Radix Traffic Limited 02192038 true 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is on 30 June 2020, the company's trade and assets were hived up to its parent company, AGD Systems Limited, for a consideration equal to the net book value of the assets and liabilities transferred. The company has not traded in the year. Digita Accounts Production Advanced 6.30.9574.0 true M R Hutchinson false 02192038 2023-05-01 2024-04-30 02192038 2024-04-30 02192038 core:ShareCapital 2024-04-30 02192038 core:SharePremium 2024-04-30 02192038 core:CurrentFinancialInstruments 2024-04-30 02192038 bus:FRS102 2023-05-01 2024-04-30 02192038 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 02192038 bus:FullAccounts 2023-05-01 2024-04-30 02192038 bus:RegisteredOffice 2023-05-01 2024-04-30 02192038 bus:Director7 2023-05-01 2024-04-30 02192038 bus:EntityNoLongerTradingButTradedInPast 2023-05-01 2024-04-30 02192038 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 02192038 1 2023-05-01 2024-04-30 02192038 countries:EnglandWales 2023-05-01 2024-04-30 02192038 2023-04-30 02192038 core:ShareCapital 2023-04-30 02192038 core:SharePremium 2023-04-30 02192038 core:CurrentFinancialInstruments 2023-04-30 iso4217:GBP

Registration number: 02192038

Radix Traffic Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2024

 

Radix Traffic Limited

Profit and Loss Account for the Year Ended 30 April 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Radix Traffic Limited

(Registration number: 02192038)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Current assets

 

Debtors

3

66,400

66,400

Capital and reserves

 

Called up share capital

4

1,090

1,090

Share premium reserve

65,310

65,310

Shareholders' funds

 

66,400

66,400

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 16 January 2025
 


M R Hutchinson
Director

 

Radix Traffic Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
White Lion House
Gloucester Road
Staverton
Cheltenham
GL51 0TF

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Trading status
The company was dormant and has not traded in the year.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Debtors

2024
£

2023
£

Amounts owed by group undertakings

66,400

66,400

4

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

1,090

1,090

1,090

1,090

         
 

Radix Traffic Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

5

Parent and ultimate parent undertaking

The company's immediate parent is AGD Systems Limited, incorporated in England and Wales.

 The ultimate parent is The Traffic Group Limited, incorporated in England and Wales.

 The most senior parent entity producing publicly available financial statements is The Traffic Group Limited. These financial statements are available upon request from the company's registered office.