REGISTERED NUMBER: 14061327 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

RD Systems Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C Dalloway

REGISTERED OFFICE:

794 High Street

Kingswinford

West Midlands

DY6 8BQ

BUSINESS ADDRESS:

Unit 7

Gun Barrell Industrial Centre

Cradley Heath

West Midlands

B64 7JZ

REGISTERED NUMBER:

14061327 (England and Wales)

ACCOUNTANTS:

Dalton Pardoe Limited

Chartered Accountants

794 High Street

Kingswinford

West Midlands

DY6 8BQ

FIXED ASSETS

Tangible assets

4

18,988

22,432

CURRENT ASSETS

Stocks

9,725

5,150

Debtors

5

215,666

167,957

Cash at bank

10,517

2,134

235,908

175,241

CREDITORS

Amounts falling due within one year

6

230,869

175,797

NET CURRENT ASSETS/(LIABILITIES)

5,039

(556

)

TOTAL ASSETS LESS CURRENT LIABILITIES

24,027

21,876

CAPITAL AND RESERVES

Called up share capital

7

20

20

Retained earnings

8

24,007

21,856

SHAREHOLDERS' FUNDS

24,027

21,876

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 10 November 2025 and were signed by:

C Dalloway - Director

1.	STATUTORY INFORMATION

RD Systems Ltd. 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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 May 2024

and 30 April 2025

25,450

200

867

26,517

DEPRECIATION

At 1 May 2024

3,818

50

217

4,085

Charge for year

3,244

38

162

3,444

At 30 April 2025

7,062

88

379

7,529

NET BOOK VALUE

At 30 April 2025

18,388

112

488

18,988

At 30 April 2024

21,632

150

650

22,432

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

203,389

155,248

Other debtors

12,277

12,709

215,666

167,957

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

4,078

44,216

Tax

7,528

338

Social security and other taxes

39,645

26,363

VAT

83,206

44,705

Other creditors

-

753

Directors' current accounts

95,098

58,343

Accrued expenses

1,314

1,079

230,869

175,797

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

20

Ordinary

1

20

20

8.

RESERVES

Retained

earnings

£

At 1 May 2024

21,856

Profit for the year

29,151

Dividends

(27,000

)

At 30 April 2025

24,007