2024-05-01 2025-04-30 2025-04-30 false 12326023 THE RESIDEN LTD 2026-07-09 false iso4217:GBP xbrli:pure 12326023 2024-04-30 12326023 2025-04-30 12326023 2024-05-01 2025-04-30 12326023 2022-10-31 12326023 2024-04-30 12326023 2022-11-01 2024-04-30 12326023 bus:SmallEntities 2024-05-01 2025-04-30 12326023 bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 12326023 bus:FullAccounts 2024-05-01 2025-04-30 12326023 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 12326023 core:WithinOneYear 2025-04-30 12326023 core:AfterOneYear 2025-04-30 12326023 core:WithinOneYear 2024-04-30 12326023 core:AfterOneYear 2024-04-30 12326023 core:ShareCapital 2025-04-30 12326023 core:SharePremium 2025-04-30 12326023 core:RevaluationReserve 2025-04-30 12326023 core:OtherReservesSubtotal 2025-04-30 12326023 core:RetainedEarningsAccumulatedLosses 2025-04-30 12326023 core:ShareCapital 2024-04-30 12326023 core:SharePremium 2024-04-30 12326023 core:RevaluationReserve 2024-04-30 12326023 core:OtherReservesSubtotal 2024-04-30 12326023 core:RetainedEarningsAccumulatedLosses 2024-04-30 12326023 core:LandBuildings 2025-04-30 12326023 core:PlantMachinery 2025-04-30 12326023 core:Vehicles 2025-04-30 12326023 core:FurnitureFittings 2025-04-30 12326023 core:OfficeEquipment 2025-04-30 12326023 core:NetGoodwill 2025-04-30 12326023 core:IntangibleAssetsOtherThanGoodwill 2025-04-30 12326023 core:ListedExchangeTraded 2025-04-30 12326023 core:UnlistedNon-exchangeTraded 2025-04-30 12326023 core:LandBuildings 2024-04-30 12326023 core:PlantMachinery 2024-04-30 12326023 core:Vehicles 2024-04-30 12326023 core:FurnitureFittings 2024-04-30 12326023 core:OfficeEquipment 2024-04-30 12326023 core:NetGoodwill 2024-04-30 12326023 core:IntangibleAssetsOtherThanGoodwill 2024-04-30 12326023 core:ListedExchangeTraded 2024-04-30 12326023 core:UnlistedNon-exchangeTraded 2024-04-30 12326023 core:LandBuildings 2024-05-01 2025-04-30 12326023 core:PlantMachinery 2024-05-01 2025-04-30 12326023 core:Vehicles 2024-05-01 2025-04-30 12326023 core:FurnitureFittings 2024-05-01 2025-04-30 12326023 core:OfficeEquipment 2024-05-01 2025-04-30 12326023 core:NetGoodwill 2024-05-01 2025-04-30 12326023 core:IntangibleAssetsOtherThanGoodwill 2024-05-01 2025-04-30 12326023 core:ListedExchangeTraded 2024-05-01 2025-04-30 12326023 core:UnlistedNon-exchangeTraded 2024-05-01 2025-04-30 12326023 core:MoreThanFiveYears 2024-05-01 2025-04-30 12326023 core:Non-currentFinancialInstruments 2025-04-30 12326023 core:Non-currentFinancialInstruments 2024-04-30 12326023 dpl:CostSales 2024-05-01 2025-04-30 12326023 dpl:DistributionCosts 2024-05-01 2025-04-30 12326023 core:LandBuildings 2024-05-01 2025-04-30 12326023 core:PlantMachinery 2024-05-01 2025-04-30 12326023 core:Vehicles 2024-05-01 2025-04-30 12326023 core:FurnitureFittings 2024-05-01 2025-04-30 12326023 core:OfficeEquipment 2024-05-01 2025-04-30 12326023 dpl:AdministrativeExpenses 2024-05-01 2025-04-30 12326023 core:NetGoodwill 2024-05-01 2025-04-30 12326023 core:IntangibleAssetsOtherThanGoodwill 2024-05-01 2025-04-30 12326023 dpl:GroupUndertakings 2024-05-01 2025-04-30 12326023 dpl:ParticipatingInterests 2024-05-01 2025-04-30 12326023 dpl:GroupUndertakings core:ListedExchangeTraded 2024-05-01 2025-04-30 12326023 core:ListedExchangeTraded 2024-05-01 2025-04-30 12326023 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-05-01 2025-04-30 12326023 core:UnlistedNon-exchangeTraded 2024-05-01 2025-04-30 12326023 dpl:CostSales 2022-11-01 2024-04-30 12326023 dpl:DistributionCosts 2022-11-01 2024-04-30 12326023 core:LandBuildings 2022-11-01 2024-04-30 12326023 core:PlantMachinery 2022-11-01 2024-04-30 12326023 core:Vehicles 2022-11-01 2024-04-30 12326023 core:FurnitureFittings 2022-11-01 2024-04-30 12326023 core:OfficeEquipment 2022-11-01 2024-04-30 12326023 dpl:AdministrativeExpenses 2022-11-01 2024-04-30 12326023 core:NetGoodwill 2022-11-01 2024-04-30 12326023 core:IntangibleAssetsOtherThanGoodwill 2022-11-01 2024-04-30 12326023 dpl:GroupUndertakings 2022-11-01 2024-04-30 12326023 dpl:ParticipatingInterests 2022-11-01 2024-04-30 12326023 dpl:GroupUndertakings core:ListedExchangeTraded 2022-11-01 2024-04-30 12326023 core:ListedExchangeTraded 2022-11-01 2024-04-30 12326023 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2022-11-01 2024-04-30 12326023 core:UnlistedNon-exchangeTraded 2022-11-01 2024-04-30 12326023 core:NetGoodwill 2025-04-30 12326023 core:IntangibleAssetsOtherThanGoodwill 2025-04-30 12326023 core:LandBuildings 2025-04-30 12326023 core:PlantMachinery 2025-04-30 12326023 core:Vehicles 2025-04-30 12326023 core:FurnitureFittings 2025-04-30 12326023 core:OfficeEquipment 2025-04-30 12326023 core:AfterOneYear 2025-04-30 12326023 core:WithinOneYear 2025-04-30 12326023 core:ListedExchangeTraded 2025-04-30 12326023 core:UnlistedNon-exchangeTraded 2025-04-30 12326023 core:ShareCapital 2025-04-30 12326023 core:SharePremium 2025-04-30 12326023 core:RevaluationReserve 2025-04-30 12326023 core:OtherReservesSubtotal 2025-04-30 12326023 core:RetainedEarningsAccumulatedLosses 2025-04-30 12326023 core:NetGoodwill 2024-04-30 12326023 core:IntangibleAssetsOtherThanGoodwill 2024-04-30 12326023 core:LandBuildings 2024-04-30 12326023 core:PlantMachinery 2024-04-30 12326023 core:Vehicles 2024-04-30 12326023 core:FurnitureFittings 2024-04-30 12326023 core:OfficeEquipment 2024-04-30 12326023 core:AfterOneYear 2024-04-30 12326023 core:WithinOneYear 2024-04-30 12326023 core:ListedExchangeTraded 2024-04-30 12326023 core:UnlistedNon-exchangeTraded 2024-04-30 12326023 core:ShareCapital 2024-04-30 12326023 core:SharePremium 2024-04-30 12326023 core:RevaluationReserve 2024-04-30 12326023 core:OtherReservesSubtotal 2024-04-30 12326023 core:RetainedEarningsAccumulatedLosses 2024-04-30 12326023 core:NetGoodwill 2022-10-31 12326023 core:IntangibleAssetsOtherThanGoodwill 2022-10-31 12326023 core:LandBuildings 2022-10-31 12326023 core:PlantMachinery 2022-10-31 12326023 core:Vehicles 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THE RESIDEN LTD

Registered Number
12326023
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2025

THE RESIDEN LTD
Company Information
for the year from 1 May 2024 to 30 April 2025

Director | Mr D A Shetty

Registered Address | New Burlington House
| 1075 Finchley Road
| London
| NW11 0PU

Registered Number | 12326023 (England and Wales)

THE RESIDEN LTD
Balance Sheet as at
30 April 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 3 |  |  | - |  |  |  | 1,124
|  |  |  | - |  |  |  | 1,124
Current assets |  |  |  |  |  |  |  |
Debtors | 4 | 1,493,817 |  |  |  | 899,575 |  |
Cash at bank and on hand |  | 20,760 |  |  |  | 148,125 |  |
|  | 1,514,577 |  |  |  | 1,047,700 |  |
Creditors amounts falling due within one year | 5 | (535,653) |  |  |  | (491,922) |  |
Net current assets (liabilities) |  |  |  | 978,924 |  |  |  | 555,778
Total assets less current liabilities |  |  |  | 978,924 |  |  |  | 556,902
Creditors amounts falling due after one year | 6 |  |  | (1,773) |  |  |  | (12,234)
Net assets |  |  |  | 977,151 |  |  |  | 544,668
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 1 |  |  |  | 1
Profit and loss account |  |  |  | 977,150 |  |  |  | 544,667
Shareholders' funds |  |  |  | 977,151 |  |  |  | 544,668

- The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 9 July 2026, and are signed on its behalf by:
Mr D A Shetty Director Registered Company No. 12326023

THE RESIDEN LTD
Notes to the Financial Statements
for the year ended 30 April 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares, registered in England and Wales. The address of the registered office is New Burlington House, 1075 Finchley Road, London, NW11 0PU.

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

| 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.

| Functional and presentation currency
--- | ---
| The financial statements are presented in sterling and this is the functional currency of the company.

| Going concern
--- | ---
| The financial statements have been prepared in accordance with the accounting principles applicable to a going concern.

| Judgements and key sources of estimation uncertainty
--- | ---
| In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The director does not consider there are any critical judgements or sources of estimation uncertainty requiring disclosure beyond the accounting policies listed below.

| Turnover policy
--- | ---
| Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

| Current taxation
--- | ---
| The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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.

| Tangible fixed assets and depreciation
--- | ---
| Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

|  | Straight line (years)
| Fixtures and fittings | 5

| Impairment of non-financial assets policy
--- | ---
| 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
--- | ---
| A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 2 |  | 2

3. | Tangible fixed assets
--- | ---

|  | Fixtures & fittings |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 May 24 | 5,184 |  | 5,184
| Disposals | (5,184) |  | (5,184)
| Depreciation and impairment
| At 01 May 24 | 4,060 |  | 4,060
| Charge for year | 1,124 |  | 1,124
| On disposals | (5,184) |  | (5,184)
| Net book value
| At 30 April 25 | - |  | -
| At 30 April 24 | 1,124 |  | 1,124

4. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Amounts owed by group undertakings | 1,264,436 |  | 865,286
| Other debtors | 229,381 |  | 34,289
| Total | 1,493,817 |  | 899,575

| Other debtors include £43,589 (2024: £34,288) due from companies with a director in common with this company.

5. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 92,304 |  | 20,053
| Bank borrowings and overdrafts | 10,461 |  | 10,205
| Amounts owed to related parties | 405,000 |  | 405,000
| Taxation and social security | 260 |  | 5,143
| Other creditors | 27,628 |  | 51,521
| Total | 535,653 |  | 491,922

| Included within creditors is £4,500 (2024: £44,990) due to the director of the company.

6. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 1,773 |  | 12,234
| Total | 1,773 |  | 12,234

7. | Related party transactions
--- | ---
| The company has taken advantage of the exemptions conferred by FRS 102 Section 1A and has not disclosed details of transactions with group member undertakings.

8. | Controlling party
--- | ---
| The parent company is Groveworld (Chenies Street) Lettings Limited, a company incorporated in England and Wales. The address of the registered office of Groveworld (Chenies Street) Lettings Limited is New Burlington House, 1075 Finchley Road, London, NW11 0PU. The ultimate controlling party is Bretchly Investments Limited, a company incorporated and registered in Gibraltar. The registered address of Bretchly Investments Limited is 57/63 Line Wall Road, Gibraltar.