REGISTERED NUMBER: 13287089 (England and Wales)

Red Stag Limited

Unaudited Financial Statements for the Year Ended 31 March 2026

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J P Hadley

Mrs T L Hadley

REGISTERED OFFICE:

4 King Square

Bridgwater

Somerset

TA6 3YF

REGISTERED NUMBER:

13287089 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

Starling Bank

3rd Floor

2 Finsbury Avenue

London

EC2M 2PP

FIXED ASSETS

Tangible assets

5

47,446

30,097

CURRENT ASSETS

Debtors

3,441

18,663

Cash at bank

25,837

4,762

29,278

23,425

CREDITORS

Amounts falling due within one year

50,929

31,600

NET CURRENT LIABILITIES

(21,651

)

(8,175

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,795

21,922

CREDITORS

Amounts falling due after more than one year

(2,562

)

(13,085

)

PROVISIONS FOR LIABILITIES

(6,370

)

(7,524

)

NET ASSETS

16,863

1,313

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

16,861

1,311

SHAREHOLDERS' FUNDS

16,863

1,313

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 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2026 and were signed on its behalf by:

J P Hadley - Director

1.	STATUTORY INFORMATION

Red Stag 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost, 25% on reducing balance, 15% on reducing balance and 10% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

44,693

Additions

43,852

Disposals

(26,856

)

At 31 March 2026

61,689

DEPRECIATION

At 1 April 2025

14,596

Charge for year

7,415

Eliminated on disposal

(7,768

)

At 31 March 2026

14,243

NET BOOK VALUE

At 31 March 2026

47,446

At 31 March 2025

30,097

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 April 2025

24,995

Disposals

(24,995

)

Reclassification/transfer

13,177

At 31 March 2026

13,177

DEPRECIATION

At 1 April 2025

2,500

Charge for year

2,471

Eliminated on disposal

(2,500

)

Reclassification/transfer

3,294

At 31 March 2026

5,765

NET BOOK VALUE

At 31 March 2026

7,412

At 31 March 2025

22,495

6.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

4,392

9,296

Between one and five years

2,562

13,085

6,954

22,381

Non-cancellable

operating leases

31.3.26

31.3.25

£

£

Within one year

4,591

4,591

Between one and five years

1,530

6,121

6,121

10,712

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Hire purchase contracts

6,954

22,381

The hire purchase liability is secured by way of a specific charge over the financed asset.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

J P Hadley and Mrs T L Hadley

Balance outstanding at start of year

18,663

8,354

Amounts repaid

(20,000

)

(8,354

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(370

)

18,663