REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 29 NOVEMBER 2022 TO 27 NOVEMBER 2023 |
FOR |
RADICAL ASSOCIATES LTD |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Capital redemption reserve |
Retained earnings |
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 were approved by the director and authorised for issue on |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Plant and machinery etc | - |
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 |
DEPRECIATION |
At 29 November 2022 |
Charge for period |
At 27 November 2023 |
NET BOOK VALUE |
At 27 November 2023 |
At 28 November 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other creditors |
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. |