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REGISTERED NUMBER: 13393796 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

RED ENCRYPT LIMITED

RED ENCRYPT LIMITED (REGISTERED NUMBER: 13393796)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RED ENCRYPT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: N D Murarasu





SECRETARY:





REGISTERED OFFICE: 11 South Lane
New Malden
Surrey
KT3 5HU





REGISTERED NUMBER: 13393796 (England and Wales)





ACCOUNTANTS: Elmes & English
Chartered Accountants
Elm House
75a Walkern Road
Stevenage
Hertfordshire
SG1 3RB

RED ENCRYPT LIMITED (REGISTERED NUMBER: 13393796)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 105,755 79,012

CURRENT ASSETS
Cash at bank 9,547 8,939

CREDITORS
Amounts falling due within one year 5 3,737 3,978
NET CURRENT ASSETS 5,810 4,961
TOTAL ASSETS LESS CURRENT
LIABILITIES

111,565

83,973

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 111,564 83,972
111,565 83,973

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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 6 October 2024 and were signed by:





N D Murarasu - Director


RED ENCRYPT LIMITED (REGISTERED NUMBER: 13393796)

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

1. STATUTORY INFORMATION

Red Encrypt 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 as modified by the revaluation of certain assets.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

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

RED ENCRYPT LIMITED (REGISTERED NUMBER: 13393796)

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

4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 June 2023 1 79,011 79,012
Revaluations - 26,743 26,743
At 31 May 2024 1 105,754 105,755
NET BOOK VALUE
At 31 May 2024 1 105,754 105,755
At 31 May 2023 1 79,011 79,012

Cost or valuation at 31 May 2024 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 0 - (38,531 ) (38,531 )
Valuation in 0 - 6,042 6,042
Valuation in 0 - 26,743 26,743
Cost 1 111,500 111,501
1 105,754 105,755

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1
Other creditors 3,737 3,977
3,737 3,978