Red Tubby Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13957768

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		29,672		37,080

			29,672		37,080
CURRENT ASSETS
Debtors	5	16,508		13,615
Cash at bank and in hand		6,973		2,109

		23,481		15,724
Creditors: Amounts Falling Due Within One Year	6	(26,112 )		(20,995 )

NET CURRENT ASSETS (LIABILITIES)			(2,631 )		(5,271 )

TOTAL ASSETS LESS CURRENT LIABILITIES			27,041		31,809

Creditors: Amounts Falling Due After More Than One Year	7		(11,868 )		(16,722 )

NET ASSETS			15,173		15,087

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			15,073		14,987

SHAREHOLDERS' FUNDS			15,173		15,087

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Red Tubby Ltd

Balance Sheet (continued)

As At 31 March 2026

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 directors acknowledge their 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 Profit and Loss Account.

On behalf of the board

Mr Jamie Harding

Director

24/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Red Tubby Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13957768 . The registered office is The Maltings - Space 2B, East Tyndall Street, Caerdydd, CF24 5EA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	3 years straight line
Motor Vehicles	25% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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Red Tubby Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2025	45,847	35,808	81,655
Additions	9,781	-	9,781
Disposals	(650 )	-	(650 )

As at 31 March 2026	54,978	35,808	90,786

Depreciation
As at 1 April 2025	27,870	16,705	44,575
Provided during the period	12,106	4,776	16,882
Disposals	(343 )	-	(343 )

As at 31 March 2026	39,633	21,481	61,114

Net Book Value
As at 31 March 2026	15,345	14,327	29,672

As at 1 April 2025	17,977	19,103	37,080

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2026	2025
	£	£
Plant & Machinery	2,281	931
Motor Vehicles	12,933	15,583

	15,214	16,514

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	9,331	4,420
Prepayments and accrued income	7,176	9,195
Net wages	1	-

	16,508	13,615

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Red Tubby Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	7,588	5,861
Corporation tax	52	52
Other taxes and social security	-	210
VAT	2,328	773
Other creditors	7,050	1,981
Accruals and deferred income	1,118	1,119
Directors' loan accounts	7,976	10,999

	26,112	20,995

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

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	11,868	16,722

8. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	7,588	5,861
Later than one year and not later than five years	11,868	16,722

	19,456	22,583

	19,456	22,583

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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