Rademaker Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

1. General Information

Rademaker Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01619373 . The registered office is 1 London Road, Ipswich, Suffolk, IP1 2HA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Commission income

The company acts as an agent, rather than as a principal, in respect of certain sales of goods made on behalf of its parent undertaking, as it does not bear the significant risks and rewards of ownership of those goods. Amounts collected on behalf of the parent undertaking are not recognised as turnover; instead, turnover represents the agreed commission receivable on such sales. Commission income is recognised when the company becomes entitled to it, being the point at which the related sale of goods is completed.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

20% on reducing balance and 33% on cost

2.4. Financial Instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash, loans to group undertakings, and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less; if not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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Rademaker Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Taxation for the year comprises current and deferred 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 or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Current tax is the amount of corporation tax payable in respect of the taxable profit for the year, measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. 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.

2.7. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 January 2025	31,748
Additions	13,418
Disposals	(17,556 )

As at 31 December 2025	27,610

Depreciation
As at 1 January 2025	26,932
Provided during the period	5,179
Disposals	(17,556 )

As at 31 December 2025	14,555

Net Book Value
As at 31 December 2025	13,055

As at 1 January 2025	4,816

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Rademaker Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	5,351	48,832
Prepayments and accrued income	9,453	9,970
Other debtors	60	-
VAT	5,964	7,176
Amounts owed by group undertakings	372,080	-

	392,908	65,978

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	4,114	27,799
Other taxes and social security	20,575	20,803
Net wages	-	421
Accruals and deferred income	23,147	7,200
Amounts owed to group undertakings	-	27,969

	47,836	84,192

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

8. Related Party Transactions

There were no related party transactions outside the normal course of business.

9. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

10. Ultimate Controlling Party

The company's ultimate controlling party is Rademaker Holdings bv by virtue of it's indirect ownership of 100% of the issued share capital in the company.

11. Audit Information

The auditor's report on the accounts of Rademaker Limited for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Christopher Smith (Senior Statutory Auditor) for and on behalf of GMS FC Ltd , Statutory Auditor.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		13,055		4,816

			13,055		4,816
CURRENT ASSETS
Debtors	5	392,908		65,978
Cash at bank and in hand		53,942		15,844

		446,850		81,822
Creditors: Amounts Falling Due Within One Year	6	(47,836 )		(84,192 )

NET CURRENT ASSETS (LIABILITIES)			399,014		(2,370 )

TOTAL ASSETS LESS CURRENT LIABILITIES			412,069		2,446

NET ASSETS			412,069		2,446

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			411,969		2,346

SHAREHOLDERS' FUNDS			412,069		2,446