Company Registration No. 06903367 (England and Wales)
RED LET MANAGEMENT LIMITED
Unaudited accounts
for the year ended 31 May 2024
RED LET MANAGEMENT LIMITED
Unaudited accounts
Contents
RED LET MANAGEMENT LIMITED
Company Information
for the year ended 31 May 2024
Directors
Mr S R Moore
Mrs K L Moore
Company Number
06903367 (England and Wales)
Registered Office
UNIT 4 LINCOLN STREET
ST ANDREWS RD ASPLEY
HUDDERSFIELD
HD1 6RX
Accountants
Simpson Accounting Services
38 Kellington Lane
Eggborough
North Yorkshire
DN14 0LB
RED LET MANAGEMENT LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
81,607
84,702
Cash at bank and in hand
81,223
44,213
Creditors: amounts falling due within one year
(96,310)
(69,724)
Net current liabilities
(4,478)
(20,013)
Called up share capital
5,000
5,000
Profit and loss account
72,129
59,689
Shareholders' funds
77,129
64,689
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 February 2025 and were signed on its behalf by
Mr S R Moore
Director
Company Registration No. 06903367
RED LET MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 May 2024
RED LET MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06903367. The registered office is UNIT 4 LINCOLN STREET, ST ANDREWS RD ASPLEY, HUDDERSFIELD, HD1 6RX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
1.11% Straight Line
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2023
68,942
72,198
14,551
1,239
156,930
At 31 May 2024
68,942
72,638
14,551
1,239
157,370
At 1 June 2023
1,532
58,661
11,041
994
72,228
Charge for the year
766
2,030
702
37
3,535
At 31 May 2024
2,298
60,691
11,743
1,031
75,763
At 31 May 2024
66,644
11,947
2,808
208
81,607
At 31 May 2023
67,410
13,537
3,510
245
84,702
RED LET MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
10,609
5,498
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
13,183
6,773
Loans from directors
59,564
47,824
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
47,824
-
-
47,824
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Average number of employees
During the year the average number of employees was 2 (2023: 2).