Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-3022023-04-13falseNo description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14798315 2023-04-12 14798315 2023-04-13 2024-04-30 14798315 2022-04-13 2023-04-12 14798315 2024-04-30 14798315 c:Director2 2023-04-13 2024-04-30 14798315 d:CurrentFinancialInstruments 2024-04-30 14798315 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 14798315 d:ShareCapital 2024-04-30 14798315 d:RetainedEarningsAccumulatedLosses 2024-04-30 14798315 c:OrdinaryShareClass1 2023-04-13 2024-04-30 14798315 c:OrdinaryShareClass1 2024-04-30 14798315 c:FRS102 2023-04-13 2024-04-30 14798315 c:AuditExempt-NoAccountantsReport 2023-04-13 2024-04-30 14798315 c:FullAccounts 2023-04-13 2024-04-30 14798315 c:PrivateLimitedCompanyLtd 2023-04-13 2024-04-30 14798315 e:PoundSterling 2023-04-13 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14798315









RADAR TECH LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 APRIL 2024

 
RADAR TECH LTD
REGISTERED NUMBER: 14798315

BALANCE SHEET
AS AT 30 APRIL 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
12,103

Cash at bank and in hand
 5 
3,611

  
15,714

Creditors: amounts falling due within one year
 6 
(142,180)

Net current (liabilities)/assets
  
 
 
(126,466)

Total assets less current liabilities
  
(126,466)

  

Net (liabilities)/assets
  
(126,466)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(126,566)

  
(126,466)


Page 1

 
RADAR TECH LTD
REGISTERED NUMBER: 14798315
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




E L Ritchie
Director

Date: 6 January 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
RADAR TECH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

1.


General information

Radar Tech Ltd is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales. The company's registered office address is 101 New Cavendish Street, 1st Floor South, London, England, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. The directors have obtained assurances from the shareholders to continue to provide adequate funds to meet its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.
Accordingly the directors have continued to prepare the financial statements on the going concern basis.

 
2.3

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
RADAR TECH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the period was 2.


4.


Debtors

2024
£


Other debtors
12,103

12,103



5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
3,611

3,611


Page 4

 
RADAR TECH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

6.


Creditors: Amounts falling due within one year

2024
£

Other creditors
140,180

Accruals and deferred income
2,000

142,180



7.


Share capital

2024
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100




 
Page 5