Acorah Software Products - Accounts Production 16.8.200 false true true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 10756674 Mrs R Lund Ansnes Mr J Ansnes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10756674 2024-05-31 10756674 2025-05-31 10756674 2024-06-01 2025-05-31 10756674 frs-core:CurrentFinancialInstruments 2025-05-31 10756674 frs-core:Non-currentFinancialInstruments 2025-05-31 10756674 frs-core:ShareCapital 2025-05-31 10756674 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 10756674 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 10756674 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 10756674 frs-bus:SmallEntities 2024-06-01 2025-05-31 10756674 frs-bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 10756674 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 10756674 frs-bus:Director1 2024-06-01 2025-05-31 10756674 frs-bus:Director2 2024-06-01 2025-05-31 10756674 frs-countries:EnglandWales 2024-06-01 2025-05-31 10756674 2023-05-31 10756674 2024-05-31 10756674 2023-06-01 2024-05-31 10756674 frs-core:CurrentFinancialInstruments 2024-05-31 10756674 frs-core:Non-currentFinancialInstruments 2024-05-31 10756674 frs-core:ShareCapital 2024-05-31 10756674 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 10756674
Redgoat Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
Redgoat Ltd
Contents
Contents

| Page
--- | ---
Accountant's Report | 1
Balance Sheet | 2
Notes to the Financial Statements | 3—4

Page 1
Redgoat Ltd
Accountant's Report
For The Year Ended 31 May 2025
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Redgoat Ltd for the year ended 31 May 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Redgoat Ltd for the year ended 31 May 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Redgoat Ltd , as a body, in accordance with the terms of our engagement letter dated 15 April 2025. Our work has been undertaken solely to prepare for your approval the accounts of Redgoat Ltd and state those matters that we have agreed to state to the directors of Redgoat Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Redgoat Ltd and its directors, as a body, for our work or for this report.
It is your duty to ensure that Redgoat Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Redgoat Ltd . You consider that Redgoat Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Redgoat Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

ERC Accountants and Business Advisers Limited
22 January 2026

ERC Accountants & Business Advisers Limited
Chartered Accountants
Hanover Buildings
11-13 Hanover Street
Liverpool
Merseyside
L1 3DN
Page 1
Page 2
Redgoat Ltd
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 10756674

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Debtors | 4 | 286,198 |  | 344,952 |
Cash at bank and in hand |  | 81 |  | 1,991 |
|  | 286,279 |  | 346,943 |
Creditors: Amounts Falling Due Within One Year | 5 | (381,554 ) |  | (409,906 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (95,275 ) |  | (62,963 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (95,275 ) |  | (62,963 )
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (3,285 ) |  | (4,201 )
NET LIABILITIES |  |  | (98,560 ) |  | (67,164 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 100 |  | 100
Profit and Loss Account |  |  | (98,660 ) |  | (67,264 )
SHAREHOLDERS' FUNDS |  |  | (98,560) |  | (67,164)

For the year ending 31 May 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mrs R Lund Ansnes Director
22 January 2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Redgoat Ltd
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
Redgoat Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10756674 . The registered office is 7 Burnham Road, Liverpool, L18 6JU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
2.2. Going Concern Disclosure
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis in preparing the annual financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 4,554
Other debtors | 286,198 |  | 340,398
| 286,198 |  | 344,952

Page 3
Page 4
Redgoat Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 9,924 |  | 11,744
Bank loans and overdrafts | 347,640 |  | 347,640
Corporation tax | 19,821 |  | 24,221
Accruals and deferred income | 2,401 |  | 25,261
Directors' loan accounts | 1,768 |  | 1,040
| 381,554 |  | 409,906

The above loan of £347,640 within bank loans and overdrafts is secured by way of fixed and floating charges over all the assets of the company.
Included within bank loans and overdrafts the amount of £889 is 100% secured by the goverment backed bounce back loan scheme.
6. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 3,285 |  | 4,201

The above loan is 100% secured by the goverment backed bounce back loan scheme.
7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

8. Related Party Transactions
The following related party transactions were undertaken during the year:
During the period a director introduced capital of £1,040 (2024: £1,040) and made drawings totalling £312 (2024: £35). At the balance sheet date the amounts owed to the director totalled £1,768 (2024: £1,040).
Dividends were paid to the directors and shareholders in respect of their shareholdings totalling £27,000 (2024: £57,000).
A company under common control was loaned amounts totalling £0 (2024:£3,721) during the year and repaid amounts totalling £54,200 (2024:£0). At the year end the company under common control owed Redgoat Limited £270,272 (2024:£324,472).
A company under common control was loaned amounts totalling £0 (2024:£23,981) during the year and repaid amounts totalling £0 (2024:£20,000). At the year end the company under common control owed Redgoat Limited £15,926 (2024:£15,926).
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
9. Illegal dividends
At the time the dividend was paid the directors were not aware that there were insufficient profits available for distribution and the directors acknowledge that no further distributions can be made until there are sufficient profits available for that purpose.
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