ACCOUNTS - Final Accounts preparation

Registered number: 15094581

RLDG TRADINGCO LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

RLDG TRADINGCO LIMITED

REGISTERED NUMBER: 15094581

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		671		-
			671		-
Current assets
Debtors: amounts falling due within one year	5	36,156		20,971
Cash at bank and in hand	6	102,042		1,536
		138,198		22,507
Creditors: amounts falling due within one year	7	(140,064)		(171,423)
Net current liabilities			(1,866)		(148,916)
Total assets less current liabilities			(1,195)		(148,916)

Net liabilities			(1,195)		(148,916)

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		(1,295)	(149,016)
		(1,195)	(148,916)

Page 1

RLDG TRADINGCO LIMITED

REGISTERED NUMBER: 15094581

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 October 2026.

N J Watzenig

Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

RLDG TRADINGCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

RLDG TradingCo Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office if 124 Finchley Road, London, NW3 5JS, England, United Kingdom.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The Company returned to profitability in the year, generating a profit after tax of £147,721 (2024: loss of £149,016). At 31 December 2025 the Company had net liabilities of £1,195 (2024: £148,916) and net current liabilities of £1,866 (2024: £148,916), including cash at bank of £102,042 (2024: £1,536).

The director has considered the continued availability of that income, together with the Company's forecast trading and cash flows, for a period of not less than twelve months from the date of approval of these financial statements. On that basis the director has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly the financial statements have been prepared on the going concern basis.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

RLDG TRADINGCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Revenue

The principal activity of the Company is to provide interior design, procurement and logistics services to businesses across Europe.

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

RLDG TRADINGCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.7

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment

33%

Straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.10

Creditors

Short-term creditors are measured at the transaction price.

Employees

The average monthly number of employees, including directors, during the year was 12 (2024 - 5).

Page 5

RLDG TRADINGCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

4.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	Additions	833
	At 31 December 2025	833
	Depreciation
	Charge for the year on owned assets	162
	At 31 December 2025	162
	Net book value
	At 31 December 2025	671
	At 31 December 2024	-

Debtors

					2025	2024
					£	£


Trade debtors	-	13,088
Amounts owed by group undertakings	25,225	-
Other debtors	9,820	100
Prepayments and accrued income	1,111	7,783
	36,156	20,971

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	102,042	1,536
	102,042	1,536

Page 6

RLDG TRADINGCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Accounts Payable	72,699	26,865
Corporation tax	1,417	-
Social security and other taxation	12,148	57,815
Other creditors	50,000	12,110
Accruals and deferred income	3,800	74,633
	140,064	171,423

8.	Share capital
		2025	2024
		£	£

Authorised, allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.0 each	100	100

9.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £10,538 (2024 - £5,878). At the reporting date, employer contributions of £Nil (2024 - £12,110) were outstanding and are included within creditors.

Page 7

RLDG TRADINGCO LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

10.

Related party transactions

During the year the Company entered into the following transactions with companies of which N J Watzenig is also a director.

The Company provided design and procurement services to NM Five Group Limited of £10,257 (2024: £5,130), being invoices raised of £92,104 less credit notes of £81,847, and purchased goods and services from that company of £542 (2024: £Nil). At the year end £50,868 (2024: £6,156 owed by the Company to RLDG) was owed by the Company to NM Five Group Limited.

The Company provided aftercare services to NM Five Management France of £19,766 (2024: £Nil) and to NM Five Management Company Italy SRL of £1,055 (2024: £Nil). No amounts were outstanding with either company at the year end (2024: £Nil).

The Company incurred management charge costs paid to CW Corporate Services Limited of £50,000 (2024: £Nil). At the year end £50,000 (2024: £Nil) was owed by the Company to CW Corporate Services Limited.

In the prior year the Company provided design and procurement services to NM Five Renovations Limited FR of £47,322 and credited £18,071 to NM Five Renovations Limited. At 31 December 2024, £26,000 was owed by NM Five Renovations Limited FR and £26,000 was owed to NM Five Renovations Limited. No transactions took place with either company in the current year and no amounts were outstanding at 31 December 2025.

Amounts owed to and by related parties are unsecured, interest free and repayable on demand.

Page 8