Radioactive Productions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09093325 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2020

for

RADIOACTIVE PRODUCTIONS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M D J Hurley

Ms A Neamtu

REGISTERED OFFICE:

159 High Street

Barnet

EN5 5SU

REGISTERED NUMBER:

09093325 (England and Wales)

ACCOUNTANTS:

Joshua Leigh & Co Ltd

159 High Street

Barnet

Hertfordshire

EN5 5SU

FIXED ASSETS

Tangible assets

4

21,565

15,327

CURRENT ASSETS

Stocks

10,000

-

Debtors

103,415

107,369

Cash at bank

134,627

90,828

248,042

198,197

CREDITORS

Amounts falling due within one year

(38,746

)

(29,125

)

NET CURRENT ASSETS

209,296

169,072

TOTAL ASSETS LESS CURRENT LIABILITIES

230,861

184,399

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

230,661

184,199

SHAREHOLDERS' FUNDS

230,861

184,399

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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 20 March 2021 and were signed on its behalf by:

Mr M D J Hurley - Director

1.	STATUTORY INFORMATION

Radioactive Productions Limited 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.

Plant and machinery etc

-

25% 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 balance sheet date.

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 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2019

25,247

Additions

21,839

Disposals

(15,333

)

At 30 June 2020

31,753

DEPRECIATION

At 1 July 2019

9,920

Charge for year

7,185

Eliminated on disposal

(6,917

)

At 30 June 2020

10,188

NET BOOK VALUE

At 30 June 2020

21,565

At 30 June 2019

15,327