BrightAccountsProduction v1.0.0 v1.0.0 2024-06-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The nature of the company's operations and principle activities is that of wholesale distribution of meat products. The company also provides training and consultancy services for the financial services industry. 11 November 2025 2 2 NI618446 2025-05-31 NI618446 2024-05-31 NI618446 2023-05-31 NI618446 2024-06-01 2025-05-31 NI618446 2023-06-01 2024-05-31 NI618446 uk-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 NI618446 uk-curr:PoundSterling 2024-06-01 2025-05-31 NI618446 uk-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 NI618446 uk-bus:FullAccounts 2024-06-01 2025-05-31 NI618446 uk-bus:Director1 2024-06-01 2025-05-31 NI618446 uk-bus:Director2 2024-06-01 2025-05-31 NI618446 uk-bus:RegisteredOffice 2024-06-01 2025-05-31 NI618446 uk-bus:Agent1 2024-06-01 2025-05-31 NI618446 uk-core:ShareCapital 2025-05-31 NI618446 uk-core:ShareCapital 2024-05-31 NI618446 uk-core:RetainedEarningsAccumulatedLosses 2025-05-31 NI618446 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 NI618446 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-05-31 NI618446 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-05-31 NI618446 uk-bus:FRS102 2024-06-01 2025-05-31 NI618446 uk-core:FurnitureFittingsToolsEquipment 2024-06-01 2025-05-31 NI618446 uk-core:CurrentFinancialInstruments 2025-05-31 NI618446 uk-core:CurrentFinancialInstruments 2024-05-31 NI618446 uk-core:WithinOneYear 2025-05-31 NI618446 uk-core:WithinOneYear 2024-05-31 NI618446 uk-core:WithinOneYear 2025-05-31 NI618446 uk-core:WithinOneYear 2024-05-31 NI618446 uk-core:AfterOneYear 2025-05-31 NI618446 uk-core:AfterOneYear 2024-05-31 NI618446 uk-core:BetweenTwoFiveYears 2025-05-31 NI618446 uk-core:BetweenTwoFiveYears 2024-05-31 NI618446 2024-06-01 2025-05-31 NI618446 uk-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI618446

Redwood Trading and Consultancy Limited

Unaudited Financial Statements

for the financial year ended 31 May 2025

Redwood Trading and Consultancy Limited

DIRECTORS AND OTHER INFORMATION

Directors | Ms. Antoinette Sweeney
| Mr. William Houston
Company Registration Number | NI618446
Registered Office and Business Address | Unit 2
| 98 Spencer Road
| Derry
| BT47 6AG
Accountants | MCI Chartered Accountants
| Sentinel House
| 13 Pump Street
| Derry
| BT48 6JG
Bankers | AIB PLC
| 61 Upper Main Street
| Letterkenny
| Co. Donegal
| Ulster Bank Limited
| 29 Clooney Terrace
| Derry
| BT47 6AS

Redwood Trading and Consultancy Limited

Company Registration Number: NI618446

BALANCE SHEET

as at 31 May 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Tangible assets |  | 4 | 2,459 |  | 3,615
|  |  | ───────── |  | ─────────
Current Assets

Stocks |  | 5 | 3,387 |  | 5,212
Debtors |  | 6 | 7,923 |  | 5,228
Cash at bank and in hand |  |  | 29,701 |  | 37,066
|  |  | ───────── |  | ─────────
|  |  | 41,011 |  | 47,506
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 7 | (13,797) |  | (12,920)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 27,214 |  | 34,586
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 29,673 |  | 38,201
Creditors:

amounts falling due after more than one year |  | 8 | (25,102) |  | (34,969)
|  |  | ───────── |  | ─────────
Net Assets |  |  | 4,571 |  | 3,232
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 2 |  | 2
Statement of income and retained earnings |  |  | 4,569 |  | 3,230
|  |  | ───────── |  | ─────────
Shareholders' Funds |  |  | 4,571 |  | 3,232
|  |  | ═════════ |  | ═════════
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Statement of Income and Retained Earnings and Directors' Report.

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 11 November 2025 and signed on its behalf by

Ms. Antoinette Sweeney |  |  |  |  |
Director |  |  |  |  |
Mr. William Houston

Director

Redwood Trading and Consultancy Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 May 2025

1. | General Information
| Redwood Trading and Consultancy Limited is a private limited company incorporated in Northern Ireland. The address of the registered office is given in the company information on page 3 of these financial statements. The nature of the company's operations and principal activities is that of wholesale distribution of meat products. The company also provides training and consultancy services for the financial services industry.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial year ended 31 May 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared in accordance with The Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the company.
| Turnover
| Turnover is measured at the fair value of the consideration receivable net of VAT and discounts. The policy adopted for the recognition of turnover is as follows: Sale of goods Turnover from the sale of meat products is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, and the amount of turnover can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on the delivery of the goods. Rendering of services When the outcome of a transaction can be estimated reliably, turnover from training and consultancy services is recognised by reference to the state of completion at the balance sheet date. The stage of completion is measured by reference to labour hours completed and materials consumed. Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.
| Loans and borrowings
| Loans and borrowings are initially recognised at the transaction price including transactions 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.
| Tangible assets and depreciation
| Tangible fixed assets are stated at cost, less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
|  | Office fittings and equipment | - | 15% straight line
| At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimated the recoverable amount of the cash-generating unit to which the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current markets assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in the statement of income and retained earnings, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease. Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in the Statement of Income and Retained Earnings, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.
| Stocks
| Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. Cost is the expenditure incurred in the normal course of business in bringing the product to its present location and condition. Cost is calculated using the first in, first out basis.
| Trade and other debtors
| Debtors with no stated interest rate and which are receivable within one year are recorded at the transaction price. Any losses arising from impairment are recognised in the Statement of Income and Retained Earnings in administrative expenses.
| Trade and other creditors
| Creditors with no stated interest rate and which are payable within one year are recorded at the transaction price. Any losses arising from impairment are recognised in the Statement of Income and Retained Earnings in administrative expenses.
| Employee benefits
| When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.
| Taxation
| The charge for taxation is based on the results for the year and takes into account taxation deferred because of timing differences between the treatment of certain items for taxation and accounting purposes. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Provision is made at the rates expected to apply when the timing differences reverse. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in taxable profits in periods different from those in which they are recognised in the financial statements.
| Foreign currencies
| Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to statement of income and retained earnings.

3. | Employees
| The average monthly number of persons (including directors) employed by the company during the year was 2 (2024: 2).
|  | 2025 | 2024
|  | Number | Number
| Administration | 2 | 2
|  | ═════════ | ═════════

4. | Tangible assets
|  | Office | Total
|  | fittings and |
|  | equipment |
|  | £ | £
| Cost
| At 1 June 2024 | 14,162 | 14,162
|  | ───────── | ─────────
| At 31 May 2025 | 14,162 | 14,162
|  | ───────── | ─────────
| Depreciation
| At 1 June 2024 | 10,547 | 10,547
| Charge for the financial year | 1,156 | 1,156
|  | ───────── | ─────────
| At 31 May 2025 | 11,703 | 11,703
|  | ───────── | ─────────
| Net book value
| At 31 May 2025 | 2,459 | 2,459
|  | ═════════ | ═════════
| At 31 May 2024 | 3,615 | 3,615
|  | ═════════ | ═════════

5. | Stocks | 2025 | 2024
|  | £ | £
| Goods for resale | 3,387 | 5,212
|  | ═════════ | ═════════
| If stocks were stated at replacement cost (latest purchase price) they would not differ materially from the above.

6. | Debtors | 2025 | 2024
|  | £ | £
| Trade debtors | 7,884 | 5,026
| Taxation | 39 | 202
|  | ───────── | ─────────
|  | 7,923 | 5,228
|  | ═════════ | ═════════

7. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Bank loans | 9,867 | 9,576
| Taxation | 290 | 290
| Directors' current accounts | 554 | 92
| Accruals | 3,086 | 2,962
|  | ───────── | ─────────
|  | 13,797 | 12,920
|  | ═════════ | ═════════
| Creditors above include secured liabilities (note 10) of £9,867 (2024: £9,576.)

8. | Creditors | 2025 | 2024
| Amounts falling due after more than one year | £ | £
| Bank loans | 25,102 | 34,969
|  | ═════════ | ═════════
| Loans
| Repayable in one year or less, or on demand (Note 7) | 9,867 | 9,576
| Repayable between two and five years | 25,102 | 34,969
|  | ───────── | ─────────
|  | 34,969 | 44,545
|  | ═════════ | ═════════
| Creditors above include secured liabilities (note 10) of £25,102 (2024: £34,969).