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REGISTERED NUMBER: SC631608 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Radiant Fishing Services Ltd

Radiant Fishing Services Ltd (Registered number: SC631608)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Radiant Fishing Services Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mr M W Stephen





REGISTERED OFFICE: 10 Allochy Road
Inverallochy
Fraserburgh
Aberdeenshire
AB43 8YD





REGISTERED NUMBER: SC631608 (Scotland)





ACCOUNTANTS: SBP
Accountants
27 Finlayson Street
Fraserburgh
Aberdeenshire
AB43 9JQ

Radiant Fishing Services Ltd (Registered number: SC631608)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
CURRENT ASSETS
Investments 4 62,103 45,046
Cash at bank 12,177 23,209
74,280 68,255
CREDITORS
Amounts falling due within one year 5 27,936 12,874
NET CURRENT ASSETS 46,344 55,381
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,344

55,381

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 46,334 55,371
46,344 55,381

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 June 2025 and were signed by:





Mr M W Stephen - Director


Radiant Fishing Services Ltd (Registered number: SC631608)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Radiant Fishing Services Ltd is a private company, limited by shares , registered in Scotland. 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 represents amounts receivable for services provided in the normal course of business, net of discounts and VAT. Revenue is recognised to the extent that it is probable that economic benefit will flow to the company and when its value can be measured with a sufficient degree of certainty and reliability. All income is recognised in the accounting period to which it relates.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Other investments
The investment represents the company's interest as a corporate member in 'Elhanan FR152 LLP'. The investment is stated at cost after adjusting for the share of profits received and drawings made from the LLP.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. CURRENT ASSET INVESTMENTS
31.12.24 31.12.23
£    £   
Other investments 62,103 45,046

The investment represents the company's interest as a corporate member in 'Elhanan FR152 LLP'. The investment is stated at cost after adjusting for the share of profits received and drawings made from the LLP.
The Financial Statements of 'Elhanan FR152 LLP' includes unrealised gains on the revaluation of intangible assets which are reported within the fair value reserve of the entity. These gains are attributable to the members of the LLP but, as the gains are not realised, no uplift in value has been made to the investment value within these financial statements.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Taxation and social security 4,054 7,858
Other creditors 23,882 5,016
27,936 12,874

Radiant Fishing Services Ltd (Registered number: SC631608)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. ULTIMATE CONTROLLING PARTY

The controlling party is Mr M W Stephen.