Company Registration No. 11853183 (England and Wales)
Redeye Records (Holdings) Limited
Unaudited accounts
for the year ended 31 March 2025
Redeye Records (Holdings) Limited
Unaudited accounts
Contents
Redeye Records (Holdings) Limited
Company Information
for the year ended 31 March 2025
Company Number
11853183 (England and Wales)
Registered Office
UNIT 5 CRYSTAL BUSINESS CENTRE
KNIGHTSDALE ROAD
IPSWICH
SUFFOLK
IP1 4JJ
ENGLAND
Redeye Records (Holdings) Limited
Statement of financial position
as at 31 March 2025
Tangible assets
360,787
360,787
Creditors: amounts falling due within one year
-
(2,569)
Net current assets
17,010
14,436
Total assets less current liabilities
377,997
375,423
Creditors: amounts falling due after more than one year
(244,723)
(228,313)
Net assets
133,274
147,110
Called up share capital
200
200
Profit and loss account
133,074
146,910
Shareholders' funds
133,274
147,110
For the year ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 15 December 2025 and were signed on its behalf by
Mr T Ison
Director
Company Registration No. 11853183
Redeye Records (Holdings) Limited
Notes to the Accounts
for the year ended 31 March 2025
Redeye Records (Holdings) Limited is a private company, limited by shares, registered in England and Wales, registration number 11853183. The registered office is UNIT 5 CRYSTAL BUSINESS CENTRE, KNIGHTSDALE ROAD, IPSWICH, SUFFOLK, IP1 4JJ, ENGLAND.
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:
Land & buildings
Not depreciated
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 or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Tangible fixed assets
Land & buildings
Redeye Records (Holdings) Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Investments
Subsidiary undertakings
Valuation at 1 April 2024
200
Valuation at 31 March 2025
200
Amounts falling due within one year
Amounts due from group undertakings etc.
16,700
16,700
Accrued income and prepayments
310
305
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
-
2,569
8
Creditors: amounts falling due after more than one year
2025
2024
Amounts owed to group undertakings and other participating interests
244,147
214,305
Loans from directors
576
14,008
9
Transactions with related parties
At the statement of financial position date the total balance owed by the company to Redeye Records Limited was £244,147 (2024: £214,305)
At the statement of financial position date the total balance owed to the company from RRDTI Limited was £16,700 (2024: £16,700)
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Average number of employees
During the year the average number of employees was 0 (2024: 0).