REGISTERED NUMBER: 11907669 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Redding Interiors Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

N G Redding

Mrs C Redding

REGISTERED OFFICE:

182 Calton Road

Gloucester

GL1 5ER

REGISTERED NUMBER:

11907669 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

Barclays Bank Plc

Leicester

LE87 2BB

FIXED ASSETS

Intangible assets

4

4,500

5,625

Tangible assets

5

5,370

4,451

9,870

10,076

CURRENT ASSETS

Stocks

300

300

Debtors

6

735

1,088

Cash at bank

2,280

28,204

3,315

29,592

CREDITORS

Amounts falling due within one year

7

9,920

16,680

NET CURRENT (LIABILITIES)/ASSETS

(6,605

)

12,912

TOTAL ASSETS LESS CURRENT LIABILITIES

3,265

22,988

CREDITORS

Amounts falling due after more than one year

8

2,916

7,917

NET ASSETS

349

15,071

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

249

14,971

SHAREHOLDERS' FUNDS

349

15,071

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 26 August 2025 and were signed on its behalf by:

N G Redding - Director

1.	STATUTORY INFORMATION

Redding Interiors 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

11,250

Amortisation

At 1 April 2024

5,625

Charge for year

1,125

At 31 March 2025

6,750

Net book value

At 31 March 2025

4,500

At 31 March 2024

5,625

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

182

12,245

865

13,292

Additions

2,769

-

-

2,769

At 31 March 2025

2,951

12,245

865

16,061

Depreciation

At 1 April 2024

-

8,243

598

8,841

Charge for year

738

1,001

111

1,850

At 31 March 2025

738

9,244

709

10,691

Net book value

At 31 March 2025

2,213

3,001

156

5,370

At 31 March 2024

182

4,002

267

4,451

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

-

260

Other debtors

735

828

735

1,088

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

5,000

5,000

Trade creditors

-

857

Taxation and social security

2,327

5,968

Other creditors

2,593

4,855

9,920

16,680

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

2,916

7,917