Red Barn Consultants Ltd - Filleted accounts

Registered number

15817924

Red Barn Consultants Ltd

Filleted Accounts

31 July 2025

Red Barn Consultants Ltd
Registered number:		15817924
Balance Sheet
as at 31 July 2025

Notes			2025
£
Current assets
Debtors	3	3,619
Cash at bank and in hand		2,026
		5,645

Creditors: amounts falling due within one year	4	(17,000)

Net current liabilities			(11,355)

Net liabilities			(11,355)

Capital and reserves
Called up share capital			1
Profit and loss account			(11,356)

Shareholders' funds			(11,355)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Stephen Morley
Director
Approved by the board on 15 December 2025

Red Barn Consultants Ltd
Notes to the Accounts
for the period from 3 July 2024 to 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover represents commission income earned from permanent recruitment placements. Income is recognised when a candidate commences employment with the client and the company’s entitlement to consideration becomes unconditional. Where placements are subject to rebate or guarantee periods, revenue is recognised net of any expected rebates. If a candidate leaves employment within the rebate period, revenue is adjusted in the period in which the reduction in consideration becomes known.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Going concern
	The financial statements have been prepared on a going concern basis. The company incurred a loss in the period and is dependent on financial support from its director. The director has confirmed that they will continue to provide such support as is necessary for the company to meet its liabilities as they fall due for at least twelve months from the date of approval of these financial statements. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.


2	Employees	2025
Number

	Average number of persons employed by the company	3


3	Debtors	2025
£

	Deferred tax asset	2,630
	Other debtors	989
		3,619


4	Creditors: amounts falling due within one year	2025
£

	Trade creditors	278
	Amounts owed to director	15,002
	Taxation and social security costs	120
	Other creditors	1,600
		17,000


5	Related party transactions

	During the year the company entered into transactions with its director, Stephen Morley. The director provided funds to the company to support its working capital requirements. At the year end, the amount owed to the director was £15,002. The balance is unsecured, interest-free and repayable on demand. The director has confirmed that they will not seek repayment in the foreseeable future. No other transactions with related parties occurred during the year.


6	Other information

	Red Barn Consultants Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	SHMS House
	20 Little Park Farm Road
	Fareham
	Hampshire
	PO15 5TD