Registered number
04532417
Redwood Property Management Limited
Report and Accounts
30 September 2024
Redwood Property Management Limited
Registered number: 04532417
Director's Report
The director presents his report and accounts for the year ended 30 September 2024.
Principal activities
The company's principal activity during the year continued to be site management and administration of the flats comprised in the property known as Redwood Court , 567 Chester Road,Sutton Coldfield,West Midlands B73 5HU
Directors
The following persons served as directors during the year:
James Gannon
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 17 April 2025 and signed on its behalf.
James Gannon
Director
Redwood Property Management Limited
Profit and Loss Account
for the year ended 30 September 2024
2024 2023
£ £
Turnover 7,650 8,100
Administrative expenses (10,922) (10,087)
Other operating income 3,272 1,987
Operating profit - -
Profit before taxation - -
Tax on profit - -
Profit for the financial year - -
Redwood Property Management Limited
Registered number: 04532417
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 2,588 5,860
Creditors: amounts falling due within one year 3 (2,579) (5,851)
Net current assets 9 9
Net assets 9 9
Capital and reserves
Called up share capital 9 9
Profit and loss account - -
Shareholders' funds 9 9
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
James Gannon
Director
Approved by the board on 17 April 2025
Redwood Property Management Limited
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the annual agreed charges.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 408 408
Other creditors 2,171 5,443
2,579 5,851
4 Other information
Redwood Property Management Limited is a private company limited by shares and incorporated in England. Its registered office is:
Redwood Court
567 Chester Rd
Sutton Coldfield
B73 5HU
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