6 false false false false false false false false false false true false false false false false false No description of principal activity 2024-06-01 Sage Accounts Production Advanced 2024 - FRS102_2024 5,973 1,629 1,784 5,818 3,576 1,090 1,320 3,346 2,472 2,397 xbrli:pure xbrli:shares iso4217:GBP 11062196 2024-06-01 2024-12-31 11062196 2024-12-31 11062196 2024-05-31 11062196 2023-06-01 2024-05-31 11062196 2024-05-31 11062196 2023-05-31 11062196 bus:Director5 2024-06-01 2024-12-31 11062196 core:WithinOneYear 2024-12-31 11062196 core:WithinOneYear 2024-05-31 11062196 core:AfterOneYear 2024-05-31 11062196 core:ShareCapital 2024-12-31 11062196 core:ShareCapital 2024-05-31 11062196 core:SharePremium 2024-12-31 11062196 core:SharePremium 2024-05-31 11062196 core:RetainedEarningsAccumulatedLosses 2024-12-31 11062196 core:RetainedEarningsAccumulatedLosses 2024-05-31 11062196 bus:Director1 2024-06-01 2024-12-31 11062196 bus:SmallEntities 2024-06-01 2024-12-31 11062196 bus:AuditExemptWithAccountantsReport 2024-06-01 2024-12-31 11062196 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2024-12-31 11062196 bus:PrivateLimitedCompanyLtd 2024-06-01 2024-12-31 11062196 bus:FullAccounts 2024-06-01 2024-12-31 11062196 core:ComputerEquipment 2024-06-01 2024-12-31 11062196 core:ComputerEquipment 2024-05-31 11062196 core:ComputerEquipment 2024-12-31
COMPANY REGISTRATION NUMBER: 11062196
Random Colour Animal Limited
Filleted Unaudited Financial Statements
31 December 2024
Random Colour Animal Limited
Statement of Financial Position
31 December 2024
31 Dec 24
31 May 24
Note
£
£
£
Fixed assets
Tangible assets
5
2,472
2,397
Current assets
Debtors
6
250,730
102,287
Cash at bank and in hand
86,563
24,187
---------
---------
337,293
126,474
Creditors: amounts falling due within one year
7
357,424
278,736
---------
---------
Net current liabilities
20,131
152,262
--------
---------
Total assets less current liabilities
( 17,659)
( 149,865)
Creditors: amounts falling due after more than one year
8
6,387
Provisions
Taxation including deferred tax
432
--------
---------
Net liabilities
( 18,091)
( 156,252)
--------
---------
Capital and reserves
Called up share capital
160
160
Share premium account
12,000
12,000
Profit and loss account
( 30,251)
( 168,412)
--------
---------
Shareholders deficit
( 18,091)
( 156,252)
--------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Random Colour Animal Limited
Statement of Financial Position (continued)
31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 9 July 2025 , and are signed on behalf of the board by:
Mr P Laverick
Director
Company registration number: 11062196
Random Colour Animal Limited
Notes to the Financial Statements
Period from 1 June 2024 to 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Betchworth House, 57-65 Station Road, Redhill, RH1 1DL, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office Equipment
-
25% reducing balance
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 6 (2024: 6 ).
5. Tangible assets
Equipment
Total
£
£
Cost
At 1 June 2024
5,973
5,973
Additions
1,629
1,629
Disposals
( 1,784)
( 1,784)
-------
-------
At 31 December 2024
5,818
5,818
-------
-------
Depreciation
At 1 June 2024
3,576
3,576
Charge for the period
1,090
1,090
Disposals
( 1,320)
( 1,320)
-------
-------
At 31 December 2024
3,346
3,346
-------
-------
Carrying amount
At 31 December 2024
2,472
2,472
-------
-------
At 31 May 2024
2,397
2,397
-------
-------
6. Debtors
31 Dec 24
31 May 24
£
£
Trade debtors
129,412
7,005
Other debtors
121,318
95,282
---------
---------
250,730
102,287
---------
---------
7. Creditors: amounts falling due within one year
31 Dec 24
31 May 24
£
£
Bank loans and overdrafts
7,569
Trade creditors
16,570
802
Amounts owed to group undertakings and undertakings in which the company has a participating interest
143,750
102,207
Corporation tax
50,502
Social security and other taxes
150,276
110,599
Other creditors
46,828
7,057
---------
---------
357,424
278,736
---------
---------
8. Creditors: amounts falling due after more than one year
31 Dec 24
31 May 24
£
£
Bank loans and overdrafts
6,387
----
-------
9. Directors' advances, credits and guarantees
At the year end the Directors owed the company £70,979 (31/05/2024: £72,033). Of the amount advanced at 31st May 2024, £2,000 was repaid and an additional £946 advanced. The loans attracted interest at the official rate, were unsecured and repayable on demand.