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Company Registration No. 03528484 (England and Wales)
Red Mist Services Ltd Unaudited accounts for the year ended 31 March 2024
Red Mist Services Ltd Unaudited accounts Contents
Page
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Red Mist Services Ltd Company Information for the year ended 31 March 2024
Director
Mr A W Peters
Secretary
Miss S E P Fox
Company Number
03528484 (England and Wales)
Registered Office
2 Kingsbrook Corby Northamptonshire NN18 9HY United Kingdom
Accountants
Kingsbrook Accounting and Tax Services Limited 2 Kingsbrook Corby Northants NN189HY
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Red Mist Services Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
45,200 
17,853 
Current assets
Inventories
65,594 
79,895 
Debtors
559,053 
401,220 
Cash at bank and in hand
904,000 
1,253,651 
1,528,647 
1,734,766 
Creditors: amounts falling due within one year
(855,986)
(395,321)
Net current assets
672,661 
1,339,445 
Total assets less current liabilities
717,861 
1,357,298 
Provisions for liabilities
Deferred tax
(11,300)
(3,343)
Net assets
706,561 
1,353,955 
Capital and reserves
Called up share capital
39 
63 
Capital redemption reserve
45 
45 
Profit and loss account
706,477 
1,353,847 
Shareholders' funds
706,561 
1,353,955 
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 his 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 9 April 2024 and were signed on its behalf by
Mr A W Peters Director Company Registration No. 03528484
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Red Mist Services Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Red Mist Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 03528484. The registered office is 2 Kingsbrook, Corby, Northamptonshire, NN18 9HY, United Kingdom.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
8,400 
51,670 
4,227 
3,036 
67,333 
Additions
- 
43,362 
- 
- 
43,362 
Disposals
- 
(25,445)
- 
- 
(25,445)
At 31 March 2024
8,400 
69,587 
4,227 
3,036 
85,250 
Depreciation
At 1 April 2023
7,323 
36,298 
3,602 
2,257 
49,480 
Charge for the year
269 
14,447 
156 
195 
15,067 
On disposals
- 
(24,497)
- 
- 
(24,497)
At 31 March 2024
7,592 
26,248 
3,758 
2,452 
40,050 
Net book value
At 31 March 2024
808 
43,339 
469 
584 
45,200 
At 31 March 2023
1,077 
15,372 
625 
779 
17,853 
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Red Mist Services Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
20,733 
9,018 
Trade debtors
537,685 
391,503 
Accrued income and prepayments
635 
699 
559,053 
401,220 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
187,521 
314,146 
Taxes and social security
57,526 
77,797 
Other creditors
259 
258 
Loans from directors
608,480 
- 
Accruals
2,200 
3,120 
855,986 
395,321 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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