Redline Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: 03648644

		2025		2024
	Notes	€	€	€	€
FIXED ASSETS
Investments	4		-		230,000

			-		230,000
CURRENT ASSETS
Debtors	5	-		190,454
Cash at bank and in hand		-		339

		-		190,793
Creditors: Amounts Falling Due Within One Year	6	-		(37,980 )

NET CURRENT ASSETS (LIABILITIES)			-		152,813

TOTAL ASSETS LESS CURRENT LIABILITIES			-		382,813

Creditors: Amounts Falling Due After More Than One Year	7		-		(318,739 )

NET ASSETS			-		64,074

CAPITAL AND RESERVES
Called up share capital	8		120		120
Other reserves			329,673		-
Income Statement			(329,793 )		63,954

SHAREHOLDERS' FUNDS			-		64,074

Page 1

Page 2

Redline Limited

Statement of Financial Position (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mrs Kyriacou Skordis

Director

8 May 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Redline Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03648644 . The registered office is 156a Burnt Oak Broadway, Edgware, Middlesex, HA8 0AX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are the final statutory accounts of the company and have been prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements are prepared in Euro, which is the functional currency of the entity.

2.2. Going Concern Disclosure

The director has concluded that it is not appropriate to prepare these financial statements on the going concern basis. Following the cessation of trading, the director has resolved to apply for the voluntary striking off and dissolution of the company pursuant to section 1003 of the Companies Act 2006. Accordingly, these financial statements have been prepared on a breakup basis. Assets have been stated at the lower of cost and net realisable value and all liabilities have been recognised in full. The directors are satisfied that, at the date of approval of these financial statements, all known liabilities have been provided for and that assets are carried at amounts expected to be recovered on dissolution.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Investments

	Unlisted
	€
Cost or Valuation
As at 1 December 2024	230,000

As at 30 November 2025	230,000

Provision
As at 1 December 2024	-
Impairment losses	230,000

As at 30 November 2025	230,000

Net Book Value
As at 30 November 2025	-

As at 1 December 2024	230,000

During the financial year, impairment losses totalling €230,000 were recognised in the Income Statement in respect of an investment, thereby fully impairing that investment.

5. Debtors

	2025	2024
	€	€
Due within one year
Trade debtors	-	15,000
Other debtors	-	175,454

	-	190,454

In the period, the director reviewed all debtor balances in the context of the company's cessation of trading and preparation of these financial statements on a breakup basis. Other debtor balances totalling €175,454 were determined to be unrecoverable and have been written off accordingly.

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Redline Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	€	€
Trade creditors	-	26,268
Bank loans and overdrafts	-	5
Other creditors	-	11,707

	-	37,980

In the period, the director reviewed all creditor balances in the context of the company's cessation of trading and preparation of these financial statements on a breakup basis. Other creditor balances of €11,707 were assessed as no longer payable and have been written back in full. These amounts have been credited to other operating income in the income statement.

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	€	€
Shareholders loan	-	318,739

8. Share Capital

	2025	2024
	€	€
Allotted, Called up and fully paid	120	120

9. Related Party Transactions

During the period, the shareholder waived his loan to the company. The waiver was credited to Other reserves in Equity.