ACCOUNTS - Final Accounts

Caseware UK (AP4) 2022.0.179 2022.0.179 2022-04-302022-04-30true2021-05-01false33trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02730266 2021-05-01 2022-04-30 02730266 2020-05-01 2021-04-30 02730266 2022-04-30 02730266 2021-04-30 02730266 c:Director2 2021-05-01 2022-04-30 02730266 d:CurrentFinancialInstruments 2022-04-30 02730266 d:CurrentFinancialInstruments 2021-04-30 02730266 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 02730266 d:CurrentFinancialInstruments d:WithinOneYear 2021-04-30 02730266 d:ShareCapital 2022-04-30 02730266 d:ShareCapital 2021-04-30 02730266 d:RetainedEarningsAccumulatedLosses 2022-04-30 02730266 d:RetainedEarningsAccumulatedLosses 2021-04-30 02730266 c:FRS102 2021-05-01 2022-04-30 02730266 c:AuditExempt-NoAccountantsReport 2021-05-01 2022-04-30 02730266 c:FullAccounts 2021-05-01 2022-04-30 02730266 c:PrivateLimitedCompanyLtd 2021-05-01 2022-04-30 02730266 6 2021-05-01 2022-04-30 iso4217:GBP xbrli:pure

Registered number: 02730266

REDMAZE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2022

REDMAZE LIMITED

REGISTERED NUMBER: 02730266

BALANCE SHEET

AS AT 30 APRIL 2022

		2022		2021
Note		£		£

Fixed assets
Investments	4		461,110		721,781
			461,110		721,781
Current assets
Debtors: amounts falling due within one year	5	6		6
		6		6
Creditors: amounts falling due within one year	6	(721,781)		(721,781)
Net current liabilities			(721,775)		(721,775)
Total assets less current liabilities			(260,665)		6

Net (liabilities)/assets			(260,665)		6

Capital and reserves
Called up share capital	6	6
Profit and loss account	(260,671)	-
	(260,665)	6

The directors consider 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 directors acknowledge their 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 profit and loss account 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:

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

Paul Wiseman

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REDMAZE LIMITED

REGISTERED NUMBER: 02730266

BALANCE SHEET (CONTINUED)

AS AT 30 APRIL 2022

Director

Date: 27 April 2023

The notes on pages 3 to 4 form part of these financial statements.

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REDMAZE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2022

1.	General information

Redmaze Limited is a private company limited by shares, and is incorporated in England and Wales. The address of the registered office is 14th Floor, 33 Cavendish Square, London, W1G 0PW.
The company was dormant during the current and previous year.

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 company is the parent undertaking of a small group and as such not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

The following principal accounting policies have been applied:

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.3

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.

2.4

Creditors

Short-term creditors are measured at the transaction price.

2.5

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.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Employees

The average monthly number of employees, including directors, during the year was 3 (2021 - 3).

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REDMAZE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2022

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	At 1 May 2021	721,781
	At 30 April 2022	721,781
	Impairment
	Charge for the period	260,671
	At 30 April 2022	260,671
	Net book value
	At 30 April 2022	461,110
	At 30 April 2021	721,781

Debtors

					2022	2021
					£	£


Other debtors	6	6

6.	Creditors: Amounts falling due within one year
		2022	2021
		£	£

	Amounts owed to group undertakings	721,781	721,781

7.	Related party transactions
	At the balance sheet date an amount of £721,781 (2021: £721,781) was owed from the company to a subsidiary undertaking. The loan is interest free and there are no specific terms of repayment.

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