RED LIGHT MAN LTD

2021-04-012022-03-312022-03-31false11915525RED LIGHT MAN LTD2022-12-21iso4217:GBPxbrli:pure119155252021-04-01119155252022-03-31119155252021-04-012022-03-31119155252020-04-01119155252021-03-31119155252020-04-012021-03-3111915525bus:SmallEntities2021-04-012022-03-3111915525bus:AuditExempt-NoAccountantsReport2021-04-012022-03-3111915525bus:FullAccounts2021-04-012022-03-3111915525bus:PrivateLimitedCompanyLtd2021-04-012022-03-3111915525core:WithinOneYear2022-03-3111915525core:AfterOneYear2022-03-3111915525core:WithinOneYear2021-03-3111915525core:AfterOneYear2021-03-3111915525core:ShareCapital2022-03-3111915525core:SharePremium2022-03-3111915525core:RevaluationReserve2022-03-3111915525core:OtherReservesSubtotal2022-03-3111915525core:RetainedEarningsAccumulatedLosses2022-03-3111915525core:ShareCapital2021-03-3111915525core:SharePremium2021-03-3111915525core:RevaluationReserve2021-03-3111915525core:OtherReservesSubtotal2021-03-3111915525core:RetainedEarningsAccumulatedLosses2021-03-3111915525core:LandBuildings2022-03-3111915525core:PlantMachinery2022-03-3111915525core:Vehicles2022-03-3111915525core:FurnitureFittings2022-03-3111915525core:OfficeEquipment2022-03-3111915525core:NetGoodwill2022-03-3111915525core:IntangibleAssetsOtherThanGoodwill2022-03-3111915525core:ListedExchangeTraded2022-03-3111915525core:UnlistedNon-exchangeTraded2022-03-3111915525core:LandBuildings2021-03-3111915525core:PlantMachinery2021-03-3111915525core:Vehicles2021-03-3111915525core:FurnitureFittings2021-03-3111915525core:OfficeEquipment2021-03-3111915525core:NetGoodwill2021-03-3111915525core:IntangibleAssetsOtherThanGoodwill2021-03-3111915525core:ListedExchangeTraded2021-03-3111915525core:UnlistedNon-exchangeTraded2021-03-3111915525core:LandBuildings2021-04-012022-03-3111915525core:PlantMachinery2021-04-012022-03-3111915525core:Vehicles2021-04-012022-03-3111915525core:FurnitureFittings2021-04-012022-03-3111915525core:OfficeEquipment2021-04-012022-03-3111915525core:NetGoodwill2021-04-012022-03-3111915525core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3111915525core:ListedExchangeTraded2021-04-012022-03-3111915525core:UnlistedNon-exchangeTraded2021-04-012022-03-3111915525core:MoreThanFiveYears2021-04-012022-03-3111915525core:Non-currentFinancialInstruments2022-03-3111915525core:Non-currentFinancialInstruments2021-03-3111915525dpl:CostSales2021-04-012022-03-3111915525dpl:DistributionCosts2021-04-012022-03-3111915525dpl:AdministrativeExpenses2021-04-012022-03-3111915525core:LandBuildings2021-04-012022-03-3111915525core:PlantMachinery2021-04-012022-03-3111915525core:Vehicles2021-04-012022-03-3111915525core:FurnitureFittings2021-04-012022-03-3111915525core:OfficeEquipment2021-04-012022-03-3111915525core:NetGoodwill2021-04-012022-03-3111915525core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3111915525dpl:GroupUndertakings2021-04-012022-03-3111915525dpl:ParticipatingInterests2021-04-012022-03-3111915525dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3111915525core:ListedExchangeTraded2021-04-012022-03-3111915525dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3111915525core:UnlistedNon-exchangeTraded2021-04-012022-03-3111915525dpl:CostSales2020-04-012021-03-3111915525dpl:DistributionCosts2020-04-012021-03-3111915525dpl:AdministrativeExpenses2020-04-012021-03-3111915525core:LandBuildings2020-04-012021-03-3111915525core:PlantMachinery2020-04-012021-03-3111915525core:Vehicles2020-04-012021-03-3111915525core:FurnitureFittings2020-04-012021-03-3111915525core:OfficeEquipment2020-04-012021-03-3111915525core:NetGoodwill2020-04-012021-03-3111915525core:IntangibleAssetsOtherThanGoodwill2020-04-012021-03-3111915525dpl:GroupUndertakings2020-04-012021-03-3111915525dpl:ParticipatingInterests2020-04-012021-03-3111915525dpl:GroupUndertakingscore:ListedExchangeTraded2020-04-012021-03-3111915525core:ListedExchangeTraded2020-04-012021-03-3111915525dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-04-012021-03-3111915525core:UnlistedNon-exchangeTraded2020-04-012021-03-3111915525core:NetGoodwill2022-03-3111915525core:IntangibleAssetsOtherThanGoodwill2022-03-3111915525core:LandBuildings2022-03-3111915525core:PlantMachinery2022-03-3111915525core:Vehicles2022-03-3111915525core:FurnitureFittings2022-03-3111915525core:OfficeEquipment2022-03-3111915525core:AfterOneYear2022-03-3111915525core:WithinOneYear2022-03-3111915525core:ListedExchangeTraded2022-03-3111915525core:UnlistedNon-exchangeTraded2022-03-3111915525core:ShareCapital2022-03-3111915525core:SharePremium2022-03-3111915525core:RevaluationReserve2022-03-3111915525core:OtherReservesSubtotal2022-03-3111915525core:RetainedEarningsAccumulatedLosses2022-03-3111915525core:NetGoodwill2021-03-3111915525core:IntangibleAssetsOtherThanGoodwill2021-03-3111915525core:LandBuildings2021-03-3111915525core:PlantMachinery2021-03-3111915525core:Vehicles2021-03-3111915525core:FurnitureFittings2021-03-3111915525core:OfficeEquipment2021-03-3111915525core:AfterOneYear2021-03-3111915525core:WithinOneYear2021-03-3111915525core:ListedExchange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RED LIGHT MAN LTD

Registered Number
11915525
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2022

RED LIGHT MAN LTD

Company Information
for the year from 1 April 2021 to 31 March 2022


Directors	HOLLINS-GIBSON, Joseph


Registered Address	Suite 312 Atlas House Caxton Close
	Wigan
	WN3 6XU


Registered Number	11915525 (England and Wales)

RED LIGHT MAN LTD

Balance Sheet as at
31 March 2022

	Notes	2022		2021
		£	£	£	£
Fixed assets
Tangible assets	6		303		501
			303		501
Current assets
Debtors	7	16,026		1,625
Cash at bank and on hand		249,386		295,863
		265,412		297,488
Creditors amounts falling due within one year	8	(39,334)		(82,005)
Net current assets (liabilities)			226,078		215,483
Total assets less current liabilities			226,381		215,984
Net assets			226,381		215,984
Capital and reserves
Called up share capital			100		100
Profit and loss account			226,281		215,884
Shareholders' funds			226,381		215,984

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Director on 21 December 2022, and are signed on its behalf by:

HOLLINS-GIBSON, Joseph
Director
Registered Company No. 11915525

RED LIGHT MAN LTD

Notes to the Financial Statements
for the year ended 31 March 2022

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Principal activities
	Principal activity is that of retail.

4.	Accounting policies

	Turnover policy
	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.

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Revenue recognition policy
	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.

Revenue recognition policy

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.

	Taxation policy
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Employee benefits policy
	Contributions to defined contribution plans are expensed in the period to which they relate.

5.	Employee information


		2022		2021
	Average number of employees during the year	3		2

6.	Property, plant and equipment

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 21	179	74	554	807
At 31 March 22	179	74	554	807
Depreciation and impairment
At 01 April 21	75	23	208	306
Charge for year	45	15	138	198
At 31 March 22	120	38	346	504
Net book value
At 31 March 22	59	36	208	303
At 31 March 21	104	51	346	501

7.	Debtors

	2022	2021
	£	£
Trade debtors / trade receivables	2,456	639
Other debtors	13,570	986
Total	16,026	1,625


	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.

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.

8.	Creditors within one year

	2022	2021
	£	£
Trade creditors / trade payables	3,222	4,264
Taxation and social security	36,112	37,904
Other creditors	-	39,837
Total	39,334	82,005


	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.