3 false false false false false false false false false false true false false false false false false No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 3,605 3,605 xbrli:pure xbrli:shares iso4217:GBP 01736888 2024-01-01 2024-12-31 01736888 2024-12-31 01736888 2023-12-31 01736888 2023-01-01 2023-12-31 01736888 2023-12-31 01736888 2022-12-31 01736888 core:NetGoodwill 2024-01-01 2024-12-31 01736888 core:FurnitureFittings 2024-01-01 2024-12-31 01736888 core:MotorVehicles 2024-01-01 2024-12-31 01736888 bus:Director3 2024-01-01 2024-12-31 01736888 bus:Director4 2024-01-01 2024-12-31 01736888 core:NetGoodwill 2024-12-31 01736888 core:FurnitureFittings 2023-12-31 01736888 core:MotorVehicles 2023-12-31 01736888 core:FurnitureFittings 2024-12-31 01736888 core:MotorVehicles 2024-12-31 01736888 core:WithinOneYear 2024-12-31 01736888 core:WithinOneYear 2023-12-31 01736888 core:AfterOneYear 2024-12-31 01736888 core:AfterOneYear 2023-12-31 01736888 core:ShareCapital 2024-12-31 01736888 core:ShareCapital 2023-12-31 01736888 core:RetainedEarningsAccumulatedLosses 2024-12-31 01736888 core:RetainedEarningsAccumulatedLosses 2023-12-31 01736888 core:FurnitureFittings 2023-12-31 01736888 core:MotorVehicles 2023-12-31 01736888 bus:Director4 2023-12-31 01736888 bus:Director4 2024-12-31 01736888 bus:Director4 2022-12-31 01736888 bus:Director4 2023-12-31 01736888 bus:Director4 2023-01-01 2023-12-31 01736888 bus:SmallEntities 2024-01-01 2024-12-31 01736888 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01736888 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01736888 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01736888 bus:FullAccounts 2024-01-01 2024-12-31 01736888 core:OfficeEquipment 2024-01-01 2024-12-31 01736888 core:OfficeEquipment 2024-12-31 01736888 core:OfficeEquipment 2023-12-31
COMPANY REGISTRATION NUMBER: 01736888
Radley Windows Limited
Filleted Unaudited Financial Statements
31 December 2024
Radley Windows Limited
Statement of Financial Position
31 December 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
6
4,839
6,830
Current assets
Stocks
22,209
22,115
Debtors
7
59,680
32,242
Cash at bank and in hand
27,136
39,639
---------
--------
109,025
93,996
Creditors: amounts falling due within one year
8
100,286
77,326
---------
--------
Net current assets
8,739
16,670
--------
--------
Total assets less current liabilities
13,578
23,500
Creditors: amounts falling due after more than one year
9
5,290
15,431
--------
--------
Net assets
8,288
8,069
--------
--------
Capital and reserves
Called up share capital
8,000
8,000
Profit and loss account
288
69
-------
-------
Shareholders funds
8,288
8,069
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Radley Windows Limited
Statement of Financial Position (continued)
31 December 2024
These financial statements were approved by the board of directors and authorised for issue on 6 August 2025 , and are signed on behalf of the board by:
Mr K Christian
Director
Company registration number: 01736888
Radley Windows Limited
Notes to the Financial Statements
Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 3, Bignell Park Barns, Chesterton, Nr. Bicester, Oxon, OX26 1TD.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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 .
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
20% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures & Fittings
-
20% straight line
Motor Vehicles
-
25% reducing balance
Equipment
-
20% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2023: 3 ).
5. Intangible assets
Goodwill
£
Cost
At 1 January 2024 and 31 December 2024
3,605
-------
Amortisation
At 1 January 2024 and 31 December 2024
3,605
-------
Carrying amount
At 31 December 2024
-------
At 31 December 2023
-------
6. Tangible assets
Fixtures and fittings
Motor vehicles
Equipment
Total
£
£
£
£
Cost
At 1 January 2024 and 31 December 2024
7,615
17,695
17,256
42,566
-------
--------
--------
--------
Depreciation
At 1 January 2024
5,544
16,288
13,904
35,736
Charge for the year
651
351
989
1,991
-------
--------
--------
--------
At 31 December 2024
6,195
16,639
14,893
37,727
-------
--------
--------
--------
Carrying amount
At 31 December 2024
1,420
1,056
2,363
4,839
-------
--------
--------
--------
At 31 December 2023
2,071
1,407
3,352
6,830
-------
--------
--------
--------
7. Debtors
2024
2023
£
£
Trade debtors
3,340
26,788
Other debtors
56,340
5,454
--------
--------
59,680
32,242
--------
--------
8. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
8,962
8,962
Trade creditors
33,836
17,256
Corporation tax
29,364
28,037
Social security and other taxes
25,948
21,045
Other creditors
2,176
2,026
---------
--------
100,286
77,326
---------
--------
9. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
5,290
15,431
-------
--------
10. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
K Christian and M Morse
5,454
( 9,860)
46,509
42,103
-------
-------
--------
--------
2023
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
K Christian and M Morse
12,907
( 13,966)
6,513
5,454
--------
--------
-------
-------