2023-07-01 08100635 2024-06-30 08100635 2023-07-01 2024-06-30 08100635 2023-06-30 08100635 2022-07-01 2023-06-30 08100635 uk-core:WithinOneYear 2023-06-30 08100635 uk-core:WithinOneYear 2024-06-30 08100635 uk-core:ShareCapital 2024-06-30 08100635 uk-core:ShareCapital 2023-06-30 08100635 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 08100635 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 08100635 uk-bus:Director1 2023-07-01 2024-06-30 08100635 uk-core:ComputerEquipment 2023-07-01 2024-06-30 08100635 uk-core:MotorCars 2023-07-01 2024-06-30 08100635 uk-core:FurnitureFittings 2023-07-01 2024-06-30 08100635 uk-core:ComputerEquipment 2023-06-30 08100635 uk-core:FurnitureFittings 2023-06-30 08100635 uk-core:MotorCars 2023-06-30 08100635 uk-core:MotorCars 2024-06-30 08100635 uk-core:FurnitureFittings 2024-06-30 08100635 uk-core:ComputerEquipment 2024-06-30 iso4217:GBP xbrli:pure 08100635 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 08100635 uk-bus:FRS102 2023-07-01 2024-06-30 08100635 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 08100635 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Red Opal Limited
Registered Number:08100635
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
Red Opal Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08100635
As at 30 June 2024
Red Opal Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
16,535
32,966
2
16,535
32,966
Current assets
Trade and other receivables
2,625
20,788
3
105,021
Cash and cash equivalents
77,225
98,013
107,646
Trade and other payables: amounts falling due within one
year
(32,484)
(20,391)
4
75,162
77,622
Net current assets
Total assets less current liabilities
94,157
108,128
(3,142)
(9,421)
Provisions for liabilities
91,015
Net assets
98,707
Capital and reserves
Called up share capital
200
200
Retained earnings
90,815
98,507
91,015
98,707
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Mark Dernie Director
These financial statements were approved and authorised for issue by the Board on 21 August 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2024
Red Opal Limited
Notes to the Financial Statements
Statutory Information
Red Opal Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
08100635.
Registered address:
2 School Farm Court Walnut Tree Lane
Bradwall
Sandbach
Cheshire
CW11 1RH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Reducing balance
Computer Equipment
20% Straight line
Motor Vehicles
20% Straight line
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the year ended 30 June 2024
Red Opal Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor
Vehicles
£
£
£
£
Cost or
valuation
At 01 July 2023
121,120
6,834
10,370
103,916
-
-
(30,936)
Disposals
(30,936)
At 30 June 2024
72,980
10,370
6,834
90,184
Provision for depreciation and impairment
At 01 July 2023
88,154
5,709
7,721
74,724
Charge for year
16,431
375
1,460
14,596
(30,936)
-
-
(30,936)
On disposal
At 30 June 2024
73,649
6,084
9,181
58,384
At 30 June 2024
Net book value
14,596
1,189
750
16,535
At 30 June 2023
29,192
2,649
1,125
32,966
3. Trade and other receivables
2023
2024
£
£
Other debtors
20,788
2,625
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
19,592
31,200
Other creditors
799
1,284
20,391
32,484
5. Average number of persons employed
During the year the average number of employees was 2 (2023 : 4)
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