Radius Health Creative Limited
Unaudited Financial Statements
For the year ended 28 February 2026
Pages for Filing with Registrar
Company Registration No. 12888079 (England and Wales)
Radius Health Creative Limited
Contents
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 6
Radius Health Creative Limited
Balance Sheet
As at 28 February 2026
Page 1
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
7,153
8,363
Current assets
Debtors
4
323,331
236,304
Cash at bank and in hand
874,574
842,586
1,197,905
1,078,890
Creditors: amounts falling due within one year
5
(179,683)
(222,589)
Net current assets
1,018,222
856,301
Net assets
1,025,375
864,664
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
1,025,373
864,662
Total equity
1,025,375
864,664
For the financial year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 25 August 2026 and are signed on its behalf by:
C Valdez
Director
Company Registration No. 12888079
Radius Health Creative Limited
Statement of Changes in Equity
For the year ended 28 February 2026
Page 2
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 March 2024
2
738,231
738,233
Year ended 28 February 2025:
Profit and total comprehensive income for the year
-
282,541
282,541
Dividends
-
(156,110)
(156,110)
Balance at 28 February 2025
2
864,662
864,664
Year ended 28 February 2026:
Profit and total comprehensive income for the year
-
316,267
316,267
Dividends
-
(155,556)
(155,556)
Balance at 28 February 2026
2
1,025,373
1,025,375
Radius Health Creative Limited
Notes to the Financial Statements
For the year ended 28 February 2026
Page 3
1
Accounting policies
Company information
Radius Health Creative Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6th Floor Charlotte Building, 17 Gresse Street, London, United Kingdom, W1T 1QL.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computers
30% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Radius Health Creative Limited
Notes to the Financial Statements (Continued)
For the year ended 28 February 2026
1
Accounting policies
(Continued)
Page 4
1.5
Financial instruments
The Company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.
1.6
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.7
Taxation
The tax expense represents the sum of the tax currently payable.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
1.8
Foreign exchange
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2026
2025
Number
Number
Total
3
3
Radius Health Creative Limited
Notes to the Financial Statements (Continued)
For the year ended 28 February 2026
Page 5
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2025
20,319
Additions
3,052
Disposals
(4,633)
At 28 February 2026
18,738
Depreciation and impairment
At 1 March 2025
11,956
Depreciation charged in the year
4,262
Eliminated in respect of disposals
(4,633)
At 28 February 2026
11,585
Carrying amount
At 28 February 2026
7,153
At 28 February 2025
8,363
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
290,352
217,571
Other debtors
8,303
18,733
Prepayments and accrued income
24,676
323,331
236,304
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
54,676
88,556
Corporation tax
107,337
94,009
Other taxation and social security
12,838
31,630
Other creditors
4,832
8,394
179,683
222,589
Radius Health Creative Limited
Notes to the Financial Statements (Continued)
For the year ended 28 February 2026
Page 6
6
Ultimate controlling party
There is no ultimate controlling party.