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REGISTERED NUMBER: 07846874 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Red Barracuda Holdings Limited

Red Barracuda Holdings Limited (Registered number: 07846874)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Red Barracuda Holdings Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: M Hawkins





REGISTERED OFFICE: Smart House
C2 Windsor Place
Faraday Road
Crawley
West Sussex
RH10 9TF





REGISTERED NUMBER: 07846874 (England and Wales)





ACCOUNTANTS: AM-PM Accounting Solutions Limited
Building 6000
Langstone Technology Park
Langstone Road
Havant
Hampshire
PO9 1SA

Red Barracuda Holdings Limited (Registered number: 07846874)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 470,000 470,000
Investments 5 100 100
470,100 470,100

CURRENT ASSETS
Debtors 6 602,152 57,403
Cash at bank 2,565 13,134
604,717 70,537
CREDITORS
Amounts falling due within one year 7 499,087 105,837
NET CURRENT ASSETS/(LIABILITIES) 105,630 (35,300 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

575,730

434,800

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 575,630 434,700
SHAREHOLDERS' FUNDS 575,730 434,800

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2024 and were signed by:




M Hawkins - Director


Red Barracuda Holdings Limited (Registered number: 07846874)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Red Barracuda Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 January 2023
and 31 December 2023 470,000
NET BOOK VALUE
At 31 December 2023 470,000
At 31 December 2022 470,000

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 100
NET BOOK VALUE
At 31 December 2023 100
At 31 December 2022 100

Red Barracuda Holdings Limited (Registered number: 07846874)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. FIXED ASSET INVESTMENTS - continued

There was a valuation of the Freehold Property carried out in July 2020 by the bank. The property was valued at £470,000.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 5,097 10,297
Other debtors 597,055 47,106
602,152 57,403

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 1 -
Amounts owed to group undertakings 490,422 101,473
Taxation and social security 7,879 3,614
Other creditors 785 750
499,087 105,837

8. FINANCIAL INSTRUMENTS

A charge was registered at Companies House on 30 September 2020. The charge is on the leasehold property of the company at the company's registered office

The person entitled to this charge is Aib Group (UK) Limited.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
M Hawkins
Balance outstanding at start of year 47,105 (36,919 )
Amounts advanced - 182,290
Amounts repaid - (98,266 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 47,105

10. ULTIMATE CONTROLLING PARTY

The controlling party is M Hawkins.

The ultimate controlling party is Mr M Hawkins, by virtue of his ownership of 100% of the voting share capital.