Company Registration No. 07057195 (England and Wales)
Red Kite Kitchens Limited
Unaudited accounts
for the year ended 31 December 2024
Red Kite Kitchens Limited
Unaudited accounts
Contents
Red Kite Kitchens Limited
Company Information
for the year ended 31 December 2024
Directors
G Russell
P Russell
Company Number
07057195 (England and Wales)
Registered Office
66 LONDON END
BEACONSFIELD
BUCKINGHAMSHIRE
HP9 2JD
Red Kite Kitchens Limited
Statement of financial position
as at 31 December 2024
Tangible assets
41,156
25,305
Cash at bank and in hand
122,030
170,805
Creditors: amounts falling due within one year
(248,898)
(273,322)
Net current assets
305,085
324,309
Total assets less current liabilities
346,241
349,614
Creditors: amounts falling due after more than one year
(8,407)
(18,447)
Provisions for liabilities
Deferred tax
(10,289)
(6,326)
Net assets
327,545
324,841
Called up share capital
2
2
Profit and loss account
327,543
324,839
Shareholders' funds
327,545
324,841
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by
G Russell
Director
Company Registration No. 07057195
Red Kite Kitchens Limited
Notes to the Accounts
for the year ended 31 December 2024
Red Kite Kitchens Limited is a private company, limited by shares, registered in England and Wales, registration number 07057195. The registered office is 66 LONDON END, BEACONSFIELD, BUCKINGHAMSHIRE, HP9 2JD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line
Motor vehicles
25% Reducing balance
Fixtures & fittings
20% Straight line
Computer equipment
20% Straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Red Kite Kitchens Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
48,913
-
280,008
20,458
349,379
Additions
-
4,000
27,446
-
31,446
At 31 December 2024
48,913
4,000
307,454
20,458
380,825
At 1 January 2024
47,477
-
257,250
19,347
324,074
Charge for the year
542
1,000
13,690
363
15,595
At 31 December 2024
48,019
1,000
270,940
19,710
339,669
At 31 December 2024
894
3,000
36,514
748
41,156
At 31 December 2023
1,436
-
22,758
1,111
25,305
Amounts falling due within one year
Trade debtors
118,188
107,786
Accrued income and prepayments
2,346
970
Other debtors
235,527
240,977
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,648
10,648
Trade creditors
42,668
84,083
Taxes and social security
35,778
43,594
Loans from directors
226
594
7
Creditors: amounts falling due after more than one year
2024
2023
8
Operating lease commitments
2024
2023
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
50,000
47,000
Red Kite Kitchens Limited
Notes to the Accounts
for the year ended 31 December 2024
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).