REGISTERED NUMBER: 08169295 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

RED KITE NETWORK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Healy

Mrs C Healy

REGISTERED OFFICE:

The Old Church

Park Avenue

Madeley

Telford

Shropshire

TF7 5AB

REGISTERED NUMBER:

08169295 (England and Wales)

ACCOUNTANTS:

D E Ball & Co Limited

Chartered Accountants

15 Bridge Road

Wellington

Telford

Shropshire

TF1 1EB

FIXED ASSETS

Tangible assets

4

30,755

27,458

CURRENT ASSETS

Stocks

5,000

3,000

Debtors

5

155,032

166,875

Cash at bank

16,266

298

176,298

170,173

CREDITORS

Amounts falling due within one year

6

173,372

149,980

NET CURRENT ASSETS

2,926

20,193

TOTAL ASSETS LESS CURRENT LIABILITIES

33,681

47,651

CREDITORS

Amounts falling due after more than one year

7

(32,677

)

(45,997

)

PROVISIONS FOR LIABILITIES

(610

)

(1,364

)

NET ASSETS

394

290

CAPITAL AND RESERVES

Called up share capital

40

2

Retained earnings

354

288

SHAREHOLDERS' FUNDS

394

290

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th May 2026 and were signed on its behalf by:

N Healy - Director

Mrs C Healy - Director

1.	STATUTORY INFORMATION

Red Kite Network 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Improvements to property

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1st September 2024

-

28,294

15,978

44,272

Additions

7,804

2,722

2,052

12,578

Reclassification/transfer

20,665

(20,665

)

-

-

At 31st August 2025

28,469

10,351

18,030

56,850

DEPRECIATION

At 1st September 2024

-

7,288

9,526

16,814

Charge for year

6,007

309

2,965

9,281

Reclassification/transfer

439

(439

)

-

-

At 31st August 2025

6,446

7,158

12,491

26,095

NET BOOK VALUE

At 31st August 2025

22,023

3,193

5,539

30,755

At 31st August 2024

-

21,006

6,452

27,458

5.

DEBTORS

31.8.25

31.8.24

£

£

Amounts falling due within one year:

Trade debtors

59,366

80,268

Other debtors

12,516

9,457

71,882

89,725

Amounts falling due after more than one year:

Other debtors

83,150

77,150

Aggregate amounts

155,032

166,875

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

28,490

30,394

Trade creditors

1,253

9,531

Taxation and social security

139,362

105,538

Other creditors

4,267

4,517

173,372

149,980

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

32,677

45,997

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr N Healy and Mrs C Healy as they co-operate to exercise control.