Company registration number 15258284 (England and Wales)
DR RHYS REDFORD LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
DR RHYS REDFORD LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
DR RHYS REDFORD LIMITED
BALANCE SHEET
AS AT 30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
4
23,528
18,949
Cash at bank and in hand
74,117
35,831
97,645
54,780
Creditors: amounts falling due within one year
5
(62,597)
(33,766)
Net current assets
35,048
21,014
Capital and reserves
Called up share capital
6
100
100
Profit and loss reserves
34,948
20,914
Total equity
35,048
21,014

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 22 December 2025
Mr Rhys Redford
Director
Company registration number 15258284 (England and Wales)
DR RHYS REDFORD LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 2 -
1
Accounting policies
Company information

DR RHYS REDFORD LIMITED is a private company limited by shares incorporated in England and Wales. The registered office is Suite 2d Building 1, Eastern Business Park, St Mellons, Cardiff, CF3 5EA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.3
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

DR RHYS REDFORD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 3 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
25,557
21,877

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2025
2024
£
£
Profit before taxation
110,591
97,791
Expected tax charge based on the standard rate of corporation tax in the UK of 25.00% (2024: 25.00%)
27,648
24,448
Marginal relief
(2,091)
(2,571)
Taxation charge for the year
25,557
21,877
DR RHYS REDFORD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 4 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
23,528
18,949
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
12,878
10,275
Corporation tax
47,699
21,877
Other creditors
580
174
Accruals and deferred income
1,440
1,440
62,597
33,766
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A shares of £1 each
99
99
99
99
Ordinary B shares of £1 each
1
1
1
1
100
100
100
100
7
Related party transactions

As at balance sheet date, the company owed the director £580(2024: £174).

During the year, the director voted dividends of £71,000 (2024: £55,000).

8
Ultimate Controlling Party

The company's ultimate controlling party is Dr Rhys Redford by virtue of his majority ownership of the issued share capital in the company.

2025-11-30 2024-12-01 false false false 23 December 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr Rhys Redford 15258284 2024-12-01 2025-11-30 15258284 2025-11-30 15258284 2024-11-30 15258284 core:WithinOneYear 2025-11-30 15258284 core:WithinOneYear 2024-11-30 15258284 core:CurrentFinancialInstruments 2025-11-30 15258284 core:CurrentFinancialInstruments 2024-11-30 15258284 core:ShareCapital 2025-11-30 15258284 core:ShareCapital 2024-11-30 15258284 core:RetainedEarningsAccumulatedLosses 2025-11-30 15258284 core:RetainedEarningsAccumulatedLosses 2024-11-30 15258284 core:ShareCapitalOrdinaryShareClass1 2025-11-30 15258284 core:ShareCapitalOrdinaryShareClass1 2024-11-30 15258284 core:ShareCapitalOrdinaryShareClass2 2025-11-30 15258284 core:ShareCapitalOrdinaryShareClass2 2024-11-30 15258284 core:ShareCapitalOrdinaryShares 2025-11-30 15258284 core:ShareCapitalOrdinaryShares 2024-11-30 15258284 bus:Director1 2024-12-01 2025-11-30 15258284 2023-11-03 2024-11-30 15258284 core:UKTax 2024-12-01 2025-11-30 15258284 core:UKTax 2023-11-03 2024-11-30 15258284 1 2024-12-01 2025-11-30 15258284 1 2023-11-03 2024-11-30 15258284 bus:OrdinaryShareClass1 2024-12-01 2025-11-30 15258284 bus:OrdinaryShareClass2 2024-12-01 2025-11-30 15258284 bus:OrdinaryShareClass1 2025-11-30 15258284 bus:OrdinaryShareClass1 2024-11-30 15258284 bus:OrdinaryShareClass2 2025-11-30 15258284 bus:OrdinaryShareClass2 2024-11-30 15258284 bus:AllOrdinaryShares 2025-11-30 15258284 bus:AllOrdinaryShares 2024-11-30 15258284 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 15258284 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 15258284 bus:FRS102 2024-12-01 2025-11-30 15258284 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 15258284 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP