REGISTERED NUMBER: 10839880 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Redcart Project Services Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs A J Redfern

REGISTERED OFFICE:

Summerwell House

Parton Road

Churchdown

Gloucester

GL3 2JH

REGISTERED NUMBER:

10839880 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

Cater Allen

9 Nelson Street

Bradford

BD1 5AN

FIXED ASSETS

Tangible assets

4

24,074

31,983

CURRENT ASSETS

Debtors

5

26,154

30,315

Cash at bank

65,791

90,217

91,945

120,532

CREDITORS

Amounts falling due within one year

6

19,225

32,408

NET CURRENT ASSETS

72,720

88,124

TOTAL ASSETS LESS CURRENT LIABILITIES

96,794

120,107

CREDITORS

Amounts falling due after more than one year

7

(22,469

)

(24,601

)

PROVISIONS FOR LIABILITIES

(552

)

(1,353

)

NET ASSETS

73,773

94,153

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

73,772

94,152

SHAREHOLDERS' FUNDS

73,773

94,153

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 2 April 2026 and were signed by:

Mrs A J Redfern - Director

1.	STATUTORY INFORMATION

Redcart Project 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

Cost

At 1 August 2024

31,983

2,350

34,333

Additions

-

379

379

At 31 July 2025

31,983

2,729

34,712

Depreciation

At 1 August 2024

666

1,684

2,350

Charge for year

7,829

459

8,288

At 31 July 2025

8,495

2,143

10,638

Net book value

At 31 July 2025

23,488

586

24,074

At 31 July 2024

31,317

666

31,983

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

Cost

At 1 August 2024

and 31 July 2025

31,983

Depreciation

At 1 August 2024

666

Charge for year

7,829

At 31 July 2025

8,495

Net book value

At 31 July 2025

23,488

At 31 July 2024

31,317

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

£

Trade debtors

20,260

29,605

Other debtors

5,894

710

26,154

30,315

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

£

Hire purchase contracts (see note 8)

2,132

2,132

Taxation and social security

15,621

26,917

Other creditors

1,472

3,359

19,225

32,408

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/7/25

31/7/24

£

£

Hire purchase contracts (see note 8)

22,469

24,601

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31/7/25

31/7/24

£

£

Net obligations repayable:

Within one year

2,132

2,132

Between one and five years

22,469

24,601

24,601

26,733

9.	RELATED PARTY DISCLOSURES

Redcart PM Solutions Limited

A company under common control

During the year, the company made a loan to Redcart PM Solutions Limited of £5,000. At the year end, this loan balance remained outstanding. The loan, included within other debtors, is interest free and has no fixed repayment terms.