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RADIANT HOUSING LIMITED

Registered Number
12821298
(England and Wales)

Unaudited Financial Statements for the Year ended
31 August 2024

RADIANT HOUSING LIMITED
Company Information
for the year from 1 September 2023 to 31 August 2024

Directors

Karen Maclean
Peter Maclean

Registered Address

71-75 Shelton Street
Covent Garden
London
WC2H 9JQ

Registered Number

12821298 (England and Wales)
RADIANT HOUSING LIMITED
Statement of Financial Position
31 August 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3332,280246,115
332,280246,115
Current assets
Debtors415150
Cash at bank and on hand20,33816,464
20,75316,614
Creditors amounts falling due within one year(114,645)(87,729)
Net current assets (liabilities)(93,892)(71,115)
Total assets less current liabilities238,388175,000
Creditors amounts falling due after one year4(237,756)(175,051)
Net assets632(51)
Capital and reserves
Profit and loss account632(51)
Shareholders' funds632(51)
The financial statements were approved and authorised for issue by the Board of Directors on 17 March 2025, and are signed on its behalf by:
Peter Maclean
Director
Registered Company No. 12821298
RADIANT HOUSING LIMITED
Notes to the Financial Statements
for the year ended 31 August 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Finance costs
Finance costs charged to the profit or loss include interest expense calculated using the effective interest method from FRS 102:11, finance charges on finance leases, and exchange differences on foreign currency borrowings where these are treated as an adjustment to interest costs.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 September 23246,115
Additions86,165
At 31 August 24332,280
Net book value
At 31 August 24332,280
At 31 August 23246,115
4.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts237,756175,051
Total237,756175,051
Buy to Let Mortgage of £58119.75 - Mortgage Works Buy to Let Mortgage of £58666.25 - Paragon Buy to Let Mortgage of £60950.00 - Paragon Buy to Let Mortgage of £60020.00 - Mortgage Works