Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31Wholesale of electronic and telecommunication equipment and parts12023-10-10truefalsetruefalse 15201428 2023-10-09 15201428 2023-10-10 2024-12-31 15201428 2022-10-10 2023-10-09 15201428 2024-12-31 15201428 c:Director1 2023-10-10 2024-12-31 15201428 d:CurrentFinancialInstruments 2024-12-31 15201428 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 15201428 d:ShareCapital 2024-12-31 15201428 d:RetainedEarningsAccumulatedLosses 2024-12-31 15201428 c:OrdinaryShareClass1 2023-10-10 2024-12-31 15201428 c:OrdinaryShareClass1 2024-12-31 15201428 c:FRS102 2023-10-10 2024-12-31 15201428 c:Audited 2023-10-10 2024-12-31 15201428 c:FullAccounts 2023-10-10 2024-12-31 15201428 c:PrivateLimitedCompanyLtd 2023-10-10 2024-12-31 15201428 c:SmallCompaniesRegimeForAccounts 2023-10-10 2024-12-31 15201428 e:PoundSterling 2023-10-10 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15201428









REOLINK UK INNOVATION LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

 
REOLINK UK INNOVATION LIMITED
REGISTERED NUMBER: 15201428

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
2,250

Cash at bank and in hand
 6 
4,198

  
6,448

Creditors: amounts falling due within one year
 7 
(15,600)

Net current (liabilities)/assets
  
 
 
(9,152)

Total assets less current liabilities
  
(9,152)

  

Net (liabilities)/assets
  
(9,152)


Capital and reserves
  

Called up share capital 
 8 
10,000

Profit and loss account
  
(19,152)

  
(9,152)


The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 income and retained earnings 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 25 June 2025.




Xiaoyu Liu
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
REOLINK UK INNOVATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

Reolink UK Innovation Limited ('the company') is a private limited by shares and is incorporated in England. The address of its registered office is  First Floor, 10-11 Austin Friars, London, England, EC2N 2HG. The principal activity of the company is sales of telecommunication and technology. The company was incorporated on 10 October 2023 and commenced to trade on that date.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS102 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

Going concern

The company shows net current liabilities at the balance sheet date of £9,152. 
The company has received formal confirmation from the parent company Reolink Innovation Limited that the company will receive the financial support it requires to enable it to meet its liabilities as they fall due.
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
In making his assessment of going concern, the director has considered information for a period
of at least twelve months from the date the financial statements were authorised for issue.
 

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

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.

Page 2

 
REOLINK UK INNOVATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

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.

  
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including loans are measured initially at fair value, net of transaction costs and are measured subsequently at amortised cost using the effective interest method.


3.


Judgments in applying accounting policies and key sources of estimation uncertainty

 In the application of the Company’s accounting policies, which are described above, Directors are
required to make judgements, estimates and assumptions about the carrying values of assets and
lliabilities that are not readily apparent from other sources. The estimates and underlying assumptions
are based on historical experience and other factors that are considered to be relevant. Actual results
may differ from these estimates.

The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects the
current and future periods.

In the view of the Director, no assumptions concerning the future or estimation uncertainty affecting assets and liabilities at the balance sheet date are likely to result in a material adjustment to their carrying amounts in the next financial year.
 


4.


Employees

The average monthly number of employees, including the director, during the period was as follows:


        period
     31 December
        2024
            No.






Employees
1


5.


Debtors

2024
£

Page 3

 
REOLINK UK INNOVATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

5.Debtors (continued)


Other debtors
2,250

2,250



6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
4,198

4,198



7.


Creditors: Amounts falling due within one year

2024
£

Accruals and deferred income
15,600

15,600



8.


Share capital

2024
£
Allotted, called up and fully paid


10,000 Ordinary shares of £1 each
10,000


On 10 October 2023, the company issued 10,000 Ordinary shares of £1 each for cash at par.


9.


Related party transactions

The company has taken advantage of the exemption in FRS102 from the requirement to disclose
transactions with group companies on the grounds that the company is a wholly owned subsidiary.

Page 4

 
REOLINK UK INNOVATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

10.


Controlling Party

The controlling party is its parent company, Reolink Innovation Limited, a company registered in Hong Kong.







11.


Auditors' information

The auditors' report on the financial statements for the period ended 31 December 2024 was unqualified.

The audit report was signed on 25 June 2025 by Richard Paul (Senior Statutory Auditor) on behalf of Nyman Libson Paul LLP.

 
Page 5