2023-05-012024-04-302024-04-30false05093209RELDAS INVESTMENTS LIMITED2024-08-01iso4217:GBPxbrli:pure050932092023-05-01050932092024-04-30050932092023-05-012024-04-30050932092022-05-01050932092023-04-30050932092022-05-012023-04-3005093209bus:SmallEntities2023-05-012024-04-3005093209bus:AuditExempt-NoAccountantsReport2023-05-012024-04-3005093209bus:FullAccounts2023-05-012024-04-3005093209bus:PrivateLimitedCompanyLtd2023-05-012024-04-3005093209core:WithinOneYear2024-04-3005093209core:AfterOneYear2024-04-3005093209core:WithinOneYear2023-04-3005093209core:AfterOneYear2023-04-3005093209core:ShareCapital2024-04-3005093209core:SharePremium2024-04-3005093209core:RevaluationReserve2024-04-3005093209core:OtherReservesSubtotal2024-04-3005093209core:RetainedEarningsAccumulatedLosses2024-04-3005093209core:ShareCapital2023-04-3005093209core:SharePremium2023-04-3005093209core:RevaluationReserve2023-04-3005093209core:OtherReservesSubtotal2023-04-3005093209core:RetainedEarningsAccumulatedLosses2023-04-3005093209core:LandBuildings2024-04-3005093209core:PlantMachinery2024-04-3005093209core:Vehicles2024-04-3005093209core:FurnitureFittings2024-04-3005093209core:OfficeEquipment2024-04-3005093209core:NetGoodwill2024-04-3005093209core:IntangibleAssetsOtherThanGoodwill2024-04-3005093209core:ListedExchangeTraded2024-04-3005093209core:UnlistedNon-exchangeTraded2024-04-3005093209core:LandBuildings2023-04-3005093209core:PlantMachinery2023-04-3005093209core:Vehicles2023-04-3005093209core:FurnitureFittings2023-04-3005093209core:OfficeEquipment2023-04-3005093209core:NetGoodwill2023-04-3005093209core:IntangibleAssetsOtherThanGoodwill2023-04-3005093209core:ListedExchangeTraded2023-04-3005093209core:UnlistedNon-exchangeTraded2023-04-3005093209core:LandBuildings2023-05-012024-04-3005093209core:PlantMachinery2023-05-012024-04-3005093209core:Vehicles2023-05-012024-04-3005093209core:FurnitureFittings2023-05-012024-04-3005093209core:OfficeEquipment2023-05-012024-04-3005093209core:NetGoodwill2023-05-012024-04-3005093209core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3005093209core:ListedExchangeTraded2023-05-012024-04-3005093209core:UnlistedNon-exchangeTraded2023-05-012024-04-3005093209core:MoreThanFiveYears2023-05-012024-04-3005093209core:Non-currentFinancialInstruments2024-04-3005093209core:Non-currentFinancialInstruments2023-04-3005093209dpl:CostSales2023-05-012024-04-3005093209dpl:DistributionCosts2023-05-012024-04-3005093209core:LandBuildings2023-05-012024-04-3005093209core:PlantMachinery2023-05-012024-04-3005093209core:Vehicles2023-05-012024-04-3005093209core:FurnitureFittings2023-05-012024-04-3005093209core:OfficeEquipment2023-05-012024-04-3005093209dpl:AdministrativeExpenses2023-05-012024-04-3005093209core:NetGoodwill2023-05-012024-04-3005093209core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3005093209dpl:GroupUndertakings2023-05-012024-04-3005093209dpl:ParticipatingInterests2023-05-012024-04-3005093209dpl:GroupUndertakingscore:ListedExchangeTraded2023-05-012024-04-3005093209core:ListedExchangeTraded2023-05-012024-04-3005093209dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-05-012024-04-3005093209core:UnlistedNon-exchangeTraded2023-05-012024-04-3005093209dpl:CostSales2022-05-012023-04-3005093209dpl:DistributionCosts2022-05-012023-04-3005093209core:LandBuildings2022-05-012023-04-3005093209core:PlantMachinery2022-05-012023-04-3005093209core:Vehicles2022-05-012023-04-3005093209core:FurnitureFittings2022-05-012023-04-3005093209core:OfficeEquipment2022-05-012023-04-3005093209dpl:AdministrativeExpenses2022-05-012023-04-3005093209core:NetGoodwill2022-05-012023-04-3005093209core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3005093209dpl:GroupUndertakings2022-05-012023-04-3005093209dpl:ParticipatingInterests2022-05-012023-04-3005093209dpl:GroupUndertakingscore:ListedExchangeTraded2022-05-012023-04-3005093209core:ListedExchangeTraded2022-05-012023-04-3005093209dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-05-012023-04-3005093209core:UnlistedNon-exchangeTraded2022-05-012023-04-3005093209core:NetGoodwill2024-04-3005093209core:IntangibleAssetsOtherThanGoodwill2024-04-3005093209core:LandBuildings2024-04-3005093209core:PlantMachinery2024-04-3005093209core:Vehicles2024-04-3005093209core:FurnitureFittings2024-04-3005093209core:OfficeEquipment2024-04-3005093209core:AfterOneYear2024-04-3005093209core:WithinOneYear2024-04-3005093209core:ListedExchangeTraded2024-04-3005093209core:UnlistedNon-exchangeTraded2024-04-3005093209core:ShareCapital2024-04-3005093209core:SharePremium2024-04-3005093209core:RevaluationReserve2024-04-3005093209core:OtherReservesSubtotal2024-04-3005093209core:RetainedEarningsAccumulatedLosses2024-04-3005093209core:NetGoodwill2023-04-3005093209core:IntangibleAssetsOtherThanGoodwill2023-04-3005093209core:LandBuildings2023-04-3005093209core:PlantMachinery2023-04-3005093209core:Vehicles2023-04-3005093209core:FurnitureFittings2023-04-3005093209core:OfficeEquipment2023-04-3005093209core:AfterOneYear2023-04-3005093209core:WithinOneYear2023-04-3005093209core:ListedExchangeTraded2023-04-3005093209core:UnlistedNon-exchangeTraded2023-04-3005093209core:ShareCapital2023-04-3005093209core:SharePremium2023-04-3005093209core:RevaluationReserve2023-04-3005093209core:OtherReservesSubtotal2023-04-3005093209core:RetainedEarningsAccumulatedLosses2023-04-3005093209core:NetGoodwill2022-05-0105093209core:IntangibleAssetsOtherThanGoodwill2022-05-0105093209core:LandBuildings2022-05-0105093209core:PlantMachinery2022-05-0105093209core:Vehicles2022-05-0105093209core:FurnitureFittings2022-05-0105093209core:OfficeEquipment2022-05-0105093209core:AfterOneYear2022-05-0105093209core:WithinOneYear2022-05-0105093209core:ListedExchangeTraded2022-05-0105093209core:UnlistedNon-exchangeTraded2022-05-0105093209core:ShareCapital2022-05-0105093209core:SharePremium2022-05-0105093209core:RevaluationReserve2022-05-0105093209core:OtherReservesSubtotal2022-05-0105093209core:RetainedEarningsAccumulatedLosses2022-05-0105093209core:AfterOneYear2023-05-012024-04-3005093209core:WithinOneYear2023-05-012024-04-3005093209core:Non-currentFinancialInstrumentscore:CostValuation2023-05-012024-04-3005093209core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-012024-04-3005093209core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-012024-04-3005093209core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-012024-04-3005093209core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-012024-04-3005093209core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-012024-04-3005093209core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3005093209core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3005093209core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-012024-04-3005093209core:Non-currentFinancialInstrumentscore:CostValuation2024-04-3005093209core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-04-3005093209core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-04-3005093209core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-04-3005093209core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-04-3005093209core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-04-3005093209core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-04-3005093209core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-04-3005093209core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-04-3005093209core:Non-currentFinancialInstrumentscore:CostValuation2023-04-3005093209core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-3005093209core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-3005093209core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-3005093209core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-3005093209core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-3005093209core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-3005093209core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-3005093209core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-3005093209bus:Director12023-05-012024-04-3005093209bus:Director22023-05-012024-04-3005093209core:FurnitureFittingsToolsEquipment2023-04-3005093209core:FurnitureFittingsToolsEquipment2024-04-3005093209core:FurnitureFittingsToolsEquipment2023-05-012024-04-3005093209core:OtherMiscellaneousReserve2023-04-3005093209core:OtherMiscellaneousReserve2024-04-30

RELDAS INVESTMENTS LIMITED

Registered Number
05093209
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2024

RELDAS INVESTMENTS LIMITED
Company Information
for the year from 1 May 2023 to 30 April 2024

Directors

SADLER, Robert Leigh
SADLER, Julie Ann

Company Secretary

SADLER, Robert Leigh

Registered Address

12a Marlborough Place
Brighton
BN1 1WN

Registered Number

05093209 (England and Wales)
RELDAS INVESTMENTS LIMITED
Balance Sheet as at
30 April 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets4861,342864,195
861,342864,195
Current assets
Debtors59,15811,803
Cash at bank and on hand53,17241,134
62,33052,937
Creditors amounts falling due within one year6(303,725)(303,683)
Net current assets (liabilities)(241,395)(250,746)
Total assets less current liabilities619,947613,449
Provisions for liabilities7(85,438)(85,263)
Net assets534,509528,186
Capital and reserves
Called up share capital100100
Revaluation reserve352,145352,145
Profit and loss account182,264175,941
Shareholders' funds8534,509528,186
The financial statements were approved and authorised for issue by the Board of Directors on 1 August 2024, and are signed on its behalf by:
SADLER, Robert Leigh
Director
Registered Company No. 05093209
RELDAS INVESTMENTS LIMITED
Notes to the Financial Statements
for the year ended 30 April 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Fixtures and fittings20
Office Equipment25
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.
2.Average number of employees

20242023
Average number of employees during the year00
3.Deferred tax
Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.
4.Tangible fixed assets

Land & buildings

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 May 23850,00054,3622,045906,407
At 30 April 24850,00054,3622,045906,407
Depreciation and impairment
At 01 May 23-40,4501,76242,212
Charge for year-2,782712,853
At 30 April 24-43,2321,83345,065
Net book value
At 30 April 24850,00011,130212861,342
At 30 April 23850,00013,912283864,195
5.Debtors: amounts due within one year

2024

2023

££
Other debtors2,7153,286
Prepayments and accrued income6,4438,517
Total9,15811,803
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables2,964-
Taxation and social security2,1493,630
Other creditors297,442298,883
Accrued liabilities and deferred income1,1701,170
Total303,725303,683
7.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)85,43885,263
Total85,43885,263
8.Fair value reserve

£
Fair value reserve at 01 May 23352,145
At 30 April 24352,145
9.Related party transactions
During the year, the directors of the company rented one of the flats of the freehold property at a commercial rent. The market rent received by the company from the directors for the year was £4,800 (2023 - £4,800).