Radox Radiators Ltd,Ltd - AccountsLtd - Accounts

Radox Radiators Ltd,Ltd - AccountsLtd - Accounts

RADOX RADIATORS LTD - Company Information

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2020-04-01 07056324 2021-03-31 07056324 2020-04-01 2021-03-31 07056324 2020-03-31 07056324 2019-04-01 2020-03-31 07056324 uk-core:WithinOneYear 2020-03-31 07056324 uk-core:WithinOneYear 2021-03-31 07056324 uk-core:AfterOneYear 2020-03-31 07056324 uk-core:AfterOneYear 2021-03-31 07056324 uk-core:ShareCapital 2021-03-31 07056324 uk-core:ShareCapital 2020-03-31 07056324 uk-core:RetainedEarningsAccumulatedLosses 2021-03-31 07056324 uk-core:RetainedEarningsAccumulatedLosses 2020-03-31 07056324 uk-bus:Director1 2020-04-01 2021-03-31 07056324 uk-core:ToolsEquipment 2020-03-31 07056324 uk-core:FurnitureFittings 2020-03-31 07056324 uk-core:MotorCars 2020-03-31 07056324 uk-core:ToolsEquipment 2020-04-01 2021-03-31 07056324 uk-core:FurnitureFittings 2020-04-01 2021-03-31 07056324 uk-core:MotorCars 2020-04-01 2021-03-31 07056324 uk-core:MotorCars 2021-03-31 07056324 uk-core:FurnitureFittings 2021-03-31 07056324 uk-core:ToolsEquipment 2021-03-31 07056324 uk-core:WithinOneYear 2021-03-31 07056324 uk-core:WithinOneYear 2020-03-31 07056324 uk-core:AfterOneYear uk-core:Secured 2021-03-31 07056324 uk-core:AfterOneYear uk-core:Secured 2020-03-31 iso4217:GBP xbrli:pure 07056324 uk-bus:AuditExemptWithAccountantsReport 2020-04-01 2021-03-31 07056324 uk-bus:FRS102 2020-04-01 2021-03-31 07056324 uk-bus:FullAccounts 2020-04-01 2021-03-31 07056324 uk-bus:PrivateLimitedCompanyLtd 2020-04-01 2021-03-31
Radox Radiators Ltd
Registered Number:07056324
For the year ended 31 March 2021
England and Wales
Unaudited Financial Statements
2
Registered Number :
07056324
As at 31 March 2021
Radox Radiators Ltd
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
40,029
25,582
2
40,029
25,582
Current assets
Inventories
557,330
590,901
3
Trade and other receivables
207,915
248,584
4
15,478
Cash and cash equivalents
58,269
897,754
780,723
Trade and other payables: amounts falling due within one
year
(569,753)
(534,119)
5
210,970
363,635
Net current assets
Total assets less current liabilities
403,664
236,552
Trade and other payables: amounts falling due after more
than one year
(61,451)
(67,207)
6
336,457
Net assets
175,101
Capital and reserves
Called up share capital
100
100
Retained earnings
336,357
175,001
336,457
175,101
Shareholders' funds
For the year ended 31 March 2021 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Florin Neacsu Director
These financial statements were approved and authorised for issue by the Board on 20 September 2021 and were signed by:
The notes form part of these financial statements
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3
For the year ended 31 March 2021
Radox Radiators Ltd
Notes to the Financial Statements
Statutory Information
Radox Radiators Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07056324.
Registered address:
Unit 3 Midlands Industrial Estate
Holt
Trowbridge
Wiltshire
BA14 6RU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
£
£
£
£
Cost or
valuation
At 01 April 2020
72,262
15,440
19,060
37,762
38,607
2,535
-
36,072
Additions
-
-
(27,279)
Disposals
(27,279)
At 31 March 2021
46,555
19,060
17,975
83,590
Provision for depreciation and impairment
At 01 April 2020
46,680
12,114
16,004
18,562
Charge for year
5,148
1,517
834
2,797
(8,267)
-
-
(8,267)
On disposal
At 31 March 2021
43,561
13,631
16,838
13,092
At 31 March 2021
Net book value
33,463
2,222
4,344
40,029
At 31 March 2020
19,200
3,056
3,326
25,582
3. Inventories
2020
2021
£
£
Stocks
590,901
557,330
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4
For the year ended 31 March 2021
Radox Radiators Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2020
2021
£
£
Trade debtors
142,559
200,792
Other debtors
106,025
7,123
207,915
248,584
5. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Bank loans and overdraft
502
-
Trade creditors
463,167
515,473
Taxation and social security
65,106
44,252
Other creditors
5,344
10,028
534,119
569,753
6. Trade and other payables: amounts falling due after more than one year
2020
2021
£
£
Bank loans and overdraft
67,207
61,451
7. Average number of persons employed
During the year the average number of employees was 5 (2020 : 8)
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