Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31true2023-04-01falseNo description of principal activity21falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC742197 2023-04-01 2024-03-31 SC742197 2022-08-23 2023-03-31 SC742197 2024-03-31 SC742197 2023-03-31 SC742197 c:Director1 2023-04-01 2024-03-31 SC742197 c:Director2 2023-04-01 2024-03-31 SC742197 c:Director2 2024-03-31 SC742197 c:RegisteredOffice 2023-04-01 2024-03-31 SC742197 d:CurrentFinancialInstruments 2024-03-31 SC742197 d:CurrentFinancialInstruments 2023-03-31 SC742197 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 SC742197 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 SC742197 d:ShareCapital 2024-03-31 SC742197 d:ShareCapital 2023-03-31 SC742197 d:RetainedEarningsAccumulatedLosses 2024-03-31 SC742197 d:RetainedEarningsAccumulatedLosses 2023-03-31 SC742197 c:OrdinaryShareClass1 2023-04-01 2024-03-31 SC742197 c:OrdinaryShareClass1 2024-03-31 SC742197 c:OrdinaryShareClass1 2023-03-31 SC742197 c:OrdinaryShareClass2 2023-04-01 2024-03-31 SC742197 c:OrdinaryShareClass2 2024-03-31 SC742197 c:OrdinaryShareClass2 2023-03-31 SC742197 c:FRS102 2023-04-01 2024-03-31 SC742197 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC742197 c:FullAccounts 2023-04-01 2024-03-31 SC742197 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC742197 6 2023-04-01 2024-03-31 SC742197 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC742197










RADDA INVESTMENTS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
RADDA INVESTMENTS LIMITED
 

COMPANY INFORMATION


Directors
L M Benseman 
C F Benseman (appointed 7 August 2023)




Registered number
SC742197



Registered office
Flat 18
21 Simpson Loan

Edinburgh

EH3 9GD




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
RADDA INVESTMENTS LIMITED
REGISTERED NUMBER: SC742197

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
£
£

Fixed assets
  

Investments
 4 
2,051,535
848,335

  
2,051,535
848,335

Current assets
  

Debtors: amounts falling due within one year
 5 
870
185

Cash at bank and in hand
  
302,477
70,427

  
303,347
70,612

Creditors: amounts falling due within one year
 6 
(1,783,213)
(496,364)

Net current liabilities
  
 
 
(1,479,866)
 
 
(425,752)

Total assets less current liabilities
  
571,669
422,583

  

Net assets
  
571,669
422,583


Capital and reserves
  

Called up share capital 
 7 
400,002
400,002

Profit and loss account
  
171,667
22,581

  
571,669
422,583


Page 1

 
RADDA INVESTMENTS LIMITED
REGISTERED NUMBER: SC742197

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

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 statement of income and retained earnings 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 on 16 September 2024.




L M Benseman
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
RADDA INVESTMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Radda Investments Limited is a private company, limited by shares, incorporated in Scotland with registration number SC742197. The registered office is Flat 18, 21 Simpson Loan, Edinburgh, EH3 9GD.
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £. 

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

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 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.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.4

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 1).

Page 3

 
RADDA INVESTMENTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 April 2023
848,335


Additions
1,760,431


Disposals
(662,348)


Revaluations
105,117



At 31 March 2024
2,051,535





5.


Debtors

2024
2023
£
£


Prepayments and accrued income
870
185

870
185



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
4,378
367

Other creditors
1,776,335
493,597

Accruals and deferred income
2,500
2,400

1,783,213
496,364



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary A shares of £1.00 each
2
2
400,000 (2023 - 400,000) Ordinary B shares of £1.00 each
400,000
400,000

400,002

400,002



Page 4