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Company Registration No. 08786642 (England and Wales)
Red Jelli Technology Limited Unaudited accounts for the year ended 31 March 2024
Red Jelli Technology Limited Unaudited accounts Contents
Page
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Red Jelli Technology Limited Company Information for the year ended 31 March 2024
Directors
David Phipps Jason Congerton
Company Number
08786642 (England and Wales)
Registered Office
Denmark House 143 High Street Chalfont St Peter Bucks SL9 9QL United Kingdom
Accountants
Lane Accounting Limited Denmark House, 143 High St, Chalfont St Peter, Gerrards Cross Buckinghamshire SL9 9QL
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Red Jelli Technology Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,831 
4,518 
Current assets
Debtors
33,596 
30,409 
Cash at bank and in hand
37,514 
27,174 
71,110 
57,583 
Creditors: amounts falling due within one year
(52,271)
(47,969)
Net current assets
18,839 
9,614 
Total assets less current liabilities
23,670 
14,132 
Creditors: amounts falling due after more than one year
(4,629)
(8,538)
Provisions for liabilities
Deferred tax
(1,207)
(858)
Net assets
17,834 
4,736 
Capital and reserves
Called up share capital
90 
90 
Profit and loss account
17,744 
4,646 
Shareholders' funds
17,834 
4,736 
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 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 12 June 2024 and were signed on its behalf by
Jason Congerton Director Company Registration No. 08786642
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Red Jelli Technology Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Red Jelli Technology Limited is a private company, limited by shares, registered in England and Wales, registration number 08786642. The registered office is Denmark House, 143 High Street, Chalfont St Peter, Bucks, SL9 9QL, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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:
Computer equipment
15% per annum reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Red Jelli Technology Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2023
8,174 
Additions
1,165 
At 31 March 2024
9,339 
Depreciation
At 1 April 2023
3,656 
Charge for the year
852 
At 31 March 2024
4,508 
Net book value
At 31 March 2024
4,831 
At 31 March 2023
4,518 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,239 
30,020 
Accrued income and prepayments
389 
389 
Other debtors
12,968 
- 
33,596 
30,409 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,183 
4,183 
VAT
10,846 
12,566 
Trade creditors
3,655 
6,873 
Taxes and social security
32,223 
22,899 
Loans from directors
30 
133 
Accruals
1,334 
1,315 
52,271 
47,969 
Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £4,183 (2023 - £4,183). The bank loans and overdrafts are secured by a fixed and floating charge over the company's assets. The finance leases are secured on the assets concerned.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,629 
8,538 
Creditors include bank loans and net obligations under finance lease and hire purchase contracts which are secured of £4,629 (2023 - £8,538). The bank loans are secured by a fixed and floating charge over the company's assets. The finance leases are secured on the assets concerned.
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Red Jelli Technology Limited Notes to the Accounts for the year ended 31 March 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
90 Ordinary shares of £1 each
90 
90 
9
Loans to directors
At the 31st March 2024 the directors owe the company £12,940. This is an interest-free loan repayable on demand.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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