REGISTERED NUMBER: 07332063 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Redshank IT Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T M Carlton-King

REGISTERED OFFICE:

3 Palmerston Mansions

Palmerston Road

Southsea

Hampshire

PO5 3QJ

REGISTERED NUMBER:

07332063 (England and Wales)

ACCOUNTANTS:

Ency Associates

Chartered Certified Accountants

Printware Court

Cumberland Business Centre

Northumberland Road

Portsmouth

Hampshire

PO5 1DS

FIXED ASSETS

Tangible assets

4

1,940

4,341

CURRENT ASSETS

Stocks

64,560

55,581

Debtors

5

530,755

268,423

Cash at bank

69,476

34,112

664,791

358,116

CREDITORS

Amounts falling due within one year

6

629,530

328,209

NET CURRENT ASSETS

35,261

29,907

TOTAL ASSETS LESS CURRENT LIABILITIES

37,201

34,248

PROVISIONS FOR LIABILITIES

485

1,085

NET ASSETS

36,716

33,163

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

36,616

33,063

SHAREHOLDERS' FUNDS

36,716

33,163

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 12 December 2025 and were signed by:

T M Carlton-King - Director

1.	STATUTORY INFORMATION

Redshank IT Services Ltd 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures & fittings

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Computer

& fittings

equipment

Totals

£

£

£

COST

At 1 September 2024

and 31 August 2025

714

6,666

7,380

DEPRECIATION

At 1 September 2024

179

2,860

3,039

Charge for year

178

2,223

2,401

At 31 August 2025

357

5,083

5,440

NET BOOK VALUE

At 31 August 2025

357

1,583

1,940

At 31 August 2024

535

3,806

4,341

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

519,402

251,150

Other debtors

11,353

17,273

530,755

268,423

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

429,493

200,532

Amounts owed to group undertakings

110,949

84,444

Taxation and social security

20,524

17,532

Other creditors

68,564

25,701

629,530

328,209

7.	RELATED PARTY DISCLOSURES

T M Carlton-King

Director

31.8.25

31.8.24

£

£

Amount due to related party at the balance sheet date

857

-

The Redshank Group Ltd

Parent company

31.8.25

31.8.24

£

£

Amount due to related party at the balance sheet date

110,949

84,444

8.	ULTIMATE CONTROLLING PARTY

The controlling party is T M Carlton-King.