Company Registration No. 11469269 (England and Wales)
RED AND WHITE PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 July 2022
RED AND WHITE PROPERTIES LIMITED
Unaudited accounts
Contents
RED AND WHITE PROPERTIES LIMITED
Company Information
for the year ended 31 July 2022
Directors
John Redmill
Marta Redmill
Company Number
11469269 (England and Wales)
Registered Office
Afon Gonwy Cottage Middle Mill Road
Northop
Mold
CH7 6AQ
England
Accountants
JSM Partners
Brightfield Business Hub
Bakewell Road
Peterborough
Cambridgeshire
PE2 6XU
RED AND WHITE PROPERTIES LIMITED
Statement of financial position
as at 31 July 2022
Tangible assets
142,027
141,969
Cash at bank and in hand
5,379
1,232
Creditors: amounts falling due within one year
(58,050)
(53,632)
Net current liabilities
(52,671)
(52,400)
Total assets less current liabilities
89,356
89,569
Creditors: amounts falling due after more than one year
(105,732)
(105,732)
Net liabilities
(16,376)
(16,163)
Called up share capital
2
2
Profit and loss account
(16,378)
(16,165)
Shareholders' funds
(16,376)
(16,163)
For the year ending 31 July 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2023 and were signed on its behalf by
John Redmill
Director
Company Registration No. 11469269
RED AND WHITE PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 July 2022
RED AND WHITE PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11469269. The registered office is Afon Gonwy Cottage Middle Mill Road, Northop, Mold, CH7 6AQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2021
141,119
-
1,150
142,269
At 31 July 2022
141,119
359
1,150
142,628
At 1 August 2021
-
-
300
300
Charge for the year
-
13
288
301
At 31 July 2022
-
13
588
601
At 31 July 2022
141,119
346
562
142,027
At 31 July 2021
141,119
-
850
141,969
5
Creditors: amounts falling due within one year
2022
2021
Other creditors
19,750
19,751
Loans from directors
38,300
33,881
RED AND WHITE PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 July 2022
6
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
105,732
105,732
During the year loans totalling £38,300.00 were received from the directors. These remain outstanding at the year end and are interest free and repayable on demand.
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).