Company Registration No. 05537641 (England and Wales)
Red Face Design Limited
Unaudited accounts
for the year ended 31 March 2023
Red Face Design Limited
Unaudited accounts
Contents
Red Face Design Limited
Company Information
for the year ended 31 March 2023
Company Number
05537641 (England and Wales)
Registered Office
Iona, Wootton Road
Tiptoe
Lymington
Hampshire
SO41 6FU
ENGLAND
Accountants
Easy Accountants
New Forest Enterprise Centre
Rushington Business Park
Totton
Hampshire
SO40 9LA
Red Face Design Limited
Statement of financial position
as at 31 March 2023
Tangible assets
2,805
3,740
Cash at bank and in hand
28,483
55,434
Creditors: amounts falling due within one year
(13,476)
(12,433)
Net current assets
29,720
44,411
Called up share capital
555
555
Profit and loss account
31,970
47,596
Shareholders' funds
32,525
48,151
For the year ending 31 March 2023 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 director acknowledges his 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 and authorised for issue on 25 October 2023 and were signed on its behalf by
Mr R Cole
Director
Company Registration No. 05537641
Red Face Design Limited
Notes to the Accounts
for the year ended 31 March 2023
Red Face Design Limited is a private company, limited by shares, registered in England and Wales, registration number 05537641. The registered office is Iona, Wootton Road, Tiptoe, Lymington, Hampshire, SO41 6FU, 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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
14,713
1,410
Red Face Design Limited
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,670
267
Trade creditors
(816)
(816)
Loans from directors
713
471
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).