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Company Registration No. 11582919 (England and Wales)
RADICAL ENTERTAINMENT LTD Unaudited accounts for the year ended 30 September 2024
RADICAL ENTERTAINMENT LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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RADICAL ENTERTAINMENT LTD Company Information for the year ended 30 September 2024
Director
Robert Klein
Company Number
11582919 (England and Wales)
Registered Office
4 HART CRESCENT CHIGWELL IG7 4DY ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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RADICAL ENTERTAINMENT LTD Statement of financial position as at 30 September 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
127
169
Current assets
Debtors
5
10,059
10,059
Cash at bank and in hand
8
133
10,067
10,192
Creditors: amounts falling due within one year
6
(6,038)
(5,423)
Net current assets
4,029
4,769
Total assets less current liabilities
4,156
4,938
Creditors: amounts falling due after more than one year
7
(1,705)
(3,955)
Net assets
2,451
983
Capital and reserves
Called up share capital
1
1
Profit and loss account
2,450
982
Shareholders' funds
2,451
983
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 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 June 2025 and were signed on its behalf by
Robert Klein Director Company Registration No. 11582919
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RADICAL ENTERTAINMENT LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
RADICAL ENTERTAINMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 11582919. The registered office is 4 HART CRESCENT, CHIGWELL, IG7 4DY, 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.
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.
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 October 2023
400
At 30 September 2024
400
Depreciation
At 1 October 2023
231
Charge for the year
42
At 30 September 2024
273
Net book value
At 30 September 2024
127
At 30 September 2023
169
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RADICAL ENTERTAINMENT LTD Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Other debtors
10,059
10,059
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
2,046
2,046
Taxes and social security
545
191
Loans from directors
3,088
2,827
Accruals
359
359
6,038
5,423
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
1,705
3,955
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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