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REGISTERED NUMBER: 05974787 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 29 NOVEMBER 2022 TO 27 NOVEMBER 2023

FOR

RADICAL ASSOCIATES LTD

RADICAL ASSOCIATES LTD (REGISTERED NUMBER: 05974787)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 NOVEMBER 2022 TO 27 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RADICAL ASSOCIATES LTD

COMPANY INFORMATION
FOR THE PERIOD 29 NOVEMBER 2022 TO 27 NOVEMBER 2023







DIRECTOR: Mr F Robinson





REGISTERED OFFICE: 5 Westbrook Court
Sharrowvale Road
Sheffield
South Yorkshire
S11 8YZ





REGISTERED NUMBER: 05974787 (England and Wales)





ACCOUNTANTS: Sutton McGrath Hartley Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
S11 8YZ

RADICAL ASSOCIATES LTD (REGISTERED NUMBER: 05974787)

BALANCE SHEET
27 NOVEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 829 1,037

CURRENT ASSETS
Debtors 5 196,765 196,764
Cash at bank and in hand 69,903 386,150
266,668 582,914
CREDITORS
Amounts falling due within one year 6 (46,847 ) (25,720 )
NET CURRENT ASSETS 219,821 557,194
TOTAL ASSETS LESS CURRENT LIABILITIES 220,650 558,231

CAPITAL AND RESERVES
Called up share capital 66 99
Capital redemption reserve 33 -
Retained earnings 220,551 558,132
220,650 558,231

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RADICAL ASSOCIATES LTD (REGISTERED NUMBER: 05974787)

BALANCE SHEET - continued
27 NOVEMBER 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 December 2024 and were signed by:





Mr F Robinson - Director


RADICAL ASSOCIATES LTD (REGISTERED NUMBER: 05974787)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 NOVEMBER 2022 TO 27 NOVEMBER 2023

1. STATUTORY INFORMATION

Radical Associates Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

RADICAL ASSOCIATES LTD (REGISTERED NUMBER: 05974787)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 29 NOVEMBER 2022 TO 27 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 29 November 2022
and 27 November 2023 1,267
DEPRECIATION
At 29 November 2022 230
Charge for period 208
At 27 November 2023 438
NET BOOK VALUE
At 27 November 2023 829
At 28 November 2022 1,037

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 196,765 196,764

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 46,847 25,720

7. RELATED PARTY DISCLOSURES

Company Purchase of Own Shares

During the year the company entered into an agreement to purchase 33 ordinary shares from an exiting shareholder for proceeds of £295,000. This purchase of own shares was undertaken on 20th September 2023.