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REGISTERED NUMBER: 10319461 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024

FOR

RED OAK HOLDING LIMITED

RED OAK HOLDING LIMITED (REGISTERED NUMBER: 10319461)






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 OAK HOLDING LIMITED

COMPANY INFORMATION
for the year ended 30 September 2024







DIRECTOR: K L Nemeth





REGISTERED OFFICE: 71-75, Shelton Street
London
WC2H 9JQ





REGISTERED NUMBER: 10319461 (England and Wales)





ACCOUNTANTS: the dt group
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

RED OAK HOLDING LIMITED (REGISTERED NUMBER: 10319461)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 9,250 11,100
Tangible assets 5 40,096 67,765
49,346 78,865

CURRENT ASSETS
Debtors 6 134,596 63,148
Cash at bank 63,639 55,508
198,235 118,656
CREDITORS
Amounts falling due within one year 7 490,997 439,887
NET CURRENT LIABILITIES (292,762 ) (321,231 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(243,416

)

(242,366

)

CREDITORS
Amounts falling due after more than one
year

8

27,642

82,225
NET LIABILITIES (271,058 ) (324,591 )

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings (273,058 ) (326,591 )
(271,058 ) (324,591 )

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 director acknowledges his 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 OAK HOLDING LIMITED (REGISTERED NUMBER: 10319461)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 April 2025 and were signed by:





K L Nemeth - Director


RED OAK HOLDING LIMITED (REGISTERED NUMBER: 10319461)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Red Oak 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.

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

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% straight line basis

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.

RED OAK HOLDING LIMITED (REGISTERED NUMBER: 10319461)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

2. ACCOUNTING POLICIES - continued

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 18,500
AMORTISATION
At 1 October 2023 7,400
Charge for year 1,850
At 30 September 2024 9,250
NET BOOK VALUE
At 30 September 2024 9,250
At 30 September 2023 11,100

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 142,846
DEPRECIATION
At 1 October 2023 75,081
Charge for year 27,669
At 30 September 2024 102,750
NET BOOK VALUE
At 30 September 2024 40,096
At 30 September 2023 67,765

RED OAK HOLDING LIMITED (REGISTERED NUMBER: 10319461)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,317 26,465
Other debtors 131,279 36,683
134,596 63,148

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,331 -
Hire purchase contracts 16,295 -
Trade creditors 127,519 182,034
Taxation and social security 21,805 21,566
Other creditors 319,047 236,287
490,997 439,887

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 15,928 28,433
Hire purchase contracts 11,714 53,792
27,642 82,225

9. GOING CONCERN

The company and the director are committed to finding a viable solution to support the company's trading in the future, and on that basis the company is considered a going concern.