120

Corporation tax
9,149
7,279

Other taxation and social security
1,980
1,980

Other creditors
114,466
149,960

125,715
159,339


 
Page 3