Company No: 05738783 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	5,453		3,825
		5,453		3,825
Current assets
Debtors	4	97,740		133,461
Cash at bank and in hand		190,939		144,474
		288,679		277,935
Creditors: amounts falling due within one year	5	( 79,624)		( 64,812)
Net current assets		209,055		213,123
Total assets less current liabilities		214,508		216,948
Provision for liabilities		( 1,363)		( 956)
Net assets		213,145		215,992
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		213,045		215,892
Total shareholder's funds		213,145		215,992

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Radsafety Limited (registered number: 05738783) were approved and authorised for issue by the Board of Directors on 27 October 2025. They were signed on its behalf by:

R A D Fuller Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Radsafety Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Francis Clark Llp Melville Building East, Royal William Yard, Plymouth, PL1 3GW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Computer equipment	33 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery		Computer equipment		Total
	£		£		£
Cost
At 01 April 2024	8,534		7,053		15,587
Additions	2,886		0		2,886
Disposals	( 4,811)		0		( 4,811)
At 31 March 2025	6,609		7,053		13,662
Accumulated depreciation
At 01 April 2024	6,490		5,272		11,762
Charge for the financial year	665		593		1,258
Disposals	( 4,811)		0		( 4,811)
At 31 March 2025	2,344		5,865		8,209
Net book value
At 31 March 2025	4,265		1,188		5,453
At 31 March 2024	2,044		1,781		3,825

4. Debtors

	2025		2024
	£		£
Amounts owed by Group undertakings	3,934		3,934
Other debtors	93,806		129,527
	97,740		133,461

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	520		0
Taxation and social security	77,477		61,869
Other creditors	1,627		2,943
	79,624		64,812

6. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
80 Ordinary shares of £ 1.00 each	80		80
20 Ordinary A shares of £ 1.00 each	20		20
	100		100

7. Ultimate controlling party

Parent Company:

Radholdings Limited

c/o Francis Clark LLP, Melville Building East, Royal William Yard, Plymouth, Devon, United Kingdom, PL1 3GW