Company registration number: SC777606
Annual report and unaudited financial statements
for the year ended 31 August 2025
for
Redhall Development Limited
Pages for filing with the Registrar
Company registration number: SC777606
Redhall Development Limited
Balance sheet
as at 31 August 2025
31 Aug 25 31 Aug 24
Note £ £ £ £
Fixed assets
Tangible assets 4 34,182 40,214
34,182 40,214
Current assets
Stocks 2,395,411 1,881,053
Debtors 35,827 75,574
Cash at bank and in hand 23,090 249,993
2,454,328 2,206,620
Creditors: amounts falling due within one
year 		(197,428) (91,782)
Net current assets 2,256,900 2,114,838
Total assets less current liabilities 2,291,082 2,155,052
Creditors: Amounts falling due after more
than one year 		5 (2,495,064) (2,433,119)
NET LIABILITIES (203,982) (278,067)
Capital and reserves
Called up share capital 100 100
Profit and loss account (204,082) (278,167)
TOTAL EQUITY (203,982) (278,067)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: SC777606
Redhall Development Limited
Balance sheet - continued
as at 31 August 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 28 May 2026 and signed on its behalf by:
Mr D Tedesco, Director
28 May 2026
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Redhall Development Limited
Notes to the financial statements
for the year ended 31 August 2025
1 Company information
Redhall Development Limited is a private company registered in Scotland. Its registered number is SC777606. The company is limited by shares. Its registered office is 51 Dalry Road, Edinburgh, EH11 2BX.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
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Redhall Development Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 September 2024 46,699
At 31 August 2025 46,699
Depreciation
At 1 September 2024 6,485
Charge for year 6,032
At 31 August 2025 12,517
Net book value
At 31 August 2025 34,182
At 31 August 2024 40,214
5 Creditors: amounts falling due after more than five years
Included within the above creditors are the following amounts falling due after more than five years:
31 Aug 25 31 Aug 24
£ £
Repayable otherwise than by instalments
Other creditors 2,495,064 2,433,119
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Redhall Development Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
6 Related party transactions
During the year company received loans from companies related to directors, These loans incur interest charge of 11.5%. During the year there was interest charge of £79,206 (2024 - £22,042) on these loans.

Further there was initial loans from the shareholders for the project which are interest free and repayable on demand.
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