Acorah Software Products - Accounts Production 16.1.300 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 7432081 Mr Stuart Reid Mrs Sarah Reid Mrs Sarah Reid iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 7432081 2023-11-30 7432081 2024-11-30 7432081 2023-12-01 2024-11-30 7432081 frs-core:CurrentFinancialInstruments 2024-11-30 7432081 frs-core:ComputerEquipment 2024-11-30 7432081 frs-core:ComputerEquipment 2023-12-01 2024-11-30 7432081 frs-core:ComputerEquipment 2023-11-30 7432081 frs-core:MotorVehicles 2024-11-30 7432081 frs-core:MotorVehicles 2023-12-01 2024-11-30 7432081 frs-core:MotorVehicles 2023-11-30 7432081 frs-core:ShareCapital 2024-11-30 7432081 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 7432081 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 7432081 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 7432081 frs-bus:SmallEntities 2023-12-01 2024-11-30 7432081 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 7432081 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 7432081 frs-bus:Director1 2023-12-01 2024-11-30 7432081 frs-bus:Director2 2023-12-01 2024-11-30 7432081 frs-bus:CompanySecretary1 2023-12-01 2024-11-30 7432081 frs-countries:EnglandWales 2023-12-01 2024-11-30 7432081 2022-11-30 7432081 2023-11-30 7432081 2022-12-01 2023-11-30 7432081 frs-core:CurrentFinancialInstruments 2023-11-30 7432081 frs-core:ShareCapital 2023-11-30 7432081 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 7432081
Red Energy Solutions Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 7432081
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 725 22,751
725 22,751
CURRENT ASSETS
Debtors 6 2,608 1,433
Cash at bank and in hand 9,001 60,885
11,609 62,318
Creditors: Amounts Falling Due Within One Year 7 (4,830 ) (18,004 )
NET CURRENT ASSETS (LIABILITIES) 6,779 44,314
TOTAL ASSETS LESS CURRENT LIABILITIES 7,504 67,065
PROVISIONS FOR LIABILITIES
Deferred Taxation (138 ) (5,688 )
NET ASSETS 7,366 61,377
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 7,266 61,277
SHAREHOLDERS' FUNDS 7,366 61,377
Page 1
Page 2
For the year ending 30 November 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Stuart Reid
Director
13/03/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Red Energy Solutions Ltd Registered number 7432081 is a company limited by shares incorporated in England & Wales. The Registered Office is 4 Clover Field, Clayton le Woods, Chorley, Preston, PR6 7RP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historic cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% Reducing Balance
Computer Equipment 33% Straight Line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2.5. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The Company's liability for current tax is calculated using tax rates that have been enacted or substantially enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 1 1
2 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 December 2023 39,410 1,168 40,578
Additions - 912 912
Disposals (39,410 ) (1,168 ) (40,578 )
As at 30 November 2024 - 912 912
Depreciation
As at 1 December 2023 17,243 584 17,827
Provided during the period 4,159 260 4,419
Disposals (21,402 ) (657 ) (22,059 )
As at 30 November 2024 - 187 187
Net Book Value
As at 30 November 2024 - 725 725
As at 1 December 2023 22,167 584 22,751
5. Stocks
2024 2023
£ £
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 360
Prepayments and accrued income 569 1,073
VAT 2,039 -
2,608 1,433
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 82 48
Corporation tax - 15,929
Other taxes and social security - 56
VAT - 81
Accruals and deferred income 1,750 1,700
Directors' loan accounts 2,998 190
4,830 18,004
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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