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REGISTERED NUMBER: 11798898 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Red 4 Investments Limited

Red 4 Investments Limited (Registered number: 11798898)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Red 4 Investments Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: M O'Donnell
D A Graham





REGISTERED OFFICE: Eshton Suite 2
Wynyard Business Park
Wynyard Avenue
BIllingham
Cleveland
TS22 5TB





REGISTERED NUMBER: 11798898 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Wynyard Business Park
Wynyard Avenue
Billingham
Cleveland
TS22 5TB

Red 4 Investments Limited (Registered number: 11798898)

Balance Sheet
31 January 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 3 232,513 248,623

CURRENT ASSETS
Debtors 4 - 630
Cash at bank 7,930 9,215
7,930 9,845
CREDITORS
Amounts falling due within one year 5 (172,649 ) (205,009 )
NET CURRENT LIABILITIES (164,719 ) (195,164 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,794

53,459

PROVISIONS FOR LIABILITIES (7,330 ) (8,461 )
NET ASSETS 60,464 44,998

CAPITAL AND RESERVES
Called up share capital 10 10
Revaluation reserve 6 31,247 36,069
Retained earnings 29,207 8,919
60,464 44,998

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 4 Investments Limited (Registered number: 11798898)

Balance Sheet - continued
31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:





M O'Donnell - Director


Red 4 Investments Limited (Registered number: 11798898)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. 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.

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

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.

2. EMPLOYEES AND DIRECTORS

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

Red 4 Investments Limited (Registered number: 11798898)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

3. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST OR VALUATION
At 1 February 2023 248,623
Disposals (10,157 )
Revaluations (5,953 )
At 31 January 2024 232,513
NET BOOK VALUE
At 31 January 2024 232,513
At 31 January 2023 248,623

Cost or valuation at 31 January 2024 is represented by:

Freehold
property
£   
Valuation in 2022 45,907
Valuation in 2023 (1,377 )
Valuation in 2024 (5,953 )
Cost 193,936
232,513

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 630

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 4,740 1,024
Directors' current accounts 165,165 201,815
Accruals and deferred income 2,066 1,490
Accrued expenses 678 680
172,649 205,009

Red 4 Investments Limited (Registered number: 11798898)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. RESERVES
Revaluation
reserve
£   
At 1 February 2023 36,069
Revaluation of tangible assets (4,822 )

At 31 January 2024 31,247