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Company Registration No. 14313695 (England and Wales)
RADIO CONTROLLED CO UK LTD Unaudited accounts for the year ended 31 August 2024
RADIO CONTROLLED CO UK LTD Unaudited accounts Contents
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RADIO CONTROLLED CO UK LTD Company Information for the year ended 31 August 2024
Director
Oliver Paton
Company Number
14313695 (England and Wales)
Registered Office
6 CRESTBROOK AVENUE LONDON N13 5RR
Accountants
Sleek Accounting Ltd 4th Floor 205 Regent Street London W1B 4HB
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RADIO CONTROLLED CO UK LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
37,300 
- 
Debtors
2,883 
487 
Cash at bank and in hand
2,381 
5,015 
42,564 
5,502 
Creditors: amounts falling due within one year
(54,100)
(15,581)
Net current liabilities
(11,536)
(10,079)
Net liabilities
(11,536)
(10,079)
Capital and reserves
Called up share capital
(1)
(1)
Profit and loss account
(11,535)
(10,078)
Shareholders' funds
(11,536)
(10,079)
For the year ending 31 August 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 May 2025 and were signed on its behalf by
Oliver Paton Director Company Registration No. 14313695
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RADIO CONTROLLED CO UK LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
RADIO CONTROLLED CO UK LTD is a private company, limited by shares, registered in England and Wales, registration number 14313695. The registered office is 6 CRESTBROOK AVENUE, LONDON, N13 5RR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
2,883 
487 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
18,188 
- 
Trade creditors
5,656 
500 
Amounts owed to group undertakings and other participating interests
2,926 
1,714 
Loans from directors
27,330 
13,367 
54,100 
15,581 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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