Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-282No description of principal activitytruefalse2021-12-03trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13780968 2021-12-02 13780968 2021-12-03 2023-02-28 13780968 2020-12-03 2021-12-02 13780968 2023-02-28 13780968 c:Director2 2021-12-03 2023-02-28 13780968 d:FreeholdInvestmentProperty 2021-12-03 2023-02-28 13780968 d:FreeholdInvestmentProperty 2023-02-28 13780968 d:CurrentFinancialInstruments 2023-02-28 13780968 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13780968 d:ShareCapital 2023-02-28 13780968 d:RetainedEarningsAccumulatedLosses 2023-02-28 13780968 c:OrdinaryShareClass1 2021-12-03 2023-02-28 13780968 c:OrdinaryShareClass1 2023-02-28 13780968 c:OrdinaryShareClass2 2021-12-03 2023-02-28 13780968 c:OrdinaryShareClass2 2023-02-28 13780968 c:OrdinaryShareClass3 2021-12-03 2023-02-28 13780968 c:OrdinaryShareClass3 2023-02-28 13780968 c:FRS102 2021-12-03 2023-02-28 13780968 c:AuditExempt-NoAccountantsReport 2021-12-03 2023-02-28 13780968 c:FullAccounts 2021-12-03 2023-02-28 13780968 c:PrivateLimitedCompanyLtd 2021-12-03 2023-02-28 13780968 2 2021-12-03 2023-02-28 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13780968









RETEXE RETAIL II LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 28 FEBRUARY 2023

 
RETEXE RETAIL II LTD
REGISTERED NUMBER: 13780968

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
Note
£

Fixed assets
  

Investment property
 4 
5,246,188

  
5,246,188

Current assets
  

Debtors: amounts falling due within one year
 5 
51,045

Cash at bank and in hand
 6 
86,913

  
137,958

Creditors: amounts falling due within one year
 7 
(2,516,825)

Net current (liabilities)/assets
  
 
 
(2,378,867)

Total assets less current liabilities
  
2,867,321

  

Net assets
  
2,867,321


Capital and reserves
  

Called up share capital 
  
2,860,003

Profit and loss account
  
7,318

  
2,867,321


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 period 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 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: 




Page 1

 
RETEXE RETAIL II LTD
REGISTERED NUMBER: 13780968
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 2023

N H Byrom
Director

Date: 1 December 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
RETEXE RETAIL II LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023

1.


General information

Retexe Retail II Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address 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

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.

 
2.3

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 except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is 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.

Page 3

 
RETEXE RETAIL II LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
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.

 
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. 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.

 
2.8

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.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.

Page 4

 
RETEXE RETAIL II LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023

4.


Investment property


Freehold investment property

£



Valuation


Additions at cost
5,246,188



At 28 February 2023
5,246,188

The 2023 valuations were made by directors, on an open market value for existing use basis.








5.


Debtors

2023
£


Trade debtors
(2,677)

Other debtors
52,709

Prepayments and accrued income
1,013

51,045



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
86,913

86,913


Page 5

 
RETEXE RETAIL II LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023

7.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
210

Corporation tax
45,018

Other creditors
2,469,597

Accruals and deferred income
2,000

2,516,825



8.


Share capital

2023
£
Allotted, called up and fully paid


2,640,000 A Ordinary shares shares of £0.000001 each
3
51,000 Non-voting A Ordinary shares shares of £1.000000 each
51,000
2,809,000 B Ordinary shares shares of £1.000000 each
2,809,000

2,860,003




 
Page 6