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
Red Mist Services Ltd
Company Information
for the year ended 31 March 2024
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
Red Mist Services Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
45,200
17,853
Cash at bank and in hand
904,000
1,253,651
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
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
Red Mist Services Ltd
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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
At 31 March 2024
808
43,339
469
584
45,200
At 31 March 2023
1,077
15,372
625
779
17,853
Red Mist Services Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
537,685
391,503
Accrued income and prepayments
635
699
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
187,521
314,146
Taxes and social security
57,526
77,797
Loans from directors
608,480
-
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).