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REGISTERED NUMBER: 06574910 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

RED CENTRAL HOLDING LIMITED

RED CENTRAL HOLDING LIMITED (REGISTERED NUMBER: 06574910)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RED CENTRAL HOLDING LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2024







DIRECTORS: M L Iserman
S R Pearce
G J Swann





SECRETARY: G J Swann





REGISTERED OFFICE: The Barn
Church Farm Business Park
Corston
Bath
BA2 9AP





REGISTERED NUMBER: 06574910 (England and Wales)





ACCOUNTANTS: Kingscott Dix (Cheltenham) Limited
7 Rockfield Business Park
Old Station Drive
Leckhampton
Cheltenham
GL53 0AN

RED CENTRAL HOLDING LIMITED (REGISTERED NUMBER: 06574910)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,726,594 1,602,234

CURRENT ASSETS
Debtors 5 97,074 97,124
Cash at bank 153,132 148,556
250,206 245,680
CREDITORS
Amounts falling due within one year 6 91,216 90,601
NET CURRENT ASSETS 158,990 155,079
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,885,584

1,757,313

PROVISIONS FOR LIABILITIES 7 23,832 9,058
NET ASSETS 1,861,752 1,748,255

CAPITAL AND RESERVES
Called up share capital 8 780 780
Share premium 9 85,654 85,654
Capital redemption reserve 9 171 171
Retained earnings 9 1,775,147 1,661,650
SHAREHOLDERS' FUNDS 1,861,752 1,748,255

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 CENTRAL HOLDING LIMITED (REGISTERED NUMBER: 06574910)

BALANCE SHEET - continued
30 September 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2025 and were signed on its behalf by:




M L Iserman - Director S R Pearce - Director




G J Swann - Director


RED CENTRAL HOLDING LIMITED (REGISTERED NUMBER: 06574910)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Red Central Holding 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Significant judgements and estimates
Other investments are recognised at fair value based on the quoted market price at the balance sheet date.

Deferred tax is recognised on the revaluation of other investments at the balance sheet date.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

RED CENTRAL HOLDING LIMITED (REGISTERED NUMBER: 06574910)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024

4. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 October 2023 431,761 1,170,472 1,602,233
Additions - 624,061 624,061
Disposals - (625,131 ) (625,131 )
Revaluations - 125,431 125,431
At 30 September 2024 431,761 1,294,833 1,726,594
NET BOOK VALUE
At 30 September 2024 431,761 1,294,833 1,726,594
At 30 September 2023 431,761 1,170,472 1,602,233

The historic cost of listed investments at the year end was £1,041,523 (2023 £1,042,593).

Accumulated unrealised gains on listed investments at the year end were £253,310 (2023 £127,879).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 74,121 74,171
Tax 22,953 22,953
97,074 97,124

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 90,001 90,001
Accrued expenses 1,215 600
91,216 90,601

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 23,832 9,058

Deferred
tax
£   
Balance at 1 October 2023 9,058
Provided during year 14,774
Balance at 30 September 2024 23,832

RED CENTRAL HOLDING LIMITED (REGISTERED NUMBER: 06574910)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
780 Ordinary £1 780 780

9. RESERVES

Retained earnings is comprised of accumulated profits/(losses) plus other comprehensive income less dividends.

At the year end this reserve included £253,310 (2023 £127,879) which is not distributable as it relates to unrealised gains/(losses) on the revaluation of investments.