Redfern (Holdings) Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07498889

Redfern (Holdings) Ltd

Filleted Unaudited Financial Statements

31 January 2025

Redfern (Holdings) Ltd

Financial Statements

Year ended 31 January 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Redfern (Holdings) Ltd

Statement of Financial Position

31 January 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5	1,175,305	815,970
Investments	6	10,201	46,660
		------------	---------
		1,185,506	862,630

Current assets

Debtors	7	93,249	18,087
Cash at bank and in hand		283,110	70,603
		---------	--------
		376,359	88,690

Creditors: amounts falling due within one year	8	6,747		86,375
		---------		--------
Net current assets			369,612	2,315
			------------	---------
Total assets less current liabilities			1,555,118	864,945
			------------	---------
Net assets			1,555,118	864,945
			------------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	1,555,018	864,845
	------------	---------
Shareholders funds	1,555,118	864,945
	------------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Redfern (Holdings) Ltd

Statement of Financial Position (continued)

31 January 2025

These financial statements were approved by the board of directors and authorised for issue on 29 October 2025 , and are signed on behalf of the board by:

A Redfern
Director

Company registration number: 07498889

Redfern (Holdings) Ltd

Notes to the Financial Statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Beech Cottage, Fentham Road, Hampton-In-Arden, Solihull, West Midlands, B92 0BB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Freehold property is held at cost and no depreciation is charged. As the directors believe that the freehold property will appreciate in value, and therefore to charge depreciation would not be appropriate.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and Machinery	-	20% straight line
Motor Vehicles	-	20% straight line
Equipment	-	25% straight line

Investments in associates

Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Freehold property	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 February 2024	787,927	23,177	23,635	17,574	852,313
Additions	–	5,900	361,000	–	366,900
	---------	--------	---------	--------	------------
At 31 January 2025	787,927	29,077	384,635	17,574	1,219,213
	---------	--------	---------	--------	------------
Depreciation
At 1 February 2024	–	14,252	9,454	12,637	36,343
Charge for the year	–	5,816	–	1,749	7,565
	---------	--------	---------	--------	------------
At 31 January 2025	–	20,068	9,454	14,386	43,908
	---------	--------	---------	--------	------------
Carrying amount
At 31 January 2025	787,927	9,009	375,181	3,188	1,175,305
	---------	--------	---------	--------	------------
At 31 January 2024	787,927	8,925	14,181	4,937	815,970
	---------	--------	---------	--------	------------

6. Investments

	Other investments other than loans
	£
Cost
At 1 February 2024	46,660
Disposals	( 16,000)
Revaluations	( 20,459)
	--------
At 31 January 2025	10,201
	--------
Impairment
At 1 February 2024 and 31 January 2025	–
	--------

Carrying amount
At 31 January 2025	10,201
	--------
At 31 January 2024	46,660
	--------

7. Debtors

	2025	2024
	£	£
Other debtors	93,249	18,087
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	5,747	1,036
Other creditors	1,000	85,339
	-------	--------
	6,747	86,375
	-------	--------

9. Related party transactions

At the year end the directors owed the company £71,391 (2024: £84,389). During the year aggregate advances of £570,492 were made by the directors and aggregate repayments of £417,143 were made by the directors. Interest of £2,431 was charged on the outstanding balance.