Redmond Group (Yorkshire) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04667250 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Redmond Group (Yorkshire) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr. S A Redmond

REGISTERED OFFICE:

Concept House

Blanche Street

Bradford

West Yorkshire

BD4 8DA

REGISTERED NUMBER:

04667250 (England and Wales)

ACCOUNTANTS:

Crowther Chartered Accountants

Abacus House

Pennine Business Park

Longbow Close

Huddersfield

West Yorkshire

HD2 1GQ

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

21,092

23,036

Investments

6

2

21,094

23,038

CURRENT ASSETS

Stocks

7

2,525

Debtors

8

832,914

601,118

Cash at bank

168,502

192,096

1,003,941

795,739

CREDITORS

Amounts falling due within one year

9

725,054

555,771

NET CURRENT ASSETS

278,887

239,968

TOTAL ASSETS LESS CURRENT
LIABILITIES

299,981

263,006

CREDITORS

Amounts falling due after more than one
year

10

-

(12,247

)

PROVISIONS FOR LIABILITIES

(5,273

)

(5,759

)

NET ASSETS

294,708

245,000

CAPITAL AND RESERVES

Called up share capital

14

100

Retained earnings

294,608

244,900

SHAREHOLDERS' FUNDS

294,708

245,000

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 November 2025 and were signed by:

Mr. S A Redmond - Director

1.	STATUTORY INFORMATION

Redmond Group (Yorkshire) 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 2003, is being amortised evenly over its estimated useful life of ten 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

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

At each reporting date the company assess whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements

- 10% on cost

Plant and machinery

- 15% on cost

Fixtures and fittings

- 33% on cost

Motor vehicles

- 25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 Income Statement, 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

30,000

AMORTISATION

At 1 April 2024

and 31 March 2025

30,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

COST

At 1 April 2024

141,542

80,375

49,820

22,760

294,497

Additions

-

399

2,764

-

3,163

At 31 March 2025

141,542

80,774

52,584

22,760

297,660

DEPRECIATION

At 1 April 2024

141,542

64,240

48,320

17,359

271,461

Charge for year

-

2,470

1,287

1,350

5,107

At 31 March 2025

141,542

66,710

49,607

18,709

276,568

NET BOOK VALUE

At 31 March 2025

-

14,064

2,977

4,051

21,092

At 31 March 2024

-

16,135

1,500

5,401

23,036

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

2

NET BOOK VALUE

At 31 March 2025

2

At 31 March 2024

2

7.

STOCKS

31.3.25

31.3.24

£

Stocks

2,525

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

146,080

122,204

Amounts owed by associates

633,174

404,020

Other debtors

53,660

74,894

832,914

601,118

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts (see note 11)

12,237

11,080

Trade creditors

389,420

354,165

Taxation and social security

168,657

116,265

Other creditors

154,740

74,261

725,054

555,771

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans (see note 11)

-

12,247

11.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

Amounts falling due within one year or on demand:

Bank loans

12,237

11,080

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

10,462

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

1,785

12.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

Within one year

12,305

13,555

Between one and five years

23,585

-

35,890

13,555

13.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Bank loans

12,237

23,327

14.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

£1

100

15.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date, there was a loan outstanding of £12,237 (2024: £23,327).

16.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within creditors, due within one year, is a loan from the directors of £15,475 (2024: £448). The loan is interest free and is repayable on demand.

17.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed £361 (2024 - £282) from Eco-Energy Renewable Solutions Limited. The director of Redmond Group (Yorkshire) Limited is also a director of Eco-Energy Renewable Solutions Limited.

At the balance sheet date, the company was owed £357 (2024 - £257) from Redmond Heating Limited. The director of Redmond Group (Yorkshire) Limited is also a director of Redmond Heating Limited.

At the balance sheet date, the company was owed £203 (2024 - £103) from Plumblec Supplies Limited. The director of Redmond Group (Yorkshire) Limited is also a director of Plumblec Supplies Limited.

At the balance sheet date, the company was owed £627,753 (2024 - £399,265) from SRSM Properties Limited. The director of Redmond Group (Yorkshire) Limited is also a director of SRSM Properties Limited.

At the balance sheet date, the company was owed £4,113 (2024 - £4,113) from IK Fire & Security Limited. The director of Redmond Group (Yorkshire) Limited is also a shareholder of IK Fire & Security Limited.

At the balance sheet date, the company was owed £386 (2024 - £NIL) from Scott Redmond Rentals. This is a sole trade of the director of Redmond Group (Yorkshire) Limited.

18.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr. S A Redmond.