Company Registration No. NI609440 (Northern Ireland)
RADARDISC LTD
Unaudited accounts
for the year ended 31 October 2023
RADARDISC LTD
Unaudited accounts
Contents
RADARDISC LTD
Company Information
for the year ended 31 October 2023
Company Number
NI609440 (Northern Ireland)
Registered Office
14 Tullyrusk Road
Belfast
BT29 4JA
Accountants
Aidhan and Partners
Simply Accountants Ltd
8 Devonshire Square
London
EC2M 4PL
RADARDISC LTD
Statement of financial position
as at 31 October 2023
Investment property
125,909
125,909
Investments
106,066
274,038
Cash at bank and in hand
2,961
110,174
Creditors: amounts falling due within one year
(11,216)
(38,509)
Net current assets
98,039
345,996
Net assets
224,127
472,648
Called up share capital
100
100
Profit and loss account
224,027
472,548
Shareholders' funds
224,127
472,648
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 18 July 2024 and were signed on its behalf by
Rory Mckeown
Director
Company Registration No. NI609440
RADARDISC LTD
Notes to the Accounts
for the year ended 31 October 2023
RADARDISC LTD is a private company, limited by shares, registered in Northern Ireland, registration number NI609440. The registered office is 14 Tullyrusk Road, Belfast, BT29 4JA.
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.
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% on cost using the straight line method.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
RADARDISC LTD
Notes to the Accounts
for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery
Fair value at 1 November 2022
125,909
At 31 October 2023
125,909
Amounts falling due within one year
7
Investments held as current assets
2023
2022
Unlisted investments
106,066
274,038
8
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
30,227
Loans from directors
11,097
8,282
Allotted, called up and fully paid:
10,000 Ordinary shares of £0.01 each
100
100
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).