Caseware UK (AP4) 2022.0.179 2022.0.179 2022-08-182022-08-180falseNo description of principal activity2022-01-010falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10257445 2022-01-01 2022-08-18 10257445 2021-01-01 2021-12-31 10257445 2022-08-18 10257445 2021-12-31 10257445 c:CompanySecretary1 2022-01-01 2022-08-18 10257445 c:Director1 2022-01-01 2022-08-18 10257445 c:Director2 2022-01-01 2022-08-18 10257445 c:Director2 2022-08-18 10257445 c:Director3 2022-01-01 2022-08-18 10257445 c:Director3 2022-08-18 10257445 c:Director4 2022-01-01 2022-08-18 10257445 c:Director4 2022-08-18 10257445 c:RegisteredOffice 2022-01-01 2022-08-18 10257445 d:CurrentFinancialInstruments 2022-08-18 10257445 d:CurrentFinancialInstruments 2021-12-31 10257445 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-18 10257445 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 10257445 d:ShareCapital 2022-08-18 10257445 d:ShareCapital 2021-12-31 10257445 d:RetainedEarningsAccumulatedLosses 2022-08-18 10257445 d:RetainedEarningsAccumulatedLosses 2021-12-31 10257445 c:FRS102 2022-01-01 2022-08-18 10257445 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-08-18 10257445 c:FullAccounts 2022-01-01 2022-08-18 10257445 c:PrivateLimitedCompanyLtd 2022-01-01 2022-08-18 iso4217:GBP xbrli:pure

Registered number: 10257445









RR STOCK CO LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 18 AUGUST 2022

 
RR STOCK CO LIMITED
 
 
COMPANY INFORMATION


Directors
A T John 
J D Price (appointed 16 November 2022)
Fantastic Voyage (resigned 16 November 2022)
Gold Round Limited (resigned 16 November 2022)




Company secretary
Cossey Cosec Services Limited



Registered number
10257445



Registered office
First Floor
184-186 Regent Street

London

W1B 5TW





 
RR STOCK CO LIMITED
REGISTERED NUMBER: 10257445

BALANCE SHEET
AS AT 18 AUGUST 2022

18 August
31 December
2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
  
471
1,182,209

Cash at bank and in hand
  
582,318
583,749

  
582,789
1,765,958

Creditors: amounts falling due within one year
  
(581,969)
(18,800)

Net current assets
  
 
 
820
 
 
1,747,158

Total assets less current liabilities
  
820
1,747,158

  

Net assets
  
820
1,747,158


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
819
1,747,157

  
820
1,747,158


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.


 
RR STOCK CO LIMITED
REGISTERED NUMBER: 10257445
    
BALANCE SHEET (CONTINUED)
AS AT 18 AUGUST 2022

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




A T John
Director

Date: 27 October 2023

The notes on  form part of these financial statements.


 
RR STOCK CO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 18 AUGUST 2022

1.


General information

RR Stock Co 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

 
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

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

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.

 
2.4

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.

 
2.5

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.

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
RR STOCK CO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 18 AUGUST 2022

2.Accounting policies (continued)


2.6
Financial instruments (continued)


Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
RR STOCK CO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 18 AUGUST 2022

2.Accounting policies (continued)


2.6
Financial instruments (continued)


Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees during the period was 0 (2021 - 0).


4.


Debtors

18 August
31 December
2022
2021
£
£


Amounts owed by group undertakings
-
1,181,917

Tax recoverable
471
292

471
1,182,209



 
RR STOCK CO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 18 AUGUST 2022

5.


Creditors: Amounts falling due within one year

18 August
31 December
2022
2021
£
£

Amounts owed to group undertakings
579,999
-

Accruals and deferred income
1,970
18,800

581,969
18,800


 
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