Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31false2023-04-01No description of principal activityfalse33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14513413 2023-04-01 2024-03-31 14513413 2022-11-29 2023-03-31 14513413 2024-03-31 14513413 2023-03-31 14513413 c:Director2 2023-04-01 2024-03-31 14513413 d:ShareCapital 2024-03-31 14513413 d:ShareCapital 2023-03-31 14513413 c:OrdinaryShareClass1 2023-04-01 2024-03-31 14513413 c:OrdinaryShareClass1 2024-03-31 14513413 c:OrdinaryShareClass1 2023-03-31 14513413 c:FRS102 2023-04-01 2024-03-31 14513413 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 14513413 c:FullAccounts 2023-04-01 2024-03-31 14513413 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 14513413 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14513413














RED INVESTMENT HOLDINGS LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
RED INVESTMENT HOLDINGS LTD
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 3


 
RED INVESTMENT HOLDINGS LTD
REGISTERED NUMBER:14513413

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Cash at bank and in hand
  
4
4

  
4
4

Total assets less current liabilities
  
 
 
4
 
 
4

  

Net assets
  
4
4


Capital and reserves
  

Called up share capital 
 4 
4
4

  
4
4


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 profit and loss account 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 21 January 2025.




B Van Dyke
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
RED INVESTMENT HOLDINGS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Red Investment Holdings LTD is a limited liability company registered in England and Wales. Its registered office address is at 128 City Road, London, United Kingdom, EC1V 2NX.
The accounts are prepared in £ sterling, which is the functional currency.
The principal activity of the company during the year was that of the construction holding Company and property holding Company.              
                                                                                                       

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

Basic financial instruments

The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to related parties. 
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties. 
Interest bearing borrowings, such bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method. 

 
2.3

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 2

 
RED INVESTMENT HOLDINGS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



4 (2023 - 4) Ordinary shares of £1.00 each
4
4


 
Page 3