REGISTERED NUMBER: 05206352 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

REDFIN MANAGEMENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Quinn

Stelaris Directors Ltd

REGISTERED OFFICE:

111 Charterhouse Street

Farringdon

London

EC1M 6AW

REGISTERED NUMBER:

05206352 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,959

1,760

2,959

1,760

CURRENT ASSETS

Debtors

6

570,652

215,199

Prepayments and accrued income

15,197

16,784

Cash in hand

21,963

109,971

607,812

341,954

CREDITORS

Amounts falling due within one year

7

430,453

299,524

NET CURRENT ASSETS

177,359

42,430

TOTAL ASSETS LESS CURRENT LIABILITIES

180,318

44,190

CREDITORS

Amounts falling due after more than one year

8

124,203

-

NET ASSETS

56,115

44,190

CAPITAL AND RESERVES

Called up share capital

96

96

Share premium

29,630

29,630

Capital redemption reserve

15

15

Retained earnings

26,374

14,449

SHAREHOLDERS' FUNDS

56,115

44,190

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 by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by:

R Quinn - Director

Stelaris Directors Ltd - Director

1.	STATUTORY INFORMATION

Redfin Management Ltd 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.

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 2014, is being amortised evenly over its estimated useful life of three 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

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

Plant and machinery etc

-

50% on cost

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 8 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

339,397

AMORTISATION

At 1 April 2024

and 31 March 2025

339,397

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

35,135

Additions

4,694

At 31 March 2025

39,829

DEPRECIATION

At 1 April 2024

33,375

Charge for year

3,495

At 31 March 2025

36,870

NET BOOK VALUE

At 31 March 2025

2,959

At 31 March 2024

1,760

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

181,084

180,124

Amounts owed by group undertakings

389,568

34,574

Other debtors

-

501

570,652

215,199

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

39,224

-

Trade creditors

10,070

4,104

Taxation and social security

33,654

33,042

Other creditors

347,505

262,378

430,453

299,524

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

124,203

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

6,537

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

163,427

-

Bank borrowings are secured by fixed and floating charges over the company's assets. Personal guarantees have also been provided by the directors.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is BAND Advisory Group Limited.

The ultimate controlling party is Stelaris Group Limited.