RDGL Holdings Limited 31/12/2024 iXBRL

Company registration number: 12500130

RDGL Holdings Limited

Unaudited filleted financial statements

for the period ended

31 December 2024

Prepared by:

THOMAS NOCK MARTIN LIMITED

CHARTERED ACCOUNTANTS

BRIERLEY HILL

RDGL Holdings Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

RDGL Holdings Limited

Directors and other information


Directors	Graham Turner	(Appointed 5 March 2020)
	Louise Turner	(Appointed 5 August 2022)


Company number	12500130


Registered office	5 Hagley Court South
	The Waterfront
	Brierley Hill
	West Midlands
	DY5 1XE


Business address	25 Sandy Road
	Norton
	Stourbridge
	West Midlands
	DY8 3AJ


Accountants	Thomas Nock Martin Limited
	5 Hagley Court South
	The Waterfront
	Brierley Hill
	West Midlands
	DY5 1XE

RDGL Holdings Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of RDGL Holdings Limited

Period ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of RDGL Holdings Limited for the period ended 31 December 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of RDGL Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 21 May 2021. Our work has been undertaken solely to prepare for your approval the financial statements of RDGL Holdings Limited and state those matters that we have agreed to state to the board of directors of RDGL Holdings Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RDGL Holdings Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that RDGL Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of RDGL Holdings Limited. You consider that RDGL Holdings Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of RDGL Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Thomas Nock Martin Limited

Chartered Accountants

5 Hagley Court South

The Waterfront

Brierley Hill

West Midlands

DY5 1XE

22 September 2025

RDGL Holdings Limited

Statement of financial position

31 December 2024

		31/12/24		31/08/23
	Note	£	£	£	£

Fixed assets
Investments	5	-		645
		_______		_______
			-		645

Current assets
Debtors	6	2,459		1,347,884
Cash at bank and in hand		91,610		279,527
		_________		_________
		94,069		1,627,411
Creditors: amounts falling due
within one year	7	( 7,129)		( 24,526)
		_______		_______
			_________		_________
Net assets			86,940		1,603,530
			_________		_________

Capital and reserves
Called up share capital	8		322		322
Profit and loss account			86,618		1,603,208
			_________		_________
Shareholders funds			86,940		1,603,530
			_________		_________

For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 22 September 2025 , and are signed on behalf of the board by:

Graham Turner

Director

Company registration number: 12500130

RDGL Holdings Limited

Notes to the financial statements

Period ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 5 Hagley Court South, The Waterfront, Brierley Hill, West Midlands, DY5 1XE.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade debtors and trade creditors, other debtors and creditors.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 2 (2023: 2 ).

5. Investments

	Shares in group undertakings	Total
	£	£
Cost
At 1 September 2023	645	645
Disposals	( 645)	( 645)
	_______	_______
At 31 December 2024	-	-
	_______	_______
Impairment
At 1 September 2023 and 31 December 2024	-	-
	_______	_______
Carrying amount
At 31 December 2024	-	-
	_______	_______
At 31 August 2023	645	645
	_______	_______

6. Debtors

	31/12/24	31/08/23
	£	£

Amounts owed by group undertakings	-	601
Other debtors	2,459	1,347,283
	_________	_________
	2,459	1,347,884
	_________	_________

The debtors above include the following amounts falling due after more than one year:

	31/12/24	31/08/23
	£	£

Other debtors	-	27,269
	_______	_______

7. Creditors: amounts falling due within one year

	31/12/24	31/08/23
	£	£

Trade creditors	-	74
Social security and other taxes	-	16,455
Other creditors	7,129	7,997
	_______	_______
	7,129	24,526
	_______	_______

8. Called up share capital

Issued, called up and fully paid

	31/12/24		31/08/23
	No	£	No	£

Ordinary A shares of £ 1.00 each	322	322	322	322
	_______	_______	_______	_______

9. Related party transactions

During the period, the company wrote off loans owed by RDGL Investments Limited of £568,247 and Gone Coastal Ltd of £765,589.

10. Controlling party

From the 11 January 2024, RDGL Group Limited controls the company by virtue of a controlling interest of 100% of the issued share capital.The registered office of RDGL Group Limited is:5 Hagley Court SouthLevel StreetBrierley HillWest MidlandsDY5 1XE