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Company Registration No. 4114665 (England and Wales)
REDI-38 LIMITED Unaudited accounts for the year ended 31 March 2025
REDI-38 LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
REDI-38 LIMITED Company Information for the year ended 31 March 2025
Director
Martin Williams
Company Number
4114665 (England and Wales)
Registered Office
Brooklands Cottage Methodist Lane Llantwit Major Vale Of Glamorgan CF61 1RH
Accountants
STAS Ltd 253 Cowbridge Road West Cardiff CF5 5TD
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REDI-38 LIMITED Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
176,834
176,921
Investments
5
3,634,703
2,837,500
3,811,537
3,014,421
Current assets
Cash at bank and in hand
29,598
27,849
Creditors: amounts falling due within one year
6
(4,699)
(4,667)
Net current assets
24,899
23,182
Net assets
3,836,436
3,037,603
Capital and reserves
Called up share capital
56,000
56,000
Revaluation reserve
797,203
-
Capital redemption reserve
4,000
4,000
Profit and loss account
2,979,233
2,977,603
Shareholders' funds
3,836,436
3,037,603
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 November 2025 and were signed on its behalf by
Martin Williams Director Company Registration No. 4114665
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REDI-38 LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
REDI-38 LIMITED is a private company, limited by shares, registered in England and Wales, registration number 4114665. The registered office is Brooklands Cottage, Methodist Lane, Llantwit Major, Vale Of Glamorgan, CF61 1RH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
176,659
349
177,008
At 31 March 2025
176,659
349
177,008
Depreciation
At 1 April 2024
-
87
87
Charge for the year
-
87
87
At 31 March 2025
-
174
174
Net book value
At 31 March 2025
176,659
175
176,834
At 31 March 2024
176,659
262
176,921
5
Investments
Other investments
£
Valuation at 1 April 2024
2,837,500
Fair value adjustments
797,203
Valuation at 31 March 2025
3,634,703
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REDI-38 LIMITED Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
846
814
Loans from directors
3,103
3,103
Accruals
750
750
4,699
4,667
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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