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Radd Properties Limited

Registered Number
11954170
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2025

Radd Properties Limited
Company Information
for the year from 1 May 2024 to 30 April 2025

Directors

Keal, Andrew Stephen
Roe, Richard Keith
Sparke, David

Registered Address

The Station
77 Canal Road
Leeds
LS12 2LX

Registered Number

11954170 (England and Wales)
Radd Properties Limited
Balance Sheet as at
30 April 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Investment property3845,121845,121
845,121845,121
Current assets
Debtors4124
Cash at bank and on hand21,57119,060
21,58319,064
Creditors amounts falling due within one year5(415,835)(436,883)
Net current assets (liabilities)(394,252)(417,819)
Total assets less current liabilities450,869427,302
Creditors amounts falling due after one year6(262,151)(276,193)
Net assets188,718151,109
Capital and reserves
Called up share capital124
Share premium30,000-
Profit and loss account158,706151,105
Shareholders' funds188,718151,109
The financial statements were approved and authorised for issue by the Board of Directors on 29 July 2025, and are signed on its behalf by:
Sparke, David
Director
Registered Company No. 11954170
Radd Properties Limited
Notes to the Financial Statements
for the year ended 30 April 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
2.Average number of employees

20252024
Average number of employees during the year00
3.Investment property
The directors have looked at the fair value of the property at the year end and do not believe it to be materially different from the previous year.

£
Fair value at 01 May 24845,121
At 30 April 25845,121
4.Debtors: amounts due within one year

2025

2024

££
Other debtors124
Total124
5.Creditors: amounts due within one year

2025

2024

££
Bank borrowings and overdrafts36,00029,191
Taxation and social security6,17611,932
Other creditors360,101382,001
Accrued liabilities and deferred income13,55813,759
Total415,835436,883
6.Creditors: amounts due after one year

2025

2024

££
Bank borrowings and overdrafts262,151276,193
Total262,151276,193