Company Registration No. 10047695 (England and Wales)
Ratiobox Limited
Unaudited accounts
for the year ended 31 March 2025
Ratiobox Limited
Unaudited accounts
Contents
Ratiobox Limited
Company Information
for the year ended 31 March 2025
Directors
Benjamin James Watkins
Jayne Louise Watkins
Secretary
Jayne Louise Watkins
Company Number
10047695 (England and Wales)
Registered Office
17-19 Sawmills Road
Diss
IP22 4GG
England
Ratiobox Limited
Statement of financial position
as at 31 March 2025
Tangible assets
70,657
92,447
Cash at bank and in hand
57,462
47,803
Creditors: amounts falling due within one year
(227,691)
(217,016)
Net current (liabilities)/assets
(26,586)
25,970
Total assets less current liabilities
44,071
118,417
Creditors: amounts falling due after more than one year
(18,030)
(56,701)
Provisions for liabilities
Deferred tax
(17,664)
(23,112)
Called up share capital
200
200
Profit and loss account
8,177
38,404
Shareholders' funds
8,377
38,604
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by
Benjamin James Watkins
Director
Company Registration No. 10047695
Ratiobox Limited
Notes to the Accounts
for the year ended 31 March 2025
Ratiobox Limited is a private company, limited by shares, registered in England and Wales, registration number 10047695. The registered office is 17-19 Sawmills Road, Diss, IP22 4GG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided straight line over the following periods in order to write off the assets over their estimated useful lives:
Fixtures & fittings
2-10 years
Computer equipment
2-5 years
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 accounts. 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 current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.
Ratiobox Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
124,611
54,349
178,960
Additions
1,270
1,296
2,566
Disposals
(3,081)
(15,651)
(18,732)
At 31 March 2025
122,800
39,994
162,794
At 1 April 2024
51,139
35,374
86,513
Charge for the year
4,853
19,503
24,356
On disposals
(3,081)
(15,651)
(18,732)
At 31 March 2025
52,911
39,226
92,137
At 31 March 2025
69,889
768
70,657
At 31 March 2024
73,472
18,975
92,447
Amounts falling due within one year
Trade debtors
34,573
39,336
Amounts due from group undertakings etc.
26,858
80,166
Accrued income and prepayments
26,793
19,020
Other debtors
55,419
56,661
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,343
-
Trade creditors
17,915
20,739
Taxes and social security
108,509
114,355
Other creditors
8,548
5,914
7
Creditors: amounts falling due after more than one year
2025
2024
Ratiobox Holdings Limited, 17-19 Sawmills Road, Diss, IP22 4GG, England
Ratiobox Limited
Notes to the Accounts
for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 28 (2024: 26).