REGISTERED NUMBER: 03299833 (England and Wales)

REDSHANK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

O A R Giles

Mrs A Contreras Balaguer

REGISTERED OFFICE:

11 Frensham Road

Farnham

GU9 8HF

REGISTERED NUMBER:

03299833 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

FIXED ASSETS

Investments

4

933,600

1,056,000

CURRENT ASSETS

Debtors

5

4,395

454,395

Investments

6

-

246,594

Cash at bank

60,921

515,791

65,316

1,216,780

CREDITORS

Amounts falling due within one year

7

1,678,518

2,148,892

NET CURRENT LIABILITIES

(1,613,202

)

(932,112

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(679,602

)

123,888

CAPITAL AND RESERVES

Called up share capital

8

41,600

41,600

Retained earnings

(721,202

)

82,288

SHAREHOLDERS' FUNDS

(679,602

)

123,888

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 directors acknowledge their 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 and authorised for issue by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

O A R Giles - Director

1.	STATUTORY INFORMATION

Redshank 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparation

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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents the proceeds from the sale of investments or investment products during the period net of sales commissions and profits on other investment opportunities. Gains and losses on investment transactions are recognised in the period when they arise.

Current asset investments

Current asset investments are valued at fair value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

1,056,000

Revaluations

(122,400

)

At 31 March 2025

933,600

NET BOOK VALUE

At 31 March 2025

933,600

At 31 March 2024

1,056,000

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2024

(2,160,000

)

Valuation in 2025

(122,400

)

Cost

3,216,000

933,600

The fixed asset investment represents a 100% shareholding in a subsidiary.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

4,395

454,395

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Investment products

-

246,594

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation

-

32

Other creditors

1,050,000

800,000

Directors' current accounts

626,418

1,345,000

Accruals and deferred income

2,100

3,860

1,678,518

2,148,892

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

41,600

Ordinary

£1

41,600

41,600

9.	RELATED PARTY DISCLOSURES

Included within other debtors, due after one year, are amounts of £4,395 (2024 - £4,395) due from a connected company. The two companies share a director.

10.	POST BALANCE SHEET EVENTS

There may be further deferred consideration for the investment in Land and Buildings Limited, This is dependent upon the sale of the final two properties owned by Land and Buildings Limited. An estimate of the financial effect cannot be made at this point.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is O A R Giles.