REGISTERED NUMBER: 14672593 (England and Wales)

Unaudited Financial Statements

for the Period 1 March 2024 to 31 December 2024

for

Radix Screw Piling Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Alexander

REGISTERED OFFICE:

Unit 6

Termitt's Farm Buildings

Termitt's Chase

Hatfield Peverel

Essex

CM3 2AE

REGISTERED NUMBER:

14672593 (England and Wales)

ACCOUNTANTS:

Advantage Accounting (Scotland) Ltd

Pavilion 2

Finnieston Business Park

Minerva Way

Glasgow

G3 8AU

FIXED ASSETS

Tangible assets

4

462,594

238,457

CURRENT ASSETS

Stocks

175,577

58,039

Debtors

5

395,043

192,189

Cash at bank

338,685

52,359

909,305

302,587

CREDITORS

Amounts falling due within one year

6

837,815

277,980

NET CURRENT ASSETS

71,490

24,607

TOTAL ASSETS LESS CURRENT LIABILITIES

534,084

263,064

CREDITORS

Amounts falling due after more than one year

7

(165,684

)

(82,578

)

PROVISIONS FOR LIABILITIES

(59,827

)

(29,534

)

NET ASSETS

308,573

150,952

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

308,473

150,852

SHAREHOLDERS' FUNDS

308,573

150,952

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 September 2025 and were signed by:

C Alexander - Director

1.	STATUTORY INFORMATION

Radix Screw Piling Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

5% on cost

Plant and machinery etc

-

25% on cost and 5% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 14 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 March 2024

-

278,474

278,474

Additions

33,565

275,076

308,641

Disposals

-

(7,000

)

(7,000

)

At 31 December 2024

33,565

546,550

580,115

DEPRECIATION

At 1 March 2024

-

40,017

40,017

Charge for period

-

79,838

79,838

Eliminated on disposal

-

(2,334

)

(2,334

)

At 31 December 2024

-

117,521

117,521

NET BOOK VALUE

At 31 December 2024

33,565

429,029

462,594

At 29 February 2024

-

238,457

238,457

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

29.2.24

£

£

Trade debtors

129,275

152,807

Amounts owed by associates

24,292

-

Other debtors

241,476

39,382

395,043

192,189

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

29.2.24

£

£

Hire purchase contracts

98,853

64,272

Trade creditors

465,314

111,571

Amounts owed to associates

-

38,252

Taxation and social security

91,069

29,012

Other creditors

182,579

34,873

837,815

277,980

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

29.2.24

£

£

Hire purchase contracts

165,684

82,578

8.	SECURED DEBTS

Hire Purchase and Finance Lease debts are secured against the assets to which they relate.

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £24,292 (2023 the company owed £38,252) from the Red Leaf Group Ltd a company under the common control of the director and his associates.

During the period, the company sold goods and services of £15,702 (2023 - £453,322) and purchased goods and services of £83,576 (2023 - £37,190) from the Red Leaf Group Ltd.