08716953falseFinancial Planning2023-10-012024-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-10-012024-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-09-30http://www.companieshouse.gov.uk/cd:Director12023-10-012024-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-10-012024-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-09-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-10-012024-09-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-10-012024-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-09-30http://www.companieshouse.gov.uk/2023-10-012024-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:FRS1022023-10-012024-09-30http://www.companieshouse.gov.uk/2024-09-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-10-012024-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2023-09-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-10-012024-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2024-09-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08716953

Red Circle Financial Planning Ltd

ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

Prepared By:
Brieley Grimsdell Falconer Ltd
Chartered Tax Advisers and Accountants
The Surgery
14 Regent Street
Kimberley
Nottinghamshire
NG16 2LW

Red Circle Financial Planning Ltd

ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
DIRECTORS
Mr D Cooke
SECRETARY
Mrs M Cooke
REGISTERED OFFICE
111 Market Street
Alfreton
South Normanton
Derbys
DE55 2AA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08716953
BANKERS
HSBC
ACCOUNTANTS
Brieley Grimsdell Falconer Ltd
Chartered Tax Advisers and Accountants
The Surgery
14 Regent Street
Kimberley
Nottinghamshire
NG16 2LW

Red Circle Financial Planning Ltd

ACCOUNTS
FOR THEYEARENDED30 SEPTEMBER 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Red Circle Financial Planning Ltd

BALANCE SHEET AT 30 September 2024
20242023
Notes££
FIXED ASSETS
Tangible assets3200,218192,259
CURRENT ASSETS
Debtors411,58019,004
Cash at bank and in hand190,509191,064
202,089210,068
CREDITORS: Amounts falling due within one year559,40048,853
NET CURRENT ASSETS142,689161,215
TOTAL ASSETS LESS CURRENT LIABILITIES342,907353,474
CREDITORS: Amounts falling due after more than one year6-65,299
PROVISIONS FOR LIABILITIES AND CHARGES73,8252,122
NET ASSETS339,082286,053
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account338,982285,953
SHAREHOLDERS' FUNDS339,082286,053
For the year ending 30 September 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 2 November 2024 and signed on their behalf by
.............................
Mr D Cooke
Director

Red Circle Financial Planning Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsstraight line 20%
Equipmentstraight line 33%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20242023
No.No.
Average number of employees53

Red Circle Financial Planning Ltd

3. TANGIBLE FIXED ASSETS
Land AndFixtures
Buildingsand FittingsEquipmentTotal
££££
Cost
At 1 October 2023181,0919,12926,695216,915
Additions-11,8825,14517,027
Disposals--(4,305)(4,305)
At 30 September 2024181,09121,01127,535229,637
Depreciation
At 1 October 2023-1,82622,83024,656
Disposals--(2,755)(2,755)
For the year-4,2023,3167,518
At 30 September 2024-6,02823,39129,419
Net Book Amounts
At 30 September 2024181,09114,9834,144200,218
At 30 September 2023181,0917,3033,865192,259
4. DEBTORS 20242023
££
Amounts falling due within one year
Prepayments11,58019,004
11,58019,004
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax56,92047,005
PAYE control1,535925
Directors current account1529
Accruals930894
59,40048,853

Red Circle Financial Planning Ltd

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (secured) >1yr-65,299
-65,299
7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation3,8252,122
3,8252,122
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Class 1 shares of £1 each100100
100100
9. RELATED PARTY TRANSACTIONS
During the year dividends of £61,000 (2023: £52,500) were paid to the director, Mr D Cooke.