Radcombe Services Limited 10298629 false 2025-01-01 2026-03-31 2026-03-31 The principal activity of the company is residents property management. Digita Accounts Production Advanced 6.30.9574.0 true 10298629 2025-01-01 2026-03-31 10298629 2026-03-31 10298629 core:CurrentFinancialInstruments 2026-03-31 10298629 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 10298629 bus:SmallEntities 2025-01-01 2026-03-31 10298629 bus:AuditExemptWithAccountantsReport 2025-01-01 2026-03-31 10298629 bus:FilletedAccounts 2025-01-01 2026-03-31 10298629 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2026-03-31 10298629 bus:RegisteredOffice 2025-01-01 2026-03-31 10298629 bus:Director1 2025-01-01 2026-03-31 10298629 bus:PrivateLimitedCompanyLtd 2025-01-01 2026-03-31 10298629 countries:EnglandWales 2025-01-01 2026-03-31 10298629 2024-12-31 10298629 2024-01-01 2024-12-31 10298629 2024-12-31 10298629 core:CurrentFinancialInstruments 2024-12-31 10298629 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 iso4217:GBP xbrli:pure

Registration number: 10298629 (England & Wales)

Prepared for the registrar
Radcombe Services Limited
Annual Report and Unaudited Financial Statements
for the Period from 1 January 2025 to 31 March 2026

Radcombe Services Limited

(Registration number: 10298629)
Balance Sheet as at 31 March 2026

| Note | 2026 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | - | 593,380
Current assets |  |  |
Debtors | 5 | 16,708 | -
Cash at bank and in hand |  | 251 | 4,139
|  | 16,959 | 4,139
Creditors: Amounts falling due within one year | 6 | (16,859) | (248,711)
Net current assets/(liabilities) |  | 100 | (244,572)
Net assets |  | 100 | 348,808
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | - | 348,708
Shareholders' funds |  | 100 | 348,808

For the financial period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period 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 18 May 2026

S M Tandy
Director

Radcombe Services Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2025 to 31 March 2026

| 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:
Windsor House
Bayshill Road
Cheltenham
GL50 3AT

| 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 for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Judgements

These financial statements do not contain any significant judgements or estimation uncertainty.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for rental income in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

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

The current 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.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

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.

Radcombe Services Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2025 to 31 March 2026

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.

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.

Financial instruments

Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Impairment
Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss.

| 3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2024 - 1).

| 4 | Investment properties

| £
At 1 January 2025 | 593,380
Disposals | (593,380)
At 31 March 2026 | -

Radcombe Services Limited

Notes to the Unaudited Financial Statements for the Period from 1 January 2025 to 31 March 2026

| 5 | Debtors

| Note | 2026 £ | 2024 £
Receivables from related parties | 7 | 16,708 | -
|  | 16,708 | -

| 6 | Creditors

| Note | 2026 £ | 2024 £
Due within one year |  |  |
Amounts due to related parties | 7 | - | 243,526
Taxation and social security |  | 14,959 | 3,324
Accruals and deferred income |  | 1,900 | 1,850
Other creditors |  | - | 11
|  | 16,859 | 248,711

| 7 | Related party transactions

At 31 March 2026, the company owed £Nil (2024: £243,526) to fellow group companies.
At 31 March 2026, the company was owed £16,708 (2024: £Nil) by a fellow group company.
At 31 March 2026, the company owed £Nil to the director (2024: £11) in the form of a director's loan account.
No interest was charged on these balances, and there are no fixed repayment terms.

| 8 | Parent and ultimate parent undertaking

The company's immediate parent is Domsea Limited, incorporated in England and Wales.