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Company Registration No. 12882840 (England and Wales)
Red Squirrel Empire Ltd Unaudited accounts for the year ended 30 September 2023
Red Squirrel Empire Ltd Unaudited accounts Contents
Page
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Red Squirrel Empire Ltd Company Information for the year ended 30 September 2023
Directors
Paul Dutson Sarah Legard Cohen
Secretary
11818573
Company Number
12882840 (England and Wales)
Registered Office
2 St Georges Walk Gosport Hamsphire PO12 1FH
Accountants
The Pangolin UK Consulting Ltd 128 City Road London EC1V 2NX
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Red Squirrel Empire Ltd Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
64,268 
Current assets
Debtors
- 
1,620 
Cash at bank and in hand
4,653 
9,406 
4,653 
11,026 
Creditors: amounts falling due within one year
(11,102)
(99,367)
Net current liabilities
(6,449)
(88,341)
Net liabilities
(6,449)
(24,073)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(6,451)
(24,075)
Shareholders' funds
(6,449)
(24,073)
For the year ending 30 September 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 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 22 February 2024 and were signed on its behalf by
Sarah Legard Cohen Director Company Registration No. 12882840
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Red Squirrel Empire Ltd Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Red Squirrel Empire Ltd is a private company, limited by shares, registered in England and Wales, registration number 12882840. The registered office is 2 St Georges Walk, Gosport, Hamsphire, PO12 1FH. The company is in the process of being wound up.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, and rebates. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
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Red Squirrel Empire Ltd Notes to the Accounts for the year ended 30 September 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2022
73,559 
1,700 
1,300 
76,559 
Disposals
(73,559)
(1,700)
(1,300)
(76,559)
At 30 September 2023
- 
- 
- 
- 
Depreciation
At 1 October 2022
11,112 
750 
429 
12,291 
On disposals
(11,112)
(750)
(429)
(12,291)
At 30 September 2023
- 
- 
- 
- 
Net book value
At 30 September 2023
- 
- 
- 
- 
At 30 September 2022
62,447 
950 
871 
64,268 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,620 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
11,102 
97,567 
Accruals
- 
1,800 
11,102 
99,367 
7
Loans to directors
The director's loan is interest-free and is repayable on demand.
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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