Abbreviated Company Accounts - RADIKLS LIMITED

03301070 RADIKLS LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 03301070 2014-01-01 2014-12-31 03301070 2014-12-31 03301070 2013-12-31 03301070 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 03301070 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 03301070

RADIKLS LIMITED

Abbreviated Accounts

31 December 2014

RADIKLS LIMITED Registered Number 03301070

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	53,605	31,500
Tangible assets	3	1,077	607
		54,682	32,107
Current assets
Debtors		80,372	66,518
Cash at bank and in hand		33,863	35,759
		114,235	102,277
Creditors: amounts falling due within one year		(91,419)	(48,056)
Net current assets (liabilities)		22,816	54,221
Total assets less current liabilities		77,498	86,328
Total net assets (liabilities)		77,498	86,328
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		77,496	86,326
Shareholders' funds		77,498	86,328

For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 5 May 2015

And signed on their behalf by:
Mr Anthony Reginald Raybould, Director

RADIKLS LIMITED Registered Number 03301070

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

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

Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Other accounting policies
Goodwill

Positive purchased goodwill arising on acquisitions is capitalised, classified as an asset on the balance sheet and amortised over its estimated useful life of 10 years. Goodwill is reviewed for impairment at the end of the first full financial year following each acquisition and subsequently as and when necessary if circumstances emerge that indicate that the carrying value may not be recoverable

2Intangible fixed assets

	£
Cost
At 1 January 2014	63,500
Additions	31,617
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	95,117
Amortisation
At 1 January 2014	32,000
Charge for the year	9,512
On disposals	-
At 31 December 2014	41,512
Net book values
At 31 December 2014	53,605
At 31 December 2013	31,500

3Tangible fixed assets

	£
Cost
At 1 January 2014	2,023
Additions	1,150
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	3,173
Depreciation
At 1 January 2014	1,416
Charge for the year	680
On disposals	-
At 31 December 2014	2,096
Net book values
At 31 December 2014	1,077
At 31 December 2013	607

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2