2022-04-012023-03-312023-03-31false11915525RED LIGHT MAN LTD2023-12-22iso4217:GBPxbrli:pure119155252022-04-01119155252023-03-31119155252022-04-012023-03-31119155252021-04-01119155252022-03-31119155252021-04-012022-03-3111915525bus:SmallEntities2022-04-012023-03-3111915525bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3111915525bus:FullAccounts2022-04-012023-03-3111915525bus:PrivateLimitedCompanyLtd2022-04-012023-03-3111915525core:WithinOneYear2023-03-3111915525core:AfterOneYear2023-03-3111915525core:WithinOneYear2022-03-3111915525core:AfterOneYear2022-03-3111915525core:ShareCapital2023-03-3111915525core:SharePremium2023-03-3111915525core:RevaluationReserve2023-03-3111915525core:OtherReservesSubtotal2023-03-3111915525core:RetainedEarningsAccumulatedLosses2023-03-3111915525core:ShareCapital2022-03-3111915525core:SharePremium2022-03-3111915525core:RevaluationReserve2022-03-3111915525core:OtherReservesSubtotal2022-03-3111915525core:RetainedEarningsAccumulatedLosses2022-03-3111915525core:LandBuildings2023-03-3111915525core:PlantMachinery2023-03-3111915525core:Vehicles2023-03-3111915525core:FurnitureFittings2023-03-3111915525core:OfficeEquipment2023-03-3111915525core:NetGoodwill2023-03-3111915525core:IntangibleAssetsOtherThanGoodwill2023-03-3111915525core:ListedExchangeTraded2023-03-3111915525core:UnlistedNon-exchangeTraded2023-03-3111915525core:LandBuildings2022-03-3111915525core:PlantMachinery2022-03-3111915525core:Vehicles2022-03-3111915525core:FurnitureFittings2022-03-3111915525core:OfficeEquipment2022-03-3111915525core:NetGoodwill2022-03-3111915525core:IntangibleAssetsOtherThanGoodwill2022-03-3111915525core:ListedExchangeTraded2022-03-3111915525core:UnlistedNon-exchangeTraded2022-03-3111915525core:LandBuildings2022-04-012023-03-3111915525core:PlantMachinery2022-04-012023-03-3111915525core:Vehicles2022-04-012023-03-3111915525core:FurnitureFittings2022-04-012023-03-3111915525core:OfficeEquipment2022-04-012023-03-3111915525core:NetGoodwill2022-04-012023-03-3111915525core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3111915525core:ListedExchangeTraded2022-04-012023-03-3111915525core:UnlistedNon-exchangeTraded2022-04-012023-03-3111915525core:MoreThanFiveYears2022-04-012023-03-3111915525core:Non-currentFinancialInstruments2023-03-3111915525core:Non-currentFinancialInstruments2022-03-3111915525dpl:CostSales2022-04-012023-03-3111915525dpl:DistributionCosts2022-04-012023-03-3111915525core:LandBuildings2022-04-012023-03-3111915525core:PlantMachinery2022-04-012023-03-3111915525core:Vehicles2022-04-012023-03-3111915525core:FurnitureFittings2022-04-012023-03-3111915525core:OfficeEquipment2022-04-012023-03-3111915525dpl:AdministrativeExpenses2022-04-012023-03-3111915525core:NetGoodwill2022-04-012023-03-3111915525core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3111915525dpl:GroupUndertakings2022-04-012023-03-3111915525dpl:ParticipatingInterests2022-04-012023-03-3111915525dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3111915525core:ListedExchangeTraded2022-04-012023-03-3111915525dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3111915525core:UnlistedNon-exchangeTraded2022-04-012023-03-3111915525dpl:CostSales2021-04-012022-03-3111915525dpl:DistributionCosts2021-04-012022-03-3111915525core:LandBuildings2021-04-012022-03-3111915525core:PlantMachinery2021-04-012022-03-3111915525core:Vehicles2021-04-012022-03-3111915525core:FurnitureFittings2021-04-012022-03-3111915525core:OfficeEquipment2021-04-012022-03-3111915525dpl:AdministrativeExpenses2021-04-012022-03-3111915525core:NetGoodwill2021-04-012022-03-3111915525core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3111915525dpl:GroupUndertakings2021-04-012022-03-3111915525dpl:ParticipatingInterests2021-04-012022-03-3111915525dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3111915525core:ListedExchangeTraded2021-04-012022-03-3111915525dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3111915525core:UnlistedNon-exchangeTraded2021-04-012022-03-3111915525core:NetGoodwill2023-03-3111915525core:IntangibleAssetsOtherThanGoodwill2023-03-3111915525core:LandBuildings2023-03-3111915525core:PlantMachinery2023-03-3111915525core:Vehicles2023-03-3111915525core:FurnitureFittings2023-03-3111915525core:OfficeEquipment2023-03-3111915525core:AfterOneYear2023-03-3111915525core:WithinOneYear2023-03-3111915525core:ListedExchangeTraded2023-03-3111915525core:UnlistedNon-exchangeTraded2023-03-3111915525core:ShareCapital2023-03-3111915525core:SharePremium2023-03-3111915525core:RevaluationReserve2023-03-3111915525core:OtherReservesSubtotal2023-03-3111915525core:RetainedEarningsAccumulatedLosses2023-03-3111915525core:NetGoodwill2022-03-3111915525core:IntangibleAssetsOtherThanGoodwill2022-03-3111915525core:LandBuildings2022-03-3111915525core:PlantMachinery2022-03-3111915525core:Vehicles2022-03-3111915525core:FurnitureFittings2022-03-3111915525core:OfficeEquipment2022-03-3111915525core:AfterOneYear2022-03-3111915525core:WithinOneYear2022-03-3111915525core:ListedExchange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RED LIGHT MAN LTD

Registered Number
11915525
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

RED LIGHT MAN LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

HOLLINS-GIBSON, Joseph

Registered Address

Suite 312 Atlas House Caxton Close
Wigan
WN3 6XU

Registered Number

11915525 (England and Wales)
RED LIGHT MAN LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets643,270303
43,270303
Current assets
Stocks733,740-
Debtors83,33116,026
Cash at bank and on hand245,936249,386
283,007265,412
Creditors amounts falling due within one year9(25,625)(39,334)
Net current assets (liabilities)257,382226,078
Total assets less current liabilities300,652226,381
Net assets300,652226,381
Capital and reserves
Called up share capital100100
Profit and loss account300,552226,281
Shareholders' funds300,652226,381
The financial statements were approved and authorised for issue by the Director on 22 December 2023, and are signed on its behalf by:
HOLLINS-GIBSON, Joseph
Director
Registered Company No. 11915525
RED LIGHT MAN LTD
Notes to the Financial Statements
for the year ended 31 March 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
Principal activity is that of retail.
4.Accounting policies
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:

Reducing balance (%)Straight line (years)
Land and buildings-20
Plant and machinery-4
Fixtures and fittings-5
Vehicles25-
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
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.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
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.
5.Employee information

20232022
Average number of employees during the year20
6.Property, plant and equipment

Land & buildings

Plant & machinery

Vehicles

Fixtures & fittings

Office Equipment

Total

££££££
Cost or valuation
At 01 April 22-179-74554807
Additions13,98727433,869349-48,479
At 31 March 2313,98745333,86942355449,286
Depreciation and impairment
At 01 April 22-119-38347504
Charge for year3061084,939211385,512
At 31 March 233062274,939594856,016
Net book value
At 31 March 2313,68122628,9303646943,270
At 31 March 22-60-36207303
7.Stocks

2023

2022

££
Finished goods33,740-
Total33,740-
8.Debtors

2023

2022

££
Trade debtors / trade receivables8872,456
Other debtors2,44413,570
Total3,33116,026
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 payables5,2303,222
Taxation and social security20,36836,112
Other creditors27-
Total25,62539,334
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.