RADIANT SYSTEMS EUROPE LIMITED - Accounts

RADIANT SYSTEMS EUROPE LIMITED - Accounts

RADIANT SYSTEMS EUROPE LIMITED - Company Information

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Registered Number: 05994872
England and Wales

 

 

 

RADIANT SYSTEMS EUROPE LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

RADIANT SYSTEMS EUROPE LIMITED
Contents Page
For the year ended 31 December 2021
  2021   2020
    £ £   £ £
Current assets 853,518      310,352   
Prepayments and accrued income 0      15,982   
Creditors: amount falling due within one year (668,992)     (372,522)  
Net current assets   184,526      (46,188)
Total assets less current liabilities   184,526      (46,188)
Provisions for liabilities   (1,238)     0 
Net assets   183,288      (46,188)
 

         
Capital and reserves   183,288      (46,188)
 
NOTES TO THE ACCOUNTS

General Information
RADIANT SYSTEMS EUROPE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05994872, registration address Office Gold,Building 3 Chiswick Business Park, 566 Chiswick High Road, London, W4 5YA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees


Average number of employees during the year was 3 (2020 : 4).

3.

Controlling party

The Company was under the control of Radiant Systems Inc a company incorporated in the US throughout the current year. Radiant Systems Inc wholly owns the share capital.

For the year ended 31 December 2021 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, the financial reporting standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the board of directors on 23 September 2022 and were signed on its behalf by:


--------------------------------
Vinod Koduru
Director		--------------------------------
Venu Myneni
Director		--------------------------------
Murthy Anjeneyalu Srinivasa
Director
1