Company registration number 07584520 (England and Wales)
RANDOLPH WILCOX LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
RANDOLPH WILCOX LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
The following pages do not form part of the statutory financial statements
Detailed trading and profit and loss account
-
RANDOLPH WILCOX LTD
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,279
1,706
Current assets
Debtors
4
34,620
22,366
Cash at bank and in hand
2,424
845
37,044
23,211
Creditors: amounts falling due within one year
5
(20,186)
(17,385)
Net current assets
16,858
5,826
Total assets less current liabilities
18,137
7,532
Creditors: amounts falling due after more than one year
6
(2,103)
(4,799)
Net assets
16,034
2,733
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
15,934
2,633
Total equity
16,034
2,733

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 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.

T he 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 8 October 2025
Mr R Wilcox
Director
RANDOLPH WILCOX LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
Company Registration No. 07584520
RANDOLPH WILCOX LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Randolph Wilcox Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 166 College Road, Harrow, Middlesex, HA1 1RA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for photography and camera direction services provided in the normal course of business. Income is recognised in the period to which it relates.

1.3
Tangible fixed assets

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

RANDOLPH WILCOX LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, that are classified as debt, are recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
RANDOLPH WILCOX LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 and 31 March 2025
11,616
Depreciation and impairment
At 1 April 2024
9,910
Depreciation charged in the year
427
At 31 March 2025
10,337
Carrying amount
At 31 March 2025
1,279
At 31 March 2024
1,706
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
34,620
22,366
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
4,439
4,439
Trade creditors
281
763
Corporation tax
12,958
9,903
Other creditors
2,508
2,280
20,186
17,385
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
2,103
4,799

Included within creditors is £20,529 in respect of a bank loan which is guaranteed by the Government under the Bounce Back Loan Scheme.

RANDOLPH WILCOX LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
100
100
100
100
8
Related party transactions

Included within other debtors is an amount of £22,346 (202 4: £9,806) owed to the company by the director at the balance sheet date.

The maximum amount outstanding during the year was £2 2,346 (202 4: £20,746) and interest of £3 03 (202 4: £357) was charged on the loan to the director at the official HM Revenue & Customs rate.

The outstanding balance was repaid to the company in full within nine months of the year-end.

2025-03-31 2024-04-01 false false false 08 October 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr R Wilcox 07584520 2024-04-01 2025-03-31 07584520 2025-03-31 07584520 2024-03-31 07584520 core:OtherPropertyPlantEquipment 2025-03-31 07584520 core:OtherPropertyPlantEquipment 2024-03-31 07584520 core:CurrentFinancialInstruments 2025-03-31 07584520 core:CurrentFinancialInstruments 2024-03-31 07584520 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 07584520 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 07584520 core:ShareCapital 2025-03-31 07584520 core:ShareCapital 2024-03-31 07584520 core:RetainedEarningsAccumulatedLosses 2025-03-31 07584520 core:RetainedEarningsAccumulatedLosses 2024-03-31 07584520 core:ShareCapitalOrdinaryShareClass1 2025-03-31 07584520 core:ShareCapitalOrdinaryShareClass1 2024-03-31 07584520 bus:Director1 2024-04-01 2025-03-31 07584520 core:ComputerEquipment 2024-04-01 2025-03-31 07584520 2023-04-01 2024-03-31 07584520 core:OtherPropertyPlantEquipment 2024-03-31 07584520 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 07584520 core:WithinOneYear 2025-03-31 07584520 core:WithinOneYear 2024-03-31 07584520 core:Non-currentFinancialInstruments 2025-03-31 07584520 core:Non-currentFinancialInstruments 2024-03-31 07584520 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 07584520 bus:OrdinaryShareClass1 2025-03-31 07584520 bus:OrdinaryShareClass1 2024-03-31 07584520 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07584520 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07584520 bus:FRS102 2024-04-01 2025-03-31 07584520 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07584520 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP