ACCOUNTS - Final Accounts preparation

Caseware UK (AP4) 2021.0.152 2021.0.152 2021-10-312021-10-311No description of principal activity2020-10-13falsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12947637 2020-10-12 12947637 2020-10-13 2021-10-31 12947637 2019-11-01 2020-10-12 12947637 2021-10-31 12947637 c:Director1 2020-10-13 2021-10-31 12947637 d:FreeholdInvestmentProperty 2020-10-13 2021-10-31 12947637 d:FreeholdInvestmentProperty 2021-10-31 12947637 d:CurrentFinancialInstruments 2021-10-31 12947637 d:CurrentFinancialInstruments d:WithinOneYear 2021-10-31 12947637 d:ShareCapital 2021-10-31 12947637 d:RetainedEarningsAccumulatedLosses 2021-10-31 12947637 c:OrdinaryShareClass1 2020-10-13 2021-10-31 12947637 c:OrdinaryShareClass1 2021-10-31 12947637 c:FRS102 2020-10-13 2021-10-31 12947637 c:AuditExempt-NoAccountantsReport 2020-10-13 2021-10-31 12947637 c:FullAccounts 2020-10-13 2021-10-31 12947637 c:PrivateLimitedCompanyLtd 2020-10-13 2021-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12947637

RDF HQ LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 OCTOBER 2021

RDF HQ LTD

REGISTERED NUMBER: 12947637

BALANCE SHEET

AS AT 31 OCTOBER 2021

		2021
Note		£

Fixed assets
Investment property	4		1,970,067
			1,970,067
Current assets
Debtors: amounts falling due within one year	5	17,000
Cash at bank and in hand	6	24,119
		41,119
Creditors: amounts falling due within one year	7	(2,035,310)
Net current (liabilities)/assets			(1,994,191)
Total assets less current liabilities			(24,124)

Net (liabilities)/assets			(24,124)

Capital and reserves
Called up share capital	8	100
Profit and loss account		(24,224)
		(24,124)

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RDF HQ LTD

REGISTERED NUMBER: 12947637

BALANCE SHEET (CONTINUED)

AS AT 31 OCTOBER 2021

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 period 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 by:

................................................

M Charlesworth

Director

Date: 20 June 2022

The notes on pages 3 to 5 form part of these financial statements.

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RDF HQ LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2021

1.	General information

RDF HQ Ltd a private company, limited by shares. The company is incorporated in England and Wales and the address of the registered office is Unit 200-202 Curtain House, 134-136 Curtain Road, London EC2A 3AR . The company registered number is 12947637.

The financial statements are presented in Sterling (£), rounded to nearest £1.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly they continue to adopt the going concern basis in preparing the financial statements.

2.3

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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RDF HQ LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2021

2.Accounting policies (continued)

2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Employees

The average monthly number of employees, including directors, during the period was 1.

4.	Investment property

		Freehold investment property
		£
	Valuation
	Additions at cost	1,970,067
	At 31 October 2021	1,970,067

The 2021 valuations were made by the director on an open market value for existing use basis.

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RDF HQ LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2021

Debtors

					2021
					£


	Other debtors	17,000
		17,000

6.	Cash and cash equivalents
		2021
		£

	Cash at bank and in hand	24,119
		24,119

7.	Creditors: Amounts falling due within one year
		2021
		£

	Other creditors	2,032,810
	Accruals and deferred income	2,500
		2,035,310

8.	Share capital
		2021
		£

		Allotted, called up and fully paid

		100 Ordinary shares of £1.00 each	100

On incorporation 100 ordinary shares of £1 each were issued at par to create the initial capital base of the company.

9.	Related party transactions
	Included in creditors an amount of £2,032,810 owed to Sound Advertising Limited, a company with a common director. Debtors of £17,000 are owed by WSBM Limited, a company with common director.

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RDF HQ LTD

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