Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-312023-08-3122022-09-01falseHolding Company2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13337855 2022-09-01 2023-08-31 13337855 2021-09-01 2022-08-31 13337855 2023-08-31 13337855 2022-08-31 13337855 c:Director1 2022-09-01 2023-08-31 13337855 c:Director2 2022-09-01 2023-08-31 13337855 d:CurrentFinancialInstruments 2023-08-31 13337855 d:CurrentFinancialInstruments 2022-08-31 13337855 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 13337855 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 13337855 d:ShareCapital 2023-08-31 13337855 d:ShareCapital 2022-08-31 13337855 d:RetainedEarningsAccumulatedLosses 2023-08-31 13337855 d:RetainedEarningsAccumulatedLosses 2022-08-31 13337855 c:FRS102 2022-09-01 2023-08-31 13337855 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 13337855 c:FullAccounts 2022-09-01 2023-08-31 13337855 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 13337855 6 2022-09-01 2023-08-31 13337855 e:PoundSterling 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 13337855










RSLC HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2023

 
RSLC HOLDINGS LIMITED
REGISTERED NUMBER: 13337855

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
100
100

  
100
100

Current assets
  

Stocks
 5 
1,251,259
1,247,047

Debtors: amounts falling due within one year
 6 
958
359

Cash at bank and in hand
  
473
2,002

  
1,252,690
1,249,408

Creditors: amounts falling due within one year
 7 
(506,863)
(494,725)

Net current assets
  
 
 
745,827
 
 
754,683

Total assets less current liabilities
  
745,927
754,783

  

Net assets
  
745,927
754,783


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
745,827
754,683

  
745,927
754,783


Page 1

 
RSLC HOLDINGS LIMITED
REGISTERED NUMBER: 13337855
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 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 income statement 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: 




................................................
R Lond-Caulk
................................................
S Lond-Caulk
Director
Director


Date: 27 August 2024

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

Page 2

 
RSLC HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

RSLC Holdings Limited is a private company limited by shares and incorporated in England and Wales, registration number 13337855.  The registered office is Woodland House, Norwich Road, Carbooke, Thetford, Norfolk, IP25 6TJ. 

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Stocks

Stocks and work in progress are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Work in progress includes all direct costs and any directly attributable overheads relating to ongoing developments
At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.5

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.

 
2.6

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.

Page 3

 
RSLC HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.7

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 year was 2 (2022 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 September 2022
100



At 31 August 2023
100





5.


Stocks

2023
2022
£
£

Work in progress (goods to be sold)
1,251,259
1,247,047

1,251,259
1,247,047


Page 4

 
RSLC HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

6.


Debtors

2023
2022
£
£


Other debtors
958
359

958
359



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,555
2,917

Amounts owed to group undertakings
297,308
283,808

Amounts owed to other participating interests
75,000
100,000

Other creditors
130,000
105,000

Accruals and deferred income
3,000
3,000

506,863
494,725



8.


Related party transactions

At the year end, the Directors were owed £130,000 (2022 - £105,000) which is included in other creditors and repayable on demand.

 
Page 5