Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-292024-04-29false2023-04-30falsetrueNo description of principal activity11The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13332746 2023-04-30 2024-04-29 13332746 2022-05-01 2023-04-29 13332746 2024-04-29 13332746 2023-04-29 13332746 c:Director1 2023-04-30 2024-04-29 13332746 d:ComputerEquipment 2023-04-30 2024-04-29 13332746 d:ComputerEquipment 2024-04-29 13332746 d:ComputerEquipment 2023-04-29 13332746 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-30 2024-04-29 13332746 d:CurrentFinancialInstruments 2024-04-29 13332746 d:CurrentFinancialInstruments 2023-04-29 13332746 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-29 13332746 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-29 13332746 d:ShareCapital 2024-04-29 13332746 d:ShareCapital 2023-04-29 13332746 d:RetainedEarningsAccumulatedLosses 2024-04-29 13332746 d:RetainedEarningsAccumulatedLosses 2023-04-29 13332746 c:OrdinaryShareClass1 2023-04-30 2024-04-29 13332746 c:OrdinaryShareClass1 2024-04-29 13332746 c:OrdinaryShareClass1 2023-04-29 13332746 c:FRS102 2023-04-30 2024-04-29 13332746 c:AuditExempt-NoAccountantsReport 2023-04-30 2024-04-29 13332746 c:FullAccounts 2023-04-30 2024-04-29 13332746 c:PrivateLimitedCompanyLtd 2023-04-30 2024-04-29 13332746 6 2023-04-30 2024-04-29 13332746 e:PoundSterling 2023-04-30 2024-04-29 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13332746









RE7 CAPITAL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 APRIL 2024

 
RE7 CAPITAL LIMITED
REGISTERED NUMBER: 13332746

STATEMENT OF FINANCIAL POSITION
AS AT 29 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
148
266

Investments
  
15,986
-

  
16,134
266

Current assets
  

Debtors: amounts falling due within one year
 6 
1,569,734
775,888

Cash at bank and in hand
 7 
87,873
18,964

  
1,657,607
794,852

Creditors: amounts falling due within one year
 8 
(1,584,442)
(741,829)

Net current assets
  
 
 
73,165
 
 
53,023

Total assets less current liabilities
  
89,299
53,289

  

Net assets
  
89,299
53,289


Capital and reserves
  

Called up share capital 
 9 
1
1

Profit and loss account
  
89,298
53,288

  
89,299
53,289

Page 1

 
RE7 CAPITAL LIMITED
REGISTERED NUMBER: 13332746
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 APRIL 2024

The director considers 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 director acknowledges his 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: 




E Gokhberg
Director

Date: 7 March 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
RE7 CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 APRIL 2024

1.


General information

RE7 Capital Limited is a private company limited by shares and incorporated in England & Wales (Resgitration number 13332746). The registered office is at 101 New Cavendish Street, 1st Floor South, London, 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

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, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

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.


 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
RE7 CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 APRIL 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
25%
Straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
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

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.

 
2.7

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.

 
2.8

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 4

 
RE7 CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 APRIL 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 30 April 2023
473



At 29 April 2024

473



Depreciation


At 30 April 2023
207


Charge for the year on owned assets
118



At 29 April 2024

325



Net book value



At 29 April 2024
148



At 29 April 2023
266


5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


Additions
15,986



At 29 April 2024
15,986





6.


Debtors

2024
2023
£
£
Page 5

 
RE7 CAPITAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 APRIL 2024

6.Debtors (continued)



Other debtors
11,789
3,589

Prepayments and accrued income
1,557,945
772,299

1,569,734
775,888



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
87,873
18,964

87,873
18,964



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
111,330
24,804

Amounts owed to related party undertakings
1,459,738
664,659

Corporation tax
8,474
9,658

Other creditors
1,400
39,208

Accruals and deferred income
3,500
3,500

1,584,442
741,829



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1


 
Page 6