REGISTERED NUMBER: 14025062 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

REDWOOD BLINDS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L R Bartlett

REGISTERED OFFICE:

18 High West Street

Dorchester

Dorset

DT1 1UW

REGISTERED NUMBER:

14025062 (England and Wales)

ACCOUNTANTS:

Pugsley Revill

18 High West Street

Dorchester

Dorset

DT1 1UW

FIXED ASSETS

Intangible assets

4

8,400

9,600

Tangible assets

5

12,787

17,045

21,187

26,645

CURRENT ASSETS

Stocks

65

60

Debtors

6

16,983

19,917

Cash at bank

17,597

4,354

34,645

24,331

CREDITORS

Amounts falling due within one year

7

49,510

40,723

NET CURRENT LIABILITIES

(14,865

)

(16,392

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,322

10,253

CREDITORS

Amounts falling due after more than one year

8

(3,056

)

(6,389

)

PROVISIONS FOR LIABILITIES

9

(2,398

)

(3,200

)

NET ASSETS

868

664

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

768

564

SHAREHOLDERS' FUNDS

868

664

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 14 October 2025 and were signed by:

L R Bartlett - Director

1.	STATUTORY INFORMATION

Redwood Blinds 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Tools and equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computers and office equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

12,000

AMORTISATION

At 1 April 2024

2,400

Amortisation for year

1,200

At 31 March 2025

3,600

NET BOOK VALUE

At 31 March 2025

8,400

At 31 March 2024

9,600

5.	TANGIBLE FIXED ASSETS

Computers

and

Tools and

Motor

office

equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

50

17,600

250

17,900

DEPRECIATION

At 1 April 2024

13

733

109

855

Charge for year

6

4,217

35

4,258

At 31 March 2025

19

4,950

144

5,113

NET BOOK VALUE

At 31 March 2025

31

12,650

106

12,787

At 31 March 2024

37

16,867

141

17,045

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

17,600

DEPRECIATION

At 1 April 2024

733

Charge for year

4,217

At 31 March 2025

4,950

NET BOOK VALUE

At 31 March 2025

12,650

At 31 March 2024

16,867

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

16,983

19,917

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

3,333

3,333

Trade creditors

7,135

7,303

Taxation and social security

13,545

5,354

Other creditors

25,497

24,733

49,510

40,723

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

3,056

6,389

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

2,398

3,200

Deferred

tax

£

Balance at 1 April 2024

3,200

Credit for the year

(802

)

Balance at 31 March 2025

2,398

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

90

Ordinary A Shares

£1

90

90

10

Ordinary B Shares

£1

10

10

100

100