Radex Developments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10355365

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		584		65

			584		65
CURRENT ASSETS
Stocks	5	272		127
Debtors	6	22,942		33,084
Cash at bank and in hand		2,428		1,713

		25,642		34,924
Creditors: Amounts Falling Due Within One Year	7	(15,635 )		(14,727 )

NET CURRENT ASSETS (LIABILITIES)			10,007		20,197

TOTAL ASSETS LESS CURRENT LIABILITIES			10,591		20,262

Creditors: Amounts Falling Due After More Than One Year	8		(9,969 )		(20,131 )

NET ASSETS			622		131

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			522		31

SHAREHOLDERS' FUNDS			622		131

Page 1

Page 2

Radex Developments Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Katarzyna Kukurowska

Director

09/01/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Radex Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10355365 . The registered office is Crown House, 27 Old Gloucester Street, London, WC1N 3AX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% Straight Line
Motor Vehicles	15% Straight Line
Computer Equipment	25% Straight Line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Sales, marketing and distribution	2	2

	2	2

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Radex Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 October 2024	695	7,840	399	8,934
Additions	-	-	744	744
Disposals	-	-	(399 )	(399 )

As at 30 September 2025	695	7,840	744	9,279

Depreciation
As at 1 October 2024	631	7,840	398	8,869
Provided during the period	38	-	186	224
Disposals	-	-	(398 )	(398 )

As at 30 September 2025	669	7,840	186	8,695

Net Book Value
As at 30 September 2025	26	-	558	584

As at 1 October 2024	64	-	1	65

5. Stocks

	2025	2024
	£	£
Materials	272	127

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	92	88
Other debtors	22,850	32,996

	22,942	33,084

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	1
Bank loans and overdrafts	9,550	9,550
Corporation tax	1,890	4,280
Other taxes and social security	4,194	-
Accruals and deferred income	-	894
Directors' loan accounts	1	2

	15,635	14,727

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	9,969	20,131

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Radex Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within creditors are the following loans to directors:

	As at 1 October 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 September 2025
	£	£	£	£	£
Mrs Katarzyna Kukurowska	(1 )	6,601	(6,600 )	-	-
Mr Radoslaw Kukurowski	(1 )	6,600	(6,600 )	-	(1 )

The above loan is unsecured, interest free and repayable on demand.

11. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	-	7,800

12. Ultimate Controlling Party

The company's ultimate controlling party is Mr Radoslaw Kukurowski & Mr Katarzyna Kukurowska by virtue of their ownership of 100% of the issued share capital in the company.