0 0 0 0 0 0 0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,581,675 19,249 2,600,924 2,600,924 2,581,675 xbrli:pure xbrli:shares iso4217:GBP 01863986 2024-01-01 2024-12-31 01863986 2024-12-31 01863986 2023-12-31 01863986 2023-01-01 2023-12-31 01863986 2023-12-31 01863986 2022-12-31 01863986 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 01863986 bus:LeadAgentIfApplicable 2024-01-01 2024-12-31 01863986 bus:Director4 2024-01-01 2024-12-31 01863986 bus:Director5 2024-01-01 2024-12-31 01863986 core:WithinOneYear 2024-12-31 01863986 core:WithinOneYear 2023-12-31 01863986 core:OtherReservesSubtotal 2023-01-01 2023-12-31 01863986 core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 01863986 core:OtherReservesSubtotal 2024-01-01 2024-12-31 01863986 core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 01863986 core:ShareCapital 2024-12-31 01863986 core:ShareCapital 2023-12-31 01863986 core:SharePremium 2024-12-31 01863986 core:SharePremium 2023-12-31 01863986 core:OtherReservesSubtotal 2024-12-31 01863986 core:OtherReservesSubtotal 2023-12-31 01863986 core:RetainedEarningsAccumulatedLosses 2024-12-31 01863986 core:RetainedEarningsAccumulatedLosses 2023-12-31 01863986 core:ShareCapital 2022-12-31 01863986 core:SharePremium 2022-12-31 01863986 core:OtherReservesSubtotal 2022-12-31 01863986 core:RetainedEarningsAccumulatedLosses 2022-12-31 01863986 core:HedgingReserve 2023-12-31 01863986 core:HedgingReserve 2022-12-31 01863986 core:HedgingReserve 2024-12-31 01863986 core:HedgingReserve 2023-12-31 01863986 1 2024-01-01 2024-12-31 01863986 1 2023-01-01 2023-12-31 01863986 1 core:OtherReservesSubtotal 2023-01-01 2023-12-31 01863986 1 core:OtherReservesSubtotal 2024-01-01 2024-12-31 01863986 1 core:HedgingReserve 2024-01-01 2024-12-31 01863986 1 core:HedgingReserve 2023-01-01 2023-12-31 01863986 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 01863986 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-12-31 01863986 core:CostValuation core:Non-currentFinancialInstruments 2024-12-31 01863986 core:Non-currentFinancialInstruments 2024-12-31 01863986 core:Non-currentFinancialInstruments 2023-12-31 01863986 bus:SmallEntities 2024-01-01 2024-12-31 01863986 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01863986 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01863986 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01863986 bus:FullAccounts 2024-01-01 2024-12-31 01863986 bus:OrdinaryShareClass1 2024-12-31 01863986 bus:OrdinaryShareClass1 2023-12-31
COMPANY REGISTRATION NUMBER: 01863986
REDACELL LIMITED
UNAUDITED FINANCIAL STATEMENTS
31 December 2024
REDACELL LIMITED
FINANCIAL STATEMENTS
Year ended 31 December 2024
Contents
Page
Directors' report
1
Statement of comprehensive income
2
Statement of financial position
3
Statement of changes in equity
4
Notes to the financial statements
5
The following pages do not form part of the financial statements
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements
8
REDACELL LIMITED
DIRECTORS' REPORT
Year ended 31 December 2024
The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2024 .
DIRECTORS
The directors who served the company during the year were as follows:
Mr W J R White
Mr M J R White
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 10 July 2025 and signed on behalf of the board by:
Mr W J R White
Director
REDACELL LIMITED
STATEMENT OF COMPREHENSIVE INCOME
Year ended 31 December 2024
2024
2023
£
£
Result for the financial year
–
–
Fair value movements on investment in subsidiaries
19,249
61,236
--------
--------
OTHER COMPREHENSIVE INCOME FOR THE YEAR
19,249
61,236
--------
--------
TOTAL COMPREHENSIVE INCOME FOR THE YEAR
19,249
61,236
--------
--------
REDACELL LIMITED
STATEMENT OF FINANCIAL POSITION
31 December 2024
2024
2023
Note
£
£
£
£
FIXED ASSETS
Investments
4
2,600,924
2,581,675
CURRENT ASSETS
Debtors
5
3,344
3,344
CREDITORS: amounts falling due within one year
6
115,491
115,491
---------
---------
NET CURRENT LIABILITIES
112,147
112,147
------------
------------
TOTAL ASSETS LESS CURRENT LIABILITIES
2,488,777
2,469,528
------------
------------
CAPITAL AND RESERVES
Called up share capital
7
90
90
Share premium account
1,672
1,672
Other reserves, including the fair value reserve
2,582,262
2,563,013
Profit and loss account
( 95,247)
( 95,247)
------------
------------
SHAREHOLDERS FUNDS
2,488,777
2,469,528
------------
------------
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 10 July 2025 , and are signed on behalf of the board by:
Mr W J R White
Director
Company registration number: 01863986
REDACELL LIMITED
STATEMENT OF CHANGES IN EQUITY
Year ended 31 December 2024
Called up share capital
Share premium account
Other reserves, including the fair value reserve
Profit and loss account
Total
£
£
£
£
£
AT 1 JANUARY 2023
90
1,672
2,501,777
( 95,247)
2,408,292
Profit for the year
–
–
Other comprehensive income for the year:
Fair value movements on investment in subsidiaries
–
–
61,236
–
61,236
----
-------
------------
--------
------------
TOTAL COMPREHENSIVE INCOME FOR THE YEAR
–
–
61,236
–
61,236
AT 31 DECEMBER 2023
90
1,672
2,563,013
( 95,247)
2,469,528
Profit for the year
–
–
Other comprehensive income for the year:
Fair value movements on investment in subsidiaries
–
–
19,249
–
19,249
----
-------
------------
--------
------------
TOTAL COMPREHENSIVE INCOME FOR THE YEAR
–
–
19,249
–
19,249
----
-------
------------
--------
------------
AT 31 DECEMBER 2024
90
1,672
2,582,262
( 95,247)
2,488,777
----
-------
------------
--------
------------
REDACELL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 December 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Systems House, Central Business Park, Mackadown Lane, Birmingham, West Midlands, B33 OJL.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been applied consistently to all years presented unless otherwise stated.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Investments
Investments in subsidiaries are included in the ultimate parent company balance sheet at fair value as determined by the directors and unrealised gains and losses are dealt with in the fair value reserve. Changes in fair value are shown in other comprehensive income.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. INVESTMENTS
Shares in group undertakings
£
Cost or valuation
At 1 January 2024
2,581,675
Revaluations
19,249
------------
At 31 December 2024
2,600,924
------------
Impairment
At 1 January 2024 and 31 December 2024
–
------------
Carrying amount
At 31 December 2024
2,600,924
------------
At 31 December 2023
2,581,675
------------
5. DEBTORS
2024
2023
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
3,344
3,344
-------
-------
6. CREDITORS: amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest
115,491
115,491
---------
---------
7. CALLED UP SHARE CAPITAL
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary shares of £ 1 each
90
90
90
90
----
----
----
----
8. FAIR VALUE RESERVE
The following movements on the fair value reserve are included within other reserves, including the fair value reserve in the statement of changes in equity:
2024
2023
£
£
At start of year
2,563,013
2,501,777
Fair value movements on investment in subsidiaries
19,249
61,236
------------
------------
At end of year
2,582,262
2,501,777
------------
------------
REDACELL LIMITED
MANAGEMENT INFORMATION
Year ended 31 December 2024
The following pages do not form part of the financial statements.
REDACELL LIMITED
CHARTERED ACCOUNTANT'S REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF REDACELL LIMITED
Year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Redacell Limited for the year ended 31 December 2024, which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Redacell Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Redacell Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Redacell Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Redacell Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Redacell Limited. You consider that Redacell Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Redacell Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
MURAS BAKER JONES LIMITED Chartered accountants
Regent House Bath Avenue Wolverhampton West Midlands WV1 4EG
10 July 2025