Registered number |
For the year ended |
Pages for filing with Registrar |
Registered number: | |||||||
Balance Sheet | |||||||
as at |
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Notes | 2024 | 2023 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Tangible assets | 4 | - | |||||
Investments | 5 | ||||||
Current assets | |||||||
Debtors | 6 | ||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | 7 | ( |
( |
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Net current liabilities | ( |
( |
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Net liabilities | ( |
( |
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Capital and reserves | |||||||
Called up share capital | 8 | ||||||
Share premium | |||||||
Profit and loss account | ( |
( |
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Shareholder's funds | ( |
( |
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D Laugier | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 101 "Reduced Disclosure Framework." - Inclusion of an explicit and unreserved statement of compliance with FRS - Presentation of statement of cashflow and related notes - Disclosure of the objectives, policies and processes for managing capital - Disclosure of key management personnel compensation - Related party disclosure for transactions with the parent or wholly owned members of the group |
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The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group. Redbridge DTA UK Limited is a wholly owned subsidiary of Redbridge Holiding SAS and the results of Redbridge DTA UK Limited are included in the consolidated financial statements of Redbridge Holdings SAS which are available from 49 Avenue d'Iena, 75116 Paris, France. |
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Significant judgements and estimates | ||||||||
Useful economic lives of plant and equipment The annual depreciation charge for plant and equipment is sensitive to changes in estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended where necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and physical condition of the assets. Impairment of trade receivables The group makes an estimate of the recoverable amount of trade and other debtors. When assessing impairment of trade and other receivables, management considers factors including the credit rating of the receivable, the ageing profile of receivable and historical experience. |
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Revenue | ||||||||
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income. |
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Going concern | ||||||||
Tangible fixed assets | ||||||||
Computers | Over 3 years | |||||||
Investments | ||||||||
Debtors | ||||||||
Creditors | ||||||||
Taxation | ||||||||
Provisions | ||||||||
Foreign currency translation | ||||||||
Pensions | ||||||||
2 | Audit information | |||||||
Senior statutory auditor: | ||||||||
Firm: | ||||||||
Date of audit report: | ||||||||
3 | Employees | 2024 | 2023 | |||||
Number | Number | |||||||
Average number of persons employed by the company | ||||||||
4 | Tangible fixed assets | |||||||
Plant and machinery etc | ||||||||
£ | ||||||||
Cost | ||||||||
At 1 April 2023 | ||||||||
Additions | ||||||||
At 31 March 2024 | ||||||||
Depreciation | ||||||||
At 1 April 2023 | ||||||||
At 31 March 2024 | ||||||||
Net book value | ||||||||
At 31 March 2024 | ||||||||
5 | Investments | |||||||
Investments in | ||||||||
subsidiary | ||||||||
undertakings | ||||||||
£ | ||||||||
Cost | ||||||||
At 1 April 2023 | ||||||||
Changes in value | ( |
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At 31 March 2024 | ||||||||
Details of the company's subsidiaries at 31 March 2024 are as follows: | ||||||||
Name of undertaking | Registered office | % held | ||||||
Redbridge France SAS | 49 Avenue d'lena - 75116, Paris, France | 100 | ||||||
Redbridge USA Inc. | 712 Main Street Suite 1820- Houston TX77002 | 100 | ||||||
Redbridge Switzerland SA | 13 qual de I'le- 1204, Geneva | 100 | ||||||
6 | Debtors | 2024 | 2023 | |||||
£ | £ | |||||||
Trade debtors | - | |||||||
Amounts owed by group undertakings | ||||||||
Prepayments | ||||||||
Other debtors | ||||||||
7 | Creditors: amounts falling due within one year | 2024 | 2023 | |||||
£ | £ | |||||||
Shareholders loans | ||||||||
Trade creditors | ||||||||
Amounts owed to group undertakings | ||||||||
Taxation and social security costs | ||||||||
Accruals | ||||||||
8 | Called up share capital | 2024 | 2023 | |||||
£ | £ | |||||||
50,000,000 Class "A" Ordinary shares of €0.001 | ||||||||
28,440,255 Class "B" Ordinary shares of €0.001 | ||||||||
9 | Related party transactions | |||||||
Included within debtors are the amounts of £318,695 (2023: £309,390) from Redbridge Switzerland SA, £1,146,071 (2023: £1,163,711) from Redbridge USA Inc. and £790,586 (2023: £248,227) from Redbridge Holdings SAS. Redbridge Holdings SAS is the company's parent company, Redbridge Swizerland SA and Redbridge USA Inc are the company's subsidiaries. Included within creditors due within one year is an amount of £2,914,524 (2023: £2,544,040) owed to Redbridge France SAS, its subsidiary. The amounts are payable/repayable on demand. |
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10 | Controlling party | |||||||
11 | Other information | |||||||
REDBRIDGE DTA UK LIMITED is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
52 Jermyn Street | ||||||||
London | ||||||||
SW1Y 6LX |