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Company Registration No. 09491137 (England and Wales)
Happy Red Ltd Unaudited accounts for the year ended 31 March 2024
Happy Red Ltd Unaudited accounts Contents
Page
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Happy Red Ltd Company Information for the year ended 31 March 2024
Director
Sarah Lewis
Company Number
09491137 (England and Wales)
Registered Office
2A JEPHTHA ROAD LONDON SW18 1QH ENGLAND
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Happy Red Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
1,530 
- 
Debtors
9,684 
9,684 
Cash at bank and in hand
5,216 
10,782 
16,430 
20,466 
Creditors: amounts falling due within one year
(150)
(150)
Net current assets
16,280 
20,316 
Total assets less current liabilities
16,280 
20,316 
Creditors: amounts falling due after more than one year
(19,501)
(22,620)
Net liabilities
(3,221)
(2,304)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(3,222)
(2,305)
Shareholders' funds
(3,221)
(2,304)
For the year ending 31 March 2024 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 her 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 17 April 2024 and were signed on its behalf by
Sarah Lewis Director Company Registration No. 09491137
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Happy Red Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Happy Red Ltd is a private company, limited by shares, registered in England and Wales, registration number 09491137. The registered office is 2A JEPHTHA ROAD, LONDON, SW18 1QH, 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.
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.
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:
Computer equipment
33%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
657 
Disposals
(657)
At 31 March 2024
- 
Depreciation
At 1 April 2023
657 
On disposals
(657)
At 31 March 2024
- 
Net book value
At 31 March 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
9,684 
9,684 
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Happy Red Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
150 
150 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
19,501 
22,620 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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