0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 12763194 2024-01-01 2024-12-31 12763194 2024-12-31 12763194 2023-12-31 12763194 2023-01-01 2023-12-31 12763194 2023-12-31 12763194 2022-12-31 12763194 bus:Director1 2024-01-01 2024-12-31 12763194 core:WithinOneYear 2024-12-31 12763194 core:WithinOneYear 2023-12-31 12763194 core:ShareCapital 2024-12-31 12763194 core:ShareCapital 2023-12-31 12763194 core:RetainedEarningsAccumulatedLosses 2024-12-31 12763194 core:RetainedEarningsAccumulatedLosses 2023-12-31 12763194 bus:SmallEntities 2024-01-01 2024-12-31 12763194 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 12763194 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12763194 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12763194 bus:FullAccounts 2024-01-01 2024-12-31
COMPANY REGISTRATION NUMBER: 12763194
TEDDY RED LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 December 2024
TEDDY RED LIMITED
STATEMENT OF FINANCIAL POSITION
31 December 2024
2024
2023
Note
£
£
£
£
CURRENT ASSETS
Stocks
3,020
6,190
Cash at bank and in hand
14,418
15,862
--------
--------
17,438
22,052
CREDITORS: amounts falling due within one year
4
27,452
26,460
--------
--------
NET CURRENT LIABILITIES
10,014
4,408
--------
-------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 10,014)
( 4,408)
--------
-------
CAPITAL AND RESERVES
Called up share capital fully paid
100
100
Profit and loss account
( 10,114)
( 4,508)
--------
-------
SHAREHOLDERS DEFICIT
( 10,014)
( 4,408)
--------
-------
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 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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year 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 .
These financial statements were approved by the board of directors and authorised for issue on 24 September 2025 , and are signed on behalf of the board by:
Miss G Labudek
Director
Company registration number: 12763194
TEDDY RED LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
1. GENERAL INFORMATION
The company is a private limited by shares, registered in England and Wales. The address of the registered office is Headlands House, 1 Kings Court, Kettering Parkway, Kettering, NN15 6WJ.
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.
Going concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
4. CREDITORS: amounts falling due within one year
2024
2023
£
£
Other creditors
27,452
26,460
--------
--------
5. GOING CONCERN
The directors have considered the period to June 2026 when assessing the company's ability to continue as a going concern. It is believed that the company will either be able to satisfy its liabilities as these become payable, or alternatively will be sold as a going concern.