Company Registration No. 08697032 (England and Wales)
RAD ONE LTD
Unaudited accounts
for the year ended 30 September 2023
RAD ONE LTD
Unaudited accounts
Contents
RAD ONE LTD
Company Information
for the year ended 30 September 2023
Directors
HUGHES, Russell
MOBBS, Andrew
Company Number
08697032 (England and Wales)
Registered Office
32 BARNMEAD
HAYWARDS HEATH
RH16 1UZ
ENGLAND
Accountants
PERSONA FINANCE LIMITED
63/66 HATTON GARDEN
LONDON
GREATER LONDON
EC1N 6LE
RAD ONE LTD
Statement of financial position
as at 30 September 2023
Tangible assets
7,394
5,932
Inventories
760,637
154,319
Cash at bank and in hand
70,033
104,885
Creditors: amounts falling due within one year
(614,284)
(235,441)
Net current assets
358,406
47,644
Total assets less current liabilities
365,800
53,576
Provisions for liabilities
Called up share capital
2
2
Capital contribution reserve
472,190
-
Profit and loss account
(107,177)
53,367
Shareholders' funds
365,015
53,369
For the year ending 30 September 2023 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 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 of Directors and authorised for issue on 24 April 2024 and were signed on its behalf by
HUGHES, Russell
Director
Company Registration No. 08697032
RAD ONE LTD
Notes to the Accounts
for the year ended 30 September 2023
RAD ONE LTD is a private company, limited by shares, registered in England and Wales, registration number 08697032. The registered office is 32 BARNMEAD, HAYWARDS HEATH, RH16 1UZ, 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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Other tangible fixed assets
50% straight line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
11,485
-
11,485
Additions
1,660
2,221
3,881
At 30 September 2023
13,145
2,221
15,366
At 1 October 2022
5,553
-
5,553
Charge for the year
1,675
744
2,419
At 30 September 2023
7,228
744
7,972
At 30 September 2023
5,917
1,477
7,394
At 30 September 2022
5,932
-
5,932
RAD ONE LTD
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
134,130
23,578
Amounts falling due after more than one year
Accrued income and prepayments
7,890
-
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
546,353
977
Taxes and social security
54,436
49,911
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).