REGISTERED NUMBER: 03040551 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Redlibbets Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A J Billings

R J Billings

S J Billings

SECRETARY:

S J Billings

REGISTERED OFFICE:

Gay Day Offices

Pennis Lane

Fawkham

Longfield

Kent

DA3 8LY

REGISTERED NUMBER:

03040551 (England and Wales)

FIXED ASSETS

Property, plant and equipment

4

1,058,733

1,094,725

CURRENT ASSETS

Debtors

5

36,784

38,716

Cash at bank

905

130

37,689

38,846

CREDITORS

Amounts falling due within one year

6

1,329,527

1,348,626

NET CURRENT LIABILITIES

(1,291,838

)

(1,309,780

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(233,105

)

(215,055

)

CREDITORS

Amounts falling due after more than one year

7

4,047

14,047

NET LIABILITIES

(237,152

)

(229,102

)

CAPITAL AND RESERVES

Called up share capital

9

1,499,451

1,499,451

Retained earnings

10

(1,736,603

)

(1,728,553

)

SHAREHOLDERS' FUNDS

(237,152

)

(229,102

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 29 September 2025 and were signed on its behalf by:

A J Billings - Director

1.	STATUTORY INFORMATION

Redlibbets 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.

The accounts have been prepared on the going concern basis, reviews have been undertaken and are ongoing, by the directors and shareholders. On this understanding the directors and shareholders will continue to financially support the company.

Tangible fixed assets

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

Buildings, plant and machinery etc are stated at cost less accumulated depreciation and accumulated impairment losses.

Leasehold land and buildings

- Over the lease term on a straight line basis

Plant and machinery

- 10%-25% on a reducing balance basis

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

1,961,829

443,586

2,405,415

DEPRECIATION

At 1 January 2024

892,898

417,792

1,310,690

Charge for year

33,413

2,579

35,992

At 31 December 2024

926,311

420,371

1,346,682

NET BOOK VALUE

At 31 December 2024

1,035,518

23,215

1,058,733

At 31 December 2023

1,068,931

25,794

1,094,725

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

36,784

38,716

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,119

10,119

Trade creditors

-

1

Other creditors

1,319,408

1,338,506

1,329,527

1,348,626

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

4,047

14,047

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

14,166

24,166

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,499,451

Ordinary

£1

1,499,451

1,499,451

10.

RESERVES

Retained

earnings

£

At 1 January 2024

(1,728,553

)

Deficit for the year

(8,050

)

At 31 December 2024

(1,736,603

)

11.	RELATED PARTY DISCLOSURES

The directors have considered the relationships with parties with whom the company has materially transacted during the year and have classified the party detailed below as a party under the significant influence of AJ, RJ and SJ Billings, directors and shareholders.

F.C. Stark Limited

Summary of aggregated transactions with these related parties for the year:

2024

2023

£

£

Net loans repaid to/(advanced by party)

19,098

23,725

Amounts owed to party at year end

(1,319,407

)

(1,338,505

)

12.	ULTIMATE CONTROLLING PARTY