1 October 2023 false No description of principal activity Taxfiler 2024.6 08697032business:PrivateLimitedCompanyLtd2023-10-012024-09-30 086970322023-09-30 086970322023-10-012024-09-30 08697032business:AuditExemptWithAccountantsReport2023-10-012024-09-30 08697032business:FilletedAccounts2023-10-012024-09-30 086970322024-09-30 08697032business:Director12023-10-012024-09-30 08697032business:Director22023-10-012024-09-30 08697032business:RegisteredOffice2023-10-012024-09-30 086970322023-09-30 08697032core:WithinOneYear2024-09-30 08697032core:WithinOneYear2023-09-30 08697032core:AfterOneYear2024-09-30 08697032core:AfterOneYear2023-09-30 08697032core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 08697032core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 08697032core:CapitalContributionReservecore:PreviouslyStatedAmount2024-09-30 08697032core:CapitalContributionReservecore:PreviouslyStatedAmount2023-09-30 08697032core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 08697032core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 08697032core:PreviouslyStatedAmount2024-09-30 08697032core:PreviouslyStatedAmount2023-09-30 08697032business:SmallEntities2023-10-012024-09-30 08697032countries:EnglandWales2023-10-012024-09-30 08697032core:FurnitureFittings2023-10-012024-09-30 08697032core:ComputerEquipment2023-10-012024-09-30 08697032core:OtherPropertyPlantEquipment2023-10-012024-09-30 08697032core:PlantMachinery2023-09-30 08697032core:ComputerEquipment2023-09-30 08697032core:PlantMachinery2024-09-30 08697032core:ComputerEquipment2024-09-30 08697032core:PlantMachinery2023-10-012024-09-30 086970322022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 08697032 (England and Wales)
RAD ONE LTD Unaudited accounts for the year ended 30 September 2024
RAD ONE LTD Unaudited accounts Contents
Page
- 2 -
RAD ONE LTD Company Information for the year ended 30 September 2024
Directors
HUGHES, Russell MOBBS, Andrew
Company Number
08697032 (England and Wales)
Registered Office
32 BARNMEAD HAYWARDS HEATH RH16 1UZ ENGLAND
Accountants
PERSONA FINANCE LIMITED 63/66 HATTON GARDEN LONDON GREATER LONDON EC1N 6LE
- 3 -
RAD ONE LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,186 
7,394 
Current assets
Inventories
703,327 
760,637 
Debtors
101,937 
142,020 
Cash at bank and in hand
70,334 
70,033 
875,598 
972,690 
Creditors: amounts falling due within one year
(483,785)
(614,284)
Net current assets
391,813 
358,406 
Total assets less current liabilities
395,999 
365,800 
Creditors: amounts falling due after more than one year
(116,927)
- 
Provisions for liabilities
Deferred tax
(913)
(785)
Net assets
278,159 
365,015 
Capital and reserves
Called up share capital
2 
2 
Capital contribution reserve
472,190 
472,190 
Profit and loss account
(194,033)
(107,177)
Shareholders' funds
278,159 
365,015 
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 2 May 2025 and were signed on its behalf by
HUGHES, Russell Director Company Registration No. 08697032
- 4 -
RAD ONE LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
RAD ONE LTD is a private company, limited by shares, registered in England and Wales, registration number 08697032. The registered office is 32 BARNMEAD, HAYWARDS HEATH, RH16 1UZ, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Other tangible fixed assets
50% straight line
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
13,145 
2,221 
15,366 
At 30 September 2024
13,145 
2,221 
15,366 
Depreciation
At 1 October 2023
7,228 
744 
7,972 
Charge for the year
2,464 
744 
3,208 
At 30 September 2024
9,692 
1,488 
11,180 
Net book value
At 30 September 2024
3,453 
733 
4,186 
At 30 September 2023
5,917 
1,477 
7,394 
- 5 -
RAD ONE LTD Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
12,317 
- 
Trade debtors
81,730 
134,130 
Accrued income and prepayments
7,890 
7,890 
101,937 
142,020 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
13,495 
Trade creditors
287,640 
546,353 
Taxes and social security
70,209 
54,436 
Other creditors
114,085 
- 
Loans from directors
11,851 
- 
483,785 
614,284 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
118,440 
- 
Taxes and social security
(1,513)
- 
116,927 
- 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -