Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false1truetrue1No description of principal activity2022-04-01 10958042 2022-04-01 2023-03-31 10958042 2021-04-01 2022-03-31 10958042 2023-03-31 10958042 2022-03-31 10958042 c:Director1 2022-04-01 2023-03-31 10958042 d:CurrentFinancialInstruments 2023-03-31 10958042 d:CurrentFinancialInstruments 2022-03-31 10958042 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10958042 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10958042 d:ShareCapital 2023-03-31 10958042 d:ShareCapital 2022-03-31 10958042 d:SharePremium 2023-03-31 10958042 d:SharePremium 2022-03-31 10958042 d:ForeignCurrencyTranslationReserve 2023-03-31 10958042 d:ForeignCurrencyTranslationReserve 2022-03-31 10958042 d:RetainedEarningsAccumulatedLosses 2023-03-31 10958042 d:RetainedEarningsAccumulatedLosses 2022-03-31 10958042 c:FRS102 2022-04-01 2023-03-31 10958042 c:Audited 2022-04-01 2023-03-31 10958042 c:FullAccounts 2022-04-01 2023-03-31 10958042 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10958042 c:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 10958042 6 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 10958042









RGA5 LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
RGA5 LIMITED
REGISTERED NUMBER: 10958042

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
500,000
3,352,425

  
500,000
3,352,425

Current assets
  

Debtors: amounts falling due within one year
 5 
2,510
2,510

  
2,510
2,510

Creditors: amounts falling due within one year
 6 
(1,525,828)
(4,710,479)

Net current liabilities
  
 
 
(1,523,318)
 
 
(4,707,969)

Total assets less current liabilities
  
(1,023,318)
(1,355,544)

  

Net liabilities
  
(1,023,318)
(1,355,544)


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Share premium account
  
501,510
501,510

Foreign exchange reserve
  
(35,607)
(35,607)

Profit and loss account
  
(1,490,221)
(1,822,447)

  
(1,023,318)
(1,355,544)


Page 1

 
RGA5 LIMITED
REGISTERED NUMBER: 10958042
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

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 comprehensive income 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: 




A Cole
Director

Date: 20 November 2023

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

Page 2

 
RGA5 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

RGA5 Limited is a private company limited by shares and incorporated in England and Wales. The registered office is Walton House, 56-58 Richmond Hill, Bournemouth, Dorset, United Kingdom, BH2 6EX. The principal activity is that of a holding company for Lending Mate FInance Inc.

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

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.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

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.

 
2.6

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.

Page 3

 
RGA5 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2022
3,352,425


Disposals
(2,852,425)



At 31 March 2023
500,000




Page 4

 
RGA5 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Debtors

2023
2022
£
£


Called up share capital not paid
2,510
2,510

2,510
2,510



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
1,525,828
4,710,479

1,525,828
4,710,479



7.


Controlling party

The ultimate parent undertaking is Richmond Group Limited. The controlling party is Mr J Benamor by virtue of his 100% shareholding in Richmond Group Limited. 
Group accounts are prepared by Richmond Group Limited, being the smallest and largest to consolidate these financial statements, and a copy of these can be obtained from the registered office, Walton House, 56-58 Richmond Hill, Bournemouth, Dorset, BH2 6EX.


8.


Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2023 was unqualified.

The audit report was signed on 20 November 2023 by N J Newman (Senior statutory auditor) on behalf of Harris & Trotter LLP.

 
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