IRIS Accounts Production v26.1.0.640 09024124 director 1.4.25 31.3.26 31.3.26 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090241242025-03-31090241242026-03-31090241242025-04-012026-03-31090241242024-03-31090241242024-04-012025-03-31090241242025-03-3109024124ns15:EnglandWales2025-04-012026-03-3109024124ns14:PoundSterling2025-04-012026-03-3109024124ns10:Director12025-04-012026-03-3109024124ns10:PrivateLimitedCompanyLtd2025-04-012026-03-3109024124ns10:SmallEntities2025-04-012026-03-3109024124ns10:AuditExempt-NoAccountantsReport2025-04-012026-03-3109024124ns10:SmallCompaniesRegimeForDirectorsReport2025-04-012026-03-3109024124ns10:SmallCompaniesRegimeForAccounts2025-04-012026-03-3109024124ns10:FullAccounts2025-04-012026-03-3109024124ns10:CompanySecretary12025-04-012026-03-3109024124ns10:RegisteredOffice2025-04-012026-03-3109024124ns5:CurrentFinancialInstruments2026-03-3109024124ns5:CurrentFinancialInstruments2025-03-3109024124ns5:ShareCapital2026-03-3109024124ns5:ShareCapital2025-03-3109024124ns5:RetainedEarningsAccumulatedLosses2026-03-3109024124ns5:RetainedEarningsAccumulatedLosses2025-03-3109024124ns5:MotorVehicles2025-04-012026-03-3109024124ns5:ComputerEquipment2025-04-012026-03-3109024124ns5:MotorVehicles2025-03-3109024124ns5:ComputerEquipment2025-03-3109024124ns5:MotorVehicles2026-03-3109024124ns5:ComputerEquipment2026-03-3109024124ns5:MotorVehicles2025-03-3109024124ns5:ComputerEquipment2025-03-3109024124ns5:WithinOneYearns5:CurrentFinancialInstruments2026-03-3109024124ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-31
REGISTERED NUMBER: 09024124 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

THE-RED-LIMIT LIMITED

THE-RED-LIMIT LIMITED (REGISTERED NUMBER: 09024124)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE-RED-LIMIT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2026







DIRECTOR: Mr A A Bly





SECRETARY: Mrs R A Bly





REGISTERED OFFICE: 5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF





REGISTERED NUMBER: 09024124 (England and Wales)





ACCOUNTANTS: Cube Partners Limited
Chartered Accountants
5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF

THE-RED-LIMIT LIMITED (REGISTERED NUMBER: 09024124)

BALANCE SHEET
31 MARCH 2026

2026 2025
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,726 26,790

CURRENT ASSETS
Debtors 5 9,520 52,072
Investments 6 37,528 -
Cash at bank 175,846 192,209
222,894 244,281
CREDITORS
Amounts falling due within one year 7 32,425 54,639
NET CURRENT ASSETS 190,469 189,642
TOTAL ASSETS LESS CURRENT
LIABILITIES

214,195

216,432

PROVISIONS FOR LIABILITIES 5,932 6,698
NET ASSETS 208,263 209,734

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 208,261 209,732
208,263 209,734

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 May 2026 and were signed by:





Mr A A Bly - Director


THE-RED-LIMIT LIMITED (REGISTERED NUMBER: 09024124)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026

1. STATUTORY INFORMATION

The-Red-Limit 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.

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.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of value added tax and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from sale of services is recognised when the stage of completion of the transaction can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are stated at historical cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

THE-RED-LIMIT LIMITED (REGISTERED NUMBER: 09024124)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2026

2. ACCOUNTING POLICIES - continued

Financial instruments
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.

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 statement of comprehensive income and under administrative expenses.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
The company contributes into the Director's personal pension scheme. Contributions to the scheme are charged to the profit and loss account in the period to which they relate.

Investments
Investments in listed shares are recognised initially at transaction value, including directly attributable transaction costs.

Subsequently, investments are measured at fair value at the reporting date, based on quoted market prices. Changes in fair value are recognised in profit or loss in the period in which they arise.

Investments are derecognised on disposal or when no future economic benefits are expected to arise from the investment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

THE-RED-LIMIT LIMITED (REGISTERED NUMBER: 09024124)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2026

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2025 44,056 5,019 49,075
Additions - 3,411 3,411
At 31 March 2026 44,056 8,430 52,486
DEPRECIATION
At 1 April 2025 18,664 3,621 22,285
Charge for year 5,079 1,396 6,475
At 31 March 2026 23,743 5,017 28,760
NET BOOK VALUE
At 31 March 2026 20,313 3,413 23,726
At 31 March 2025 25,392 1,398 26,790

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Trade debtors 7,426 49,966
Other debtors 2,094 2,106
9,520 52,072

6. CURRENT ASSET INVESTMENTS
2026 2025
£    £   
Listed investments 37,528 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Taxation and social security 29,551 52,382
Other creditors 2,874 2,257
32,425 54,639