| REDIRESI IRISHLANDS LIMITED |
| Registered number: |
11090245 |
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Investments |
3 |
|
|
45 |
|
|
45 |
|
| Current assets |
| Debtors |
4 |
|
723,621 |
|
|
784,551 |
| Cash at bank and in hand |
|
|
10 |
|
|
10 |
|
|
|
723,631 |
|
|
784,561 |
|
| Creditors: amounts falling due within one year |
5 |
|
(903,723) |
|
|
(964,653) |
|
| Net current liabilities |
|
|
|
(180,092) |
|
|
(180,092) |
|
| Net liabilities |
|
|
|
(180,047) |
|
|
(180,047) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
(180,048) |
|
|
(180,048) |
|
| Shareholders' funds |
|
|
|
(180,047) |
|
|
(180,047) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| S R Kholia |
| Director |
| Approved by the board on 31 July 2026 |
|
| REDIRESI IRISHLANDS LIMITED |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 November 2024 |
45 |
|
|
At 31 October 2025 |
45 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
723,621 |
|
784,551 |
|
|
|
|
|
|
|
|
|
|
Amounts owed by group undertakings are unsecured, interest free and repayable on demand. |
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
900,087 |
|
961,017 |
|
Taxation and social security costs |
3,636 |
|
3,636 |
|
|
|
|
|
|
903,723 |
|
964,653 |
|
|
|
|
|
|
|
|
|
|
Amounts owed to group undertakings are unsecured, interest free and repayable on demand. |
|
| 6 |
Related party transactions |
|
|
At the balance sheet date, the amounts owed by the company to Rediresi Limited amounted to £900,087 (2023: £961,017). |
|
At the balance sheet date, the amounts owed to the company by Rediresi Icorp Limited amounted to £723,621 (2023: £784,551). This amount has been obtained from the published audited accounts of Rediresi Icorp Limited denominated in Euros. The currency exchange rate used for the purpose of these accounts is €1=£0.8823 as at 31 October 2025. |
|
Both these companies are related by virtue of common shareholders. |
|
Note that in the opinion of the director, the company is entitled to 51% of the shares in Rediresi Icorp Limited. This entitlement is disputed by Rediresi Icorp Limited and is not recorded in the shareholder register of Rediresi Icorp Limited. The company is taking active steps to rectify the register of Rediresi Icorp Limited to reflect its true ownership rights. |
|
| 7 |
Controlling party |
|
|
In the opinion of the directors, the ultimate controlling party is Rediresi Limited (in liquidation), a company incorporated in England and Wales. |
|
|
| 8 |
Other information |
|
|
REDIRESI IRISHLANDS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
C/o Evelyn Partners LLP |
|
45 Gresham Street |
|
London |
|
EC2V 7BG |