ACCOUNTS - Final Accounts preparation

Registered number: 16053353

REDSTOWE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2026

REDSTOWE LIMITED

REGISTERED NUMBER: 16053353

BALANCE SHEET

AS AT 31 MARCH 2026

		2026
Note		£

Fixed assets
Investments	4		1,004
Investment property	5		6,998,354
			6,999,358
Current assets
Debtors: amounts falling due within one year	6	485,000
Cash at bank and in hand	7	280,598
		765,598
Creditors: amounts falling due within one year	8	(2,586,995)
Net current (liabilities)/assets			(1,821,397)
Total assets less current liabilities			5,177,961
Creditors: amounts falling due after more than one year	9		(4,062,500)

Net assets			1,115,461

Capital and reserves
Called up share capital			262,920
Profit and loss account			852,541
			1,115,461

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

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REDSTOWE LIMITED

REGISTERED NUMBER: 16053353

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2026

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

S R Hope

Director

Date: 25 August 2026

The notes on pages 3 to 7 form part of these financial statements.

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REDSTOWE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

Redstowe Limited is a private company limited by shares incorporated in England and Wales. The registered office is First Floor, Radius House, 51 Clarendon Road, Watford, Hertfordshire, WD17 1HP.

The principal activity of the company is that of a property firm.

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

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

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REDSTOWE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

2.7

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2.

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REDSTOWE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	Additions	1,004
	At 31 March 2026	1,004

5.	Investment property

		Freehold investment property
		£
	Valuation
	Additions at cost	6,998,354
	At 31 March 2026	6,998,354

The 2026 valuations were made by the Directors, on an open market value basis.

Debtors

					2026
					£


	Trade debtors	482,500
	Prepayments and accrued income	2,500
		485,000

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REDSTOWE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

7.	Cash and cash equivalents
		2026
		£

	Cash at bank and in hand	280,598
		280,598

8.	Creditors: Amounts falling due within one year
		2026
		£

	Bank loans	250,000
	Trade creditors	19,478
	Corporation tax	83,466
	Other taxation and social security	26,264
	Other creditors	2,009,794
	Accruals and deferred income	197,993
		2,586,995

There is a fixed charge over three of the company's properties by the bank if the company defaults on loan repayments.

9.	Creditors: Amounts falling due after more than one year
		2026
		£

	Bank loans	4,062,500
		4,062,500

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REDSTOWE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

10.	Loans
	Analysis of the maturity of loans is given below:
		2026
		£

	Amounts falling due within one year
	Bank loans	250,000
		250,000
	Amounts falling due 1-2 years
	Bank loans	250,000
		250,000
	Amounts falling due 2-5 years
	Bank loans	3,812,500
		3,812,500

		4,312,500

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