IRIS Accounts Production v24.1.0.578 05238622 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh052386222023-03-31052386222024-03-31052386222023-04-012024-03-31052386222022-03-31052386222022-04-012023-03-31052386222023-03-3105238622ns15:EnglandWales2023-04-012024-03-3105238622ns14:PoundSterling2023-04-012024-03-3105238622ns10:Director12023-04-012024-03-3105238622ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3105238622ns10:SmallEntities2023-04-012024-03-3105238622ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3105238622ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3105238622ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105238622ns10:FullAccounts2023-04-012024-03-3105238622ns10:OrdinaryShareClass12023-04-012024-03-3105238622ns10:RegisteredOffice2023-04-012024-03-3105238622ns5:CurrentFinancialInstruments2024-03-3105238622ns5:CurrentFinancialInstruments2023-03-3105238622ns5:ShareCapital2024-03-3105238622ns5:ShareCapital2023-03-3105238622ns5:RetainedEarningsAccumulatedLosses2024-03-3105238622ns5:RetainedEarningsAccumulatedLosses2023-03-3105238622ns5:FurnitureFittings2023-04-012024-03-3105238622ns5:ComputerEquipment2023-04-012024-03-3105238622ns5:LandBuildings2023-03-3105238622ns5:FurnitureFittings2023-03-3105238622ns5:ComputerEquipment2023-03-3105238622ns5:LandBuildings2023-04-012024-03-3105238622ns5:LandBuildings2024-03-3105238622ns5:FurnitureFittings2024-03-3105238622ns5:ComputerEquipment2024-03-3105238622ns5:LandBuildings2023-03-3105238622ns5:FurnitureFittings2023-03-3105238622ns5:ComputerEquipment2023-03-3105238622ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 05238622 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

RED SHOES (LONDON) LIMITED

RED SHOES (LONDON) LIMITED (REGISTERED NUMBER: 05238622)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


RED SHOES (LONDON) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Ms C J Dahill





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 05238622 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

RED SHOES (LONDON) LIMITED (REGISTERED NUMBER: 05238622)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 361,239 361,505

CURRENT ASSETS
Stocks 5 117,772 117,772
Cash at bank 81,672 109,240
199,444 227,012
CREDITORS
Amounts falling due within one year 6 152,914 160,916
NET CURRENT ASSETS 46,530 66,096
TOTAL ASSETS LESS CURRENT
LIABILITIES

407,769

427,601

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 407,669 427,501
SHAREHOLDERS' FUNDS 407,769 427,601

RED SHOES (LONDON) LIMITED (REGISTERED NUMBER: 05238622)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2024


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 director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2024 and were signed by:





Ms C J Dahill - Director


RED SHOES (LONDON) LIMITED (REGISTERED NUMBER: 05238622)

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


1. STATUTORY INFORMATION

Red Shoes (London) 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.

SIGNIFICANT JUDGEMENTS AND ESTIMATES
In preparing the financial statements, management were not required to make any estimates or judgements which materially affect reported income, expenses, assets, liabilities or disclosure of contingent assets and liabilities.

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.
Fixtures and fittings - 15% 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 statement of financial position date.

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.

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 3 (2023 - 3 ) .

RED SHOES (LONDON) LIMITED (REGISTERED NUMBER: 05238622)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
Cost
At 1 April 2023 359,308 914 5,696 365,918
Additions - 386 - 386
At 31 March 2024 359,308 1,300 5,696 366,304
Depreciation
At 1 April 2023 - 475 3,938 4,413
Charge for year - 71 581 652
At 31 March 2024 - 546 4,519 5,065
Net book value
At 31 March 2024 359,308 754 1,177 361,239
At 31 March 2023 359,308 439 1,758 361,505

5. STOCKS
2024 2023
£    £   
Work-in-progress 117,772 117,772

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 152,914 160,916

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100