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REGISTERED NUMBER: 04353367 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Redbale Limited

Redbale Limited (Registered number: 04353367)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Redbale Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr C O Humble





SECRETARY: Mr S L Doberman





REGISTERED OFFICE: 7 Brenkley Way
Blezard Business Park
Seaton Burn
Tyne and Wear
NE13 6DS





REGISTERED NUMBER: 04353367 (England and Wales)





ACCOUNTANTS: Douglas Shaw Limited
7 Brenkley Way
Blezard Business Park
Seaton Burn
Tyne and Wear
NE13 6DS

Redbale Limited (Registered number: 04353367)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Investments 4 100 100
Investment property 5 240,000 240,000
240,100 240,100

CURRENT ASSETS
Debtors 6 1,061,203 265,150
Cash at bank 204 118,434
1,061,407 383,584
CREDITORS
Amounts falling due within one year 7 989,434 321,058
NET CURRENT ASSETS 71,973 62,526
TOTAL ASSETS LESS CURRENT
LIABILITIES

312,073

302,626

CREDITORS
Amounts falling due after more than
one year

8

159,621

159,621
NET ASSETS 152,452 143,005

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 152,352 142,905
152,452 143,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Redbale Limited (Registered number: 04353367)

Balance Sheet - continued
31 August 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 director and authorised for issue on 3 May 2025 and were signed by:





Mr C O Humble - Director


Redbale Limited (Registered number: 04353367)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Redbale 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 as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. 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 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Redbale Limited (Registered number: 04353367)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2023
and 31 August 2024 100
NET BOOK VALUE
At 31 August 2024 100
At 31 August 2023 100

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023
and 31 August 2024 240,000
NET BOOK VALUE
At 31 August 2024 240,000
At 31 August 2023 240,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2024 240,000

6. DEBTORS
31.8.24 31.8.23
£    £   
Amounts falling due within one year:
Directors' loan accounts 796,053 -
Prepayments 150 150
796,203 150

Amounts falling due after more than one year:
Other debtors 65,000 65,000
Directors' loan accounts 200,000 200,000
265,000 265,000

Aggregate amounts 1,061,203 265,150

Redbale Limited (Registered number: 04353367)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Amounts owed to group undertakings 982,439 315,007
Tax 2,216 3,467
Other creditors and accruals 4,779 2,584
989,434 321,058

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans more 5 yrs non-inst 159,621 159,621

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 159,621 159,621

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
Mr C O Humble
Balance outstanding at start of year 200,000 843,974
Amounts advanced 796,053 16,183
Amounts repaid - (660,157 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 996,053 200,000