Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-31truefalse2022-04-01No description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11882186 2022-04-01 2023-07-31 11882186 2021-04-01 2022-03-31 11882186 2023-07-31 11882186 2022-03-31 11882186 c:Director1 2022-04-01 2023-07-31 11882186 d:ComputerSoftware 2022-04-01 2023-07-31 11882186 d:ComputerSoftware 2023-07-31 11882186 d:ComputerSoftware 2022-03-31 11882186 d:CurrentFinancialInstruments 2023-07-31 11882186 d:CurrentFinancialInstruments 2022-03-31 11882186 d:Non-currentFinancialInstruments 2023-07-31 11882186 d:Non-currentFinancialInstruments 2022-03-31 11882186 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 11882186 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 11882186 d:ShareCapital 2023-07-31 11882186 d:ShareCapital 2022-03-31 11882186 d:RetainedEarningsAccumulatedLosses 2023-07-31 11882186 d:RetainedEarningsAccumulatedLosses 2022-03-31 11882186 c:FRS102 2022-04-01 2023-07-31 11882186 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-07-31 11882186 c:FullAccounts 2022-04-01 2023-07-31 11882186 c:PrivateLimitedCompanyLtd 2022-04-01 2023-07-31 11882186 2 2022-04-01 2023-07-31 11882186 6 2022-04-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 11882186









RGM INTERNATIONAL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JULY 2023

 
RGM INTERNATIONAL LIMITED
REGISTERED NUMBER: 11882186

BALANCE SHEET
AS AT 31 JULY 2023

31 July
31 March
2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
250,815
96,392

Investments
 5 
370,342
111,721

  
621,157
208,113

Current assets
  

Debtors: amounts falling due after more than one year
 6 
100,141
132,138

Debtors: amounts falling due within one year
 6 
883,091
32,208

Cash at bank and in hand
 7 
952,157
983,602

  
1,935,389
1,147,948

Creditors: amounts falling due within one year
 8 
(29,198)
(116,186)

Net current assets
  
 
 
1,906,191
 
 
1,031,762

Total assets less current liabilities
  
2,527,348
1,239,875

  

Net assets
  
2,527,348
1,239,875


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
2,527,338
1,239,865

  
2,527,348
1,239,875


Page 1

 
RGM INTERNATIONAL LIMITED
REGISTERED NUMBER: 11882186
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 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: 




L Gauthier
Director

Date: 26 July 2024

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

Page 2

 
RGM INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

1.


General information

RGM International Limited is a private company, limited by shares, incorporated in England and Wales (registered number: 11882186). 
The registered address of the Company is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The principal activity of the Company is that of an investment holding company.
The financial statements are presented in Sterling, which is the functional currency of the Company.

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

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intangible assets relate to cryptocurrencies, and are assumed to have an indefinite useful life.

 
2.4

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each balance sheet date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each balance sheet date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

Page 3

 
RGM INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.6

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.7

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.

 
2.8

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.

 
2.9

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.

 
2.10

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.

 
2.11

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 (2022 - 2).

Page 4

 
RGM INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

4.


Intangible assets







£



Cost


At 1 April 2022
120,033


Disposals
(3)


Revaluation surplus
130,785



At 31 July 2023

250,815





At 1 April 2022
23,641


Impairment losses written back
(23,641)



At 31 July 2023

-



Net book value



At 31 July 2023
250,815



At 31 March 2022
96,392



Page 5

 
RGM INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

5.


Fixed asset investments








Investments in associates

£



Cost or valuation


At 1 April 2022
111,721


Additions
258,621



At 31 July 2023
370,342





6.


Debtors

31 July
31 March
2023
2022
£
£

Due after more than one year

Other debtors
100,141
132,138

100,141
132,138


31 July
31 March
2023
2022
£
£

Due within one year

Amounts owed by joint ventures and associated undertakings
682,559
-

Other debtors
200,532
32,208

883,091
32,208



7.


Cash and cash equivalents

31 July
31 March
2023
2022
£
£

Cash at bank and in hand
952,157
983,602

952,157
983,602


Page 6

 
RGM INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

8.


Creditors: Amounts falling due within one year

31 July
31 March
2023
2022
£
£

Trade creditors
-
1,800

Amounts owed to associates
-
52,134

Other creditors
24,998
60,451

Accruals and deferred income
4,200
1,801

29,198
116,186


 
Page 7