ACCOUNTS - Final Accounts preparation

Registered number: 03340030

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2025

	RED ARROW SOFTWARE LIMITED


RED ARROW SOFTWARE LIMITED

COMPANY INFORMATION

Directors	Mr N J Gebbett
	Mr C J Gray
	Mrs D Gebbett


Company secretary	Mrs K M Gebbett


Registered number	03340030


Registered office	Unit 9 Romsey Industrial Estate
	Greatbridge Road
	Romsey
	Hampshire
	SO51 0HR


Accountants	Menzies LLP
	Chartered Accountants
	3000a Parkway
	Whiteley
	Hampshire
	PO15 7FX


RED ARROW SOFTWARE LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 7


RED ARROW SOFTWARE LIMITED REGISTERED NUMBER:03340030

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	5		192		420
			192		420
Current assets
Debtors: amounts falling due within one year	6	30,944		72,846
Cash at bank and in hand		3,553		3,923
		34,497		76,769
Creditors: amounts falling due within one year	7	(844,771)		(678,114)
Net current liabilities			(810,274)		(601,345)
Total assets less current liabilities			(810,082)		(600,925)

Net liabilities			(810,082)		(600,925)

Page 1


RED ARROW SOFTWARE LIMITED REGISTERED NUMBER:03340030

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2025

		2025		2024
		£		£

Capital and reserves
Called up share capital	300	300
Profit and loss account	(810,382)	(601,225)
	(810,082)	(600,925)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Mr N J Gebbett

Director

Date: 14 September 2026

The notes on pages 3 to 7 form part of these financial statements.

Page 2


RED ARROW SOFTWARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Red Arrow Software Limited is a private company limited by shares, registered in England and Wales. The address of its registered office is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

At the balance sheet date the company's liabilities exceeded its assets. This is largely a result of amounts due to group companies who have provided loan facilities. These group companies have confirmed that these loans will not be recalled until the company has adequate resources to repay them.

As a result the directors have reasonable expectation that the company has adequate resources to continue operational existence for the forseeable future. For this reason the directors continue to adopt concern basis of accounting in preparing the annual financial statements.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3


RED ARROW SOFTWARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings	-	20%	straight line
Equipment	-	20%	straight line
Telephone Equipment	-	20%	straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4


RED ARROW SOFTWARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.11

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Employees

The average monthly number of employees, including directors, during the year was 6 (2024 -3).

Page 5


RED ARROW SOFTWARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

4.	Intangible assets

		Research and Development
		£
	Cost
	At 1 January 2025	57,645
	At 31 December 2025	57,645
	Amortisation
	At 1 January 2025	57,645
	At 31 December 2025	57,645
	Net book value
	At 31 December 2025	-
	At 31 December 2024	-

5.	Tangible fixed assets

	Fixtures and fittings	Equipment	Telephone Equipment	Total
	£	£	£	£
Cost or valuation
At 1 January 2025	9,173	21,649	782	31,604
At 31 December 2025	9,173	21,649	782	31,604
Depreciation
At 1 January 2025	9,173	21,230	782	31,185
Charge for the year on owned assets	-	227	-	227
At 31 December 2025	9,173	21,457	782	31,412
Net book value
At 31 December 2025	-	192	-	192
At 31 December 2024	-	420	-	420

Page 6


RED ARROW SOFTWARE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Debtors

					2025	2024
					£	£


Trade debtors	4,602	46,491
Prepayments and accrued income	2,138	2,151
Tax recoverable	24,204	24,204
	30,944	72,846

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	543	105
Amounts owed to group undertakings	835,092	660,601
Other taxation and social security	2,517	11,769
Other creditors	728	530
Accruals and deferred income	5,891	5,109
	844,771	678,114

8.	Transactions with directors

At the year end date amounts owing to a director by the company totalled £529 (2024 - £529). This loan is interest free and repayable on demand.

Page 7