REGISTERED NUMBER: 06193020 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Radiance Plastering Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

38,472

47,441

CURRENT ASSETS

Debtors

5

54,931

25,504

Cash at bank

47

94

54,978

25,598

CREDITORS

Amounts falling due within one year

6

66,006

29,953

NET CURRENT LIABILITIES

(11,028

)

(4,355

)

TOTAL ASSETS LESS CURRENT LIABILITIES

27,444

43,086

CREDITORS

Amounts falling due after more than one year

7

(20,025

)

(32,541

)

PROVISIONS FOR LIABILITIES

(7,310

)

(10,389

)

NET ASSETS

109

156

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

107

154

SHAREHOLDERS' FUNDS

109

156

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by:

Mr M J Dance - Director

1.	STATUTORY INFORMATION

Radiance Plastering Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06193020

Registered office:

407 Warwick Road

Solihull

B91 1BJ

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover is recognised as the company becomes eligible for consideration for the goods and services supplies. Therefore, turnover includes the element of work completed but not yet billed for.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2024

8,089

66,550

1,057

75,696

Additions

-

-

649

649

At 30 June 2025

8,089

66,550

1,706

76,345

DEPRECIATION

At 1 July 2024

6,265

21,779

211

28,255

Charge for year

365

8,954

299

9,618

At 30 June 2025

6,630

30,733

510

37,873

NET BOOK VALUE

At 30 June 2025

1,459

35,817

1,196

38,472

At 30 June 2024

1,824

44,771

846

47,441

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 July 2024

and 30 June 2025

65,750

DEPRECIATION

At 1 July 2024

21,619

Charge for year

8,826

At 30 June 2025

30,445

NET BOOK VALUE

At 30 June 2025

35,305

At 30 June 2024

44,131

Hire purchase agreements are secured on the assets to which they relate.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

18,674

10,162

Other debtors

36,257

15,342

54,931

25,504

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

17,207

9,826

Hire purchase contracts

7,755

5,557

Trade creditors

26,824

6,002

Taxation and social security

7,279

495

Other creditors

6,941

8,073

66,006

29,953

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

20,025

32,541

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

2025

2024

£

£

Mr M J Dance

Balance outstanding at start of year

392

-

Amounts advanced

46,188

704

Amounts repaid

(31,964

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

14,616

392