Company No: 04455912 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Current assets
Stocks	3	2,404,655		2,404,655
Debtors	4	167,606		128,530
Cash at bank and in hand		13,203		117,843
		2,585,464		2,651,028
Creditors: amounts falling due within one year	5	( 15,890)		( 101,114)
Net current assets		2,569,574		2,549,914
Total assets less current liabilities		2,569,574		2,549,914
Creditors: amounts falling due after more than one year	6	( 2,594,995)		( 2,594,995)
Net liabilities		( 25,421)		( 45,081)
Capital and reserves
Called-up share capital	7	385		385
Capital redemption reserve		15		15
Profit and loss account		( 25,821 )		( 45,481 )
Total shareholder's deficit		( 25,421)		( 45,081)

For the financial year ending 31 August 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Redlaw Properties Limited (registered number: 04455912) were approved and authorised for issue by the Board of Directors on 26 May 2026. They were signed on its behalf by:

P K Reynolds Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Redlaw Properties Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Stocks

	2025		2024
	£		£
Stocks	740,000		740,000
Work in progress	1,664,655		1,664,655
	2,404,655		2,404,655

4. Debtors

	2025		2024
	£		£
Trade debtors	4,774		45
Amounts owed by Group undertakings	130,000		119,500
Other debtors	32,832		8,985
	167,606		128,530

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	4,877		11,731
Other creditors	11,013		89,383
	15,890		101,114

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	2,594,995		2,594,995

Bank loans are secured against stock and work in progress of the company.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
385 Ordinary shares of £ 1.00 each	385		385

8. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Key management	28,188		0

Interest has been charged in line with HMRC official rate.