RED BADGE I.T. SERVICES LIMITED


Director	HAIGH, Philip Andrew


Registered Address	West Royd Station Road
	Robin Hoods Bay
	Whitby
	YO22 4RL


Registered Number	04594154 (England and Wales)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		787		2,553
			787		2,553
Current assets
Stocks		78,291		86,940
Debtors	4	172		1,972
Cash at bank and on hand		50,277		70,000
		128,740		158,912
Creditors amounts falling due within one year	5	(75,218)		(102,278)
Net current assets (liabilities)			53,522		56,634
Total assets less current liabilities			54,309		59,187
Provisions for liabilities			(150)		(485)
Net assets			54,159		58,702
Capital and reserves
Called up share capital			100		100
Profit and loss account			54,059		58,602
Shareholders' funds			54,159		58,702

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 27 April 2026, and are signed on its behalf by:

HAIGH, Philip Andrew
Director
Registered Company No. 04594154

RED BADGE I.T. SERVICES LIMITED

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	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 policy
	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.

	Current 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.

Current 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.

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.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


	Reducing balance (%)	Straight line (years)
Fixtures and fittings	15	-
Office Equipment	-	3

	Stocks and work in progress
	Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 December 24	1,592	16,626	18,218
At 30 November 25	1,592	16,626	18,218
Depreciation and impairment
At 01 December 24	1,510	14,155	15,665
Charge for year	12	1,754	1,766
At 30 November 25	1,522	15,909	17,431
Net book value
At 30 November 25	70	717	787
At 30 November 24	82	2,471	2,553

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	1,800
Other debtors	172	172
Total	172	1,972

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	8,958	16,338
Other creditors	64,185	84,291
Accrued liabilities and deferred income	2,075	1,649
Total	75,218	102,278

6.	Directors advances, credits and guarantees
	Included within creditors: amounts falling due within one year were loans from the director of £64,185 (2024: £84,291). The loans were interest free with no fixed date for repayment.