Company Registration No. 15724998 (England and Wales)
The Rad Consulting Group Ltd
Unaudited accounts
for the year ended 31 May 2026
The Rad Consulting Group Ltd
Unaudited accounts
Contents
The Rad Consulting Group Ltd
Company Information
for the year ended 31 May 2026
Company Number
15724998 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
United Kingdom
The Rad Consulting Group Ltd
Statement of financial position
as at 31 May 2026
Intangible assets
23,200
26,100
Tangible assets
7,005
14,001
Cash at bank and in hand
2,288
281,279
Creditors: amounts falling due within one year
(412,568)
(736,431)
Net current liabilities
(264,464)
(19,151)
Total assets less current liabilities
(230,259)
20,950
Creditors: amounts falling due after more than one year
(19,327)
-
Net (liabilities)/assets
(249,586)
20,950
Profit and loss account
(249,586)
20,950
Shareholders' funds
(249,586)
20,950
For the year ending 31 May 2026 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 August 2026 and were signed on its behalf by
Oshobugie Idogho
Director
Company Registration No. 15724998
The Rad Consulting Group Ltd
Notes to the Accounts
for the year ended 31 May 2026
The Rad Consulting Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 15724998. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 May 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 16 May 2024.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less
any accumulated amortisation and any accumulated impairment losses.
4
Intangible fixed assets
Goodwill
The Rad Consulting Group Ltd
Notes to the Accounts
for the year ended 31 May 2026
5
Tangible fixed assets
Computer equipment
6
Investments
Subsidiary undertakings
Valuation at 1 June 2025
-
Valuation at 31 May 2026
4,000
Amounts falling due within one year
Trade debtors
145,816
432,078
8
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
-
122,510
Trade creditors
144,769
208,383
Taxes and social security
148,517
177,727
Other creditors
56,287
17,454
Loans from directors
(141,705)
-
9
Creditors: amounts falling due after more than one year
2026
2025
The Rad Consulting Group Ltd
Notes to the Accounts
for the year ended 31 May 2026
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
11
Average number of employees
During the year the average number of employees was 14 (2025: 20).