REGISTERED NUMBER: 02462121 (England and Wales)

RED Scientific Reply Limited

Financial Statements for the Year Ended 31st August 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Y J Whiteley

M D Brule-Walker

J S Hill

M Cusinato

F Rizzante

REGISTERED OFFICE:

38 Grosvenor Gardens

London

SW1W 0EB

BUSINESS ADDRESS:

1 Oriel Court

Omega Park

Alton

Hampshire

GU34 2YT

REGISTERED NUMBER:

02462121 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

The Engine House

77 Station Road

Petersfield

Hampshire

GU32 3FQ

FIXED ASSETS

Tangible assets

4

36,211

34,635

CURRENT ASSETS

Debtors

5

1,173,627

1,125,247

Cash at bank and in hand

448,269

754,609

1,621,896

1,879,856

CREDITORS

Amounts falling due within one year

6

740,347

643,003

NET CURRENT ASSETS

881,549

1,236,853

TOTAL ASSETS LESS CURRENT LIABILITIES

917,760

1,271,488

CREDITORS

Amounts falling due after more than one year

7

(41,667

)

(91,667

)

PROVISIONS FOR LIABILITIES

(6,593

)

(6,042

)

NET ASSETS

869,500

1,173,779

CAPITAL AND RESERVES

Called up share capital

38,720

32,920

Capital redemption reserve

47,600

47,600

Share-based payment reserve

-

9,503

Retained earnings

783,180

1,083,756

SHAREHOLDERS' FUNDS

869,500

1,173,779

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 11th May 2026 and were signed on its behalf by:

Mrs Y J Whiteley - Director

1.	STATUTORY INFORMATION

RED Scientific Reply Limited 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 represents invoiced services, net of value added tax, together with the percentage of associated revenue on work not invoiced but in progress at the year end.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 15% on reducing balance

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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Research and development tax credits are recognised in the year that they accrue. Deferred tax credits are recognised only to the extent that it is probable that they will be recovered against future taxable profits.

Hire purchase and leasing commitments

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.

Share-based payments for employee share schemes

The company had previously granted share options to certain directors and employees, all of whom were based in the UK. The fair value was charged as an expense in the profit and loss account over the vesting period with a credit entry contained within a separate reserve called the Share-Based Payment Reserve.

All options had been exercised by 31st August 2025.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2024 - 37 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st September 2024

78,947

Additions

17,847

At 31st August 2025

96,794

DEPRECIATION

At 1st September 2024

44,312

Charge for year

16,271

At 31st August 2025

60,583

NET BOOK VALUE

At 31st August 2025

36,211

At 31st August 2024

34,635

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

427,812

387,943

Other debtors

745,815

737,304

1,173,627

1,125,247

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

50,000

50,000

Trade creditors

172,577

222,081

Taxation and social security

134,487

146,182

Other creditors

383,283

224,740

740,347

643,003

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

41,667

91,667

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

18,333

28,333

The company is repaying a loan granted under the Coronavirus Business Interruption Loan Scheme. In the event of default by the company, repayment of the loan and interest is backed by an 80% UK government guarantee.

9.	SHARE-BASED PAYMENT TRANSACTIONS

During the year the remaining granted share options were exercised. There are no options outstanding on 31st August 2025.

The involvement of the employees in the share scheme arrangements is as follows:

2025

2024

£

£

Charge to profit and loss during the period

(9,503

)

-

Balance arising from share-based payments at end of the period

-

9,503