Acorah Software Products - Accounts Production 16.4.675 false true true false 17 May 2024 30 November 2024 30 November 2024 15725987 Mr Jason Ransted Ms Gillian Mowbray Mr Steven Lennon Mr Jeremy Gibson Mr Simon Embley true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15725987 2024-05-16 15725987 2024-11-30 15725987 2024-05-17 2024-11-30 15725987 frs-core:ShareCapital 2024-11-30 15725987 frs-bus:PrivateLimitedCompanyLtd 2024-05-17 2024-11-30 15725987 frs-bus:FilletedAccounts 2024-05-17 2024-11-30 15725987 frs-bus:SmallEntities 2024-05-17 2024-11-30 15725987 frs-bus:AuditExempt-NoAccountantsReport 2024-05-17 2024-11-30 15725987 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-17 2024-11-30 15725987 1 2024-05-17 2024-11-30 15725987 frs-core:CostValuation 2024-05-16 15725987 frs-core:AdditionsToInvestments 2024-11-30 15725987 frs-core:CostValuation 2024-11-30 15725987 frs-core:ProvisionsForImpairmentInvestments 2024-05-16 15725987 frs-core:ProvisionsForImpairmentInvestments 2024-11-30 15725987 frs-bus:Director1 2024-05-17 2024-11-30 15725987 frs-bus:Director2 2024-05-17 2024-11-30 15725987 frs-bus:Director3 2024-05-17 2024-11-30 15725987 frs-bus:Director4 2024-05-17 2024-11-30 15725987 frs-bus:Director5 2024-05-17 2024-11-30 15725987 frs-countries:EnglandWales 2024-05-17 2024-11-30
Registered number: 15725987
Radcliffe And Newlands Holding One Limited
Unaudited Financial Statements
For the Period 17 May 2024 to 30 November 2024
Radcliffe and Newlands Wealth Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 15725987
30 November 2024
Notes £ £
FIXED ASSETS
Investments 4 4,500,000
4,500,000
TOTAL ASSETS LESS CURRENT LIABILITIES 4,500,000
NET ASSETS 4,500,000
CAPITAL AND RESERVES
Called up share capital 5 4,500,000
SHAREHOLDERS' FUNDS 4,500,000
For the period ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jason Ransted
Director
21/08/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Radcliffe And Newlands Holding One Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15725987 . The registered office is Floor 4, 11 Leadenhall Street, London, EC3V 1LP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with the provisions of Section 1A of FRS 102 and under the historical cost convention. The company is a small company as defined by the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have considered the company’s position as a non-trading holding company funded by equity, together with the post-year-end sale noted above, and consider it appropriate to prepare the financial statements on a going concern basis.
2.3. Turnover
The company is a non-trading holding company.
2.4. Investments in subsidiaries
Investments in subsidiaries are stated at cost less impairment.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Investments
Subsidiaries
£
Cost or Valuation
As at 17 May 2024 -
Additions 4,500,000
As at 30 November 2024 4,500,000
Provision
As at 17 May 2024 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 4,500,000
As at 17 May 2024 -
Carrying amount at 30 November 2024: £4,500,000.
During the period, as part of a wider capital demerger/reorganisation, the company’s holdings and intra-group balances were restructured. At the balance sheet date the company’s only carrying investment is in its subsidiary Radcliffe and Newlands Mortgages Limited. No impairment is recognised against this carrying amount at 30 November 2024.
5. Share Capital
30 November 2024
£
Allotted, Called up and fully paid 4,500,000
6. Post Balance Sheet Events
Subsequent to the balance sheet date, in December 2024, the company’s ownership was sold. This is a non-adjusting event after the reporting date; no changes to the amounts recognised at 30 November 2024 are required.
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7. Related Party Transactions
During the period the company entered into the following transactions with related parties under common control as part of a wider group reorganisation:
 - Purchase of Radcliffe and Newlands Mortgages Limited
The company acquired Radcliffe and Newlands Mortgages Limited for £100,000. This company is now a wholly owned subsidiary of Radcliffe and Newlands Holding One Limited.
 - Purchase of Radcliffe and Newlands Wealth Limited
The company purchased Radcliffe and Newlands Wealth Limited from Radcliffe and Newlands Limited for £101,000. The investment in Radcliffe and Newlands Wealth Limited was fully written down in the period.
 - Intercompany loan arrangements with Radcliffe and Newlands Limited
Amounts arising on reorganisation with Radcliffe and Newlands Limited, including intercompany loan balances, were written off in aggregate amounting to £201,000 during the period. No balances with Radcliffe and Newlands Limited were outstanding at 30 November 2024.
 - No other related parties
There were no transactions in the period with Radcliffe and Newlands Two Limited that require disclosure.
Exemption for wholly-owned subsidiary:
In accordance with FRS 102.33.1A, the company is exempt from disclosing transactions with wholly owned subsidiaries.
8. Ultimate Controlling Party
At 30 November 2024 the immediate parent undertaking was the individual shareholders of the company. Subsequent to the period end, control passed to Pivotal Limited following its acquisition of the entire issued share capital in December 2024.
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