Company Registration No. 14571145 (England and Wales)
House of Red Limited
Unaudited accounts
for the year ended 31 March 2026
House of Red Limited
Unaudited accounts
Contents
House of Red Limited
Company Information
for the year ended 31 March 2026
Company Number
14571145 (England and Wales)
Registered Office
1 WYETHS ROAD
EPSOM
KT17 4EB
ENGLAND
Accountants
Maxwell-Gumbleton & Co.
1 West Street
Lewes
East Sussex
BN7 2NZ
House of Red Limited
Statement of financial position
as at 31 March 2026
Cash at bank and in hand
116,891
67,620
Creditors: amounts falling due within one year
(135,724)
(87,144)
Net current assets
40,220
15,132
Total assets less current liabilities
44,136
15,533
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
43,391
15,532
Shareholders' funds
43,392
15,533
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 June 2026 and were signed on its behalf by
R Elliott
Director
Company Registration No. 14571145
House of Red Limited
Notes to the Accounts
for the year ended 31 March 2026
House of Red Limited is a private company, limited by shares, registered in England and Wales, registration number 14571145. The registered office is 1 WYETHS ROAD, EPSOM, KT17 4EB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 year straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
House of Red Limited
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2025
-
1,208
1,208
At 31 March 2026
4,894
1,208
6,102
Charge for the year
979
400
1,379
At 31 March 2026
979
1,207
2,186
At 31 March 2026
3,915
1
3,916
At 31 March 2025
-
401
401
Amounts falling due within one year
Accrued income and prepayments
2,027
1,596
Other debtors
40,906
33,060
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
7,415
5,732
Loans from directors
5,216
9,558
Deferred income
92,611
55,486
7
Deferred taxation
2026
2025
Accelerated capital allowances
744
-
Charged to the profit and loss account
744
-
Provision at end of year
744
-
House of Red Limited
Notes to the Accounts
for the year ended 31 March 2026
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).