Company Registration No. 12722287 (England and Wales)
R.A.D Civil Solutions Ltd
Unaudited accounts
for the year ended 31 July 2024
R.A.D Civil Solutions Ltd
Unaudited accounts
Contents
R.A.D Civil Solutions Ltd
Company Information
for the year ended 31 July 2024
Directors
Neil Toft
Alec Birch
Company Number
12722287 (England and Wales)
Registered Office
Unity House
Westwood Park
Wigan
WN3 4HE
Accountants
FAO Accountancy Services Ltd
101 Melrose Drive
Wigan
WN3 6EG
R.A.D Civil Solutions Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
12,239
1,888
Cash at bank and in hand
39,181
66,142
Creditors: amounts falling due within one year
(41,985)
(37,047)
Net current assets
26,940
65,874
Profit and loss account
39,169
67,752
Shareholders' funds
39,179
67,762
For the year ending 31 July 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 13 January 2025 and were signed on its behalf by
Neil Toft
Director
Company Registration No. 12722287
R.A.D Civil Solutions Ltd
Notes to the Accounts
for the year ended 31 July 2024
R.A.D Civil Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 12722287. The registered office is Unity House, Westwood Park, Wigan, WN3 4HE.
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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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% on cost
Computer equipment
20% on cost
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
1,815
-
1,290
3,105
Additions
-
12,800
915
13,715
At 31 July 2024
1,815
12,800
2,205
16,820
At 1 August 2023
726
-
491
1,217
Charge for the year
363
2,560
441
3,364
At 31 July 2024
1,089
2,560
932
4,581
At 31 July 2024
726
10,240
1,273
12,239
At 31 July 2023
1,089
-
799
1,888
R.A.D Civil Solutions Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Accrued income and prepayments
1,792
671
Other debtors
12,937
25,650
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
31,631
26,442
Loans from directors
5,462
4,494
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Transactions with related parties
Included in creditors is a loan due to the directors of £5,462 (2023 - £4,494). The loan is currently interest free and is repayable upon demand.
During the year, dividends of £80,000 were paid to R.A.D Group Holdings Ltd, the parent company.
The company is a wholly owned subsidiary of R.A.D Group Holdings Ltd, which is the ultimate controlling party.
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Average number of employees
During the year the average number of employees was 3 (2023: 4).