2024-01-01 09358511 2024-12-31 09358511 2024-01-01 2024-12-31 09358511 2023-12-31 09358511 2023-01-01 2023-12-31 09358511 uk-core:WithinOneYear 2023-12-31 09358511 uk-core:WithinOneYear 2024-12-31 09358511 uk-core:ShareCapital 2024-12-31 09358511 uk-core:ShareCapital 2023-12-31 09358511 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 09358511 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 09358511 uk-bus:Director1 2024-01-01 2024-12-31 09358511 uk-core:LeaseholdImprovements 2024-01-01 2024-12-31 09358511 uk-core:ComputerEquipment 2024-01-01 2024-12-31 09358511 uk-core:FurnitureFittings 2024-01-01 2024-12-31 09358511 uk-core:FurnitureFittings 2023-12-31 09358511 uk-core:ComputerEquipment 2023-12-31 09358511 uk-core:LeaseholdImprovements 2023-12-31 09358511 uk-core:LeaseholdImprovements 2024-12-31 09358511 uk-core:ComputerEquipment 2024-12-31 09358511 uk-core:FurnitureFittings 2024-12-31 iso4217:GBP xbrli:pure 09358511 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 09358511 uk-bus:FRS102 2024-01-01 2024-12-31 09358511 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 09358511 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Redwood Financial Consultants Ltd
Registered Number:09358511
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Redwood Financial Consultants Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
09358511
As at 31 December 2024
Redwood Financial Consultants Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
42,432
-
2
42,432
-
Current assets
Trade and other receivables
-
7,581
793,280
Cash and cash equivalents
738,111
745,692
793,280
Trade and other payables: amounts falling due within one
year
(50,140)
(26,667)
3
743,140
719,025
Net current assets
Total assets less current liabilities
761,457
743,140
(3,383)
-
Provisions for liabilities
758,074
Net assets
743,140
Capital and reserves
Called up share capital
2
2
Retained earnings
758,072
743,138
758,074
743,140
Shareholders' funds
For the year ended 31 December 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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 director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
K Redwood Director
These financial statements were approved and authorised for issue by the Board on 29 September 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 December 2024
Redwood Financial Consultants Ltd
Notes to the Financial Statements
Statutory Information
Redwood Financial Consultants Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09358511.
Registered address:
67 Haydons Road
London
United Kingdom
SW19 1HQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention.
Revenue recognition
Turnover represents the amounts receivable for services provided.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
10% Straight line
Computer equipment
25% Straight line
25% Straight line
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2 of 3
5
For the year ended 31 December 2024
Redwood Financial Consultants Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Furniture and
Fittings
Computer
equipment
Land and
Buildings
£
£
£
£
Cost or
valuation
At 01 January 2024
19,265
6,502
12,763
-
48,021
4,727
529
42,765
Additions
At 31 December 2024
42,765
13,292
11,229
67,286
Provision for depreciation and impairment
At 01 January 2024
19,265
6,502
12,763
-
Charge for year
5,589
1,181
132
4,276
At 31 December 2024
24,854
7,683
12,895
4,276
At 31 December 2024
Net book value
38,489
397
3,546
42,432
At 31 December 2023
-
-
-
-
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
17,865
45,495
Other creditors
8,802
4,645
26,667
50,140
4. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
3 of 3