Radd Properties Limited


Directors	Keal, Andrew Stephen
	Roe, Richard Keith
	Sparke, David


Registered Address	The Station
	77 Canal Road
	Leeds
	LS12 2LX


Registered Number	11954170 (England and Wales)

Balance Sheet as at
30 April 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Investment property	3		845,121		845,121
			845,121		845,121
Current assets
Debtors	4	12		12
Cash at bank and on hand		37,749		21,571
		37,761		21,583
Creditors amounts falling due within one year	5	(444,897)		(415,836)
Net current assets (liabilities)			(407,136)		(394,253)
Total assets less current liabilities			437,985		450,868
Creditors amounts falling due after one year	6		(230,055)		(262,151)
Net assets			207,930		188,717
Capital and reserves
Called up share capital			12		12
Share premium			30,000		30,000
Profit and loss account			177,918		158,705
Shareholders' funds			207,930		188,717

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 16 June 2026, and are signed on its behalf by:

Sparke, David
Director
Registered Company No. 11954170

Radd Properties Limited

Notes to the Financial Statements
for the year ended 30 April 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investment property
	Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		0

3.	Investment property
	The directors have looked at the fair value of the property at the year end and do not believe it to be materially different from the previous year.


		£
	Fair value at 01 May 25	845,121
	At 30 April 26	845,121

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Other debtors	12	12
Total	12	12

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Bank borrowings and overdrafts	30,000	36,000
Taxation and social security	8,837	6,176
Other creditors	392,502	360,102
Accrued liabilities and deferred income	13,558	13,558
Total	444,897	415,836

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	230,055	262,151
Total	230,055	262,151