REGISTERED NUMBER: 03184447 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Radio Technical Services Ltd

T/A

RTS Communications

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M O Edwards

S Moore

F C Morton

SECRETARY:

F C Morton

REGISTERED OFFICE:

40-42 Jaggard Way

London

SW12 8SG

REGISTERED NUMBER:

03184447 (England and Wales)

ACCOUNTANTS:

MG White Chartered Accountants

15 Rye Hill Road

Harlow

Essex

CM18 7JE

FIXED ASSETS

Tangible assets

4

319,528

380,941

Investments

5

1,792,402

1,000,000

2,111,930

1,380,941

CURRENT ASSETS

Debtors

6

379,442

1,992,512

Cash at bank and in hand

2,942,763

2,691,325

3,322,205

4,683,837

CREDITORS

Amounts falling due within one year

7

609,385

1,184,236

NET CURRENT ASSETS

2,712,820

3,499,601

TOTAL ASSETS LESS CURRENT LIABILITIES

4,824,750

4,880,542

CAPITAL AND RESERVES

Called up share capital

8

15,000

15,000

Share premium

9

65,400

-

Capital redemption reserve

9

600

-

Retained earnings

9

4,743,750

4,865,542

SHAREHOLDERS' FUNDS

4,824,750

4,880,542

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 26 October 2026 and were signed on its behalf by:

F C Morton - Director

1.	STATUTORY INFORMATION

Radio Technical Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Improvements to property

-

10% on cost

Motor vehicles

-

25% on reducing balance

Studio equipment

-

20% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 18 (2025 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Motor

Studio

property

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

38,058

185,183

2,497,075

2,720,316

Additions

-

60,246

205,756

266,002

Disposals

-

(85,257

)

-

(85,257

)

At 31 March 2026

38,058

160,172

2,702,831

2,901,061

DEPRECIATION

At 1 April 2025

25,334

118,195

2,195,846

2,339,375

Charge for year

1,486

30,093

288,975

320,554

Eliminated on disposal

-

(78,396

)

-

(78,396

)

At 31 March 2026

26,820

69,892

2,484,821

2,581,533

NET BOOK VALUE

At 31 March 2026

11,238

90,280

218,010

319,528

At 31 March 2025

12,724

66,988

301,229

380,941

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

1,000,000

Additions

792,402

At 31 March 2026

1,792,402

NET BOOK VALUE

At 31 March 2026

1,792,402

At 31 March 2025

1,000,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

331,988

1,131,361

Other debtors

6,120

102,555

Directors' current accounts

-

429,157

Prepayments and accrued income

41,334

329,439

379,442

1,992,512

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

68,537

205,645

Tax

185,840

641,020

Social security and other taxes

35,615

40,696

VAT

158,890

290,268

Other creditors

4,748

-

Directors' current accounts

3,227

1,457

Accruals and deferred income

64,353

5,150

Accrued expenses

88,175

-

609,385

1,184,236

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

15,000

Ordinary

1

15,000

15,000

9.

RESERVES

Capital

Retained

Share

redemption

earnings

premium

reserve

Totals

£

£

£

£

At 1 April 2025

4,865,542

-

-

4,865,542

Profit for the year

499,408

499,408

Dividends

(555,200

)

(555,200

)

Purchase of own shares

(66,000

)

-

600

(65,400

)

Cash share issue

-

65,400

-

65,400

At 31 March 2026

4,743,750

65,400

600

4,809,750

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Mr F C Morton has given a personal guarantee to the company's bankers to cover any bank borrowings.

11.	ULTIMATE CONTROLLING PARTY

The company was under the control of Mr F C Morton throughout the current and previous year by virtue of his shareholding.

12.	LEASE COMMITMENTS

5 year lease renewable by mutual agreement.