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REGISTERED NUMBER: 03956517 (England and Wales)












REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

REDCAT SOLUTIONS LIMITED

REDCAT SOLUTIONS LIMITED (REGISTERED NUMBER: 03956517)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


REDCAT SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTORS: A Alfieri
Mrs V C G Alfieri





SECRETARY: Mrs V C G Alfieri





REGISTERED OFFICE: Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP





REGISTERED NUMBER: 03956517 (England and Wales)





ACCOUNTANTS: Cook & Partners Limited
Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

REDCAT SOLUTIONS LIMITED (REGISTERED NUMBER: 03956517)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31ST DECEMBER 2024

The directors present their report with the financial statements of the company for the year ended 31st December 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1st January 2024 to the date of this report.

A Alfieri
Mrs V C G Alfieri

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





A Alfieri - Director


26th March 2025

REDCAT SOLUTIONS LIMITED (REGISTERED NUMBER: 03956517)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 83,329 110,183

CURRENT ASSETS
Debtors 5 793,566 1,002,273
Cash at bank 276,641 361,162
1,070,207 1,363,435
CREDITORS
Amounts falling due within one year 6 487,036 609,778
NET CURRENT ASSETS 583,171 753,657
TOTAL ASSETS LESS CURRENT
LIABILITIES

666,500

863,840

PROVISIONS FOR LIABILITIES 15,833 3,125
NET ASSETS 650,667 860,715

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 650,566 860,614
SHAREHOLDERS' FUNDS 650,667 860,715

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

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

REDCAT SOLUTIONS LIMITED (REGISTERED NUMBER: 03956517)

BALANCE SHEET - continued
31ST DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26th March 2025 and were signed on its behalf by:





A Alfieri - Director


REDCAT SOLUTIONS LIMITED (REGISTERED NUMBER: 03956517)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

Redcat Solutions 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.

2. ACCOUNTING POLICIES

Accounting convention
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.

Going Concern Justification

The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31st December 2024 have been prepared using the going concern basis of accounting.

Revenue
Revenue - Described as turnover - is the value of work (net of VAT) performed during the year with respect to services once completed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance
Motor Vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs
The company operates a defined contribution scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension costs charge represents contributions payable for the period by the company to the fund.

REDCAT SOLUTIONS LIMITED (REGISTERED NUMBER: 03956517)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 64 (2023 - 67 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Office and Motor Computer
equipment fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st January 2024 13,473 21,346 101,470 68,908 205,197
Additions - - - 805 805
At 31st December 2024 13,473 21,346 101,470 69,713 206,002
DEPRECIATION
At 1st January 2024 5,353 13,179 24,725 51,757 95,014
Charge for year 2,030 2,042 19,186 4,401 27,659
At 31st December 2024 7,383 15,221 43,911 56,158 122,673
NET BOOK VALUE
At 31st December 2024 6,090 6,125 57,559 13,555 83,329
At 31st December 2023 8,120 8,167 76,745 17,151 110,183

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 649,732 659,248
Other debtors 11,421 11,421
Tax - 35,222
Prepayments and accrued income 89,039 232,749
Prepayments 43,374 63,633
793,566 1,002,273

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 69,849
Trade creditors 160,846 270,353
Corporation tax (38 ) -
Social security and other taxes 52,478 57,504
VAT 146,217 100,597
Other creditors 7,729 23,752
Accrued expenses 119,804 87,723
487,036 609,778

7. ULTIMATE CONTROLLING PARTY



The directors consider that Mr A Alfieri, by virtue of his ownership of the majority of the company's ordinary share capital, owns and control the company.