Company registration number 00517768 (England and Wales)
RADIX PROPERTIES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
RADIX PROPERTIES LTD (REGISTERED NUMBER: 00517768)
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
30 June 2025
31 March 2024
Notes
£
£
£
£
Fixed assets
Investment property
3
915,000
3,130,000
Current assets
Debtors
4
30,235
9,457
Cash at bank and in hand
51,052
319,376
81,287
328,833
Creditors: amounts falling due within one year
5
(5,990)
(81,556)
Net current assets
75,297
247,277
Total assets less current liabilities
990,297
3,377,277
Provisions for liabilities
(49,017)
(370,225)
Net assets
941,280
3,007,052
Capital and reserves
Called up share capital
6
10,000
10,000
Revaluation reserve
7
436,853
2,283,807
Profit and loss reserves
494,427
713,245
Total equity
941,280
3,007,052
RADIX PROPERTIES LTD (REGISTERED NUMBER: 00517768)
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2025
30 June 2025
- 2 -

For the financial period ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

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.

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

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

The financial statements were approved by the board of directors and authorised for issue on 5 November 2025 and are signed on its behalf by:
Mr James Clemence
Director
RADIX PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
- 3 -
1
Accounting policies
Company information

Radix Properties Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Churchdown Chambers, Bordyke, Tonbridge, Kent, TN9 1NR.

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 amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. 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 property rental provided in the normal course of business.

1.3
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

1.4
Taxation

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

2
Employees

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

2025
2024
Number
Number
Total
2
2
RADIX PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2025
- 4 -
3
Investment property
2025
£
Fair value
At 1 April 2024
3,130,000
Disposals
(2,215,000)
At 30 June 2025
915,000
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,478
9,457
Other debtors
28,757
-
0
30,235
9,457
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
-
0
28,757
Other creditors
5,990
52,799
5,990
81,556
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
2,000
2,000
10,000
2,000
Ordinary B shares of £1 each
8,000
8,000
-
0
8,000
10,000
10,000
10,000
10,000
7
Revaluation reserve
2025
2024
£
£
At the beginning of the period
2,283,807
2,626,516
Other movements
(1,846,954)
(342,709)
At the end of the period
436,853
2,283,807
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