REGISTERED NUMBER: 09483619 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

2 RED DESKS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Hills

REGISTERED OFFICE:

Ground Floor Marlborough House

298 Regents Park Road

London

N3 2SZ

REGISTERED NUMBER:

09483619 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Investment property

4

72,000

72,000

CURRENT ASSETS

Debtors

5

-

8,492

Cash at bank

103

484

103

8,976

CREDITORS

Amounts falling due within one year

6

65,710

64,534

NET CURRENT LIABILITIES

(65,607

)

(55,558

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,393

16,442

CREDITORS

Amounts falling due after more than one year

7

30,000

30,000

NET LIABILITIES

(23,607

)

(13,558

)

CAPITAL AND RESERVES

Called up share capital

8

2

2

Revaluation reserve

9

14,500

14,500

Retained earnings

9

(38,109

)

(28,060

)

SHAREHOLDERS' FUNDS

(23,607

)

(13,558

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 December 2025 and were signed by:

Mr A Hills - Director

1.	STATUTORY INFORMATION

2 Red Desks Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Going concern disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

72,000

NET BOOK VALUE

At 31 March 2025

72,000

At 31 March 2024

72,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2017

14,500

Cost

57,500

72,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

-

8,492

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

279

228

Other creditors

2,247

3,027

Director's current account

61,151

59,431

Accruals and deferred income

2,033

1,848

65,710

64,534

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

30,000

30,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary £1.00

£1

2

2

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 April 2024

(28,060

)

14,500

(13,560

)

Deficit for the year

(10,049

)

(10,049

)

At 31 March 2025

(38,109

)

14,500

(23,609

)

10.	RELATED PARTY DISCLOSURES

Included under creditors is an amount due to A Hills, the director, of £61,151 (2024 - £59,431). This loan is interest free, unsecured and no fixed terms for repayment.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A Hills.