Registration number: 07438355

Radiation Measurement Technologies Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

Radiation Measurement Technologies Ltd

Balance Sheet
31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	3,874	3,747
Current assets
Stocks	5	12,540	7,800
Debtors	6	18,517	19,235
Cash at bank and in hand		22	21,303
		31,079	48,338
Creditors: Amounts falling due within one year	7	(15,809)	(24,385)
Net current assets		15,270	23,953
Total assets less current liabilities		19,144	27,700
Creditors: Amounts falling due after more than one year	7	(333)	(2,333)
Provisions for liabilities		(961)	(937)
Net assets		17,850	24,430
Capital and reserves
Called up share capital		1	1
Retained earnings		17,849	24,429
Shareholders' funds		17,850	24,430

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.

Radiation Measurement Technologies Ltd

Balance Sheet
31 March 2025

Director's responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 December 2025
 

......................................... Mr R P Jenkins Director

Company Registration Number: 07438355

Radiation Measurement Technologies Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

1	General information

The Company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 4 Trinity Enterprise Centre
Ironworks Road
Barrow-In-Furness
Cumbria
LA14 2PN
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The Company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Research and development

Research and development expenditure is written off as incurred.

Radiation Measurement Technologies Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

Government grants

Government grants in respect of capital expenditure are credited to a deferred income account and are released to profit over the expected useful lives of the relevant assets by equal annual instalments. Grants of a revenue nature are credited to income so as to match them with the expenditure to which they relate.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences at the reporting date, except as otherwise indicated.
Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is calculated using the tax rates and laws that that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	25% - Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Radiation Measurement Technologies Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

Trade debtors

Trade debtors are amounts due from customers in the ordinary course of business.

Trade debtors are recognised at transaction price less provision for the impairment. A provision for impairment is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables

Stocks

Stocks are stated at the lower of cost and realisable value, after making provision for impairment. The impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Radiation Measurement Technologies Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 2 (2024 - 2).

Radiation Measurement Technologies Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

4	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 April 2024	7,124	7,124
Additions	1,780	1,780
At 31 March 2025	8,904	8,904
Depreciation
At 1 April 2024	3,377	3,377
Charge for the year	1,653	1,653
At 31 March 2025	5,030	5,030
Carrying amount
At 31 March 2025	3,874	3,874
At 31 March 2024	3,747	3,747

5

Stocks

	2025 £	2024 £
Work in progress	5,000	2,300
Other inventories	7,540	5,500
	12,540	7,800

6

Debtors

Current	2025 £	2024 £
Trade debtors	18,408	19,200
Prepayments	109	35
	18,517	19,235

Radiation Measurement Technologies Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	3,523	2,000
Taxation and social security		4,447	19,545
Accruals and deferred income		1,860	1,860
Other creditors		5,979	980
		15,809	24,385

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	333	2,333

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	333	2,333

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	2,000	2,000
Bank overdrafts	1,523	-
	3,523	2,000

Radiation Measurement Technologies Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

9	Related party transactions

Director's remuneration

The director is remunerated by salary and dividend. The director considers that his remuneration meets the criteria of being under normal market conditions.

Loans from related parties

	Key management
	2025 £	2024 £
At start of period	980	980
Advanced	5,000	-
At end of period	5,980	980