IRIS Accounts Production v24.2.0.383 12566814 Board of Directors Board of Directors Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh125668142023-03-31125668142024-03-31125668142023-04-012024-03-31125668142022-03-31125668142022-04-012023-03-31125668142023-03-3112566814ns15:EnglandWales2023-04-012024-03-3112566814ns14:PoundSterling2023-04-012024-03-3112566814ns10:Director12023-04-012024-03-3112566814ns10:Director22023-04-012024-03-3112566814ns10:Director32023-04-012024-03-3112566814ns10:Director42023-04-012024-03-3112566814ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3112566814ns10:SmallEntities2023-04-012024-03-3112566814ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3112566814ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3112566814ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3112566814ns10:FullAccounts2023-04-012024-03-3112566814ns10:RegisteredOffice2023-04-012024-03-3112566814ns5:CurrentFinancialInstruments2024-03-3112566814ns5:CurrentFinancialInstruments2023-03-3112566814ns5:ShareCapital2024-03-3112566814ns5:ShareCapital2023-03-3112566814ns5:RetainedEarningsAccumulatedLosses2024-03-3112566814ns5:RetainedEarningsAccumulatedLosses2023-03-3112566814ns5:PlantMachinery2023-04-012024-03-3112566814ns5:FurnitureFittings2023-04-012024-03-3112566814ns5:MotorVehicles2023-04-012024-03-3112566814ns5:ComputerEquipment2023-04-012024-03-3112566814ns5:PlantMachinery2023-03-3112566814ns5:FurnitureFittings2023-03-3112566814ns5:MotorVehicles2023-03-3112566814ns5:ComputerEquipment2023-03-3112566814ns5:PlantMachinery2024-03-3112566814ns5:FurnitureFittings2024-03-3112566814ns5:MotorVehicles2024-03-3112566814ns5:ComputerEquipment2024-03-3112566814ns5:PlantMachinery2023-03-3112566814ns5:FurnitureFittings2023-03-3112566814ns5:MotorVehicles2023-03-3112566814ns5:ComputerEquipment2023-03-3112566814ns5:ListedExchangeTradedns5:CostValuation2023-03-3112566814ns5:ListedExchangeTradedns5:AdditionsToInvestments2024-03-3112566814ns5:ListedExchangeTradedns5:CostValuation2024-03-3112566814ns5:ListedExchangeTraded2024-03-3112566814ns5:ListedExchangeTraded2023-03-3112566814ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3112566814ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3112566814ns5:WithinOneYear2024-03-3112566814ns5:WithinOneYear2023-03-3112566814ns5:BetweenOneFiveYears2024-03-3112566814ns5:BetweenOneFiveYears2023-03-3112566814ns5:AllPeriods2024-03-3112566814ns5:AllPeriods2023-03-3112566814ns10:Director222023-03-3112566814ns10:Director222022-03-3112566814ns10:Director222023-04-012024-03-3112566814ns10:Director222022-04-012023-03-3112566814ns10:Director222024-03-3112566814ns10:Director222023-03-3112566814ns10:Director332023-03-3112566814ns10:Director332022-03-3112566814ns10:Director332023-04-012024-03-3112566814ns10:Director332022-04-012023-03-3112566814ns10:Director332024-03-3112566814ns10:Director332023-03-3112566814ns10:Director442023-03-3112566814ns10:Director442022-03-3112566814ns10:Director442023-04-012024-03-3112566814ns10:Director442022-04-012023-03-3112566814ns10:Director442024-03-3112566814ns10:Director442023-03-31125668141ns10:Director12023-03-31125668141ns10:Director12022-03-31125668141ns10:Director12023-04-012024-03-31125668141ns10:Director12022-04-012023-03-31125668141ns10:Director12024-03-31125668141ns10:Director12023-03-31
REGISTERED NUMBER: 12566814 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

RADSTOCK PROPERTY LIMITED

RADSTOCK PROPERTY LIMITED (REGISTERED NUMBER: 12566814)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

RADSTOCK PROPERTY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: W Franks
S E Leschallas
A C Leschallas
G W Franks





REGISTERED OFFICE: 20 Havelock Road
Hastings
East Sussex
TN34 1BP





REGISTERED NUMBER: 12566814 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

RADSTOCK PROPERTY LIMITED (REGISTERED NUMBER: 12566814)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,371 8,031
Investments 5 34,583 20,957
42,954 28,988

CURRENT ASSETS
Debtors 6 234,968 141,191
Cash at bank 329,942 415,522
564,910 556,713
CREDITORS
Amounts falling due within one year 7 288,129 173,682
NET CURRENT ASSETS 276,781 383,031
TOTAL ASSETS LESS CURRENT LIABILITIES 319,735 412,019

PROVISIONS FOR LIABILITIES 2,093 2,008
NET ASSETS 317,642 410,011

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 317,542 409,911
317,642 410,011

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

RADSTOCK PROPERTY LIMITED (REGISTERED NUMBER: 12566814)

BALANCE SHEET - continued
31 MARCH 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by:




W Franks - Director A C Leschallas - Director




G W Franks - Director S E Leschallas - Director


RADSTOCK PROPERTY LIMITED (REGISTERED NUMBER: 12566814)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Radstock Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties.
As a result the going concern basis of accounting has been adopted.

Turnover
Turnover is recognised on the date of exchange of the properties.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

RADSTOCK PROPERTY LIMITED (REGISTERED NUMBER: 12566814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 763 226 6,050 6,280 13,319
Additions 1,642 - 898 749 3,289
At 31 March 2024 2,405 226 6,948 7,029 16,608
DEPRECIATION
At 1 April 2023 275 15 1,921 3,077 5,288
Charge for year 179 42 990 1,738 2,949
At 31 March 2024 454 57 2,911 4,815 8,237
NET BOOK VALUE
At 31 March 2024 1,951 169 4,037 2,214 8,371
At 31 March 2023 488 211 4,129 3,203 8,031

5. FIXED ASSET INVESTMENTS
Investments
£   
COST
At 1 April 2023 20,957
Additions 13,626
At 31 March 2024 34,583
NET BOOK VALUE
At 31 March 2024 34,583
At 31 March 2023 20,957

6. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 108,260 100,998
Other debtors 10,000 10,000
Tax 20,313 7,150
Prepayments 35,395 1,043
173,968 119,191

Amounts falling due after more than one year:
Directors' loan accounts 61,000 22,000

Aggregate amounts 234,968 141,191

RADSTOCK PROPERTY LIMITED (REGISTERED NUMBER: 12566814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 108,543 61,839
Tax 97,388 94,679
Social security and other taxes 249 -
VAT 19,049 14,521
Other creditors 2 2
Accruals and deferred income 60,000 -
Accrued expenses 2,898 2,641
288,129 173,682

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 31.3.23
£    £   
Within one year 9,600 7,141
Between one and five years 3,054 6,546
12,654 13,687

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
A C Leschallas
Balance outstanding at start of year 22,000 22,000
Amounts advanced 6,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 28,000 22,000

G W Franks
Balance outstanding at start of year - -
Amounts advanced 13,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 13,000 -

S E Leschallas
Balance outstanding at start of year - -
Amounts advanced 10,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,000 -

RADSTOCK PROPERTY LIMITED (REGISTERED NUMBER: 12566814)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

W Franks
Balance outstanding at start of year - -
Amounts advanced 10,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,000 -

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
RADSTOCK PROPERTY LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Radstock Property Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Radstock Property Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Radstock Property Limited and state those matters that we have agreed to state to the Board of Directors of Radstock Property Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Radstock Property Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Radstock Property Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Radstock Property Limited. You consider that Radstock Property Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Radstock Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


7 August 2024