Radioactive Productions Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 09093325 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2023

for

RADIOACTIVE PRODUCTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M D J Hurley

Mrs A Neamtu

REGISTERED OFFICE:

159 High Street

Barnet

Hertfordshire

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

15,105

16,878

CURRENT ASSETS

Stocks

3,250

3,250

Debtors

5

95,409

91,889

Cash at bank

128,003

134,160

226,662

229,299

CREDITORS

Amounts falling due within one year

6

(37,706

)

(42,626

)

NET CURRENT ASSETS

188,956

186,673

TOTAL ASSETS LESS CURRENT LIABILITIES

204,061

203,551

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

203,861

203,351

SHAREHOLDERS' FUNDS

204,061

203,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2023 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 the cost less estimated residual value of 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.

Financial instruments

Basic financial instruments are recognised at amortised cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2022

30,496

Additions

4,752

At 30 June 2023

35,248

DEPRECIATION

At 1 July 2022

13,618

Charge for year

6,525

At 30 June 2023

20,143

NET BOOK VALUE

At 30 June 2023

15,105

At 30 June 2022

16,878

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Other debtors

95,409

91,889

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

5,281

1,051

Taxation and social security

21,030

8,360

Other creditors

11,395

33,215

37,706

42,626

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2023 and 30 June 2022:

2023

2022

£

£

Mr M D J Hurley

Balance outstanding at start of year

60,570

60,626

Amounts advanced

15,933

13,378

Amounts repaid

(15,942

)

(13,434

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

60,561

60,570