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REGISTERED NUMBER: 05227648 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st March 2025

for

Red Utilities Limited

Red Utilities Limited (Registered number: 05227648)






Contents of the Financial Statements
for the Year Ended 31st March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Red Utilities Limited

Company Information
for the Year Ended 31st March 2025







DIRECTOR: Mr R Dobson





SECRETARY:





REGISTERED OFFICE: 21 Elmwood
Astley Village
Chorley
Lancashire
PR7 1UU





REGISTERED NUMBER: 05227648 (England and Wales)





ACCOUNTANTS: Stephen Andrews & Co Limited
186 Eaves Lane
Chorley
Lancashire
PR6 0AU

Red Utilities Limited (Registered number: 05227648)

Balance Sheet
31st March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 22,420 22,567

CURRENT ASSETS
Debtors 5 105,017 87,769
Cash at bank 151,201 132,912
256,218 220,681
CREDITORS
Amounts falling due within one year 6 86,058 95,907
NET CURRENT ASSETS 170,160 124,774
TOTAL ASSETS LESS CURRENT
LIABILITIES

192,580

147,341

CREDITORS
Amounts falling due after more than one
year

7

-

7,482
NET ASSETS 192,580 139,859

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 192,480 139,759
SHAREHOLDERS' FUNDS 192,580 139,859

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 Utilities Limited (Registered number: 05227648)

Balance Sheet - continued
31st March 2025


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 11th June 2025 and were signed by:





Mr R Dobson - Director


Red Utilities Limited (Registered number: 05227648)

Notes to the Financial Statements
for the Year Ended 31st March 2025

1. STATUTORY INFORMATION

Red Utilities 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 25% on reducing balance

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

Red Utilities Limited (Registered number: 05227648)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2024 64,885
Additions 19,000
Disposals (26,808 )
At 31st March 2025 57,077
DEPRECIATION
At 1st April 2024 42,318
Charge for year 7,860
Eliminated on disposal (15,521 )
At 31st March 2025 34,657
NET BOOK VALUE
At 31st March 2025 22,420
At 31st March 2024 22,567

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st April 2024 43,803
Transfer to ownership (16,995 )
At 31st March 2025 26,808
DEPRECIATION
At 1st April 2024 22,957
Charge for year 2,822
Transfer to ownership (7,436 )
At 31st March 2025 18,343
NET BOOK VALUE
At 31st March 2025 8,465
At 31st March 2024 20,846

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 105,017 87,769

Red Utilities Limited (Registered number: 05227648)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 333 9,360
Trade creditors 3,032 10,776
Taxation and social security 81,550 74,770
Other creditors 1,143 1,001
86,058 95,907

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts - 7,482

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
2 Ordinary £1 100 100