Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-282022-03-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03003379 2022-03-01 2023-02-28 03003379 2021-03-01 2022-02-28 03003379 2023-02-28 03003379 2022-02-28 03003379 c:Director1 2022-03-01 2023-02-28 03003379 d:PlantMachinery 2022-03-01 2023-02-28 03003379 d:PlantMachinery 2023-02-28 03003379 d:PlantMachinery 2022-02-28 03003379 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 03003379 d:ComputerEquipment 2022-03-01 2023-02-28 03003379 d:ComputerEquipment 2023-02-28 03003379 d:ComputerEquipment 2022-02-28 03003379 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 03003379 d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 03003379 d:CurrentFinancialInstruments 2023-02-28 03003379 d:CurrentFinancialInstruments 2022-02-28 03003379 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 03003379 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 03003379 d:ShareCapital 2023-02-28 03003379 d:ShareCapital 2022-02-28 03003379 d:RetainedEarningsAccumulatedLosses 2023-02-28 03003379 d:RetainedEarningsAccumulatedLosses 2022-02-28 03003379 c:FRS102 2022-03-01 2023-02-28 03003379 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 03003379 c:FullAccounts 2022-03-01 2023-02-28 03003379 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 03003379 6 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 03003379










RIDDLE INTERNATIONAL LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
RIDDLE INTERNATIONAL LIMITED
REGISTERED NUMBER: 03003379

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
589
-

Investments
 5 
9,799
9,799

  
10,388
9,799

Current assets
  

Debtors
 6 
11,975
3,334

Cash at bank and in hand
  
13,646
2,702

  
25,621
6,036

Creditors: amounts falling due within one year
 7 
(104,037)
(119,951)

Net current liabilities
  
 
 
(78,416)
 
 
(113,915)

Total assets less current liabilities
  
(68,028)
(104,116)

  

Net liabilities
  
(68,028)
(104,116)


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
(69,028)
(105,116)

  
(68,028)
(104,116)


Page 1

 
RIDDLE INTERNATIONAL LIMITED
REGISTERED NUMBER: 03003379
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 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 profit and loss account 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:


................................................
N S Riddle
Director
Date: 23 November 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
RIDDLE INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Riddle International Limited is a private limited company by shares incorporated in England and Wales within the United Kingdom. The companys registered office 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

Going concern

The financial statements have been prepared on a going concern basis which the directors consider
to be appropriate based on the business plan in the 12 month period following the reporting date and subsequent approval of the financial statements. The directors are satisfied that the company has sufficient funds to meet its liabilities as they fall due for the foreseeable future.

 
2.3

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.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
RIDDLE INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.4

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. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Profit and loss account on a straight line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

The Company has taken advantage of the optional exemption available on transition to FRS 102 which allows lease incentives on leases entered into before the date of transition to the standard 01 March 2021 to continue to be charged over the period to the first market rent review rather than the term of the lease.

 
2.6

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.

Page 4

 
RIDDLE INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

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:

Plant and machinery
-
25%
cost
Computer equipment
-
25%
cost

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.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.8

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.9

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.

 
2.10

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.

 
2.11

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.


3.


Employees

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

Page 5

 
RIDDLE INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Tangible fixed assets





Plant and machinery
Computer equipment
Total

£
£
£



Cost or valuation


At 1 March 2022
3,889
-
3,889


Additions
-
707
707



At 28 February 2023

3,889
707
4,596



Depreciation


At 1 March 2022
3,889
-
3,889


Charge for the year
-
118
118



At 28 February 2023

3,889
118
4,007



Net book value



At 28 February 2023
-
589
589



At 28 February 2022
-
-
-

Page 6

 
RIDDLE INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

5.


Fixed asset investments





Investments in associates

£



Cost or valuation


At 1 March 2022
9,799



At 28 February 2023
9,799





6.


Debtors

2023
2022
£
£



Trade debtors
10,949
2,556

Other debtors
1,026
778

11,975
3,334



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
6,858
2,140

Other taxation and social security
-
1,766

Other creditors
88,579
113,845

Accruals and deferred income
8,600
2,200

104,037
119,951



8.


Related party transactions

At the year end, included within other creditors is a sum of £1,445 (2022: £3,745) owed to Nelson Riddle and Partners International Inc, a company incorporated in the United States of America, Mr N S Riddle, the director of the company, holds 100% of the shares issued from this company. Similarly, included within other creditors is an amount of £83,142 (2022: £122,728) due to Mr N S Riddle, in relation to an outstanding directors loan.
 

Page 7