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REGISTERED NUMBER: 11642236 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

RED MIRACLE (NUNEATON) LTD

| RED MIRACLE (NUNEATON) LTD (REGISTERED NUMBER: 11642236) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| RED MIRACLE (NUNEATON) LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | A Salariya

| A Javed

| Ms K Saini

| REGISTERED OFFICE: | 24 Canute House

| Durham Wharf Drive

| Brentford

| Middlesex

| TW8 8HP

| REGISTERED NUMBER: | 11642236 (England and Wales)

| ACCOUNTANTS: | Sage & Co

| Chartered Accountants

| 40 High Street

| Northwood

| Middlesex

| HA6 1BN

| RED MIRACLE (NUNEATON) LTD (REGISTERED NUMBER: 11642236) |

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 1,712,940 |  | 2,159,793 |  |

Tangible assets | 5 | 457,558 |  | 509,524 |  |

2,170,498 |  | 2,669,317 |  |

CURRENT ASSETS

Stocks | 6 | 22,195 |  | 25,498 |  |

Debtors | 7 | 290,779 |  | 191,499 |  |

Cash at bank and in hand | 111,178 |  | 409,385 |  |

424,152 |  | 626,382 |  |

CREDITORS

Amounts falling due within one year | 8 | 3,050,842 |  | 2,656,789 |  |

NET CURRENT LIABILITIES | (2,626,690 | ) | (2,030,407 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (456,192 | ) | 638,910 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (1,628,531 | ) | (2,195,790 | ) |

PROVISIONS FOR LIABILITIES | (112,000 | ) | (125,000 | ) |

NET LIABILITIES | (2,196,723 | ) | (1,681,880 | ) |

| RED MIRACLE (NUNEATON) LTD (REGISTERED NUMBER: 11642236) |

BALANCE SHEET - continued

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

CAPITAL AND RESERVES

Called up share capital | 11 | 100 |  | 100 |  |

Retained earnings | (2,196,823 | ) | (1,681,980 | ) |

SHAREHOLDERS' FUNDS | (2,196,723 | ) | (1,681,880 | ) |

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 directors acknowledge their 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 Board of Directors and authorised for issue on 5 January 2026 and were signed on its behalf by:

A Salariya - Director

| RED MIRACLE (NUNEATON) LTD (REGISTERED NUMBER: 11642236) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Red Miracle (Nuneaton) 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Going concern

| The financial statements are prepared on a going concern basis, as the directors will continue to support the company for the foreseeable future.

| Preparation of consolidated financial statements

| The financial statements contain information about Red Miracle (Nuneaton) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| 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.

| Goodwill

| Goodwill purchased on acquisition of a business is included in fixed assets and amortised over 10 years in equal annual instalments. The directors consider this period to be a reasonable estimate of the economic life over which the value of the acquired business would be expected to exceed the values of its identifiable assets and liabilities.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

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

| Short leasehold | - | 10% on cost

| Fixtures and fittings | - | 10% on reducing balance

| RED MIRACLE (NUNEATON) LTD (REGISTERED NUMBER: 11642236) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| Stocks

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

| Debtors and creditors receivable/payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

| Cash and cash equivalent

| Cash and cash equivalent include cash in hand and deposits held at call with bank.

| Loans and borrowings

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method.

| 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.

| Operating lease agreements

| Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

| RED MIRACLE (NUNEATON) LTD (REGISTERED NUMBER: 11642236) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| Impairment

| Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit and loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 117 (2024 - 118 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 4,468,534 |  |

| AMORTISATION

| At 1 April 2024 | 2,308,741 |  |

| Charge for year | 446,853 |  |

| At 31 March 2025 | 2,755,594 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,712,940 |  |

| At 31 March 2024 | 2,159,793 |  |

| RED MIRACLE (NUNEATON) LTD (REGISTERED NUMBER: 11642236) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | and |

| leasehold |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024

| and 31 March 2025 | 19,621 |  | 851,422 |  | 871,043 |  |

| DEPRECIATION

| At 1 April 2024 | 10,137 |  | 351,382 |  | 361,519 |  |

| Charge for year | 1,962 |  | 50,004 |  | 51,966 |  |

| At 31 March 2025 | 12,099 |  | 401,386 |  | 413,485 |  |

| NET BOOK VALUE

| At 31 March 2025 | 7,522 |  | 450,036 |  | 457,558 |  |

| At 31 March 2024 | 9,484 |  | 500,040 |  | 509,524 |  |

6. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 22,195 |  | 25,498 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 251,793 |  | 130,131 |  |

| Other debtors | - |  | 1,392 |  |

| Prepayments and accrued income | 38,986 |  | 59,976 |  |

290,779 |  | 191,499 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 543,351 |  | 510,477 |  |

| Trade creditors | 186,269 |  | 168,350 |  |

| Social security and other taxes | 36,662 |  | 22,600 |  |

| VAT | 374,362 |  | 135,548 |  |

| Other creditors | 1,908,068 |  | 1,617,684 |  |

| Directors' current accounts | - |  | 200,000 |  |

| Accruals and deferred income | 2,130 |  | 2,130 |  |

3,050,842 |  | 2,656,789 |  |

| RED MIRACLE (NUNEATON) LTD (REGISTERED NUMBER: 11642236) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 1-2 years | 576,864 |  | 541,871 |  |

| Bank loans - 2-5 years | 1,051,667 |  | 1,653,919 |  |

1,628,531 |  | 2,195,790 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 2,171,882 |  | 2,706,267 |  |

| The bank loan is secured by a fixed and floating charge over the company assets.

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

12. | CONTINGENT LIABILITIES

| The company has given a debenture over company assets in respect of the bank borrowings of Red Miracle Limited, a company under common ownership.

13. | OTHER FINANCIAL COMMITMENTS

| At the period end, the company had total commitments under operating leases over the remaining life of those leases of approximately £697,000 (2024: £792,000).