Red Giant Recruitment Ltd - Filleted accounts

Red Giant Recruitment Ltd
Registered number:		10454490
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		67,350			4,087

Current assets
Debtors	4	-			5,917
Cash at bank and in hand		27,966			13,659
		27,966			19,576

Creditors: amounts falling due within one year	5	10,230			7,127

Net current assets			38,196			26,703

Total assets less current liabilities			105,546			30,790

Creditors: amounts falling due after more than one year	6		(105,307)			(28,082)

Net assets			239			2,708

Capital and reserves
Called up share capital			202			202
Profit and loss account			37			2,506

Shareholders' funds			239			2,708

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Robert Nathan
Director
Approved by the board on 15 September 2026

Red Giant Recruitment Ltd
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicle			over 4 years
	Fixtures, fittings, tools and equipment			over 3 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					3		2


3	Tangible fixed assets
				Plant and machinery etc		Equipment, Fixtures & Fittings		Total
£					£		£
	Cost
	At 1 March 2025			8,200		-		8,200
	Additions			-		86,642		86,642
	At 28 February 2026			8,200		86,642		94,842

	Depreciation
	At 1 March 2025			4,113		-		4,113
	Charge for the year			-		23,379		23,379
	At 28 February 2026			4,113		23,379		27,492

	Net book value
	At 28 February 2026			4,087		63,263		67,350
	At 28 February 2025			4,087		-		4,087


4	Debtors					2026		2025
£							£

	Trade debtors					-		5,917


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					4,601		-
	Obligations under finance lease and hire purchase contracts					2,042		3,325
	Trade creditors					-		973
	Taxation and social security costs					(3,052)		9,439
	Other creditors					(13,821)		(20,864)
						(10,230)		(7,127)


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					27,191		28,082
	Obligations under finance lease and hire purchase contracts					78,116		-
						105,307		28,082


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Robert Nathan
	[Loan 1]	22,476		27,814		(22,476)		27,814

		22,476		27,814		(22,476)		27,814


8	Related party transactions					2026		2025
£							£
	Robert Nathan					27,814		22,476

						27,814		22,476

9	Controlling party

	During the year, the company was wholly under the control of director.


10	Other information

	Red Giant Recruitment Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	20-22 Wenlock Road
	London
	England
	N1 7GU