Registered number
09355427
REDBRIDGE DTA UK LIMITED
Financial statements
For the year ended 31 March 2024
Pages for filing with Registrar
REDBRIDGE DTA UK LIMITED
Registered number: 09355427
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 2,800 -
Investments 5 1,319,537 1,562,089
1,322,337 1,562,089
Current assets
Debtors 6 2,265,632 1,957,293
Cash at bank and in hand 61,586 133,451
2,327,218 2,090,744
Creditors: amounts falling due within one year 7 (4,517,295) (4,037,128)
Net current liabilities (2,190,077) (1,946,384)
Net liabilities (867,740) (384,295)
Capital and reserves
Called up share capital 8 670 670
Share premium 282,410 282,410
Profit and loss account (1,150,820) (667,375)
Shareholder's funds (867,740) (384,295)
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D Laugier
Director
Approved by the board on 23 December 2024
REDBRIDGE DTA UK LIMITED
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with FRS 101 "Reduced Disclosure Framework" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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
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.
Significant judgements and estimates
The preparation of financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those 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.
Revenue
Revenue is measured based on the consideration specified in a contract with the customers and excludes amounts collected on behalf of third parties. The company recognises revenue when it transfers control of the a product or service to a customer.

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.
Going concern
The directors have at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Also, the parent company has agreed to provide ongoing financial support to the company and to assist the company to meet its liabilities as they fall due to the extent that the company does not have sufficient funds to meet the liabilities out of its own resources. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computers Over 3 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Audit information
The audit report is unqualified.
Senior statutory auditor: Indra Raj Giri, ACA, FCCA
Firm: Makesworth Audit Services Ltd
Date of audit report: 23 December 2024
3 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 3,141
Additions 2,800
At 31 March 2024 5,941
Depreciation
At 1 April 2023 3,141
At 31 March 2024 3,141
Net book value
At 31 March 2024 2,800
5 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 April 2023 1,562,089
Changes in value (242,552)
At 31 March 2024 1,319,537
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 - 219,320
Amounts owed by group undertakings 2,255,352 1,721,328
Prepayments 230 2,177
Other debtors 10,050 14,468
2,265,632 1,957,293
7 Creditors: amounts falling due within one year 2024 2023
£ £
Shareholders loans 1,300,484 1,248,748
Trade creditors 53,948 16,395
Amounts owed to group undertakings 2,914,524 2,544,040
Taxation and social security costs 73,818 19,768
Accruals 174,521 208,177
4,517,295 4,037,128
8 Called up share capital 2024 2023
£ £
50,000,000 Class "A" Ordinary shares of €0.001 430 430
28,440,255 Class "B" Ordinary shares of €0.001 240 240
670 670
9 Related party transactions
During the year the company made sales of £607,767 (2023: £431,368) to its parent company. The transaction was conducted under normal commercial terms.

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.
10 Controlling party
The company is a wholly owned subsidiary of Redbridge Holdings SAS, a company registered in France.
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
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