Radstock Ltd - Accounts to registrar (filleted) - small 18.2

Radstock Ltd - Accounts to registrar (filleted) - small 18.2

RADSTOCK LTD - Company Information

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REGISTERED NUMBER: 05986463 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2018

for

RADSTOCK LTD
RADSTOCK LTD (REGISTERED NUMBER: 05986463)






Contents of the Financial Statements
for the Year Ended 31 December 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

RADSTOCK LTD

Company Information
for the Year Ended 31 December 2018







DIRECTOR: Mrs C B Lim





SECRETARY: Mrs S W Cheung





REGISTERED OFFICE: Oriental Express
Kings Road
Cleethorpes
Lincolnshire
DN35 0AG





REGISTERED NUMBER: 05986463 (England and Wales)





Page 1
RADSTOCK LTD (REGISTERED NUMBER: 05986463)

Balance Sheet
31 December 2018

31.12.18 31.12.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 113,024 123,134

CURRENT ASSETS
Stocks 6,726 8,765
Cash at bank and in hand 96,782 78,737
103,508 87,502
CREDITORS
Amounts falling due within one year 5 65,913 69,629
NET CURRENT ASSETS 37,595 17,873
TOTAL ASSETS LESS CURRENT
LIABILITIES
150,619
141,007

PROVISIONS FOR LIABILITIES 2,861 2,861
NET ASSETS 147,758 138,146

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 146,758 137,146
SHAREHOLDERS' FUNDS 147,758 138,146

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 31 October 2019 and were signed by:





Mrs C B Lim - Director


The notes form part of these financial statements

Page 2
RADSTOCK LTD (REGISTERED NUMBER: 05986463)

Notes to the Financial Statements
for the Year Ended 31 December 2018

1. STATUTORY INFORMATION

Radstock 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.
Land and buildings - 10% on cost
Plant and machinery etc - straight line over 25years

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2017 - 21 ) .

Page 3 continued...
RADSTOCK LTD (REGISTERED NUMBER: 05986463)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2018

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2018
and 31 December 2018 190,000 100,000 290,000
DEPRECIATION
At 1 January 2018 83,600 83,266 166,866
Charge for year 7,600 2,510 10,110
At 31 December 2018 91,200 85,776 176,976
NET BOOK VALUE
At 31 December 2018 98,800 14,224 113,024
At 31 December 2017 106,400 16,734 123,134

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.18 31.12.17
£    £   
Trade creditors 33,183 40,647
Tax 5,313 5,141
VAT 13,363 12,763
Directors' current accounts 12,054 9,078
Accrued expenses 2,000 2,000
65,913 69,629

Page 4
RADSTOCK LTD

Report of the Accountants to the Director of
Radstock Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a
Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2018 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.








Date: .............................................

This page does not form part of the statutory financial statements

Page 5