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Registration number: 02520557

Contact Radio Communications Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 July 2025

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Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Financial Statements | 4 to 9

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Company Information

Directors | Mrs C A Body Mr T C G Body Mr M Body

Registered office | 19 Leeway Court Leeway Industrial Estate Newport Gwent NP19 4SJ

Accountants | Sterling Grove Accountants Limited Chartered Certified AccountantFawley House 2 Regatta Place Marlow Road Bourne End Buckinghamshire SL8 5TD

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(Registration number: 02520557)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 55,655 | 55,542
Tangible assets | 5 | 479,896 | 421,866
|  | 535,551 | 477,408
Current assets |  |  |
Stocks | 6 | 2,500 | 2,500
Debtors | 7 | 196,387 | 143,833
Cash at bank and in hand |  | 937,502 | 978,028
|  | 1,136,389 | 1,124,361
Creditors: Amounts falling due within one year | 8 | (190,702) | (145,451)
Net current assets |  | 945,687 | 978,910
Total assets less current liabilities |  | 1,481,238 | 1,456,318
Provisions for liabilities |  | (114,000) | (90,500)
Net assets |  | 1,367,238 | 1,365,818
Capital and reserves |  |  |
Called up share capital |  | 50 | 50
Capital redemption reserve |  | 50 | 50
Retained earnings |  | 1,367,138 | 1,365,718
Shareholders' funds |  | 1,367,238 | 1,365,818

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 February 2026 and signed on its behalf by:

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(Registration number: 02520557)
Balance Sheet as at 31 July 2025

......................................... Mr T C G Body Director

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Notes to the Financial Statements for the Year Ended 31 July 2025

1 | General information

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

The address of its registered office is:
19 Leeway Court
Leeway Industrial Estate
Newport
Gwent
NP19 4SJ
United Kingdom

These financial statements were authorised for issue by the Board on 2 February 2026.

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.

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 sales/value added tax, returns, rebates and discounts.

Government grants

Government grants are recognised under the accrual model of grant recognition. This model requires the grant to be classified as either a revenue-based grant or a capital-based grant.
Government grants are recognised in profit or loss on a systematic basis over the periods in which the entity recognises expenses for the related costs for which the grants are intended to compensate.
Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset.

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Notes to the Financial Statements for the Year Ended 31 July 2025

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 between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and 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
Plant and machinery | 15% on reducing balance
Furniture, fittings and equipment | 15% on reducing balance
Motor vehicles | 25% on reducing balance
Rental stock | 20% on reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

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Notes to the Financial Statements for the Year Ended 31 July 2025

Asset class | Amortisation method and rate
Goodwill | evenly over 20 years
Website costs | evenly over 10 years

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised at the transaction price less provision for impairment. A provision for the impairment of trade debtors 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 estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; 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 at the transaction price.

Share capital

Ordinary shares are classified as equity.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

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Notes to the Financial Statements for the Year Ended 31 July 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2024 - 9).

4 | Intangible assets

| Goodwill £ | Other intangible assets £ | Total £
Cost or valuation
At 1 August 2024 | 250,000 | 15,000 | 265,000
Additions acquired separately | - | 14,600 | 14,600
At 31 July 2025 | 250,000 | 29,600 | 279,600
Amortisation
At 1 August 2024 | 208,333 | 1,125 | 209,458
Amortisation charge | 12,500 | 1,987 | 14,487
At 31 July 2025 | 220,833 | 3,112 | 223,945
Carrying amount
At 31 July 2025 | 29,167 | 26,488 | 55,655
At 31 July 2024 | 41,667 | 13,875 | 55,542

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Notes to the Financial Statements for the Year Ended 31 July 2025

5 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Rental stock £ | Plant and machinery £ | Total £
Cost or valuation
At 1 August 2024 | 5,700 | 110,344 | 810,956 | 31,210 | 958,210
Additions | - | 29,004 | 137,639 | 659 | 167,302
Disposals | - | (15,654) | (25,545) | - | (41,199)
At 31 July 2025 | 5,700 | 123,694 | 923,050 | 31,869 | 1,084,313
Depreciation
At 1 August 2024 | 3,441 | 24,704 | 483,964 | 24,235 | 536,344
Charge for the year | 339 | 27,298 | 65,398 | 1,067 | 94,102
Eliminated on disposal | - | (12,868) | (13,161) | - | (26,029)
At 31 July 2025 | 3,780 | 39,134 | 536,201 | 25,302 | 604,417
Carrying amount
At 31 July 2025 | 1,920 | 84,560 | 386,849 | 6,567 | 479,896
At 31 July 2024 | 2,259 | 85,640 | 326,992 | 6,975 | 421,866

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Notes to the Financial Statements for the Year Ended 31 July 2025

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 2,500 | 2,500

7 | Debtors

| 2025 £ | 2024 £
Trade debtors | 187,490 | 136,079
Prepayments | 8,897 | 7,754
| 196,387 | 143,833

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 131,955 | 54,034
Taxation and social security | 35,417 | 64,004
Accruals and deferred income | 3,530 | 3,521
Other creditors | 19,800 | 23,892
| 190,702 | 145,451

9 | Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are financial commitments of £2,494 (2024 - £12,469).