RADFAB Limited - Accounts to registrar (filleted) - small 18.2

RADFAB Limited - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 05763155 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2018

FOR

RADFAB LIMITED

RADFAB LIMITED (REGISTERED NUMBER: 05763155)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RADFAB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2018







DIRECTORS: R Deacon
J Deacon





REGISTERED OFFICE: Suite 3, The Hamilton Centre
Rodney Way
Chelmsford
Essex
CM1 3BY





REGISTERED NUMBER: 05763155 (England and Wales)





ACCOUNTANTS: CBHC Limited
Suite 3, The Hamilton Centre
Rodney Way
Chelmsford
Essex
CM1 3BY

RADFAB LIMITED (REGISTERED NUMBER: 05763155)

BALANCE SHEET
31ST MARCH 2018

2018 2017
Notes £    £   
FIXED ASSETS
Tangible assets 4 80,691 107,588

CURRENT ASSETS
Debtors 5 114,117 45,161
Cash at bank 166,024 255,273
280,141 300,434
CREDITORS
Amounts falling due within one year 6 (193,004 ) (229,895 )
NET CURRENT ASSETS 87,137 70,539
TOTAL ASSETS LESS CURRENT
LIABILITIES

167,828

178,127

CREDITORS
Amounts falling due after more than
one year

7

-

(3,120

)

PROVISIONS FOR LIABILITIES (15,332 ) (21,518 )
NET ASSETS 152,496 153,489

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 152,396 153,389
SHAREHOLDERS' FUNDS 152,496 153,489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2018 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.

RADFAB LIMITED (REGISTERED NUMBER: 05763155)

BALANCE SHEET - continued
31ST MARCH 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 20th July 2018 and were signed on
its behalf by:





R Deacon - Director


RADFAB LIMITED (REGISTERED NUMBER: 05763155)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2018


1. STATUTORY INFORMATION

RADFAB 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 the provisions of Section 1A "Small Entities" 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 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

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed
at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that
are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is
probable that they will be recovered against the reversal of deferred tax liabilities or other future
taxable profits.

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 10 (2017 - 10 ) .

RADFAB LIMITED (REGISTERED NUMBER: 05763155)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2018


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2017
and 31st March 2018 309,705
DEPRECIATION
At 1st April 2017 202,117
Charge for year 26,897
At 31st March 2018 229,014
NET BOOK VALUE
At 31st March 2018 80,691
At 31st March 2017 107,588

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 107,195 43,114
Other debtors 6,922 2,047
114,117 45,161

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Hire purchase contracts 3,090 18,013
Trade creditors 43,090 44,173
Taxation and social security 26,988 31,896
Other creditors 119,836 135,813
193,004 229,895

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Hire purchase contracts - 3,120

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
100 Ordinary £1 100 100

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed the directors £113,216 (2017 £131,328).

RADFAB LIMITED (REGISTERED NUMBER: 05763155)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2018


10. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.