Red Bird Holdings Limited 12166455 false 2024-10-01 2025-09-30 2025-09-30 The principal activity of the company is that of property rental Digita Accounts Production Advanced 6.30.9574.0 true true 12166455 2024-10-01 2025-09-30 12166455 2025-09-30 12166455 core:RetainedEarningsAccumulatedLosses 2025-09-30 12166455 core:ShareCapital 2025-09-30 12166455 core:CurrentFinancialInstruments 2025-09-30 12166455 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 12166455 core:FurnitureFittings 2025-09-30 12166455 core:FurnitureFittingsToolsEquipment 2025-09-30 12166455 bus:SmallEntities 2024-10-01 2025-09-30 12166455 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 12166455 bus:FilletedAccounts 2024-10-01 2025-09-30 12166455 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 12166455 bus:RegisteredOffice 2024-10-01 2025-09-30 12166455 bus:Director1 2024-10-01 2025-09-30 12166455 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 12166455 core:FurnitureFittings 2024-10-01 2025-09-30 12166455 core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 12166455 1 2024-10-01 2025-09-30 12166455 countries:EnglandWales 2024-10-01 2025-09-30 12166455 2024-09-30 12166455 2023-09-01 2024-09-30 12166455 2024-09-30 12166455 core:RetainedEarningsAccumulatedLosses 2024-09-30 12166455 core:ShareCapital 2024-09-30 12166455 core:CurrentFinancialInstruments 2024-09-30 12166455 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 iso4217:GBP xbrli:pure

Registration number: 12166455

Red Bird Holdings Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Red Bird Holdings Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Red Bird Holdings Limited

Company Information

Director | R D Scott

Registered office | Harepath Streatham Rise Exeter Devon EX4 4PE

Accountants | Thompson Jenner LLP Chartered Accountants 1 Colleton Crescent Exeter Devon EX2 4DG

Red Bird Holdings Limited

(Registration number: 12166455)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,921 | -
Investment property | 5 | 3,347,793 | 3,347,793
|  | 3,349,714 | 3,347,793
Current assets |  |  |
Debtors | 6 | 51,933 | 47,713
Cash at bank and in hand |  | 289,471 | 172,168
|  | 341,404 | 219,881
Creditors: Amounts falling due within one year | 7 | (3,029,568) | (3,056,341)
Net current liabilities |  | (2,688,164) | (2,836,460)
Total assets less current liabilities |  | 661,550 | 511,333
Provisions for liabilities |  | (42,010) | (41,530)
Net assets |  | 619,540 | 469,803
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 619,440 | 469,703
Shareholders' funds |  | 619,540 | 469,803

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

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Red Bird Holdings Limited

(Registration number: 12166455)
Balance Sheet as at 30 September 2025

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 March 2026

......................................... R D Scott Director

Red Bird Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Harepath
Streatham Rise
Exeter
Devon
EX4 4PE

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Disclosure of long or short period

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Red Bird Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the director. The director uses observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Red Bird Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Red Bird Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
Additions | 1,921 | 1,921
At 30 September 2025 | 1,921 | 1,921
Depreciation
Carrying amount
At 30 September 2025 | 1,921 | 1,921

| Fixtures and fittings £ | Total £
Cost or valuation
Additions | 1,921 | 1,921
At 30 September 2025 | 1,921 | 1,921
Depreciation
Carrying amount
At 30 September 2025 | 1,921 | 1,921

5 | Investment properties

| 2025 £
At 1 October | 3,347,793
At 30 September | 3,347,793

The director has estimated the fair value of the investment properties based on his knowledge of the market. The values are estimated to be in line with the costs incurred in purchasing and development as there has been little growth since the properties were acquired.

There has been no valuation of investment property by an independent valuer.

6 | Debtors

Red Bird Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

| 2025 £ | 2024 £
Trade debtors | 49,450 | 27,396
Other debtors | - | 2,000
Prepayments and accrued income | 2,483 | 18,317
Total current trade and other debtors | 51,933 | 47,713

7 | Creditors

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 119 | 949
Taxation and social security | 70,028 | 80,258
Other creditors | 2,864,475 | 2,930,747
Accrued expenses | 4,541 | 3,988
Deferred income | 90,405 | 40,399
| 3,029,568 | 3,056,341