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REGISTRAR OF COMPANIES

Registration number: SC225660

Red Hot Irons Limited

Unaudited Financial Statements

31 December 2024

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Red Hot Irons Limited

Contents

Accountants' Report

1

Balance Sheet

2

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Red Hot Irons Limited
for the Year Ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Red Hot Irons Limited for the year ended 31 December 2024 as set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Red Hot Irons Limited, as a body, in accordance with the terms of our engagement letter dated 1 September 2022. Our work has been undertaken solely to prepare for your approval the accounts of Red Hot Irons Limited and state those matters that we have agreed to state to the Board of Directors of Red Hot Irons Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Red Hot Irons Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Red Hot Irons Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Red Hot Irons Limited. You consider that Red Hot Irons Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Red Hot Irons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



Dodd & Co Limited
Chartered Accountants
FIFTEEN Rosehill
Montgomery Way
Rosehill Estate
CARLISLE
CA1 2RW

10 September 2025

 

Red Hot Irons Limited

(Registration number: SC225660)
Balance Sheet as at 31 December 2024

2024
£

2023
£

Fixed assets

 

27,591

10,560

Current assets

 

265,462

261,444

Prepayments and accrued income

 

5,149

30,164

Creditors: Amounts falling due within one year

 

(107,615)

(122,310)

Net current assets

 

162,996

169,298

Total assets less current liabilities

 

190,587

179,858

Creditors: Amounts falling due after more than one year

 

(7,988)

-

Accruals and deferred income

 

(62,336)

(36,580)

   

120,263

143,278

Capital and reserves

 

120,263

143,278

 

Red Hot Irons Limited

(Registration number: SC225660)
Balance Sheet as at 31 December 2024 (continued)

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Smithy House
Waterbeck
LOCKERBIE
DG11 3EY

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 9 (2023 - 8).

3

Related party transactions

Transactions with the director

2024

At 1 January 2024
£

Advances
£

Repayments
£

Dividends credited
£

Interest
£

At 31 December 2024
£

P M Bryant

Loan

16,875

86,371

(1,300)

(83,470)

35

18,511

             
         

 

2023

At 1 January 2023
£

Advances
£

Repayments
£

Dividends credited
£

Interest
£

At 31 December 2023
£

P M Bryant

Loan

7,105

97,769

(1,300)

(87,430)

731

16,875

             
         

 

Directors' advances are repayable on demand.

Interest has been charged at 2.25% on advances to directors.







 

 

Red Hot Irons Limited

(Registration number: SC225660)
Balance Sheet as at 31 December 2024 (continued)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 September 2025
 

.........................................
P M Bryant
Director