Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activitytruetrue2023-04-012false2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06805979 2023-04-01 2024-03-31 06805979 2022-04-01 2023-03-31 06805979 2024-03-31 06805979 2023-03-31 06805979 c:Director1 2023-04-01 2024-03-31 06805979 d:CurrentFinancialInstruments 2024-03-31 06805979 d:CurrentFinancialInstruments 2023-03-31 06805979 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06805979 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06805979 d:ShareCapital 2024-03-31 06805979 d:ShareCapital 2023-03-31 06805979 d:RetainedEarningsAccumulatedLosses 2024-03-31 06805979 d:RetainedEarningsAccumulatedLosses 2023-03-31 06805979 c:FRS102 2023-04-01 2024-03-31 06805979 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06805979 c:FullAccounts 2023-04-01 2024-03-31 06805979 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06805979 2 2023-04-01 2024-03-31 06805979 6 2023-04-01 2024-03-31 06805979 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 06805979









REDINGTON LONDON LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
REDINGTON LONDON LIMITED
REGISTERED NUMBER: 06805979

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
  
764,667
739,667

  
764,667
739,667

Current assets
  

Debtors: amounts falling due within one year
 4 
390,869
400,237

Cash at bank and in hand
 5 
26,650
294,098

  
417,519
694,335

Creditors: amounts falling due within one year
 6 
(972,907)
(1,270,420)

Net current liabilities
  
 
 
(555,388)
 
 
(576,085)

Total assets less current liabilities
  
209,279
163,582

  

Net assets
  
209,279
163,582


Capital and reserves
  

Called up share capital 
  
4
4

Profit and loss account
  
209,275
163,578

  
209,279
163,582


Page 1

 
REDINGTON LONDON LIMITED
REGISTERED NUMBER: 06805979
    
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 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: 




M Gordon
Director

Date: 24 December 2024

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

Page 2

 
REDINGTON LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Redington London Limited is a private company limited by shares and incorporated in England and Wales (registered number: 06805979). Its registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

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 following principal accounting policies have been applied:

 
2.2

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable.

 
2.4

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 reporting 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.

 
2.5

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.

 
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.

Page 3

 
REDINGTON LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.9

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.10

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 income 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.



3.


Employees

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


4.


Debtors

2024
2023
£
£


Other debtors
390,869
400,237

390,869
400,237


Page 4

 
REDINGTON LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
26,650
294,098

26,650
294,098



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
24,996

Other creditors
968,907
1,241,424

Accruals and deferred income
4,000
4,000

972,907
1,270,420


 
Page 5