Radix Group Ltd
|
Registered number: |
10043662
|
Balance Sheet |
as at 31 March 2020
|
|
Notes |
|
|
2020 |
|
|
2019 |
|
|
|
£ |
£ |
|
£ |
£ |
Current assets |
Prepayment |
|
|
- |
|
|
99 |
Cash at bank and in hand |
|
|
44,924 |
|
|
42,141 |
|
|
|
44,924 |
|
|
42,240 |
|
Creditors: amounts falling due within one year |
3 |
|
(4,080) |
|
|
(3,000) |
|
Net current assets |
|
|
|
40,844 |
|
|
39,240 |
|
Net assets |
|
|
|
40,844 |
|
|
39,240 |
|
|
|
|
|
|
|
|
Funds of the charity |
Unrestricted fund |
|
|
|
40,844 |
|
|
39,240 |
|
Total charity funds |
|
|
|
40,844 |
|
|
39,240 |
|
|
|
|
|
|
|
|
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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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.
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These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime, and in accordance with FRS102 SORP.
|
|
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The accounts were approved by the board of trustees on 7 July 2020
|
|
N Bowers |
Nick Roland Bowers |
Chairman of the board of trustees |
|
|
The notes form part of these accounts |
|
Radix Group Ltd
|
Notes to the Accounts |
for the year ended 31 March 2020
|
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
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The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
|
|
The entity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant aaccounting policy note(s). |
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The trustees consider that there are no material uncertainties about Radix Group Limited's ability to continue as a going concern. There are no material uncertainties affecting the current year's accounts. |
|
|
Fund accounting |
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Unrestricted funds are available to spend on activities that further any of the purposes of charity. The Charity does not have any designated funds, being funds that the Trustees have decided at their discretion to set aside to use for a specific purpose, neither does it have any restricted funds, being donations which the donor has specified are to be solely used for particular areas of the Charity's work or for specific projects being undertaken by the Charity. |
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Incoming resources |
|
All incoming resources are included in the statement of financial activities when the charity is entitled to, and virtually certain to receive, the income and the amount can be quantified with reasonable accuracy. |
|
• Voluntary income is received by the way of grants, donations and gifts and is included in full in the Statements of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. |
|
• Incoming resources from charitable trading activity are accounted for when earned. |
|
|
|
2 |
Employees |
2020 |
|
2019 |
Number |
Number |
|
|
Average number of persons employed by the company |
7 |
|
7 |
|
|
|
|
|
|
|
|
|
|
3 |
Creditors: amounts falling due within one year |
2020 |
|
2019 |
£ |
£ |
|
|
Accruals and deferred income |
4,080 |
|
3,000 |
|
|
|
|
|
|
|
|
|
|
4 |
|
|
|
|
|
2020 |
|
2019 |
|
Incoming resources from generated funds: |
£ |
£ |
|
Donations |
110,000 |
|
82,000 |
|
Sales |
613 |
|
882 |
|
|
|
|
|
|
110,613 |
|
82,882 |
|
|
|
|
|
|
|
|
|
|
5 |
Costs directly allocated to activities |
2020 |
|
2019 |
|
|
Printing and design |
2,946 |
|
15,594 |
|
Software and hosting |
12,561 |
|
6,445 |
|
Post and stationery |
- |
|
407 |
|
Advertising |
1,423 |
|
4,012 |
|
Travelling |
1,629 |
|
1,664 |
|
Conference expenses |
- |
|
3,419 |
|
Sundry expenses |
2,150 |
|
499 |
|
Consultancy fees |
86,500 |
|
9,000 |
|
Accounting and legal |
1,800 |
|
3,000 |
|
Bank charges |
- |
|
78 |
|
|
|
|
|
|
109,009 |
|
44,118 |
|
|
|
|
|
|
|
|
|
|
6 |
Other information |
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Radix Group Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
14 Sandringham Street |
|
York |
|
YO10 4BA |