REGISTERED NUMBER: 14878816 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

REDPATH HOLDCO 1 LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr C A M Madon

REGISTERED OFFICE:

Flat 1

123 Sinclair Road

London

W14 0NP

REGISTERED NUMBER:

14878816 (England and Wales)

SENIOR STATUTORY AUDITOR:

Christopher Joyce FCCA

AUDITORS:

Hysons Audit Services Ltd, Statutory Auditor

14 London Street

Andover

Hampshire

SP10 2PA

BANKERS:

NatWest Bank plc

3 London Street

Old Market Square

Basingstoke

Hampshire

RG21 7NS

FIXED ASSETS

Investments

5

2,166,425

2,166,425

CURRENT ASSETS

Debtors

6

160,000

11,865

Cash at bank and in hand

148,171

146,902

308,171

158,767

CREDITORS

Amounts falling due within one year

7

303,248

571,180

NET CURRENT ASSETS/(LIABILITIES)

4,923

(412,413

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,171,348

1,754,012

CREDITORS

Amounts falling due after more than one year

8

1,302,014

1,050,000

NET ASSETS

869,334

704,012

CAPITAL AND RESERVES

Called up share capital

135

135

Share premium

699,965

699,965

Retained earnings

169,234

3,912

869,334

704,012

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 30 April 2026 and were signed by:

Mr C A M Madon - Director

1.	STATUTORY INFORMATION

Redpath Holdco 1 Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

4.	EMPLOYEES AND DIRECTORS

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

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

2,166,425

NET BOOK VALUE

At 31 December 2025

2,166,425

At 31 December 2024

2,166,425

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

-

11,865

Other debtors

160,000

-

160,000

11,865

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

250,000

250,000

Taxation and social security

1,248

680

Other creditors

52,000

320,500

303,248

571,180

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

750,000

1,000,000

Amounts owed to associates

435,014

-

Other creditors

117,000

50,000

1,302,014

1,050,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,000,000

1,250,000

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Christopher Joyce FCCA (Senior Statutory Auditor)

for and on behalf of Hysons Audit Services Ltd, Statutory Auditor

11.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout the period by Mr C A M Madon.