REGISTERED NUMBER: 10138338 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Redington Capital Holdings Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr J A Frost

REGISTERED OFFICE:

First Floor

Spitalfields House

Stirling Way

Borehamwood

Hertfordshire

WD6 2FX

REGISTERED NUMBER:

10138338 (England and Wales)

ACCOUNTANTS:

TC Group

First Floor

Spitalfields House

Stirling Way

Borehamwood

Hertfordshire

WD6 2FX

FIXED ASSETS

Investments

4

95,895

94,325

CURRENT ASSETS

Debtors

5

11,451,355

1,133,988

Cash in hand

(545

)

25

TOTAL ASSETS LESS CURRENT LIABILITIES

11,546,705

1,228,338

CAPITAL AND RESERVES

Called up share capital

6

1,600

600

Retained earnings

11,545,105

1,227,738

SHAREHOLDERS' FUNDS

11,546,705

1,228,338

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 10 December 2025 and were signed by:

Mr J A Frost - Director

1.	STATUTORY INFORMATION

Redington Capital Holdings 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 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.

Preparation of consolidated financial statements

The financial statements contain information about Redington Capital Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There are no significant judgements or estimates involved in the preparation of the financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment.

Financial instruments

The company has elected to apply the provisions of Schedule 1A of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

94,325

Additions

1,570

At 31 March 2025

95,895

NET BOOK VALUE

At 31 March 2025

95,895

At 31 March 2024

94,325

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

REDINGTON FINANCE LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Activities of mortgage finance companies

%

Class of shares:

holding

Ordinary

100.00

31.3.25

£

Aggregate capital and reserves

7,609,991

Profit for the year

3,012,566

REDINGTON DEVELOPMENTS (INDUSTRIAL) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Buying and selling of own real estate

%

Class of shares:

holding

Ordinary

100.00

30.6.25

£

Aggregate capital and reserves

100

REGENTRACK LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

31.12.24

31.3.24

£

£

Aggregate capital and reserves

613,792

193,117

Profit for the period/year

485,173

32,425

MIDDLETRACK LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Buying and selling of own real estate

%

Class of shares:

holding

Ordinary

100.00

31.3.25

31.3.24

£

£

Aggregate capital and reserves

2,381,408

2,290,071

Profit for the year

121,784

142,644

HILLTRACK LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Buying and selling of own real estate

%

Class of shares:

holding

Ordinary

100.00

30.9.24

31.3.24

£

£

Aggregate capital and reserves

1,650,461

1,487,766

Profit for the period/year

200,065

613,563

REDINGTON CAPITAL LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Activities of mortgage finance companies

%

Class of shares:

holding

Ordinary

100.00

31.3.25

31.3.24

£

£

Aggregate capital and reserves

4,417,757

4,459,587

(Loss)/profit for the year

(41,830

)

396,223

BRENTRACK LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Buying and selling of own real estate

%

Class of shares:

holding

Ordinary

100.00

31.10.24

31.10.23

£

£

Aggregate capital and reserves

100

100

Redington Developments (Twyford) Limited

Registered office: Spitalfields House 1st Flor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

75.00

28.2.25

29.2.24

£

£

Aggregate capital and reserves

3,605,591

549,216

Profit for the year/period

4,075,167

-

REDINGTON DEVELOPMENTS (APSLEY) LIMITED

Registered office: 3rd Floor, Sterling House, Langston Road, Loughton, Essex, England, IG10 3TS

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary A

37.50

31.3.25

31.3.24

£

£

Aggregate capital and reserves

(527,128

)

(431,728

)

Loss for the year

(95,401

)

(259,478

)

REDINGTON DEVELOPMENTS (CHISWELL GREEN) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

31.7.25

£

Aggregate capital and reserves

100

REDINGTON DEVELOPMENTS (BUCKLE STREET) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

28.2.25

£

Aggregate capital and reserves

850,698

REDINGTON DEVELOPMENTS (ALPERTON) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

28.2.25

£

Aggregate capital and reserves

1,131,105

REDINGTON DEVELOPMENTS (BRENTFORD) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

31.10.24

£

Aggregate capital and reserves

1,859,599

REDINGTON DEVELOPMENTS (HENDON) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

28.2.25

£

Aggregate capital and reserves

2,241,247

REDINGTON DEVELOPMENTS (WEMBLEY) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

31.3.25

£

Aggregate capital and reserves

1,959,136

Profit for the year

1,001,057

REDINGTON DEVELOPMENTS (ATHLON ROAD) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

31.3.25

£

Aggregate capital and reserves

7,549,272

REDINGTON DEVELOPMENTS (GARAGE) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

REDINGTON DEVELOPMENTS (GQ) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

REDINGTON DEVELOPMENTS (METRO) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

REDINGTON DEVELOPMENTS (CARE) LIMITED

Registered office: Spitalfields House, Stirling Way, Borehamwood, Herts, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

70.00

REDINGTON DEVELOPMENTS (BRENTWOOD) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

75.00

REDINGTON DEVELOPMENTS (ESSEX) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

75.00

31.3.25

£

Aggregate capital and reserves

100

REDINGTON DEVELOPMENTS (SG) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

75.00

REDINGTON DEVELOPMENTS (SLATERS) LIMITED

Registered office: Spitalfields House 1st Floor, Stirling Way, Borehamwood, England, WD6 2FX

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

75.00

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed by group undertakings

11,451,355

1,133,988

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,600

Ordinary

£1

1,600

600

1,000 Ordinary shares of £1 each were allotted and fully paid for cash at par during the year.

7.	RELATED PARTY DISCLOSURES

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.