REGISTERED NUMBER: 11162507 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Redford Construction Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R McMinn

S Jenkins

REGISTERED OFFICE:

24 Smithills Croft Road

Smithills

Bolton

Lancashire

BL1 6LN

REGISTERED NUMBER:

11162507 (England and Wales)

ACCOUNTANTS:

Freedman Frankl & Taylor

Chartered Accountants

Reedham House

31 King Street West

Manchester

M3 2PJ

FIXED ASSETS

Tangible assets

3

74,436

52,555

CURRENT ASSETS

Debtors

4

222,976

180,858

Cash at bank and in hand

36,892

24,633

259,868

205,491

CREDITORS

Amounts falling due within one year

5

(275,083

)

(201,156

)

NET CURRENT (LIABILITIES)/ASSETS

(15,215

)

4,335

TOTAL ASSETS LESS CURRENT LIABILITIES

59,221

56,890

CREDITORS

Amounts falling due after more than one year

6

(40,113

)

(53,809

)

PROVISIONS FOR LIABILITIES

(18,609

)

-

NET ASSETS

499

3,081

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

498

3,080

499

3,081

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2025 and were signed on its behalf by:

S Jenkins - Director

1.	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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on cost

Tangible fixed assets are recorded at cost less any tax, discounts and rebates. Subsequently they are recorded at cost less accumulated depreciation and impairment.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

The company's financial statements for the year ended 31 January 2025 have been prepared on a going concern basis as, after making appropriate enquiries the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

3.	TANGIBLE FIXED ASSETS

Freehold

Motor

Computer

property

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2024

5,000

48,280

900

54,180

Additions

-

38,300

667

38,967

Disposals

(5,000

)

-

-

(5,000

)

At 31 January 2025

-

86,580

1,567

88,147

DEPRECIATION

At 1 February 2024

-

1,006

619

1,625

Charge for year

-

11,820

266

12,086

At 31 January 2025

-

12,826

885

13,711

NET BOOK VALUE

At 31 January 2025

-

73,754

682

74,436

At 31 January 2024

5,000

47,274

281

52,555

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

61,645

41,883

Other debtors

161,331

138,975

222,976

180,858

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,003

Hire purchase contracts

26,536

3,699

Trade creditors

131,908

154,314

Taxation and social security

83,823

30,975

Other creditors

22,816

2,165

275,083

201,156

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

3,333

13,330

Hire purchase contracts

36,780

40,479

40,113

53,809

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

R McMinn

Balance outstanding at start of year

45,400

45,664

Amounts advanced

49,424

56,196

Amounts repaid

(53,070

)

(56,460

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

41,754

45,400

S Jenkins

Balance outstanding at start of year

44,732

45,012

Amounts advanced

49,288

56,180

Amounts repaid

(59,033

)

(56,460

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

34,987

44,732

During the year, interest amounting to £2,213 (2024: £3,148) was charged on these overdrawn loan balances.