Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31true2023-04-01falseConsultants to the dental profession44falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06925294 2023-04-01 2024-03-31 06925294 2022-04-01 2023-03-31 06925294 2024-03-31 06925294 2023-03-31 06925294 c:Director1 2023-04-01 2024-03-31 06925294 d:MotorVehicles 2023-04-01 2024-03-31 06925294 d:MotorVehicles 2024-03-31 06925294 d:MotorVehicles 2023-03-31 06925294 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06925294 d:OfficeEquipment 2023-04-01 2024-03-31 06925294 d:OfficeEquipment 2024-03-31 06925294 d:OfficeEquipment 2023-03-31 06925294 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06925294 d:ComputerEquipment 2023-04-01 2024-03-31 06925294 d:ComputerEquipment 2024-03-31 06925294 d:ComputerEquipment 2023-03-31 06925294 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06925294 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06925294 d:CurrentFinancialInstruments 2024-03-31 06925294 d:CurrentFinancialInstruments 2023-03-31 06925294 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06925294 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06925294 d:ShareCapital 2024-03-31 06925294 d:ShareCapital 2023-03-31 06925294 d:RetainedEarningsAccumulatedLosses 2024-03-31 06925294 d:RetainedEarningsAccumulatedLosses 2023-03-31 06925294 c:OrdinaryShareClass1 2023-04-01 2024-03-31 06925294 c:OrdinaryShareClass1 2024-03-31 06925294 c:OrdinaryShareClass1 2023-03-31 06925294 c:OrdinaryShareClass2 2023-04-01 2024-03-31 06925294 c:OrdinaryShareClass2 2024-03-31 06925294 c:OrdinaryShareClass2 2023-03-31 06925294 c:OrdinaryShareClass3 2023-04-01 2024-03-31 06925294 c:OrdinaryShareClass3 2024-03-31 06925294 c:OrdinaryShareClass3 2023-03-31 06925294 c:OrdinaryShareClass4 2023-04-01 2024-03-31 06925294 c:OrdinaryShareClass4 2024-03-31 06925294 c:OrdinaryShareClass4 2023-03-31 06925294 c:OrdinaryShareClass5 2023-04-01 2024-03-31 06925294 c:OrdinaryShareClass5 2024-03-31 06925294 c:OrdinaryShareClass5 2023-03-31 06925294 c:FRS102 2023-04-01 2024-03-31 06925294 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06925294 c:FullAccounts 2023-04-01 2024-03-31 06925294 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06925294 2 2023-04-01 2024-03-31 06925294 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06925294









R AND K BEDI LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
R AND K BEDI LIMITED
REGISTERED NUMBER: 06925294

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
38,832
24,386

Trade investments
 5 
57,135
39,496

  
95,967
63,882

Current assets
  

Debtors: amounts falling due within one year
 6 
-
1,559

Cash at bank and in hand
 7 
8,091
58,700

  
8,091
60,259

Creditors: amounts falling due within one year
 8 
(31,200)
(18,764)

Net current (liabilities)/assets
  
 
 
(23,109)
 
 
41,495

Total assets less current liabilities
  
72,858
105,377

  

Net assets
  
72,858
105,377


Capital and reserves
  

Called up share capital 
 9 
99
99

Profit and loss account
  
72,759
105,278

  
72,858
105,377


Page 1

 
R AND K BEDI LIMITED
REGISTERED NUMBER: 06925294
    
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 on 27 March 2025.




Prof. R Bedi
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
R AND K BEDI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

R and K Bedi Limited is a private limited company, limited by shares, incorporated in England and Wales, registration number 06925294. The registered office address 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

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

Interest income

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

 
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.


Page 3

 
R AND K BEDI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
20%
reducing balance method
Office equipment
-
25%
straight line method
Computer equipment
-
33%
reducing balance 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.

 
2.6

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.

 
2.9

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.

Page 4

 
R AND K BEDI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 4 (2023 - 4).


4.


Tangible fixed assets





Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2023
36,790
651
10,180
47,621


Additions
22,000
-
-
22,000



At 31 March 2024

58,790
651
10,180
69,621



Depreciation


At 1 April 2023
13,244
163
9,827
23,234


Charge for the year on owned assets
7,276
163
116
7,555



At 31 March 2024

20,520
326
9,943
30,789



Net book value



At 31 March 2024
38,270
325
237
38,832



At 31 March 2023
23,546
488
352
24,386

Page 5

 
R AND K BEDI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Fixed asset investments





Trade investments

£





At 1 April 2023
39,496


Additions
17,639





6.


Debtors

2024
2023
£
£


Trade debtors
-
1,559

-
1,559



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
8,091
58,700

8,091
58,700



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
599
16,264

Other creditors
30,601
2,500

31,200
18,764


Page 6

 
R AND K BEDI LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



30 (2023 - 30) Ordinary shares "A" shares of £1.00 each
30
30
30 (2023 - 30) Ordinary shares "B" shares of £1.00 each
30
30
13 (2023 - 13) Ordinary shares "C" shares of £1.00 each
13
13
13 (2023 - 13) Ordinary shares "D" shares of £1.00 each
13
13
13 (2023 - 13) Ordinary shares "E" shares of £1.00 each
13
13

99

99


 
Page 7