2022-03-012023-02-282023-02-28false11184274RED DOT 365 LTD2023-11-19iso4217:GBPxbrli:pure111842742022-03-01111842742023-02-28111842742022-03-012023-02-28111842742021-03-01111842742022-02-28111842742021-03-012022-02-2811184274bus:SmallEntities2022-03-012023-02-2811184274bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2811184274bus:FullAccounts2022-03-012023-02-2811184274bus:PrivateLimitedCompanyLtd2022-03-012023-02-2811184274core:WithinOneYear2023-02-2811184274core:AfterOneYear2023-02-2811184274core:WithinOneYear2022-02-2811184274core:AfterOneYear2022-02-2811184274core:ShareCapital2023-02-2811184274core:SharePremium2023-02-2811184274core:RevaluationReserve2023-02-2811184274core:OtherReservesSubtotal2023-02-2811184274core:RetainedEarningsAccumulatedLosses2023-02-2811184274core:ShareCapital2022-02-2811184274core:SharePremium2022-02-2811184274core:RevaluationReserve2022-02-2811184274core:OtherReservesSubtotal2022-02-2811184274core:RetainedEarningsAccumulatedLosses2022-02-2811184274core:LandBuildings2023-02-2811184274core:PlantMachinery2023-02-2811184274core:Vehicles2023-02-2811184274core:FurnitureFittings2023-02-2811184274core:OfficeEquipment2023-02-2811184274core:NetGoodwill2023-02-2811184274core:IntangibleAssetsOtherThanGoodwill2023-02-2811184274core:ListedExchangeTraded2023-02-2811184274core:UnlistedNon-exchangeTraded2023-02-2811184274core:LandBuildings2022-02-2811184274core:PlantMachinery2022-02-2811184274core:Vehicles2022-02-2811184274core:FurnitureFittings2022-02-2811184274core:OfficeEquipment2022-02-2811184274core:NetGoodwill2022-02-2811184274core:IntangibleAssetsOtherThanGoodwill2022-02-2811184274core:ListedExchangeTraded2022-02-2811184274core:UnlistedNon-exchangeTraded2022-02-2811184274core:LandBuildings2022-03-012023-02-2811184274core:PlantMachinery2022-03-012023-02-2811184274core:Vehicles2022-03-012023-02-2811184274core:FurnitureFittings2022-03-012023-02-2811184274core:OfficeEquipment2022-03-012023-02-2811184274core:NetGoodwill2022-03-012023-02-2811184274core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2811184274core:ListedExchangeTraded2022-03-012023-02-2811184274core:UnlistedNon-exchangeTraded2022-03-012023-02-2811184274core:MoreThanFiveYears2022-03-012023-02-2811184274core:Non-currentFinancialInstruments2023-02-2811184274core:Non-currentFinancialInstruments2022-02-2811184274dpl:CostSales2022-03-012023-02-2811184274dpl:DistributionCosts2022-03-012023-02-2811184274core:LandBuildings2022-03-012023-02-2811184274core:PlantMachinery2022-03-012023-02-2811184274core:Vehicles2022-03-012023-02-2811184274core:FurnitureFittings2022-03-012023-02-2811184274core:OfficeEquipment2022-03-012023-02-2811184274dpl:AdministrativeExpenses2022-03-012023-02-2811184274core:NetGoodwill2022-03-012023-02-2811184274core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2811184274dpl:GroupUndertakings2022-03-012023-02-2811184274dpl:ParticipatingInterests2022-03-012023-02-2811184274dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2811184274core:ListedExchangeTraded2022-03-012023-02-2811184274dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2811184274core:UnlistedNon-exchangeTraded2022-03-012023-02-2811184274dpl:CostSales2021-03-012022-02-2811184274dpl:DistributionCosts2021-03-012022-02-2811184274core:LandBuildings2021-03-012022-02-2811184274core:PlantMachinery2021-03-012022-02-2811184274core:Vehicles2021-03-012022-02-2811184274core:FurnitureFittings2021-03-012022-02-2811184274core:OfficeEquipment2021-03-012022-02-2811184274dpl:AdministrativeExpenses2021-03-012022-02-2811184274core:NetGoodwill2021-03-012022-02-2811184274core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2811184274dpl:GroupUndertakings2021-03-012022-02-2811184274dpl:ParticipatingInterests2021-03-012022-02-2811184274dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2811184274core:ListedExchangeTraded2021-03-012022-02-2811184274dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2811184274core:UnlistedNon-exchangeTraded2021-03-012022-02-2811184274core:NetGoodwill2023-02-2811184274core:IntangibleAssetsOtherThanGoodwill2023-02-2811184274core:LandBuildings2023-02-2811184274core:PlantMachinery2023-02-2811184274core:Vehicles2023-02-2811184274core:FurnitureFittings2023-02-2811184274core:OfficeEquipment2023-02-2811184274core:AfterOneYear2023-02-2811184274core:WithinOneYear2023-02-2811184274core:ListedExchangeTraded2023-02-2811184274core:UnlistedNon-exchangeTraded2023-02-2811184274core:ShareCapital2023-02-2811184274core:SharePremium2023-02-2811184274core:RevaluationReserve2023-02-2811184274core:OtherReservesSubtotal2023-02-2811184274core:RetainedEarningsAccumulatedLosses2023-02-2811184274core:NetGoodwill2022-02-2811184274core:IntangibleAssetsOtherThanGoodwill2022-02-2811184274core:LandBuildings2022-02-2811184274core:PlantMachinery2022-02-2811184274core:Vehicles2022-02-2811184274core:FurnitureFittings2022-02-2811184274core:OfficeEquipment2022-02-2811184274core:AfterOneYear2022-02-2811184274core:WithinOneYear2022-02-2811184274core:ListedExchange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RED DOT 365 LTD

Registered Number
11184274
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

RED DOT 365 LTD
Company Information
for the year from 1 March 2022 to 28 February 2023

Directors

BENBOW, Ian Robert
GUNTER, Gareth John
WILLIAMS, Daniel Jason
WILLIAMS, John Kenneth

Registered Address

Case-Uk Suite 1
Triangle Business Centre
Pentrebach
CF48 4TQ

Registered Number

11184274 (England and Wales)
RED DOT 365 LTD
Statement of Financial Position
28 February 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets71,770-
1,770-
Current assets
Debtors830,6053,238
Cash at bank and on hand11,09514,501
41,70017,739
Creditors amounts falling due within one year9(49,461)(39,248)
Net current assets (liabilities)(7,761)(21,509)
Total assets less current liabilities(5,991)(21,509)
Provisions for liabilities(336)-
Net assets(6,327)(21,509)
Capital and reserves
Called up share capital2020
Profit and loss account(6,347)(21,529)
Shareholders' funds(6,327)(21,509)
The financial statements were approved and authorised for issue by the Board of Directors on 19 November 2023, and are signed on its behalf by:
WILLIAMS, John Kenneth
Director
Registered Company No. 11184274
RED DOT 365 LTD
Notes to the Financial Statements
for the year ended 28 February 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The Principal activity of the business is that of Data processing, hosting and related activities.
4.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
5.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
Going concern
At the year end date, the company has net current liabilities. Included within creditors is the amount of £37,520 owed to directors. The directors have stated that they will support the company therefore the accounts have been prepared on a going concern basis.
6.Employee information

20232022
Average number of employees during the year31
7.Property, plant and equipment

Office Equipment

Total

££
Cost or valuation
Additions2,0302,030
At 28 February 232,0302,030
Depreciation and impairment
Charge for year260260
At 28 February 23260260
Net book value
At 28 February 231,7701,770
At 28 February 22--
8.Debtors

2023

2022

££
Trade debtors / trade receivables27,3603,000
Prepayments and accrued income3,245238
Total30,6053,238
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
9.Creditors within one year

2023

2022

££
Trade creditors / trade payables-5
Taxation and social security10,3672,423
Other creditors39,09436,820
Total49,46139,248
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.