REGISTERED NUMBER: 10325267 (England and Wales)

Financial Statements

for the Year Ended 31 August 2025

for

Red Devils IT Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

J C Rhind

D G Rhind

SECRETARY:

J C Rhind

REGISTERED OFFICE:

c/o Parker Cavendish, Suite 301

Stanmore Business and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

REGISTERED NUMBER:

10325267 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Tangible assets

4

7,356

8,266

Investments

5

10,000

10,000

17,356

18,266

CURRENT ASSETS

Debtors

6

25,861

31,355

Cash at bank

63,355

33,366

89,216

64,721

CREDITORS

Amounts falling due within one year

7

(100,758

)

(35,130

)

NET CURRENT (LIABILITIES)/ASSETS

(11,542

)

29,591

TOTAL ASSETS LESS CURRENT LIABILITIES

5,814

47,857

CREDITORS

Amounts falling due after more than one year

8

-

(9,998

)

NET ASSETS

5,814

37,859

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

5,812

37,857

5,814

37,859

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 29 May 2026 and were signed on its behalf by:

D G Rhind - Director

1.	STATUTORY INFORMATION

Red Devils IT 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.

Turnover

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

Income is recognised on the raising of an invoice once the service has been provided.

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

-

25% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

22,609

Additions

2,683

At 31 August 2025

25,292

DEPRECIATION

At 1 September 2024

14,343

Charge for year

3,593

At 31 August 2025

17,936

NET BOOK VALUE

At 31 August 2025

7,356

At 31 August 2024

8,266

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 September 2024

and 31 August 2025

10,000

NET BOOK VALUE

At 31 August 2025

10,000

At 31 August 2024

10,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

(1

)

-

Other debtors

25,862

31,355

25,861

31,355

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

9,998

10,000

Trade creditors

-

3,275

Taxation and social security

20,532

17,443

Other creditors

70,228

4,412

100,758

35,130

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

9,998

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other creditors at the year end is an aggregate amount of £67,478 ((2024: £1,662) due to the directors D G Rhind and J C Rhind. During the year, interest of £nil (2024: £1,272) was charged by the company at a rate of between 2.25% - 3.75% whilst the accounts were overdrawn.

There have been no other advances which individually were considered material and no other individual advances exceeding £20,000 to the directors during the year under review.