Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31No description of principal activitytrue22022-04-01false2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05184484 2022-04-01 2023-03-31 05184484 2021-04-01 2022-03-31 05184484 2023-03-31 05184484 2022-03-31 05184484 c:Director1 2022-04-01 2023-03-31 05184484 d:CurrentFinancialInstruments 2023-03-31 05184484 d:CurrentFinancialInstruments 2022-03-31 05184484 d:Non-currentFinancialInstruments 2023-03-31 05184484 d:Non-currentFinancialInstruments 2022-03-31 05184484 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 05184484 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 05184484 d:ShareCapital 2023-03-31 05184484 d:ShareCapital 2022-03-31 05184484 d:RetainedEarningsAccumulatedLosses 2023-03-31 05184484 d:RetainedEarningsAccumulatedLosses 2022-03-31 05184484 c:FRS102 2022-04-01 2023-03-31 05184484 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 05184484 c:FullAccounts 2022-04-01 2023-03-31 05184484 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 05184484 2 2022-04-01 2023-03-31 05184484 6 2022-04-01 2023-03-31 05184484 1 2023-03-31 05184484 3 2023-03-31 05184484 1 2022-03-31 05184484 3 2022-03-31 iso4217:GBP xbrli:pure

Registered number: 05184484









RLG INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

 
RLG INVESTMENTS LIMITED
REGISTERED NUMBER: 05184484

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
  
342,876
369,737

  
342,876
369,737

Current assets
  

Debtors: amounts falling due after more than one year
 5 
10,000
10,000

Cash at bank and in hand
 6 
146,432
139,587

  
156,432
149,587

Creditors: amounts falling due within one year
 7 
(4,731)
(3,421)

Net current assets
  
 
 
151,701
 
 
146,166

  

Net assets
  
494,577
515,903


Capital and reserves
  

Called up share capital 
  
4
4

Profit and loss account
  
494,573
515,899

  
494,577
515,903


Page 1

 
RLG INVESTMENTS LIMITED
REGISTERED NUMBER: 05184484
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

The director considers 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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 on 24 October 2023.




R B Grosse
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
RLG INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

RLG Investments Limited is a private company, limited by shares, registered in England and Wales. The address of its registered office is 3 Eaton Terrace, London, SW1W 8EX.

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

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss and calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

 
2.5

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.
Other fixed asset investments are stated at historic cost less impairment.

 
2.6

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.

Page 3

 
RLG INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.7

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.

 
2.8

Creditors

Short-term creditors are measured at the transaction price.

 
2.9

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 to and from related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Fixed asset investments





Listed investments
Other fixed asset investments
Total

£
£
£



Cost or valuation


At 1 April 2022
277,427
92,310
369,737


Revaluations
(14,551)
-
(14,551)



At 31 March 2023

262,876
92,310
355,186



Impairment


Charge for the period
-
12,310
12,310



At 31 March 2023

-
12,310
12,310



Net book value



At 31 March 2023
262,876
80,000
342,876



At 31 March 2022
277,427
92,310
369,737

Page 4

 
RLG INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors


Due after more than one year

Other debtors
10,000
10,000

10,000
10,000



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
146,432
139,587

146,432
139,587



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
2,061
751

Accruals and deferred income
2,670
2,670

4,731
3,421


 
Page 5