Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-302The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22022-05-01falsetrueInvestment companytrue 11958113 2022-05-01 2023-04-30 11958113 2021-05-01 2022-04-30 11958113 2023-04-30 11958113 2022-04-30 11958113 c:Director1 2022-05-01 2023-04-30 11958113 d:CurrentFinancialInstruments 2023-04-30 11958113 d:CurrentFinancialInstruments 2022-04-30 11958113 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11958113 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 11958113 d:ShareCapital 2023-04-30 11958113 d:ShareCapital 2022-04-30 11958113 d:RetainedEarningsAccumulatedLosses 2023-04-30 11958113 d:RetainedEarningsAccumulatedLosses 2022-04-30 11958113 d:OtherDeferredTax 2023-04-30 11958113 d:OtherDeferredTax 2022-04-30 11958113 c:FRS102 2022-05-01 2023-04-30 11958113 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 11958113 c:FullAccounts 2022-05-01 2023-04-30 11958113 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11958113 2 2022-05-01 2023-04-30 11958113 6 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 11958113










RADAR INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
RADAR INVESTMENTS LIMITED
REGISTERED NUMBER:11958113

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
7,630,518
7,662,849

  
7,630,518
7,662,849

Current assets
  

Cash at bank and in hand
  
443,843
632,648

  
443,843
632,648

Creditors: amounts falling due within one year
 5 
(7,271,351)
(7,397,488)

Net current liabilities
  
 
 
(6,827,508)
 
 
(6,764,840)

Total assets less current liabilities
  
803,010
898,009

Provisions for liabilities
  

Deferred tax
 6 
-
(47,224)

  
 
 
-
 
 
(47,224)

Net assets
  
803,010
850,785


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
803,008
850,783

  
803,010
850,785


Page 1

 
RADAR INVESTMENTS LIMITED
REGISTERED NUMBER:11958113
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2023

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 year 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 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: 




A. King
Director

Date: 8 February 2024

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

Page 2

 
RADAR INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

Radar Investments Limited is a private company limited by shares and registered in England and Wales (11958113). The registered office address is 14th Floor, 33 Cavendish Square, London, W1G 0PW.

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

Interest income

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

 
2.3

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.5

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.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

 
2.7

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

Page 3

 
RADAR INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.8

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 from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and loss account.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an 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.


3.


Employees

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


4.


Fixed asset investments





Listed investments

£



Valuation


At 1 May 2022
7,662,849


Additions
1,566,370


Disposals
(1,503,025)


Revaluations
(95,676)



At 30 April 2023
7,630,518





5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
5,400

Corporation tax
-
37,282

Other creditors
7,252,322
7,337,623

Accruals and deferred income
19,029
17,183

7,271,351
7,397,488


Page 4

 
RADAR INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

6.


Deferred taxation




2023


£






At beginning of year
(47,224)


Charged to profit or loss
47,224



At end of year
-

The deferred taxation balance is made up as follows:

2023
2022
£
£


Fair value adjustment
-
(47,224)


7.


Related party transactions

Included within other creditors is an interest free loan to the value of £7,252,322 (2022 - £7,337,623) owed to the directors of the Company, which is repayable on demand.

 
Page 5