Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 09677462 K Howell Apex Accountancy Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09677462 2023-05-31 09677462 2024-05-31 09677462 2023-06-01 2024-05-31 09677462 frs-core:CurrentFinancialInstruments 2024-05-31 09677462 frs-core:MotorVehicles 2024-05-31 09677462 frs-core:MotorVehicles 2023-06-01 2024-05-31 09677462 frs-core:MotorVehicles 2023-05-31 09677462 frs-core:PlantMachinery 2024-05-31 09677462 frs-core:PlantMachinery 2023-06-01 2024-05-31 09677462 frs-core:PlantMachinery 2023-05-31 09677462 frs-core:ShareCapital 2024-05-31 09677462 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09677462 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09677462 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 09677462 frs-bus:SmallEntities 2023-06-01 2024-05-31 09677462 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09677462 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09677462 frs-bus:Director1 2023-06-01 2024-05-31 09677462 frs-bus:Director1 2023-05-31 09677462 frs-bus:Director1 2024-05-31 09677462 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 09677462 frs-countries:EnglandWales 2023-06-01 2024-05-31 09677462 2022-05-31 09677462 2023-05-31 09677462 2022-06-01 2023-05-31 09677462 frs-core:CurrentFinancialInstruments 2023-05-31 09677462 frs-core:ShareCapital 2023-05-31 09677462 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 09677462
RDX Supplies Ltd
Financial Statements
For The Year Ended 31 May 2024
Apex Partners LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09677462
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 68,750 54,669
68,750 54,669
CURRENT ASSETS
Debtors 5 50,029 38,275
Cash at bank and in hand 4,556 30,680
54,585 68,955
Creditors: Amounts Falling Due Within One Year 6 (47,696 ) (46,993 )
NET CURRENT ASSETS (LIABILITIES) 6,889 21,962
TOTAL ASSETS LESS CURRENT LIABILITIES 75,639 76,631
NET ASSETS 75,639 76,631
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 75,638 76,630
SHAREHOLDERS' FUNDS 75,639 76,631
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For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
K Howell
Director
26th September 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
RDX Supplies Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09677462 . The registered office is Hildenbrook House, The Slade, Tonbridge, Kent, TN9 1HR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10% Straight Line
Motor Vehicles 10% Straight Line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 June 2023 38,000 31,299 69,299
Additions - 23,345 23,345
As at 31 May 2024 38,000 54,644 92,644
Depreciation
As at 1 June 2023 8,500 6,130 14,630
Provided during the period 3,800 5,464 9,264
As at 31 May 2024 12,300 11,594 23,894
Net Book Value
As at 31 May 2024 25,700 43,050 68,750
As at 1 June 2023 29,500 25,169 54,669
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 45,695 18,199
Amounts owed by group undertakings 4,334 -
Other debtors - 20,076
50,029 38,275
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,026 2,301
Bank loans and overdrafts 10,938 15,689
Amounts owed to group undertakings - 116
Other creditors 1,376 -
Taxation and social security 27,356 28,887
47,696 46,993
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 June 2023 Amounts advanced Amounts repaid Amounts written off As at 31 May 2024
£ £ £ £ £
Mr Kevin Howell 19,926 - 19,926 - -
Interest has been charged on the Loan to the Director at a commercial interest rate. Loan of £19,926 was repaid during this Financial Year.
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