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REGISTERED NUMBER: 09428436 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Redshank Online Ltd

Redshank Online Ltd (Registered number: 09428436)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Redshank Online Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: P M Donnelly
The Redshank Group Ltd





REGISTERED OFFICE: 3 Palmerston Mansions
Palmerston Road
Southsea
Hampshire
PO5 3QJ





REGISTERED NUMBER: 09428436 (England and Wales)





ACCOUNTANTS: Ency Associates
Chartered Certified Accountants
Printware Court
Cumberland Business Centre
Northumberland Road
Portsmouth
Hampshire
PO5 1DS

Redshank Online Ltd (Registered number: 09428436)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £   
CURRENT ASSETS
Debtors 4 21,010 266,296
Cash at bank 386 471
21,396 266,767
CREDITORS
Amounts falling due within one year 5 19,264 264,637
NET CURRENT ASSETS 2,132 2,130
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,132

2,130

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 2,030 2,028
SHAREHOLDERS' FUNDS 2,132 2,130

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Redshank Online Ltd (Registered number: 09428436)

Balance Sheet - continued
31 August 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 18 December 2024 and were signed on its behalf by:





The Redshank Group Ltd - Director


Redshank Online Ltd (Registered number: 09428436)

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

1. STATUTORY INFORMATION

Redshank Online Ltd 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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

Redshank Online Ltd (Registered number: 09428436)

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

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Amounts owed by group undertakings 20,652 265,938
Other debtors 358 358
21,010 266,296

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors - 419
Amounts owed to group undertakings - 248,940
Taxation and social security 17,340 12,328
Other creditors 1,924 2,950
19,264 264,637

6. RELATED PARTY DISCLOSURES

P M Donnelly
Director


31.8.24 31.8.23
£    £   
Amount due to related party at the balance sheet date - 120

The Redshank Group Ltd

Parent company


31.8.24 31.8.23
£    £   
Amount due from related party at the balance sheet date 20,652 265,938

Redshank Online Ltd (Registered number: 09428436)

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

6. RELATED PARTY DISCLOSURES - continued

Redshank IT Services Ltd

Associated company


31.8.24 31.8.23
£    £   
Amount due to related party at the balance sheet date - 104,601

Redshank Large Format Limited

Associated company


31.8.24 31.8.23
£    £   
Amount due to related party at the balance sheet date - 77,965

Redshank Office Supplies Limited


31.8.24 31.8.23
£    £   
Amount due to related party at the balance sheet date - 66,374

7. ULTIMATE CONTROLLING PARTY

The controlling party is T M Carlton-King.