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REGISTERED NUMBER: 04869168 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

R D L Technologies Limited

R D L Technologies Limited (Registered number: 04869168)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R D L Technologies Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: R L Lockwood
A Lockwood
L R Lockwood





REGISTERED OFFICE: Park House
37 Clarence Street
Leicester
LE1 3RW





REGISTERED NUMBER: 04869168 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

R D L Technologies Limited (Registered number: 04869168)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 54,321 49,307
54,321 49,307

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 6 592,409 387,736
Cash at bank 274,494 252,905
869,903 643,641
CREDITORS
Amounts falling due within one year 7 (248,769 ) (169,644 )
NET CURRENT ASSETS 621,134 473,997
TOTAL ASSETS LESS CURRENT
LIABILITIES

675,455

523,304

CREDITORS
Amounts falling due after more than one
year

8

(18,229

)

(34,133

)

PROVISIONS FOR LIABILITIES (13,723 ) (11,639 )
NET ASSETS 643,503 477,532

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 643,203 477,232
SHAREHOLDERS' FUNDS 643,503 477,532

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

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

R D L Technologies Limited (Registered number: 04869168)

Balance Sheet - continued
31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2024 and were signed on its behalf by:





R L Lockwood - Director


R D L Technologies Limited (Registered number: 04869168)

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

1. STATUTORY INFORMATION

R D L Technologies 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.

Turnover
Turnover is measured at the fair value of the consideration received and 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.
Improvements to property - 20% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

R D L Technologies Limited (Registered number: 04869168)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under the hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 20,000
AMORTISATION
At 1 June 2023
and 31 May 2024 20,000
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 10,332 114,773 10,679 15,332 151,116
Additions - - 22,043 - 22,043
At 31 May 2024 10,332 114,773 32,722 15,332 173,159
DEPRECIATION
At 1 June 2023 7,579 74,927 7,774 11,529 101,809
Charge for year 2,066 7,969 4,950 2,044 17,029
At 31 May 2024 9,645 82,896 12,724 13,573 118,838
NET BOOK VALUE
At 31 May 2024 687 31,877 19,998 1,759 54,321
At 31 May 2023 2,753 39,846 2,905 3,803 49,307

R D L Technologies Limited (Registered number: 04869168)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 283,093 149,652
Amounts owed by group undertakings 302,633 234,253
Other debtors 6,683 3,831
592,409 387,736

Other debtors includes prepayments and accrued income of £5,710 (2023: £3,831).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 5,909 5,905
Trade creditors 60,638 53,178
Amounts owed to group undertakings 13,997 -
Taxation and social security 155,096 87,833
Other creditors 3,129 12,728
248,769 169,644

Other creditors includes accruals and deferred income of £1,860 (2023: £1,860).

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 10,842 20,833
Hire purchase contracts 7,387 13,300
18,229 34,133

9. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Hire purchase 13,296 19,205

Hire purchase liabilities are secured on the individual assets being so acquired.

R D L Technologies Limited (Registered number: 04869168)

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

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
R L Lockwood
Balance outstanding at start of year - -
Amounts advanced 5,590 -
Amounts repaid (5,590 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The loan was interest free and repayable on demand.