Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30true2023-12-01falseNo description of principal activity22falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13027471 2023-12-01 2024-11-30 13027471 2022-12-01 2023-11-30 13027471 2024-11-30 13027471 2023-11-30 13027471 c:Director1 2023-12-01 2024-11-30 13027471 d:MotorVehicles 2023-12-01 2024-11-30 13027471 d:MotorVehicles 2024-11-30 13027471 d:MotorVehicles 2023-11-30 13027471 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 13027471 d:OfficeEquipment 2023-12-01 2024-11-30 13027471 d:OfficeEquipment 2024-11-30 13027471 d:OfficeEquipment 2023-11-30 13027471 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 13027471 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 13027471 d:CurrentFinancialInstruments 2024-11-30 13027471 d:CurrentFinancialInstruments 2023-11-30 13027471 d:Non-currentFinancialInstruments 2024-11-30 13027471 d:Non-currentFinancialInstruments 2023-11-30 13027471 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 13027471 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 13027471 d:Non-currentFinancialInstruments d:AfterOneYear 2024-11-30 13027471 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 13027471 d:ShareCapital 2024-11-30 13027471 d:ShareCapital 2023-11-30 13027471 d:RetainedEarningsAccumulatedLosses 2024-11-30 13027471 d:RetainedEarningsAccumulatedLosses 2023-11-30 13027471 c:FRS102 2023-12-01 2024-11-30 13027471 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13027471 c:FullAccounts 2023-12-01 2024-11-30 13027471 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13027471 d:HirePurchaseContracts d:WithinOneYear 2024-11-30 13027471 d:HirePurchaseContracts d:WithinOneYear 2023-11-30 13027471 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-11-30 13027471 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-11-30 13027471 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-11-30 13027471 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-11-30 13027471 d:LeasedAssetsHeldAsLessee 2024-11-30 13027471 d:LeasedAssetsHeldAsLessee 2023-11-30 13027471 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 13027471









RAD DEPOT SERVICES LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
RAD DEPOT SERVICES LTD
REGISTERED NUMBER: 13027471

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
18,281
2,591

  
18,281
2,591

Current assets
  

Debtors: amounts falling due within one year
 5 
31,573
25,485

Cash at bank and in hand
 6 
27,583
36,147

  
59,156
61,632

Creditors: amounts falling due within one year
 7 
(41,064)
(58,934)

Net current assets
  
 
 
18,092
 
 
2,698

Total assets less current liabilities
  
36,373
5,289

Creditors: amounts falling due after more than one year
 8 
(14,618)
-

  

Net assets
  
21,755
5,289


Capital and reserves
  

Called up share capital 
  
15
15

Profit and loss account
  
21,740
5,274

  
21,755
5,289

Page 1

 
RAD DEPOT SERVICES LTD
REGISTERED NUMBER: 13027471
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 August 2025.




J Dickmann
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
RAD DEPOT SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

RAD Depot Services Ltd is a private company limited by shares incorporated in the United Kingdom
and registered in England. The address of its registered office is 124 Finchley Road, London, NW3 5JS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3

 
RAD DEPOT SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
straight-line basis
Office equipment
-
25%
straight-line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
RAD DEPOT SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

3.


Employees

2024
2023
£
£

Wages and salaries
25,140
25,140

25,140
25,140


The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 December 2023
3,667
1,740
5,407


Additions
24,375
-
24,375


Disposals
(3,667)
-
(3,667)



At 30 November 2024

24,375
1,740
26,115



Depreciation


At 1 December 2023
1,511
1,305
2,816


Charge for the year on owned assets
6,594
435
7,029


Disposals
(2,011)
-
(2,011)



At 30 November 2024

6,094
1,740
7,834



Net book value



At 30 November 2024
18,281
-
18,281



At 30 November 2023
2,156
435
2,591

Page 5

 
RAD DEPOT SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

           4.Tangible fixed assets (continued)

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
18,281
-

18,281
-


5.


Debtors

2024
2023
£
£


Trade debtors
31,573
25,485

31,573
25,485



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
27,583
36,147

27,583
36,147



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
9,351
21,990

Corporation tax
7,882
3,257

Other taxation and social security
15,488
13,887

Obligations under finance leases
3,243
-

Other creditors
1,600
12,800

Accruals and deferred income
3,500
7,000

41,064
58,934


Page 6

 
RAD DEPOT SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases
14,618
-

14,618
-



9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
3,243
-

Between 1-5 years
14,618
-

17,861
-


10.


Controlling party

During the current year, the company was under the control of the directors by virtue of their
shareholding.
 
Page 7