RADAR ASSOCIATES LIMITED

Company Registration Number:
05414092 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

RADAR ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

RADAR ASSOCIATES LIMITED

Company Information

for the Period Ended 30 June 2024




Director: Robert William Mitchell
James Christopher Tait
Secretary: James Christopher Tait
Registered office: 18
Yellowhammer Court
Kidderminster
England
DY10 4RR
Company Registration Number: 05414092 (England and Wales)

RADAR ASSOCIATES LIMITED

Directors' Report Period Ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal Activities

The principal activity of the company remained the provision of copyediting and proofreading services to the publishing industry.

Directors

The directors shown below have held office during the whole of the period from 01 July 2023 to 30 June 2024
Robert William Mitchell
James Christopher Tait

Secretary
James Christopher Tait

This report was approved by the board of directors on 31 January 2025
And Signed On Behalf Of The Board By:

Name: Robert William Mitchell
Status: Director

Name: James Christopher Tait
Status: Director

RADAR ASSOCIATES LIMITED

Profit and Loss Account

for the Period Ended 30 June 2024


Notes

2024
£

2023
£
Turnover 22,556 24,221
Gross Profit or (Loss) 22,556 24,221
Administrative Expenses ( 19,931 ) ( 19,829 )
Operating Profit or (Loss) 2,625 4,392
Interest Receivable and Similar Income 242 102
Profit or (Loss) Before Tax 2,867 4,494
Profit or (Loss) for Period 2,867 4,494

The notes form part of these financial statements

RADAR ASSOCIATES LIMITED

Balance sheet

As at 30 June 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 671 606
Total fixed assets: 671 606
Current assets
Debtors: 5 1,455 2,520
Cash at bank and in hand: 14,505 13,464
Total current assets: 15,960 15,984
Creditors: amounts falling due within one year: 6 ( 9,664 ) ( 9,061 )
Net current assets (liabilities): 6,296 6,923
Total assets less current liabilities: 6,967 7,529
Total net assets (liabilities): 6,967 7,529

The notes form part of these financial statements

RADAR ASSOCIATES LIMITED

Balance sheet continued

As at 30 June 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 40 40
Profit and loss account: 6,927 7,489
Shareholders funds: 6,967 7,529

For the year ending 30 June 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 31 January 2025
And Signed On Behalf Of The Board By:

Name: Robert William Mitchell
Status: Director

Name: James Christopher Tait
Status: Director

The notes form part of these financial statements

RADAR ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

    When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

    Revenue from contracts for the provision of services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

    Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

    Computers 33% on cost

    The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

RADAR ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 3

RADAR ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 3. Off balance sheet disclosure

    No

RADAR ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 July 2023 4,907 4,907
Additions 357 357
Disposals - -
Revaluations - -
Transfers - -
At 30 June 2024 5,264 5,264
Depreciation
At 01 July 2023 4,301 4,301
Charge for year 292 292
On disposals - -
Other adjustments - -
At 30 June 2024 4,593 4,593
Net book value
At 30 June 2024 671 671
At 30 June 2023 606 606

RADAR ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors


2024
£

2023
£
Trade debtors 1,455 2,520
Total 1,455 2,520

RADAR ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 884 1,149
Other creditors 8,780 7,912
Total 9,664 9,061