Company Registration No. 10915387 (England and Wales)
Applied Radio Technology Limited
Unaudited accounts
for the year ended 31 August 2024
Applied Radio Technology Limited
Unaudited accounts
Contents
Applied Radio Technology Limited
Company Information
for the year ended 31 August 2024
Directors
Simon Jones
Jane Jones
Company Number
10915387 (England and Wales)
Registered Office
Iona
Wootton Road
Tiptoe
Lymington
Hampshire
SO41 6FU
England
Accountants
Easy Accountants
New Forest Enterprise Centre
Rushington Business Park
Totton
Hampshire
SO40 9LA
Applied Radio Technology Limited
Statement of financial position
as at 31 August 2024
Tangible assets
37,359
15,010
Cash at bank and in hand
13,122
19,708
Creditors: amounts falling due within one year
(34,811)
(11,944)
Net current assets
9,409
19,467
Called up share capital
10
10
Profit and loss account
46,758
34,467
Shareholders' funds
46,768
34,477
For the year ending 31 August 2024 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 20 November 2024 and were signed on its behalf by
Simon Jones
Director
Company Registration No. 10915387
Applied Radio Technology Limited
Notes to the Accounts
for the year ended 31 August 2024
Applied Radio Technology Limited is a private company, limited by shares, registered in England and Wales, registration number 10915387. The registered office is Iona, Wootton Road, Tiptoe, Lymington, Hampshire, SO41 6FU, 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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
27,809
-
-
4,267
32,076
Additions
-
33,000
454
1,349
34,803
At 31 August 2024
27,809
33,000
454
5,616
66,879
At 1 September 2023
15,052
-
-
2,014
17,066
Charge for the year
3,189
8,250
114
901
12,454
At 31 August 2024
18,241
8,250
114
2,915
29,520
At 31 August 2024
9,568
24,750
340
2,701
37,359
At 31 August 2023
12,757
-
-
2,253
15,010
Applied Radio Technology Limited
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Other debtors
25,068
11,553
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
20,825
-
Taxes and social security
8,352
7,695
Loans from directors
1,564
623
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).