Company Registration No. 13052205 (England and Wales)
Radwell Real Estate - UK, LTD
Unaudited financial statements
for the year ended 30 November 2024
Pages for filing with the registrar
Radwell Real Estate - UK, LTD
Statement of financial position
As at 30 November 2024
1
2024
2023
as restated
£
£
£
£
Fixed assets
3,042,753
3,099,565
Current assets
535,381
468,421
Creditors: amounts falling due within one year
(3,280,349)
(3,345,584)
Net current liabilities
(2,744,968)
(2,877,163)
Total assets less current liabilities
297,785
222,402
Net assets
297,785
222,402
Capital and reserves
297,785
222,402
Notes to the financial statements
1
Employees
The average number of persons, excluding directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
Prior year adjustment
During the year, it was identified that the company had not depreciated its investment property in prior periods, contrary to the accounting policy adopted under FRS 105. This represents a material error in the financial statements of previous years.
As a result, a prior year adjustment has been made to correct this error. The depreciation charge of £161,987 relating to prior periods has been recognised in the accounts by restating the opening balance of retained earnings as at 1 December 2022.
Radwell Real Estate - UK, LTD
Statement of financial position (continued)
As at 30 November 2024
2
Radwell Real Estate - UK, LTD is a private company limited by shares incorporated in England and Wales. The registered office is Saffery LLP, Trinity, 16 John Dalton Street, Manchester, M2 6HY.
For the year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime.
The director of the company has elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 19 September 2025
Brian Radwell
Director
Company registration number 13052205 (England and Wales)