REGISTERED NUMBER: 03124752 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Redfields Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

P Henson

REGISTERED OFFICE:

5 Granville Close

Havant

Hampshire

PO9 2TR

REGISTERED NUMBER:

03124752 (England and Wales)

ACCOUNTANTS:

Henderson-Smith Associates Limited

5 Granville Close

Havant

Hampshire

PO9 2TR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

75,339

76,240

75,339

76,240

CURRENT ASSETS

Debtors

6

24,733

21,133

Cash at bank

8,425

3,696

33,158

24,829

CREDITORS

Amounts falling due within one year

7

36,274

34,156

NET CURRENT LIABILITIES

(3,116

)

(9,327

)

TOTAL ASSETS LESS CURRENT LIABILITIES

72,223

66,913

CAPITAL AND RESERVES

Called up share capital

8

4

4

Retained earnings

9

72,219

66,909

SHAREHOLDERS' FUNDS

72,223

66,913

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 July 2026 and were signed by:

P Henson - Director

1.	STATUTORY INFORMATION

Redfields Limited 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of two 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.

Short leasehold

-

in accordance with the property

Plant & equipment

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Moulds

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

20,000

AMORTISATION

At 1 November 2024

and 31 October 2025

20,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Short

Plant &

Office

leasehold

equipment

equipment

Moulds

Totals

£

£

£

£

£

COST

At 1 November 2024

and 31 October 2025

95,666

4,536

1,832

20,000

122,034

DEPRECIATION

At 1 November 2024

19,482

4,530

1,829

19,953

45,794

Charge for year

886

2

1

12

901

At 31 October 2025

20,368

4,532

1,830

19,965

46,695

NET BOOK VALUE

At 31 October 2025

75,298

4

2

35

75,339

At 31 October 2024

76,184

6

3

47

76,240

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

24,733

21,133

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

80

80

Taxation and social security

1,563

1,974

Other creditors

34,631

32,102

36,274

34,156

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

2

Ordinary A Voting

£1

2

2

1

Ordinary B Non Voting

£1

1

1

1

Ordinary C Non Voting

£1

1

1

4

4

9.

RESERVES

Retained

earnings

£

At 1 November 2024

66,909

Profit for the year

5,810

Dividends

(500

)

At 31 October 2025

72,219

10.	RELATED PARTY DISCLOSURES

During the year the company received rent of £14,400 (2024- £14,400) from a related party, DLM Properties Limited. The issued voting shares in both companies are held by the director, P Henson.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P Henson.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2025 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Henderson-Smith Associates Limited

5 Granville Close

Havant

Hampshire

PO9 2TR

26 July 2026