Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11295884 2023-05-01 2024-04-30 11295884 2022-05-01 2023-04-30 11295884 2024-04-30 11295884 2023-04-30 11295884 c:Director1 2023-05-01 2024-04-30 11295884 d:CurrentFinancialInstruments 2024-04-30 11295884 d:CurrentFinancialInstruments 2023-04-30 11295884 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 11295884 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11295884 d:ShareCapital 2024-04-30 11295884 d:ShareCapital 2023-04-30 11295884 d:RetainedEarningsAccumulatedLosses 2024-04-30 11295884 d:RetainedEarningsAccumulatedLosses 2023-04-30 11295884 c:OrdinaryShareClass1 2023-05-01 2024-04-30 11295884 c:OrdinaryShareClass1 2024-04-30 11295884 c:OrdinaryShareClass1 2023-04-30 11295884 c:OrdinaryShareClass2 2023-05-01 2024-04-30 11295884 c:OrdinaryShareClass2 2024-04-30 11295884 c:OrdinaryShareClass2 2023-04-30 11295884 c:FRS102 2023-05-01 2024-04-30 11295884 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11295884 c:FullAccounts 2023-05-01 2024-04-30 11295884 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11295884 2 2023-05-01 2024-04-30 11295884 6 2023-05-01 2024-04-30 11295884 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11295884









REID FAMILY INVESTMENTS LONDON LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
REID FAMILY INVESTMENTS LONDON LIMITED
REGISTERED NUMBER: 11295884

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
1,424,974
460,313

  
1,424,974
460,313

Current assets
  

Cash at bank and in hand
 5 
19,413
925,321

  
19,413
925,321

Creditors: amounts falling due within one year
 6 
(1,357,978)
(1,349,309)

Net current liabilities
  
 
 
(1,338,565)
 
 
(423,988)

Total assets less current liabilities
  
86,409
36,325

  

Net assets
  
86,409
36,325


Capital and reserves
  

Called up share capital 
 7 
102
102

Profit and loss account
  
86,307
36,223

  
86,409
36,325


Page 1

 
REID FAMILY INVESTMENTS LONDON LIMITED
REGISTERED NUMBER: 11295884
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 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: 




N T J Reid
Director

Date: 12 February 2025

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

Page 2

 
REID FAMILY INVESTMENTS LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Reid Family Investments London Limited is a private company limited by shares incorporated in England & Wales (registered number 11295884). The 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 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

Interest income

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

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

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.


 
2.5

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.

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.

 
2.6

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.

Page 3

 
REID FAMILY INVESTMENTS LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
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.


3.


Employees

2024
2023
£
£

Wages and salaries
6,000
6,000

6,000
6,000


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


4.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 May 2023
460,313


Additions
2,274,974


Disposals
(1,278,159)


Revaluations
(32,154)



At 30 April 2024
1,424,974





5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
19,413
925,321

19,413
925,321


Page 4

 
REID FAMILY INVESTMENTS LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
14,301
11,634

Other creditors
1,341,677
1,335,675

Accruals and deferred income
2,000
2,000

1,357,978
1,349,309



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary A shares of £1.00 each
2
2
100 (2023 - 100) Ordinary B shares of £1.00 each
100
100

102

102


 
Page 5