RAD_SAFE_HEALTH_PHYSICS_L - Accounts

RAD SAFE HEALTH PHYSICS LIMITED - Company Information

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Company Registration No. 06486198 (England and Wales)

RAD SAFE HEALTH PHYSICS LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

RAD SAFE HEALTH PHYSICS LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

RAD SAFE HEALTH PHYSICS LTD

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

17,764

23,685

Current assets

Debtors

4,500

1,944

Cash at bank and in hand

43,684

26,010

48,184

27,954

Creditors: amounts falling due within one year

(27,282)

(22,443)

Net current assets

20,902

5,511

Total assets less current liabilities

38,666

29,196

Creditors: amounts falling due after more than one year

(15,940)

(19,975)

22,726

9,221

Capital and reserves

Called up share capital

Profit and loss account

22,724

9,219

Shareholders' funds

22,726

9,221

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 24 July 2015

Mr G C Box

Director

Company Registration No. 06486198

RAD SAFE HEALTH PHYSICS LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

3 years straight line

Motor vehicles

25% reducing balance basis

Fixed assets

Tangible assets

Cost

At 1 April 2014 & at 31 March 2015

32,081

Depreciation

At 1 April 2014

8,396

Charge for the period

5,921

At 31 March 2015

14,317

Net book value

At 31 March 2015

17,764

At 31 March 2014

23,685

Share capital

2015

2014

Allotted, called up and fully paid

1 Ordinary 'A' Share of £1 each

1 Ordinary 'B' Share of £1 each

RAD SAFE HEALTH PHYSICS LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Ultimate parent company

The company was under the control of the sole director, Mr G Box, throughout the current and preceding period. Mr G Box owns 50% of the issued share capital of the company and as such is beneficially entitled to dividends declared and paid by the company in accordance with his shareholding.

At the year end of 31st March 2015, the company owed the director, Mr G Box £6,814 (2014: 6,239).

Related party relationships and transactions

Loans to directors

Transactions in relation to loans with directors during the year are outlined in the table below:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Mr G C Box - Director's Current Account

(6,239)

50,853

51,428

(6,814)

(6,239)

50,853

51,428

(6,814)