REGISTERED NUMBER: 07539522 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Redland Green Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M J Regan

P A Sulzmann

SC Chan

D K Evans

T J Maggs

D Ferrett

J J Taylor

REGISTERED OFFICE:

Redland Green

Redland

Bristol

BS6 7HF

REGISTERED NUMBER:

07539522 (England and Wales)

FIXED ASSETS

Tangible assets

4

953,744

930,785

Investments

5

-

1,000

953,744

931,785

CURRENT ASSETS

Stocks

3,142

-

Debtors

6

411,221

314,101

Cash at bank

232,495

227,022

646,858

541,123

CREDITORS

Amounts falling due within one year

7

69,600

35,169

NET CURRENT ASSETS

577,258

505,954

TOTAL ASSETS LESS CURRENT LIABILITIES

1,531,002

1,437,739

CREDITORS

Amounts falling due after more than one year

8

128,141

163,893

NET ASSETS

1,402,861

1,273,846

RESERVES

Revaluation reserve

9

660,000

660,000

Court replacement fund

9

72,257

51,300

Clubhouse repairs fund

9

28,854

50,000

Income and expenditure account

9

641,750

512,546

1,402,861

1,273,846

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 surplus or deficit 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 Board of Directors and authorised for issue on 19 December 2025 and were signed on its behalf by:

D K Evans - Director

1.	STATUTORY INFORMATION

Redland Green Limited is a private company, limited by guarantee , 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

25% on straight line basis, 20% on reducing balance, 10% on straight line basis and 10% on reducing balance

Plant and machinery

-

20% on straight line basis

Computer equipment

-

33% on straight line basis

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

Computer

property

property

machinery

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

663,265

569,698

96,836

-

1,329,799

Additions

-

54,742

8,062

644

63,448

At 31 March 2025

663,265

624,440

104,898

644

1,393,247

DEPRECIATION

At 1 April 2024

-

302,178

96,836

-

399,014

Charge for year

-

35,680

1,383

161

37,224

Reclassification/transfer

3,265

-

-

-

3,265

At 31 March 2025

3,265

337,858

98,219

161

439,503

NET BOOK VALUE

At 31 March 2025

660,000

286,582

6,679

483

953,744

At 31 March 2024

663,265

267,520

-

-

930,785

In May 2022 Redland Green Limited acquired the playing land from the bare trust for £nil consideration. The playing land was subsequently valued at £660,000 for Land Registry purposes. The playing land is held by Redland Green Limited on behalf of its members.

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

1,000

Revaluations

(1,000

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

1,000

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2024

1,000

Valuation in 2025

(1,000

)

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,487

4,928

Amounts owed by related parties

387,884

309,173

Other debtors

8,325

-

Prepayments

12,525

-

411,221

314,101

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

44,681

23,224

Social security and other taxes

3,057

2,876

VAT

6,621

5,154

Other creditors

-

125

Accruals and deferred income

14,816

2,700

Members income in advance

425

1,090

69,600

35,169

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Members loans

126,865

163,893

Members income in advance

1,276

-

128,141

163,893

9.

RESERVES

Income

and

Court

Clubhouse

expenditure

Revaluation

replacement

repairs

account

reserve

fund

fund

Totals

£

£

£

£

£

At 1 April 2024

512,546

660,000

51,300

50,000

1,273,846

Surplus for the year

129,204

129,204

Transfer to sinking fund

-

-

24,000

104,000

128,000

Cash share issue

-

-

(3,043

)

(125,146

)

(128,189

)

At 31 March 2025

641,750

660,000

72,257

28,854

1,402,861

10.	RELATED PARTY DISCLOSURES

The shares of Bristol Lawn Tennis Club Limited were acquired by Redland Green Limited from the bare trust on 28 March 2022. Redland Green Limited pays the capital and interest repayments on the loans secured/unsecured loans on the clubhouse and carpark assets in Bristol Lawn Tennis Club Limited. These payments are recorded as amounts receivable within Debtors and totals £387,884 at the year end (2024 - £309,173).

During the year, Bristol Lawn Tennis Club Ltd made a donation to Redland Green Limited of £130,000 (2024 - £Nil).

Included in long term creditors is an amount of £126,865 (2024 - £163,893) owed to D Evans, a director of the company. This amount is interest free and is not repayable to the detriment of the company.