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REGISTERED NUMBER: 05179918 (England and Wales)
























Unaudited Financial Statements for the Year Ended 30 June 2024

for

Rdm Direct Limited

Rdm Direct Limited (Registered number: 05179918)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rdm Direct Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: R D Manning





SECRETARY: M Chambers





REGISTERED OFFICE: Paget Barn
Shobnall Road
Burton on Trent
Staffordshire
DE13 0QJ





REGISTERED NUMBER: 05179918 (England and Wales)





ACCOUNTANTS: D&D Accountancy Services Ltd
Toll Bar House
1 Derby Road
Ilkeston
Derbyshire
DE7 5FH

Rdm Direct Limited (Registered number: 05179918)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 238,758 232,458

CURRENT ASSETS
Stocks 2,608,924 2,303,874
Debtors 5 268,930 430,024
Cash at bank 281,729 509,919
3,159,583 3,243,817
CREDITORS
Amounts falling due within one year 6 390,126 442,603
NET CURRENT ASSETS 2,769,457 2,801,214
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,008,215

3,033,672

PROVISIONS FOR LIABILITIES 1,490 1,108
NET ASSETS 3,006,725 3,032,564

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,006,625 3,032,464
3,006,725 3,032,564

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

Rdm Direct Limited (Registered number: 05179918)

Balance Sheet - continued
30 June 2024


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 21 March 2025 and were signed by:





R D Manning - Director


Rdm Direct Limited (Registered number: 05179918)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Rdm Direct Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - Straight line over 5 years
Motor vehicles - Straight line over 5 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Rdm Direct Limited (Registered number: 05179918)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 21 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 July 2023 224,656 42,157 2,800 269,613
Additions - 8,718 2,600 11,318
At 30 June 2024 224,656 50,875 5,400 280,931
DEPRECIATION
At 1 July 2023 - 35,475 1,680 37,155
Charge for year - 3,938 1,080 5,018
At 30 June 2024 - 39,413 2,760 42,173
NET BOOK VALUE
At 30 June 2024 224,656 11,462 2,640 238,758
At 30 June 2023 224,656 6,682 1,120 232,458

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 178,826 214,577
Other debtors 90,104 215,447
268,930 430,024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 201,546 169,051
Taxation and social security 74,433 165,846
Other creditors 114,147 107,706
390,126 442,603

Rdm Direct Limited (Registered number: 05179918)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
R D Manning
Balance outstanding at start of year 57,013 51,535
Amounts advanced 43,197 59,135
Amounts repaid (68,454 ) (53,657 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 31,756 57,013