RDGL Investments Limited 31/12/2024 iXBRL

Company registration number: 12500255

RDGL Investments Limited

Unaudited filleted financial statements

for the year ended

31 December 2024

Prepared by:

THOMAS NOCK MARTIN LIMITED

CHARTERED ACCOUNTANTS

BRIERLEY HILL

RDGL Investments Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

RDGL Investments Limited

Directors and other information


Directors	Graham Turner
	Louise Turner	(Appointed 23 October 2023)


Company number	12500255


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 Investments Limited

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

unaudited statutory financial statements of RDGL Investments 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 Investments 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 Investments Limited, as a body, in accordance with the terms of our engagement letter dated 24 May 2021. Our work has been undertaken solely to prepare for your approval the financial statements of RDGL Investments Limited and state those matters that we have agreed to state to the board of directors of RDGL Investments 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 Investments Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that RDGL Investments 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 profit of RDGL Investments Limited. You consider that RDGL Investments 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 Investments 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 Investments Limited

Statement of financial position

31 December 2024

		31/12/24		31/08/23
	Note	£	£	£	£

Fixed assets
Investments	4	1,556,016		459,664
		_________		_________
			1,556,016		459,664

Current assets
Debtors	5	25,000		-
Cash at bank and in hand		28,174		8,932
		_________		_______
		53,174		8,932
Creditors: amounts falling due
within one year	6	( 1,067,071)		( 527,685)
		_________		_______
Net current liabilities			( 1,013,897)		( 518,753)
			_________		_______
Net assets/(liabilities)			542,119		( 59,089)
			_________		_______

Capital and reserves
Called up share capital	7		1		1
Profit and loss account			542,118		( 59,090)
			_________		_______
Shareholders funds/(deficit)			542,119		( 59,089)
			_________		_______

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: 12500255

RDGL Investments 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.

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. Investments

	Other investments other than loans	Total
	£	£
Cost
At 1 September 2023	459,664	459,664
Additions	1,384,240	1,384,240
Disposals	( 382,661)	( 382,661)
Fair value adjustment	94,773	94,773
	_________	_________
At 31 December 2024	1,556,016	1,556,016
	_________	_________
Impairment
At 1 September 2023 and 31 December 2024	-	-
	_________	_________
Carrying amount
At 31 December 2024	1,556,016	1,556,016
	_________	_________
At 31 August 2023	459,664	459,664
	_________	_________

5. Debtors

	31/12/24	31/08/23
	£	£

Other debtors	25,000	-
	_______	_______

6. Creditors: amounts falling due within one year

	31/12/24	31/08/23
	£	£

Trade creditors	-	1,770
Other creditors	1,067,071	525,915
	_________	_______
	1,067,071	527,685
	_________	_______

7. Called up share capital

Issued, called up and fully paid

	31/12/24		31/08/23
	No	£	No	£

Ordinary shares shares of £ 1.00 each	1	1	1	1
	_______	_______	_______	_______

8. Related party transactions

During the period, the company was forgiven a loan owed to RDGL Holdings Limited of £568,247.

9. Controlling party

RDGL Investment Holdings Limited , the ultimate parent company, controls the company by virtue of a controlling interest of 100% of the issued ordinary share capital.The registered office of RDGL Investment Holdings Limited is:5 Hagley Court SouthLevel StreetBrierley HillWest MidlandsDY5 1XE