REGISTERED NUMBER: 09857028 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

RADIOTRONICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr C Reasbeck

REGISTERED OFFICE:

Unit A

82 James Carter Road

Mildenhall

Suffolk

IP28 7DE

REGISTERED NUMBER:

09857028 (England and Wales)

ACCOUNTANTS:

Per Annum Accounting Limited

61 High Street

Harlaxton

Grantham

Lincolnshire

NG32 1JA

FIXED ASSETS

Tangible assets

4

42,304

19,698

CURRENT ASSETS

Stocks

37,364

28,973

Debtors

5

315,891

167,812

Cash at bank and in hand

488,037

582,888

841,292

779,673

CREDITORS

Amounts falling due within one year

6

226,728

207,807

NET CURRENT ASSETS

614,564

571,866

TOTAL ASSETS LESS CURRENT LIABILITIES

656,868

591,564

PROVISIONS FOR LIABILITIES

10,576

4,754

NET ASSETS

646,292

586,810

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

646,192

586,710

SHAREHOLDERS' FUNDS

646,292

586,810

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 30 September 2025 and were signed by:

Mr C Reasbeck - Director

1.	STATUTORY INFORMATION

Radiotronics Limited 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

-

Over the period of the lease

Plant and machinery etc

-

25% on cost and 15% 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 year 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 year 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 year was 7 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

16,057

59,007

75,064

Additions

-

40,261

40,261

Disposals

-

(1,990

)

(1,990

)

At 31 March 2025

16,057

97,278

113,335

DEPRECIATION

At 1 April 2024

16,052

39,314

55,366

Charge for year

-

17,654

17,654

Eliminated on disposal

-

(1,989

)

(1,989

)

At 31 March 2025

16,052

54,979

71,031

NET BOOK VALUE

At 31 March 2025

5

42,299

42,304

At 31 March 2024

5

19,693

19,698

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

117,317

67,597

Other debtors

198,574

100,215

315,891

167,812

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Payments on account

-

9,426

Trade creditors

149,409

131,597

Taxation and social security

58,770

49,264

Other creditors

18,549

17,520

226,728

207,807

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £1,000 (2024 - £1,000) were paid to the director .

The director operates a current account, mainly for the payment of expenses on behalf of the company.

The balance owed to the director at the year end is £15,431 (2024 £10,990).

Loans exist with the following companies owned by the director:

Radiotronics Pty a company registered in Australia.

The amount owed to Radiotronics Limited at the year end was £15,625 (2024 £15,625).

Radiotronics Inc a company registered in America

The balance owed to Radiotronics Limited at the year-end was £78,914 (2024 £78,914).

Mitier Limited a company registered in England and Wales and of which the director has significant control.

The balance owed to Radiotronics Limited at the year end was £80,000 (2024 nil)

There are no formal repayment terms and currently no interest is charged.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr C Reasbeck.