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REGISTERED NUMBER: 07947480 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

REDMAN CONSTRUCTION LTD

REDMAN CONSTRUCTION LTD (REGISTERED NUMBER: 07947480)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


REDMAN CONSTRUCTION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Ms A Hurley
Mr J Butler





REGISTERED OFFICE: 98-99 Circular Road
Storforth Lane Trading Estate
Hasland
Chesterfield
S41 0SN





REGISTERED NUMBER: 07947480 (England and Wales)





ACCOUNTANTS: Sutton McGrath Hartley Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
S11 8YZ

REDMAN CONSTRUCTION LTD (REGISTERED NUMBER: 07947480)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 63,318 100,034

CURRENT ASSETS
Debtors 5 481,569 428,899
Cash at bank and in hand 106,925 28,630
588,494 457,529
CREDITORS
Amounts falling due within one year 6 (570,789 ) (450,453 )
NET CURRENT ASSETS 17,705 7,076
TOTAL ASSETS LESS CURRENT LIABILITIES 81,023 107,110

CREDITORS
Amounts falling due after more than one year 7 (19,184 ) (39,426 )
NET ASSETS 61,839 67,684

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 61,739 67,584
SHAREHOLDERS' FUNDS 61,839 67,684

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

REDMAN CONSTRUCTION LTD (REGISTERED NUMBER: 07947480)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 April 2025 and were signed on its behalf by:





Ms A Hurley - Director


REDMAN CONSTRUCTION LTD (REGISTERED NUMBER: 07947480)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Redman Construction Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Current or deferred taxation assets and liabilities are not discounted.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

REDMAN CONSTRUCTION LTD (REGISTERED NUMBER: 07947480)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 191,247
Additions 1,513
Disposals (23,039 )
At 30 April 2024 169,721
DEPRECIATION
At 1 May 2023 91,213
Charge for year 25,270
Eliminated on disposal (10,080 )
At 30 April 2024 106,403
NET BOOK VALUE
At 30 April 2024 63,318
At 30 April 2023 100,034

REDMAN CONSTRUCTION LTD (REGISTERED NUMBER: 07947480)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 May 2023 83,400
Disposals (23,039 )
At 30 April 2024 60,361
DEPRECIATION
At 1 May 2023 18,167
Charge for year 15,266
Eliminated on disposal (10,080 )
At 30 April 2024 23,353
NET BOOK VALUE
At 30 April 2024 37,008
At 30 April 2023 65,233

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 17,272 199,180
Amounts recoverable on contract 463,500 220,557
Other debtors 797 9,162
481,569 428,899

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 10,037 14,935
Trade creditors 245,584 308,897
Taxation and social security 199,850 54,195
Other creditors 115,318 72,426
570,789 450,453

REDMAN CONSTRUCTION LTD (REGISTERED NUMBER: 07947480)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 19,184 39,426

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100