Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-302025-04-302025-05-202024-05-01trueNo description of principal activity2false2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13350568 2024-05-01 2025-04-30 13350568 2023-05-01 2024-04-30 13350568 2025-04-30 13350568 2024-04-30 13350568 c:Director1 2024-05-01 2025-04-30 13350568 d:CurrentFinancialInstruments 2025-04-30 13350568 d:CurrentFinancialInstruments 2024-04-30 13350568 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 13350568 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13350568 d:ShareCapital 2025-04-30 13350568 d:ShareCapital 2024-04-30 13350568 d:SharePremium 2025-04-30 13350568 d:SharePremium 2024-04-30 13350568 d:CapitalRedemptionReserve 2025-04-30 13350568 d:CapitalRedemptionReserve 2024-04-30 13350568 d:RetainedEarningsAccumulatedLosses 2025-04-30 13350568 d:RetainedEarningsAccumulatedLosses 2024-04-30 13350568 c:OrdinaryShareClass1 2024-05-01 2025-04-30 13350568 c:OrdinaryShareClass1 2025-04-30 13350568 c:OrdinaryShareClass2 2024-05-01 2025-04-30 13350568 c:OrdinaryShareClass2 2025-04-30 13350568 c:FRS102 2024-05-01 2025-04-30 13350568 c:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 13350568 c:FullAccounts 2024-05-01 2025-04-30 13350568 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 13350568 6 2024-05-01 2025-04-30 13350568 e:USDollar 2024-05-01 2025-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13350568














RB1 INVESTMENTS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

 
RB1 INVESTMENTS LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 5


 
RB1 INVESTMENTS LIMITED
REGISTERED NUMBER:13350568

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2025

2025
2024
Note
$
$

Fixed assets
  

Investments
 4 
7,800,001
7,800,000

Current assets
  

Debtors: amounts falling due within one year
 5 
139,584
383,315

Cash at bank and in hand
  
6,065,948
-

  
6,205,532
383,315

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(1,969,264)
(140,781)

Net current assets
  
 
 
4,236,268
 
 
242,534

  

Net assets
  
12,036,269
8,042,534


Capital and reserves
  

Called up share capital 
 7 
1,128
1,128

Share premium account
  
7,936,428
7,936,428

Capital redemption reserve
  
92
92

Profit and loss account
  
4,098,621
104,886

  
12,036,269
8,042,534


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 20 May 2025.


J F Genovese
Director

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

Page 1

 
RB1 INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

1.


General information

RB1 Investments Limited is a private limited liability company incorporated in England and Wales with its registered office and trading address at 70 Cadogan Place, London, SW1X 9AH. 
The principal activity is that of an investment company.
The functional and presentational currency of the Company is $ USD. 

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

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is USD.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.4

Revenue

Turnover comprises revenue recognised by the company in respect of services supplied, exclusive of
Value Added Tax.
Revenue for the provision of services is recognised in the period in which services are provided.

Page 2

 
RB1 INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

 
2.5

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.


 
2.6

Valuation of investments

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.

 
2.7

Debtors

Short-term debtors are measured at transaction price, 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.

 
2.9

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 3

 
RB1 INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

4.


Fixed asset investments





Investments in subsidiary companies
Unlisted investments
Total

$
$
$



Cost


At 1 May 2024
-
7,800,000
7,800,000


Additions
1
-
1



At 30 April 2025
1
7,800,000
7,800,001





5.


Debtors

2025
2024
$
$


Other debtors
43,473
246,648

Prepayments and accrued income
96,111
136,667

139,584
383,315



6.


Creditors: Amounts falling due within one year

2025
2024
$
$

Foreign tax
1,806,368
-

Other creditors
25,232
7,830

Accruals and deferred income
137,664
132,951

1,969,264
140,781


Page 4

 
RB1 INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

7.


Share capital

2025
2024
$
$
Allotted, called up and fully paid



200 A Ordinary shares of $1.00 each
200
200
928 B Ordinary shares of $1.00 each
928
928

1,128

1,128


 
Page 5