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Registered number: 13160017
RND Investments Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2025
Hive Accountancy Ltd
The Innovation Centre
Treliske
Truro
Cornwall
TR1 3FF
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 13160017
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 61,753 -
Investments 5 162,254 162,254
224,007 162,254
CURRENT ASSETS
Debtors 6 63,017 -
Cash at bank and in hand 2,161 54,001
65,178 54,001
Creditors: Amounts Falling Due Within One Year (54,551 ) (65,341 )
NET CURRENT ASSETS (LIABILITIES) 10,627 (11,340 )
TOTAL ASSETS LESS CURRENT LIABILITIES 234,634 150,914
Creditors: Amounts Falling Due After More Than One Year (63,075 ) (50,400 )
NET ASSETS 171,559 100,514
CAPITAL AND RESERVES
Called up share capital 7 200 200
Revaluation reserve 8 14,562 -
Profit and Loss Account 156,797 100,314
SHAREHOLDERS' FUNDS 171,559 100,514
Page 1
Page 2
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 January 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr D J Fine
Director
24 September 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
RND Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13160017 . The registered office is 4 Parkvedras Terrace, Truro, Cornwall, TR1 3DF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
2.2. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are cryptocurrencies which have been measured at their fair value.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.4. Investments
Investments represent shares in unlisted entities and are held at cost.
3. Average Number of Employees
Average number of employees during the year was as follows: NIL (2024: NIL)
- -
4. Intangible Assets
Total
£
Cost or Valuation
As at 1 February 2024 -
Additions 57,711
Revaluations 14,562
As at 31 January 2025 72,273
Amortisation
As at 1 February 2024 -
Impairment losses 10,520
As at 31 January 2025 10,520
...CONTINUED
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Page 4
Net Book Value
As at 31 January 2025 61,753
As at 1 February 2024 -
The original cost of the assets acquired was £57,711.
5. Investments
Total
£
Cost
As at 1 February 2024 162,254
As at 31 January 2025 162,254
Provision
As at 1 February 2024 -
As at 31 January 2025 -
Net Book Value
As at 31 January 2025 162,254
As at 1 February 2024 162,254
6. Debtors
2025 2024
£ £
Due after more than one year
Other debtors 63,000 -
Deferred tax current asset 17 -
63,017 -
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
8. Reserves
Revaluation Reserve
£
Surplus on revaluation 14,562
As at 31 January 2025 14,562
9. Post Balance Sheet Events
Shortly after the year-end, the company disposed of some intangible assets at a loss. These assets have been revalued in the accounts and are shown at their fair value at the year-end.
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