REGISTERED NUMBER: 04653332 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Redesmere Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

15,893

32,125

Investments

5

496,095

531,761

511,988

563,886

CURRENT ASSETS

Stocks

290,000

-

Debtors

6

203,487

464,569

Cash at bank

192,569

257,612

686,056

722,181

CREDITORS

Amounts falling due within one year

7

(386,639

)

(489,131

)

NET CURRENT ASSETS

299,417

233,050

TOTAL ASSETS LESS CURRENT LIABILITIES

811,405

796,936

PROVISIONS FOR LIABILITIES

(11,523

)

(7,940

)

NET ASSETS

799,882

788,996

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Fair value reserve

8

34,570

23,821

Retained earnings

763,312

763,175

SHAREHOLDERS' FUNDS

799,882

788,996

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 17 September 2025 and were signed on its behalf by:

Mr R C Porter - Director

1.	STATUTORY INFORMATION

Redesmere Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04653332

Registered office:

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

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, net of VAT.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

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

Furniture and equipment

-

33% on cost

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 8 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Furniture

and

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 April 2024

47,874

31,043

78,917

Additions

-

3,815

3,815

Disposals

(14,759

)

(8,382

)

(23,141

)

At 31 March 2025

33,115

26,476

59,591

DEPRECIATION

At 1 April 2024

28,097

18,695

46,792

Charge for year

10,954

8,354

19,308

Eliminated on disposal

(14,759

)

(7,643

)

(22,402

)

At 31 March 2025

24,292

19,406

43,698

NET BOOK VALUE

At 31 March 2025

8,823

7,070

15,893

At 31 March 2024

19,777

12,348

32,125

5.	FIXED ASSET INVESTMENTS

Investments

£

COST OR VALUATION

At 1 April 2024

531,761

Disposals

(49,998

)

Revaluations

14,332

At 31 March 2025

496,095

NET BOOK VALUE

At 31 March 2025

496,095

At 31 March 2024

531,761

Cost or valuation at 31 March 2025 is represented by:

Investments

£

Valuation in 2024

31,761

Valuation in 2025

(35,666

)

Cost

500,000

496,095

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

187,149

441,493

Other debtors

16,338

23,076

203,487

464,569

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

117,368

469,385

Taxation and social security

263,783

18,084

Other creditors

5,488

1,662

386,639

489,131

8.

RESERVES

Fair

value

reserve

£

At 1 April 2024

23,821

Revaluation in year

10,749

At 31 March 2025

34,570