Registered number
09847514
Redlite Laser Limited
Filleted Accounts
31 October 2024
Redlite Laser Limited
Registered number: 09847514
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 842 1,262
Current assets
Stocks 5,000 5,000
Debtors 4 39,996 38,684
Cash at bank and in hand 5,070 11,342
50,066 55,026
Creditors: amounts falling due within one year 5 (39,914) (43,598)
Net current assets 10,152 11,428
Net assets 10,994 12,690
Capital and reserves
Called up share capital 100 100
Profit and loss account 10,894 12,590
Shareholder's funds 10,994 12,690
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.
Joanne Baum
Director
Approved by the board on 24 July 2025
Redlite Laser 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 5 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 1 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 November 2023 2,102
At 31 October 2024 2,102
Depreciation
At 1 November 2023 840
Charge for the year 420
At 31 October 2024 1,260
Net book value
At 31 October 2024 842
At 31 October 2023 1,262
4 Debtors 2024 2023
£ £
Pre payments - 202
Other debtors 39,996 38,482
39,996 38,684
Included in other debtors is £16,434(2023: £33,562) owed by the director. This was repaid after date
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 508 -
Other creditors 39,406 43,598
39,914 43,598
6 Related party transactions
Redinc Tattoo Limited is included in other creditors in the amount of £32,811,
(2023: other creditors £30,597)
Pulse Holdings Limited is included in other debtors in the amount of £23,562
(2023: other debtors £10,000)
Rivergate Tattoo Partnership is included in other creditors in the amount of £4,796
(2023: other debtors £4,920)
7 Other information
Redlite Laser Limited is a private company limited by shares and incorporated in England. Its registered office is:
Devonshire House
582 Honeypot lane
Middlesex
HA7 1JS
Redlite Laser Limited 09847514 false 2023-11-01 2024-10-31 2024-10-31 VT Final Accounts April 2025 Joanne Baum No description of principal activity 09847514 2022-11-01 2023-10-31 09847514 core:WithinOneYear 2023-10-31 09847514 core:ShareCapital 2023-10-31 09847514 core:RetainedEarningsAccumulatedLosses 2023-10-31 09847514 2023-11-01 2024-10-31 09847514 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09847514 bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09847514 bus:Director40 2023-11-01 2024-10-31 09847514 1 2023-11-01 2024-10-31 09847514 2 2023-11-01 2024-10-31 09847514 core:PlantMachinery 2023-11-01 2024-10-31 09847514 countries:England 2023-11-01 2024-10-31 09847514 bus:FRS102 2023-11-01 2024-10-31 09847514 bus:FilletedAccounts 2023-11-01 2024-10-31 09847514 2024-10-31 09847514 core:WithinOneYear 2024-10-31 09847514 core:ShareCapital 2024-10-31 09847514 core:RetainedEarningsAccumulatedLosses 2024-10-31 09847514 core:PlantMachinery 2024-10-31 09847514 2023-10-31 09847514 core:PlantMachinery 2023-10-31 iso4217:GBP xbrli:pure