Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-292023-04-292022-05-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13332746 2022-05-01 2023-04-29 13332746 2021-04-14 2022-04-30 13332746 2023-04-29 13332746 2022-04-30 13332746 c:Director1 2022-05-01 2023-04-29 13332746 d:ComputerEquipment 2022-05-01 2023-04-29 13332746 d:ComputerEquipment 2023-04-29 13332746 d:ComputerEquipment 2022-04-30 13332746 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-05-01 2023-04-29 13332746 d:CurrentFinancialInstruments 2023-04-29 13332746 d:CurrentFinancialInstruments 2022-04-30 13332746 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-29 13332746 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 13332746 d:ShareCapital 2023-04-29 13332746 d:ShareCapital 2022-04-30 13332746 d:RetainedEarningsAccumulatedLosses 2023-04-29 13332746 d:RetainedEarningsAccumulatedLosses 2022-04-30 13332746 c:OrdinaryShareClass1 2022-05-01 2023-04-29 13332746 c:OrdinaryShareClass1 2023-04-29 13332746 c:OrdinaryShareClass1 2022-04-30 13332746 c:FRS102 2022-05-01 2023-04-29 13332746 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-29 13332746 c:FullAccounts 2022-05-01 2023-04-29 13332746 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-29 13332746 e:PoundSterling 2022-05-01 2023-04-29 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13332746









RE7 CAPITAL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 29 APRIL 2023

 
RE7 CAPITAL LIMITED
REGISTERED NUMBER: 13332746

STATEMENT OF FINANCIAL POSITION
AS AT 29 APRIL 2023

29 April
30 April
2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
266
384

  
266
384

Current assets
  

Debtors: amounts falling due within one year
 5 
775,888
220,338

Cash at bank and in hand
 6 
18,964
46,784

  
794,852
267,122

Creditors: amounts falling due within one year
 7 
(741,829)
(255,237)

Net current assets
  
 
 
53,023
 
 
11,885

Total assets less current liabilities
  
53,289
12,269

  

Net assets
  
53,289
12,269


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
53,288
12,268

  
53,289
12,269

Page 1

 
RE7 CAPITAL LIMITED
REGISTERED NUMBER: 13332746
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 APRIL 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 period 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 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: 




E Gokhberg
Director

Date: 22 February 2024

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
RE7 CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 APRIL 2023

1.


General information

RE7 Capital Limited is a private company limited by shares and incorporated in England & Wales (Resgitration number 13332746). The registered office is at 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.

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

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. The director has obtained assurance from the shareholder to continue to provide adequate funds to meeet its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.

 
2.3

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.

 
2.4

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

 
RE7 CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 APRIL 2023

2.Accounting policies (continued)

 
2.5

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.

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:

Computer equipment
-
25%
Straight line method

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.

 
2.6

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.


3.


Employees




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

Page 4

 
RE7 CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 APRIL 2023

4.


Tangible fixed assets







Computer equipment

£



Cost or valuation


At 1 May 2022
473



At 29 April 2023

473



Depreciation


At 1 May 2022
89


Charge for the period on owned assets
118



At 29 April 2023

207



Net book value



At 29 April 2023
266



At 30 April 2022
384


5.


Debtors

29 April
30 April
2023
2022
£
£


Other debtors
3,589
2,292

Prepayments and accrued income
772,299
218,046

775,888
220,338


Page 5

 
RE7 CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 APRIL 2023

6.


Cash and cash equivalents

29 April
30 April
2023
2022
£
£

Cash at bank and in hand
18,964
46,784

18,964
46,784



7.


Creditors: Amounts falling due within one year

29 April
30 April
2023
2022
£
£

Trade creditors
24,804
28,450

Amounts owed to related party undertakings
664,659
192,033

Corporation tax
9,658
7,240

Other creditors
39,208
24,014

Accruals and deferred income
3,500
3,500

741,829
255,237



8.


Share capital

29 April
30 April
2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1


 
Page 6