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Registration number: 05269938

Red 100 Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

Red 100 Limited

Contents

Company Information | 1
Balance Sheet | 2
Statement of Changes in Equity | 3
Notes to the Financial Statements | 4 to 7

Red 100 Limited

Company Information

Directors | S S Phillips G Oddy

Company secretary | G Oddy

Registered office | 3 Warners Mill Silks Way Braintree Essex England CM7 3GB

Bankers | Barclays Bank Plc 9 High Street Colchester Essex CO1 1DA

Accountants | Lambert Chapman LLP Chartered Accountants3 Warners Mill Silks Way Braintree Essex CM7 3GB

Red 100 Limited

(Registration number: 05269938)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 63,983 | 81,466
Current assets |  |  |
Debtors | 5 | 122,823 | 175,098
Cash at bank and in hand |  | 200,006 | 139,660
|  | 322,829 | 314,758
Creditors: Amounts falling due within one year | 6 | (81,450) | (82,354)
Net current assets |  | 241,379 | 232,404
Total assets less current liabilities |  | 305,362 | 313,870
Provisions for liabilities |  | (5,663) | (11,749)
Net assets |  | 299,699 | 302,121
Capital and reserves |  |  |
Called up share capital | 7 | 1,000 | 1,000
Retained earnings |  | 298,699 | 301,121
Shareholders' funds |  | 299,699 | 302,121

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 May 2026 and signed on its behalf by:

......................................... S S Phillips Director | ......................................... G Oddy Company secretary and director |

Red 100 Limited

Statement of Changes in Equity for the Year Ended 31 October 2025

| Share capital £ | Retained earnings £ | Total £
At 1 November 2024 | 1,000 | 301,121 | 302,121
Profit for the year | - | 81,578 | 81,578
Dividends | - | (84,000) | (84,000)
At 31 October 2025 | 1,000 | 298,699 | 299,699

| Share capital £ | Retained earnings £ | Total £
At 1 November 2023 | 1,000 | 334,964 | 335,964
Profit for the year | - | 50,157 | 50,157
Dividends | - | (84,000) | (84,000)
At 31 October 2024 | 1,000 | 301,121 | 302,121

Red 100 Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 3 Warners Mill, Silks Way, Braintree, Essex, CM7 3GB, England.

The principal place of business is: Unit 9, Taber Place, Crittall Road, Witham, Essex, CM8 3YP.

These financial statements were authorised for issue by the Board on 13 May 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.
These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises of the fair value of the consideration received or receivable for installing and maintaining air conditioning systems in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Government grants

Government grants have been recognised within the profit and loss account for the accounting period they relate to.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary material differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Red 100 Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 20% reducing balance method
Office equipment | 20% reducing balance method
Motor Vehicles | 25% reducing balance method
Improvements to property | 4% straight line method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand.

Trade debtors

Trade debtors are amounts due from customers in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Long term employee benefits

The holiday year for Red 100 Limited ends at 31 December 2025.
Any unused holiday can only be carried forward at the discretion of the directors. The cost of any unused entitlement is recognised in the period in which the employee's services are received.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2024 - 6).

Red 100 Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

4 | Tangible assets

| Office equipment £ | Motor vehicles £ | Improvements to property £ | Plant and machinery £ | Total £
Cost or valuation
At 1 November 2024 | 30,367 | 97,875 | 36,371 | 16,062 | 180,675
Additions | 708 | - | - | - | 708
Disposals | (1,441) | (17,410) | - | - | (18,851)
At 31 October 2025 | 29,634 | 80,465 | 36,371 | 16,062 | 162,532
Depreciation
At 1 November 2024 | 17,509 | 53,282 | 13,642 | 14,776 | 99,209
Charge for the year | 2,608 | 11,148 | 1,455 | 257 | 15,468
Eliminated on disposal | (1,227) | (14,901) | - | - | (16,128)
At 31 October 2025 | 18,890 | 49,529 | 15,097 | 15,033 | 98,549
Carrying amount
At 31 October 2025 | 10,744 | 30,936 | 21,274 | 1,029 | 63,983
At 31 October 2024 | 12,858 | 44,593 | 22,729 | 1,286 | 81,466

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | 91,709 | 148,058
Other debtors | 15,379 | 9,560
Prepayments | 15,735 | 17,480
| 122,823 | 175,098

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 41,398 | 44,538
Taxation and social security | 3,168 | 3,253
Corporation tax | 28,314 | 18,360
Other creditors | 912 | 6,569
Accruals and deferred income | 7,658 | 9,634
| 81,450 | 82,354

Red 100 Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary A shares of £1 each | 500 | 500 | 500 | 500
Ordinary B shares of £1 each | 500 | 500 | 500 | 500
| 1,000 | 1,000 | 1,000 | 1,000

8 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £28,000 (2024 - £49,000).