IRIS Accounts Production v24.1.4.33 09004227 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090042272023-03-31090042272024-03-31090042272023-04-012024-03-31090042272022-03-31090042272022-04-012023-03-31090042272023-03-3109004227ns15:EnglandWales2023-04-012024-03-3109004227ns14:PoundSterling2023-04-012024-03-3109004227ns10:Director12023-04-012024-03-3109004227ns10:Director22023-04-012024-03-3109004227ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109004227ns10:SmallEntities2023-04-012024-03-3109004227ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3109004227ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109004227ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109004227ns10:FullAccounts2023-04-012024-03-3109004227ns10:OrdinaryShareClass12023-04-012024-03-3109004227ns10:OrdinaryShareClass22023-04-012024-03-3109004227ns10:RegisteredOffice2023-04-012024-03-3109004227ns5:CurrentFinancialInstruments2024-03-3109004227ns5:CurrentFinancialInstruments2023-03-3109004227ns5:ShareCapital2024-03-3109004227ns5:ShareCapital2023-03-3109004227ns5:RetainedEarningsAccumulatedLosses2024-03-3109004227ns5:RetainedEarningsAccumulatedLosses2023-03-3109004227ns5:PlantMachinery2023-04-012024-03-3109004227ns5:ComputerEquipment2023-04-012024-03-3109004227ns5:PlantMachinery2023-03-3109004227ns5:PlantMachinery2024-03-3109004227ns5:PlantMachinery2023-03-3109004227ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3109004227ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3109004227ns10:OrdinaryShareClass12024-03-3109004227ns10:OrdinaryShareClass22024-03-31
REGISTERED NUMBER: 09004227 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

RED BOX CONTRACTS LIMITED

RED BOX CONTRACTS LIMITED (REGISTERED NUMBER: 09004227)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RED BOX CONTRACTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: B Jackson
H Jackson





REGISTERED OFFICE: 8 Brakespear Close
Durham
DH1 4BF





REGISTERED NUMBER: 09004227 (England and Wales)





ACCOUNTANTS: RMT Ribchesters
Accountants and Business Advisors
Finchale House
Belmont Business Park
Durham
DH1 1TW

RED BOX CONTRACTS LIMITED (REGISTERED NUMBER: 09004227)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,749 11,931

CURRENT ASSETS
Debtors 5 129,541 59,361
Cash at bank 130,892 191,225
260,433 250,586
CREDITORS
Amounts falling due within one year 6 246,253 228,847
NET CURRENT ASSETS 14,180 21,739
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,929

33,670

PROVISIONS FOR LIABILITIES 2,187 2,983
NET ASSETS 20,742 30,687

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 20,642 30,587
SHAREHOLDERS' FUNDS 20,742 30,687

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

RED BOX CONTRACTS LIMITED (REGISTERED NUMBER: 09004227)

BALANCE SHEET - continued
31 MARCH 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2024 and were signed on its behalf by:




B Jackson - Director



H Jackson - Director


RED BOX CONTRACTS LIMITED (REGISTERED NUMBER: 09004227)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Red Box Contracts 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 derives from income generated from the principal activity of the company. The income from this turnover, which is represented net of VAT, is recognised as contracts progress and as the company becomes entitled to it.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

RED BOX CONTRACTS LIMITED (REGISTERED NUMBER: 09004227)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 18,133
DEPRECIATION
At 1 April 2023 6,202
Charge for year 3,182
At 31 March 2024 9,384
NET BOOK VALUE
At 31 March 2024 8,749
At 31 March 2023 11,931

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 129,282 59,119
Other debtors 259 242
129,541 59,361

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 39,332 17,948
Taxation and social security 95,203 73,714
Other creditors 111,718 137,185
246,253 228,847

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
75 Ordinary A £1 100 75
25 Ordinary B £1 - 25
100 100

8. RELATED PARTY DISCLOSURES

At the balance sheet date the directors collectively maintained an interest free loan to the company of £109,020 (2023: £134,520).