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REGISTERED NUMBER: 01358300 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

REDCOAT EXPRESS LIMITED

REDCOAT EXPRESS LIMITED (REGISTERED NUMBER: 01358300)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


REDCOAT EXPRESS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: S Chouhan
M Jah
E Jobe
M Y Nehme





SECRETARY: L P Burroughs





REGISTERED OFFICE: Endeavor House
Baird Close
Crawley
West Sussex
RH10 9SY





REGISTERED NUMBER: 01358300 (England and Wales)





AUDITORS: GBJ Financial Limited
Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW

REDCOAT EXPRESS LIMITED (REGISTERED NUMBER: 01358300)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Tangible assets 4 96,109 28,783

CURRENT ASSETS
Stocks 5,934 5,224
Debtors 5 784,445 773,075
Cash at bank and in hand 860,999 777,516
1,651,378 1,555,815
CREDITORS
Amounts falling due within one year 6 611,310 719,385
NET CURRENT ASSETS 1,040,068 836,430
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,136,177

865,213

CAPITAL AND RESERVES
Called up share capital 60,900 60,900
Retained earnings 1,075,277 804,313
1,136,177 865,213

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 6 June 2025 and were signed on its behalf by:





S Chouhan - Director


REDCOAT EXPRESS LIMITED (REGISTERED NUMBER: 01358300)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Redcoat Express 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

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.

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 - 50% on cost and 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

REDCOAT EXPRESS LIMITED (REGISTERED NUMBER: 01358300)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Office
equipment
and Motor
furniture vehicles Totals
£ £ £
COST
At 1 April 2023 77,875 48,000 125,875
Additions 41,161 41,758 82,919
Disposals - (14,000 ) (14,000 )
At 31 March 2024 119,036 75,758 194,794
DEPRECIATION
At 1 April 2023 68,258 28,834 97,092
Charge for year 7,733 7,860 15,593
Eliminated on disposal - (14,000 ) (14,000 )
At 31 March 2024 75,991 22,694 98,685
NET BOOK VALUE
At 31 March 2024 43,045 53,064 96,109
At 31 March 2023 9,617 19,166 28,783

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 704,451 723,086
Amounts owed by group undertakings 1,183 -
Other debtors 78,811 49,989
784,445 773,075

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 441,186 425,661
Amounts owed to group undertakings - 217,343
Taxation and social security 121,216 65,719
Other creditors 48,908 10,662
611,310 719,385

REDCOAT EXPRESS LIMITED (REGISTERED NUMBER: 01358300)

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


7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jonathan Hillier (Senior Statutory Auditor)
for and on behalf of GBJ Financial Limited

8. ULTIMATE CONTROLLING PARTY

The company's immediate parent is Redcoat Limited, incorporated in England and Wales.