Registration number: 04620797

Redwood Commercials (UK) Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Redwood Commercials (UK) Limited

(Registration number: 04620797)
Balance Sheet as at 30 April 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	72,307	85,332
Current assets
Stocks	5	10,000	10,000
Debtors	6	195,922	156,215
Cash at bank and in hand		520,327	455,256
		726,249	621,471
Creditors: Amounts falling due within one year	7	(142,142)	(154,907)
Net current assets		584,107	466,564
Total assets less current liabilities		656,414	551,896
Provisions for liabilities		(18,077)	(21,334)
Net assets		638,337	530,562
Capital and reserves
Called up share capital	8	130	130
Retained earnings		638,207	530,432
Shareholders' funds		638,337	530,562

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 5 September 2025 and signed on its behalf by:
 

......................................... G D A Burns-Salmond Company secretary and director

Redwood Commercials (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1	General information

The Company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Trondhiem Way
Redwood Park Estate
Stallingborough
N E Lincs
DN41 8FD

These financial statements were authorised for issue by the Board on 5 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These accounts have been prepared in sterling and have been rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilties and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Redwood Commercials (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% reducing balance basis
Fixtures and fittings	33% straight line basis
Plant and machinery	15% reducing balance basis

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

The company contributes into NEST on behalf of its employees.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 10 (2024 - 10).

Redwood Commercials (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 1 May 2024	37,505	120,446	92,100	250,051
Additions	6,361	-	-	6,361
Disposals	(4,645)	-	-	(4,645)
At 30 April 2025	39,221	120,446	92,100	251,767
Depreciation
At 1 May 2024	24,057	94,648	46,014	164,719
Charge for the year	3,453	3,870	11,521	18,844
Eliminated on disposal	(4,103)	-	-	(4,103)
At 30 April 2025	23,407	98,518	57,535	179,460
Carrying amount
At 30 April 2025	15,814	21,928	34,565	72,307
At 30 April 2024	13,448	25,798	46,086	85,332

5

Stocks

	2025 £	2024 £
Finished goods and goods for resale	10,000	10,000

6

Debtors

Current	2025 £	2024 £
Trade debtors	188,432	149,857
Prepayments	7,490	6,358
	195,922	156,215

Redwood Commercials (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	45,480	48,089
Taxation and social security	77,739	87,326
Accruals and deferred income	18,768	18,418
Other creditors	155	1,074
	142,142	154,907

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A of £1 each	100	100	100	100
Ordinary B of £1 each	10	10	10	10
Ordinary C of £1 each	10	10	10	10
Ordinary D of £1 each	10	10	10	10
	130	130	130	130

9	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £2,895 (2024 - £4,635).