ACCOUNTS - Final Accounts preparation

Registered number: 05502222

REDPLEXUS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

REDPLEXUS LIMITED

REGISTERED NUMBER: 05502222

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Investments	4		680,000		680,000
Current assets
Cash at bank and in hand	5	217		217
Current liabilities
Creditors: amounts falling due within one year	6	(681,617)		(681,617)
Net current liabilities			(681,400)		(681,400)
Total assets less current liabilities			(1,400)		(1,400)

Net liabilities			(1,400)		(1,400)

Capital and reserves
Called up share capital	7	1,000	1,000
Profit and loss account		(2,400)	(2,400)
		(1,400)	(1,400)

For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

A Hodson

Director

Date: 9 June 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

REDPLEXUS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Redplexus Limited (registered number 05502222) is a private limited company registered in England and Wales. The registered office is Suite 1, 7th Floor 50 Broadway, London, United Kingdom, SW1H 0BL.
During the year the Company was dormant.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Going concern

The Directors have prepared forecasts and projections using what they consider to be reasonable assumptions relating to the Company’s financial performance, current financial position and existing financial resources for a period of at least 12 months from signing of the financial statements which show the Company to be a going concern.
The Group has bank borrowings subject to various covenants. The Group has prepared forecasts that show the Group will meet its financial covenants for a period of at least 12 months from the date of signing the financial statements.
The Directors are, therefore, of the opinion that the Company has the necessary resources to continue as a going concern for the foreseeable future and have therefore prepared the financial statements on a going concern basis.

2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

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REDPLEXUS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2024	680,000
	At 31 December 2024	680,000

5.	Cash and cash equivalents
		2024	2023
		£	£

	Cash at bank and in hand	217	217

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

	Amounts owed to group undertakings	681,617	681,617

Amounts owed to group undertakings are repayable on demand, unsecured and non-interest bearing.

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REDPLEXUS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

7.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

1,000 (2023 - 1,000) Ordinary shares of £1.00 each	1,000	1,000

8.	Contingent liabilities

The Company is party to a guarantee given to Royal Bank of Scotland PLC in respect of group borrowings. These borrowings are held entirely within Moebius Two Limited, a fellow group Company.

9.	Related party transactions
	The Company has taken advantage of the exemption under Section 33.1A of FRS 102 not to disclose transactions with wholly owned group members.

10.	Controlling party

The ultimate parent company at the balance sheet date was Moebius One Limited, a company incorporated in England and Wales.
The parent of the smallest and largest group for which group accounts including Redplexus Limited are drawn up is Moebius One Limited. Copies of these accounts may be obtained from their registered office.

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