REGISTERED NUMBER: 01247052 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

REDWING QUAY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Colin Kenneth Samuelson

Mr Olav Thomas Cole

Mr Michael William Toogood

Mr Mark Downer

Mr Jeremy James Thompson Tate

SECRETARY:

Mr Timothy William Woodcock

REGISTERED OFFICE:

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

REGISTERED NUMBER:

01247052 (England and Wales)

ACCOUNTANTS:

Xeinadin Isle of Wight

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

FIXED ASSETS

Tangible assets

4

27,725

27,768

CURRENT ASSETS

Debtors

5

1,944

1,059

Cash at bank

59,960

43,737

61,904

44,796

CREDITORS

Amounts falling due within one year

6

37,793

30,389

NET CURRENT ASSETS

24,111

14,407

TOTAL ASSETS LESS CURRENT LIABILITIES

51,836

42,175

CREDITORS

Amounts falling due after more than one year

7

(3,200

)

(3,200

)

PROVISIONS FOR LIABILITIES

8

(8,701

)

(7,200

)

NET ASSETS

39,935

31,775

CAPITAL AND RESERVES

Called up share capital

9

20,000

20,000

Retained earnings

19,935

11,775

SHAREHOLDERS' FUNDS

39,935

31,775

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

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

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

Mr Colin Kenneth Samuelson - Director

1.	STATUTORY INFORMATION

Redwing Quay 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.

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.

Fixtures and fittings

-

10% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Long

Fixtures

leasehold

and

property

fittings

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

27,334

13,649

40,983

DEPRECIATION

At 1 January 2025

-

13,215

13,215

Charge for year

-

43

43

At 31 December 2025

-

13,258

13,258

NET BOOK VALUE

At 31 December 2025

27,334

391

27,725

At 31 December 2024

27,334

434

27,768

Land and buildings represents a long leasehold property acquired by the company during 1976 on a term of 999 years. No amortisation is provided on this property.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,138

371

Prepayments

806

688

1,944

1,059

Other debtors consists of a balance of trade debtors of £118 (2024: £371) and interest due to the company of £1,021 (2024: £Nil).

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors and accruals

35,204

27,465

Amounts owed to group undertakings

2,384

2,924

Tax

205

-

37,793

30,389

Included with trade creditors and accruals are costs related to the ongoing maintenance and repainting of the boat sheds, and reserves for the Quay Wall and Shed.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Members loans

3,200

3,200

Unsecured, interest free loans from members totalling £3,200 (2024: £3,200).

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Other provisions

8,701

7,200

Other provisions consists of a Crane Hoist Reserve of £8,701 (2024: £7,200).

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

20,000

Ordinary Shares

£1

20,000

20,000

10.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party 75% of the company's issued share capital is held by the ultimate parent company Redwing Club Limited.