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REGISTERED NUMBER: 06898588 (England and Wales)












Red Marshall Ltd

Unaudited Financial Statements

for the Year Ended 31 May 2023






Red Marshall Ltd (Registered number: 06898588)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


Red Marshall Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTORS: T Marshall
C M Marshall





REGISTERED OFFICE: 71 Hartwell Road
Hanslope
Milton Keynes
Buckinghamshire
MK19 7BY





REGISTERED NUMBER: 06898588 (England and Wales)





ACCOUNTANTS: Clarkson Cleaver & Bowes Ltd
8a Wingbury Courtyard
Business Village
Wingrave
Buckinghamshire
HP22 4LW

Red Marshall Ltd (Registered number: 06898588)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,551 1,386

CURRENT ASSETS
Debtors 5 6,597 10,140
Cash at bank 1,223 -
7,820 10,140
CREDITORS
Amounts falling due within one
year

6

8,322

10,416
NET CURRENT LIABILITIES (502 ) (276 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,049

1,110

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 49 110
SHAREHOLDERS' FUNDS 1,049 1,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

Red Marshall Ltd (Registered number: 06898588)

Balance Sheet - continued
31 May 2023


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 Board of Directors and authorised for issue on 20 November 2023 and were signed on its behalf by:





T Marshall - Director


Red Marshall Ltd (Registered number: 06898588)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Red Marshall 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.

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 represents net invoiced sales, excluding value added tax.

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 - 25% reducing balance
Computer equipment - 33.33% straight line

Government grants
Government grants in relation to expenditure are credited when the expenditure is charged to profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement.

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 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 and that are expected to apply to the reversal of the timing difference.

Current or deferred taxation liabilities are not discounted.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Red Marshall Ltd (Registered number: 06898588)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2022 10,016 5,381 15,397
Additions - 894 894
At 31 May 2023 10,016 6,275 16,291
DEPRECIATION
At 1 June 2022 8,745 5,266 14,011
Charge for year 317 412 729
At 31 May 2023 9,062 5,678 14,740
NET BOOK VALUE
At 31 May 2023 954 597 1,551
At 31 May 2022 1,271 115 1,386

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,943 5,015
Other debtors 4,654 5,125
6,597 10,140

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 738
Taxation and social security 7,731 9,115
Other creditors 591 563
8,322 10,416

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year advances of £3,754 were made to the directors. The balance outstanding at 31 May 2022 of £4,225 was repaid in full during the year. At the year end the total amount owed by the directors stood at £3,754. This has been repaid since the year end.