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REGISTERED NUMBER: 07627219 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Radiantlife ltd

Radiantlife ltd (Registered number: 07627219)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Radiantlife ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: J B Abegunde
Ms T Babatunde





SECRETARY:





REGISTERED OFFICE: 183 Cherry Tree Lane
Rainham
Essex
RM13 8TU





REGISTERED NUMBER: 07627219 (England and Wales)





ACCOUNTANTS: Taxpoint Direct Limited
Chartered Certified Accountants &Tax Consultants
310E Sterling House
Langston Road
Loughton
IG10 3TS

Radiantlife ltd (Registered number: 07627219)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 838,075 845,968

CURRENT ASSETS
Debtors 5 381,392 99,895
Cash at bank and in hand 314,045 584,879
695,437 684,774
CREDITORS
Amounts falling due within one year 6 717,721 610,968
NET CURRENT (LIABILITIES)/ASSETS (22,284 ) 73,806
TOTAL ASSETS LESS CURRENT
LIABILITIES

815,791

919,774

CREDITORS
Amounts falling due after more than one
year

7

191,815

304,821
NET ASSETS 623,976 614,953

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 623,974 614,951
SHAREHOLDERS' FUNDS 623,976 614,953

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

Radiantlife ltd (Registered number: 07627219)

Balance Sheet - continued
31 January 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 30 October 2024 and were signed on its behalf by:





Ms T Babatunde - Director


Radiantlife ltd (Registered number: 07627219)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Radiantlife ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 11 (2023 - 7 ) .

Radiantlife ltd (Registered number: 07627219)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 February 2023
and 31 January 2024 330,000 463,897 39,604
DEPRECIATION
At 1 February 2023 - - 14,365
Charge for year - - 1,184
At 31 January 2024 - - 15,549
NET BOOK VALUE
At 31 January 2024 330,000 463,897 24,055
At 31 January 2023 330,000 463,897 25,239

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 45,588 106,000 985,089
DEPRECIATION
At 1 February 2023 31,098 93,658 139,121
Charge for year 3,623 3,086 7,893
At 31 January 2024 34,721 96,744 147,014
NET BOOK VALUE
At 31 January 2024 10,867 9,256 838,075
At 31 January 2023 14,490 12,342 845,968

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade & Other debtors 381,392 99,895

Radiantlife ltd (Registered number: 07627219)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 136,455 148,455
Other loans 19,768 24,235
Trade creditors 206,059 101,888
Tax 26,615 11,630
Social security and other taxes 160 380
VAT 563 382
Directors' current accounts 301,001 320,198
Accrued expenses 27,100 3,800
717,721 610,968

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
FundingCircle Loan 191,815 304,821

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
2 ordinary Share Capital £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 February 2023 614,951
Profit for the year 84,023
Dividends (75,000 )
At 31 January 2024 623,974

Radiantlife ltd

Report of the Accountants to the Directors of
Radiantlife ltd

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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on pages one to twelve and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Taxpoint Direct Limited
Chartered Certified Accountants &Tax Consultants
310E Sterling House
Langston Road
Loughton
IG10 3TS


30 October 2024