Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312022-05-202022-05-202023-03-31false2021-11-01No description of principal activity60falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13714690 2021-10-31 13714690 2021-11-01 2023-03-31 13714690 2020-11-01 2021-10-31 13714690 2023-03-31 13714690 c:Director1 2021-11-01 2023-03-31 13714690 c:Director1 2023-03-31 13714690 c:Director2 2021-11-01 2023-03-31 13714690 c:Director2 2023-03-31 13714690 c:Director3 2021-11-01 2023-03-31 13714690 c:Director3 2023-03-31 13714690 c:RegisteredOffice 2021-11-01 2023-03-31 13714690 d:OfficeEquipment 2021-11-01 2023-03-31 13714690 d:OfficeEquipment 2023-03-31 13714690 d:OfficeEquipment d:OwnedOrFreeholdAssets 2021-11-01 2023-03-31 13714690 d:FreeholdInvestmentProperty 2021-11-01 2023-03-31 13714690 d:FreeholdInvestmentProperty 2023-03-31 13714690 d:CurrentFinancialInstruments 2023-03-31 13714690 d:Non-currentFinancialInstruments 2023-03-31 13714690 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13714690 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 13714690 d:ShareCapital 2023-03-31 13714690 d:SharePremium 2023-03-31 13714690 d:OtherMiscellaneousReserve 2023-03-31 13714690 d:RetainedEarningsAccumulatedLosses 2023-03-31 13714690 c:FRS102 2021-11-01 2023-03-31 13714690 c:AuditExempt-NoAccountantsReport 2021-11-01 2023-03-31 13714690 c:FullAccounts 2021-11-01 2023-03-31 13714690 c:PrivateLimitedCompanyLtd 2021-11-01 2023-03-31 13714690 6 2021-11-01 2023-03-31 iso4217:GBP xbrli:pure
Company registration number: 13714690







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 MARCH 2023


REGNIFDLOG LIMITED






































img2d4f.png                        

 


REGNIFDLOG LIMITED
 


 
COMPANY INFORMATION


Directors
D R Gosling (appointed 1 November 2021)
C D Buck (appointed 20 May 2022)
J L Wharton (appointed 20 May 2022)




Registered number
13714690



Registered office
3000A Parkway

Whiteley

Hampshire

PO15 7FX




Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


REGNIFDLOG LIMITED
REGISTERED NUMBER:13714690



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
3,588

Investments
  
21,600,221

Investment property
  
2,172,107

  
23,775,916

Current assets
  

Debtors: amounts falling due within one year
 7 
8,673,908

Cash at bank and in hand
  
116,054

  
8,789,962

Creditors: amounts falling due within one year
  
(509,519)

Net current assets
  
 
 
8,280,443

Total assets less current liabilities
  
32,056,359

Creditors: amounts falling due after more than one year
  
(19,141,221)

  

Net assets
  
12,915,138

Page 1

 


REGNIFDLOG LIMITED
REGISTERED NUMBER:13714690


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

2023
Note
£

Capital and reserves
  

Called up share capital 
  
100

Share premium account
  
999,900

Other reserves
  
10,702,333

Profit and loss account
  
1,212,805

  
12,915,138


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the Period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




D R Gosling
Director

Date: 30 August 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


REGNIFDLOG LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


General information

Regnifdlog Limited is a private company limited by shares, registered in England and Wales. The company's trading address is Blackdown Farm, Blackdown Park, Haslemere, Surrey, GU27 3BU.
This first set of accounts have been prepared from the date of incorporation to 31 March 2023 meaning they are for a period longer than 12 months.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3

 


REGNIFDLOG LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

Associates and joint ventures

The investments in associates have been initially recognised at fair value in the accounts and the valuation of the investments are reviewed annually at the accounting date.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Page 4

 


REGNIFDLOG LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

3.


Employees

The average monthly number of employees, including directors, during the Period was 6.


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


Additions
4,169



At 31 March 2023

4,169



Depreciation


Charge for the Period on owned assets
581



At 31 March 2023

581



Net book value



At 31 March 2023
3,588


5.


Fixed asset investments





Investments in associates
Listed investments
Total

£
£
£



Cost or valuation


Additions
10,702,333
10,897,888
21,600,221



At 31 March 2023
10,702,333
10,897,888
21,600,221




Page 5

 


REGNIFDLOG LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

6.


Investment property


Freehold investment property

£



Valuation


Additions at cost
2,172,107



At 31 March 2023
2,172,107

The 2023 valuations were made by Strutt and Parker, on an open market value for existing use basis.





7.


Debtors

2023
£


Other debtors
8,673,907

Called up share capital not paid
1

8,673,908



8.


Creditors: Amounts falling due within one year

2023
£

Other creditors
333

Accruals and deferred income
509,186

509,519



9.


Creditors: Amounts falling due after more than one year

2023
£

Other creditors
19,141,221

19,141,221


Loan notes totalling of £19,141,221 are repayable in full in 2041.

 
Page 6