REGISTERED NUMBER: 02313969 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

REDYEAR COURT MANAGEMENT COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr L K Farach

Miss L E Hall

Mrs N T West

Mr R C Blaney

SECRETARY:

Dr L K Farach

REGISTERED OFFICE:

1 Redyear Court

Willesborough

Ashford

Kent

TN24 0TE

BUSINESS ADDRESS:

1 Redyear Court

Kennington Road

Willesborough Lees

Ashford

Kent

TN24 0TE

REGISTERED NUMBER:

02313969 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Invicta Business Centre

Monument Way

Orbital Park

Ashford

Kent

TN24 0HB

FIXED ASSETS

Tangible assets

5

8,448

2,078

CURRENT ASSETS

Debtors

6

256

604

Cash at bank

26,496

29,255

26,752

29,859

CREDITORS

Amounts falling due within one year

7

35,184

705

NET CURRENT (LIABILITIES)/ASSETS

(8,432

)

29,154

TOTAL ASSETS LESS CURRENT LIABILITIES

16

31,232

CAPITAL AND RESERVES

Called up share capital

8

16

16

Surplus funds from resident's

association

-

2,127

Retained earnings

-

29,089

SHAREHOLDERS' FUNDS

16

31,232

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 22 September 2025 and were signed on its behalf by:

Dr L K Farach - Director

1.	STATUTORY INFORMATION

Redyear Court Management Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Income

Income represents service charges received from leaseholders to cover maintenance costs, insurance and administrative costs. The company does not trade in its own right. All transactions are entered into on behalf of the leaseholders. As such, no taxation liabilities arise on the transactions.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property is not depreciated as its cost is deemed to be its fair value.

Plant and machinery - 15% on reducing balance

Going concern

The directors confirm that the company will continue to receive financial resources from its shareholders to meet its financial obligations for the foreseeable future, despite the accounts showing a net current liability. Therefore, the directors deem it appropriate to adopt the going concern basis.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1 April 2024

1,427

6,797

8,224

Additions

6,468

-

6,468

At 31 March 2025

7,895

6,797

14,692

DEPRECIATION

At 1 April 2024

-

6,146

6,146

Charge for year

-

98

98

At 31 March 2025

-

6,244

6,244

NET BOOK VALUE

At 31 March 2025

7,895

553

8,448

At 31 March 2024

1,427

651

2,078

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

256

604

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

35,184

705

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

16

Ordinary

£1

16

16