REGISTERED NUMBER: 02073214 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026

FOR

RDM TEST EQUIPMENT LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

60,436

44,719

CURRENT ASSETS

Stocks

811,020

748,073

Debtors

5

2,033,863

1,897,216

Cash at bank

945,779

565,089

3,790,662

3,210,378

CREDITORS

Amounts falling due within one year

6

847,578

465,510

NET CURRENT ASSETS

2,943,084

2,744,868

TOTAL ASSETS LESS CURRENT LIABILITIES

3,003,520

2,789,587

CREDITORS

Amounts falling due after more than one year

7

(27,578

)

(51,764

)

PROVISIONS FOR LIABILITIES

(3,719

)

(4,401

)

NET ASSETS

2,972,223

2,733,422

CAPITAL AND RESERVES

Called up share capital

900

900

Retained earnings

2,971,323

2,732,522

SHAREHOLDERS' FUNDS

2,972,223

2,733,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th June 2026 and were signed on its behalf by:

J Thorndycraft - Director

1.	STATUTORY INFORMATION

RDM Test Equipment Limited 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:

02073214

Registered office:

Unit 39 Golds Nursery Business Park

Jenkins Drive

Elsenham

Bishops Stortford

Hertfordshire

CM22 6JX

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost, 25% on reducing balance and 20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 21 (2025 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2025

199,486

Additions

58,384

Disposals

(99,425

)

At 31st March 2026

158,445

DEPRECIATION

At 1st April 2025

154,767

Charge for year

15,390

Eliminated on disposal

(72,148

)

At 31st March 2026

98,009

NET BOOK VALUE

At 31st March 2026

60,436

At 31st March 2025

44,719

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

611,680

432,498

Amounts owed by group undertakings

1,402,255

1,402,135

Other debtors

19,928

62,583

2,033,863

1,897,216

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

20,127

80,374

Hire purchase contracts

8,369

8,369

Trade creditors

616,590

243,668

Taxation and social security

127,746

60,367

Other creditors

74,746

72,732

847,578

465,510

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

20,000

Hire purchase contracts

27,578

31,764

27,578

51,764

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

20,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank loans

20,000

100,000

The bank loans are secured by fixed and floating charges over the assets and undertaking of the company.