Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-0132024-01-01falseNo description of principal activity3falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false NI681688 2024-01-01 2024-12-31 NI681688 2023-01-01 2023-12-31 NI681688 2024-12-31 NI681688 2023-12-31 NI681688 c:Director1 2024-01-01 2024-12-31 NI681688 d:FreeholdInvestmentProperty 2024-01-01 2024-12-31 NI681688 d:FreeholdInvestmentProperty 2024-12-31 NI681688 d:CurrentFinancialInstruments 2024-12-31 NI681688 d:CurrentFinancialInstruments 2023-12-31 NI681688 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 NI681688 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 NI681688 d:ShareCapital 2024-12-31 NI681688 d:ShareCapital 2023-12-31 NI681688 d:RetainedEarningsAccumulatedLosses 2024-12-31 NI681688 d:RetainedEarningsAccumulatedLosses 2023-12-31 NI681688 c:OrdinaryShareClass1 2024-01-01 2024-12-31 NI681688 c:OrdinaryShareClass1 2024-12-31 NI681688 c:OrdinaryShareClass1 2023-12-31 NI681688 c:OrdinaryShareClass2 2024-01-01 2024-12-31 NI681688 c:OrdinaryShareClass2 2024-12-31 NI681688 c:OrdinaryShareClass2 2023-12-31 NI681688 c:OrdinaryShareClass3 2024-01-01 2024-12-31 NI681688 c:OrdinaryShareClass3 2024-12-31 NI681688 c:OrdinaryShareClass3 2023-12-31 NI681688 c:OrdinaryShareClass4 2024-01-01 2024-12-31 NI681688 c:OrdinaryShareClass4 2024-12-31 NI681688 c:OrdinaryShareClass4 2023-12-31 NI681688 c:OrdinaryShareClass5 2024-01-01 2024-12-31 NI681688 c:OrdinaryShareClass5 2024-12-31 NI681688 c:OrdinaryShareClass5 2023-12-31 NI681688 c:FRS102 2024-01-01 2024-12-31 NI681688 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 NI681688 c:FullAccounts 2024-01-01 2024-12-31 NI681688 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 NI681688 6 2024-01-01 2024-12-31 NI681688 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: NI681688










RGL Group Ltd








Unaudited

Financial statements

Information for filing with the registrar

For the Period Ended 31 December 2024

 
RGL Group Ltd
Registered number: NI681688

Balance Sheet
As at 31 December 2024

2024
2023
Note
£
£

Fixed assets
  

Fixed Asset Investments
 4 
701,006
701,006

Investment property
  
3,271,095
-

  
3,972,101
701,006

Current assets
  

Debtors: amounts falling due within one year
 6 
10
-

Cash at bank and in hand
 7 
22,104
407,725

  
22,114
407,725

Creditors: amounts falling due within one year
 8 
(1,124,982)
(365,963)

Net current (liabilities)/assets
  
 
 
(1,102,868)
 
 
41,762

Total assets less current liabilities
  
2,869,233
742,768

  

Net assets
  
2,869,233
742,768


Capital and reserves
  

Called up share capital 
 9 
701,006
701,006

Profit and loss account
  
2,168,227
41,762

  
2,869,233
742,768


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 period 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 1 May 2025.

R M O'Hara
Director

The notes on pages 3 to 6 form part of these financial statements.
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Page 1

 
RGL Group Ltd
Registered number: NI681688

Balance Sheet (continued)
As at 31 December 2024


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Page 2

 
RGL Group Ltd
 

 
Notes to the Financial Statements
For the Period Ended 31 December 2024

1.


General information

RGL Group Ltd is a private company limited by shares incorporated in Northern Ireland. The registration number and address of the registered office are given in the Company Information section of these financial statements. 

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

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

The Directors of RGL Group Ltd have reviewed the resources available and believe that the company has adequate resources to continue in operational existence for the foreseeable future. 

 
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 balance sheet date in the countries where the Company operates and generates income.


 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

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RGL Group Ltd
 

 
Notes to the Financial Statements
For the Period Ended 31 December 2024

2.Accounting policies (continued)

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.7

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.

 
2.8

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.

 
2.9

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.

 
2.10

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 period was 3 (2023 - 3).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
701,006



At 31 December 2024
701,006




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RGL Group Ltd
 

 
Notes to the Financial Statements
For the Period Ended 31 December 2024

5.


Investment property


Freehold investment property

£



Valuation


Additions at cost
3,271,095



At 31 December 2024
3,271,095





At 31 December 2024



Investment properties were transferred from the subsidiary at fair value as determined by the directors.

If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
3,271,095
-

Accumulated depreciation and impairments
(54,518)
-

3,216,577
-


6.


Debtors

2024
2023
£
£


Other debtors
10
-

10
-



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
22,104
407,725

22,104
407,725


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RGL Group Ltd
 

 
Notes to the Financial Statements
For the Period Ended 31 December 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
1,113,949
347,903

Corporation tax
9,290
-

Other creditors
1,743
18,060

1,124,982
365,963



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



152,725 (2023 - 152,725) 'A' Ordinary Shares shares of £1.00 each
152,725
152,725
152,725 (2023 - 152,725) 'B' Ordinary Shares shares of £1.00 each
152,725
152,725
152,725 (2023 - 152,725) 'C' Ordinary Shares shares of £1.00 each
152,725
152,725
242,825 (2023 - 242,825) 'D' Ordinary Shares shares of £1.00 each
242,825
242,825
1 (2023 - 1) 'E' Ordinary Shares share of £1.00
1
1
1 (2023 - 1) 'F' 'Ordinary Shares share of £1.00
1
1
1 (2023 - 1) 'G' 'Ordinary Shares share of £1.00
1
1
1 (2023 - 1) 'H' 'Ordinary Shares share of £1.00
1
1
1 (2023 - 1) 'I' Ordinary Shares share of £1.00
1
1
1 (2023 - 1) 'J' Ordinary Shares share of £1.00
1
1

701,006

701,006



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