RISC CAPITAL LTD

Company Registration Number:
14137026 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 27 May 2022

End date: 31 October 2023

RISC CAPITAL LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Additional notes
Balance sheet notes

RISC CAPITAL LTD

Balance sheet

As at 31 October 2023

Notes 17 months to 31 October 2023


£
Fixed assets
Investments: 3 125,629
Total fixed assets: 125,629
Current assets
Debtors: 4 16,100
Cash at bank and in hand: 55,060
Total current assets: 71,160
Creditors: amounts falling due within one year: 5 ( 4 )
Net current assets (liabilities): 71,156
Total assets less current liabilities: 196,785
Total net assets (liabilities): 196,785
Capital and reserves
Called up share capital: 1,111
Share premium account: 199,889
Profit and loss account: (4,215 )
Total Shareholders' funds: 196,785

The notes form part of these financial statements

RISC CAPITAL LTD

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 13 February 2024
and signed on behalf of the board by:

Name: J.L. Webb
Status: Director

The notes form part of these financial statements

RISC CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    Investments - Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.Debtors - Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.Creditors - Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.Taxation - A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

RISC CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    17 months to 31 October 2023
    Average number of employees during the period 0

RISC CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Fixed assets investments note

Investments in subsidiary undertakings at cost:Additions: £125,629At 31 October 2023: £125,629

RISC CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Debtors

17 months to 31 October 2023
£
Other debtors 16,100
Total 16,100

RISC CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due within one year note

17 months to 31 October 2023
£
Other creditors 4
Total 4