Registered number
09847552
Redinc Tattoo Limited
Filleted Accounts
31 October 2024
Redinc Tattoo Limited
Registered number: 09847552
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,231 638
Current assets
Stocks 10,000 8,000
Debtors 4 32,811 52,841
Cash at bank and in hand 5,683 5,683
48,494 66,524
Creditors: amounts falling due within one year 5 (40,705) (13,562)
Net current assets 7,789 52,962
Net assets 9,020 53,600
Capital and reserves
Called up share capital 100 100
Profit and loss account 8,920 53,500
Shareholder's funds 9,020 53,600
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J Baum
Director
Approved by the board on 24 July 2025
Redinc Tattoo Limited
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:.
Plant and Machinery over 3 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 5 5
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 November 2023 957
Additions 1,368
At 31 October 2024 2,325
Depreciation
At 1 November 2023 319
Charge for the year 775
At 31 October 2024 1,094
Net book value
At 31 October 2024 1,231
At 31 October 2023 638
4 Debtors 2024 2023
£ £
Prepayments - 3,959
Other debtors 32,811 48,882
32,811 52,841
5 Creditors: amounts falling due within one year 2024 2023
£ £
Accruals 1,800 1,800
Taxation and social security costs 5,193 7,075
Other creditors 33,712 4,687
40,705 13,562
6 Related party transactions
Redlite Laser Limited is included in other debtors in the amount of £32,811 (2023:£30,598)
Rivergate Tatoo Partnership is included in other debtors in the amount of £0 (2023: £18,284)
Pulse Holdings Limited is included in other creditors in the amount of £33,536 (2023: £2,117)
7 Other information
Redinc Tattoo Limited is a private company limited by shares and incorporated in England. Its registered office is:
Devonshire House
582 Honeypot Lane
Stanmore
HA7 1JS
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