Realedge Associates Limited

REALEDGE ASSOCIATES LIMITED - Company Information

true true 1 February 2015 31 January 2016 31 January 2016 true false 07119449 true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07119449 2015-01-31 07119449 2016-01-31 07119449 2015-02-01 2016-01-31 07119449 uk-gaap:RestatedAmount 2015-01-31 07119449 uk-gaap:RestatedAmount 2016-01-31 07119449 uk-gaap:NetGoodwill 2015-01-31 07119449 uk-gaap:NetGoodwill 2016-01-31 07119449 uk-gaap:NetGoodwill 2015-02-01 2016-01-31 07119449 uk-gaap:OtherIntangibleFixedAssets 2015-02-01 2016-01-31 07119449 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-01-31 07119449 uk-gaap:IntangibleAssetsOtherThanGoodwill 2016-01-31 07119449 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-02-01 2016-01-31 07119449 uk-gaap:DevelopmentCosts 2015-01-31 07119449 uk-gaap:DevelopmentCosts 2016-01-31 07119449 uk-gaap:DevelopmentCosts 2015-02-01 2016-01-31 07119449 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-01-31 07119449 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-02-01 2016-01-31 07119449 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2016-01-31 07119449 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-02-01 2016-01-31 07119449 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-01-31 07119449 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2016-01-31 07119449 uk-gaap:PlantMachinery 2015-02-01 2016-01-31 07119449 uk-gaap:PlantMachinery 2015-01-31 07119449 uk-gaap:PlantMachinery 2016-01-31 07119449 uk-gaap:Vehicles 2015-02-01 2016-01-31 07119449 uk-gaap:Vehicles 2015-01-31 07119449 uk-gaap:Vehicles 2016-01-31 07119449 uk-gaap:FixturesFittings 2015-02-01 2016-01-31 07119449 uk-gaap:FixturesFittings 2015-01-31 07119449 uk-gaap:FixturesFittings 2016-01-31 07119449 uk-gaap:ComputerEquipment 2015-02-01 2016-01-31 07119449 uk-gaap:ComputerEquipment 2015-01-31 07119449 uk-gaap:ComputerEquipment 2016-01-31 07119449 uk-gaap:SharesListedFixedAssetInvestments 2015-01-31 07119449 uk-gaap:SharesListedFixedAssetInvestments 2015-02-01 2016-01-31 07119449 uk-gaap:SharesListedFixedAssetInvestments 2016-01-31 07119449 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-01-31 07119449 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-02-01 2016-01-31 07119449 uk-gaap:SharesUnlistedFixedAssetInvestments 2016-01-31 07119449 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-01-31 07119449 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-02-01 2016-01-31 07119449 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2016-01-31 07119449 uk-gaap:ProvisionsForBadDebts 2015-01-31 07119449 uk-gaap:ProvisionsForBadDebts 2015-02-01 2016-01-31 07119449 uk-gaap:ProvisionsForBadDebts 2016-01-31 07119449 uk-gaap:ProvisionsForDeferredTaxation 2015-01-31 07119449 uk-gaap:ProvisionsForDeferredTaxation 2015-02-01 2016-01-31 07119449 uk-gaap:ProvisionsForDeferredTaxation 2016-01-31 07119449 uk-gaap:OtherProvisions 2015-01-31 07119449 uk-gaap:OtherProvisions 2015-02-01 2016-01-31 07119449 uk-gaap:OtherProvisions 2016-01-31 07119449 uk-gaap:WithinOneYear 2015-01-31 07119449 uk-gaap:WithinOneYear 2015-02-01 2016-01-31 07119449 uk-gaap:WithinOneYear 2016-01-31 07119449 uk-gaap:AfterOneYear 2015-01-31 07119449 uk-gaap:AfterOneYear 2015-02-01 2016-01-31 07119449 uk-gaap:AfterOneYear 2016-01-31 07119449 uk-bus:AllOrdinaryShares 2016-01-31 07119449 uk-bus:AllOrdinaryShares 2015-01-31 07119449 uk-bus:OrdinaryShareClass1 2016-01-31 07119449 uk-bus:OrdinaryShareClass2 2016-01-31 07119449 uk-bus:OrdinaryShareClass3 2016-01-31 07119449 uk-bus:OrdinaryShareClass4 2016-01-31 07119449 uk-bus:OrdinaryShareClass5 2016-01-31 07119449 uk-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 07119449 uk-bus:OrdinaryShareClass2 2015-02-01 2016-01-31 07119449 uk-bus:OrdinaryShareClass3 2015-02-01 2016-01-31 07119449 uk-bus:OrdinaryShareClass4 2015-02-01 2016-01-31 07119449 uk-bus:OrdinaryShareClass5 2015-02-01 2016-01-31 07119449 uk-bus:PreferenceShareClass1 2016-01-31 07119449 uk-bus:PreferenceShareClass2 2016-01-31 07119449 uk-bus:PreferenceShareClass3 2016-01-31 07119449 uk-bus:PreferenceShareClass4 2016-01-31 07119449 uk-bus:PreferenceShareClass5 2016-01-31 07119449 uk-bus:PreferenceShareClass1 2015-02-01 2016-01-31 07119449 uk-bus:PreferenceShareClass2 2015-02-01 2016-01-31 07119449 uk-bus:PreferenceShareClass3 2015-02-01 2016-01-31 07119449 uk-bus:PreferenceShareClass4 2015-02-01 2016-01-31 07119449 uk-bus:PreferenceShareClass5 2015-02-01 2016-01-31 07119449 uk-bus:CompanySecretary 2015-02-01 2016-01-31 07119449 uk-bus:RegisteredOffice 2015-02-01 2016-01-31 07119449 uk-bus:EntityAccountantsOrAuditors 2015-02-01 2016-01-31 07119449 uk-bus:EntityAccountantsOrAuditors 2016-01-31 07119449 uk-bus:MainBusiness 2015-02-01 2016-01-31 07119449 uk-bus:EntityBankers 2015-02-01 2016-01-31 07119449 uk-bus:EntityLawyersOrLegalAdvisers 2015-02-01 2016-01-31 07119449 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2015-02-01 2016-01-31 07119449 uk-bus:HighestPaidDirector 2015-02-01 2016-01-31 07119449 uk-bus:HighestPaidDirector 2016-01-31 07119449 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-02-01 2016-01-31 07119449 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-02-01 2016-01-31 07119449 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2015-02-01 2016-01-31 07119449 uk-bus:AllEntityOfficers 2015-02-01 2016-01-31 07119449 uk-gaap:InvestmentProperties 2015-01-31 07119449 uk-gaap:InvestmentProperties 2015-02-01 2016-01-31 07119449 uk-gaap:InvestmentProperties 2016-01-31 07119449 uk-gaap:IntellectualProperty 2015-02-01 2016-01-31 07119449 uk-gaap:IntellectualProperty 2015-01-31 07119449 uk-gaap:IntellectualProperty 2016-01-31 07119449 uk-countries:UnitedKingdom 2015-02-01 2016-01-31 07119449 uk-countries:Europe 2015-02-01 2016-01-31 07119449 uk-countries:NorthAmerica 2015-02-01 2016-01-31 07119449 uk-countries:SouthAmerica 2015-02-01 2016-01-31 07119449 uk-countries:Asia 2015-02-01 2016-01-31 07119449 uk-countries:RestWorldOutsideUK 2015-02-01 2016-01-31 07119449 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-02-01 2016-01-31 07119449 uk-gaap:LeasedTangibleFixedAssets 2015-02-01 2016-01-31 07119449 uk-gaap:AllSubsidiaries 2015-02-01 2016-01-31 07119449 uk-gaap:AllAssociates 2015-02-01 2016-01-31 07119449 dpl-gaap:CostSales 2015-01-31 07119449 dpl-gaap:CostSales 2016-01-31 07119449 dpl-gaap:CostSales 2015-02-01 2016-01-31 07119449 dpl-gaap:DistributionCosts 2015-02-01 2016-01-31 07119449 dpl-gaap:AdministrativeExpenses 2015-02-01 2016-01-31 07119449 uk-bus:Director1 2015-02-01 2016-01-31 07119449 uk-bus:Director1 2016-01-31 07119449 uk-bus:Director2 2015-02-01 2016-01-31 07119449 uk-bus:Director2 2016-01-31 07119449 2014-01-31 07119449 2015-01-31 07119449 2014-02-01 2015-01-31 07119449 uk-gaap:RestatedAmount 2014-01-31 07119449 uk-gaap:RestatedAmount 2015-01-31 07119449 uk-gaap:NetGoodwill 2014-01-31 07119449 uk-gaap:NetGoodwill 2015-01-31 07119449 uk-gaap:NetGoodwill 2014-02-01 2015-01-31 07119449 uk-gaap:OtherIntangibleFixedAssets 2014-02-01 2015-01-31 07119449 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-01-31 07119449 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-01-31 07119449 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-02-01 2015-01-31 07119449 uk-gaap:DevelopmentCosts 2014-01-31 07119449 uk-gaap:DevelopmentCosts 2015-01-31 07119449 uk-gaap:DevelopmentCosts 2014-02-01 2015-01-31 07119449 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-01-31 07119449 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-02-01 2015-01-31 07119449 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-01-31 07119449 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-02-01 2015-01-31 07119449 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-01-31 07119449 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-01-31 07119449 uk-gaap:PlantMachinery 2014-02-01 2015-01-31 07119449 uk-gaap:PlantMachinery 2014-01-31 07119449 uk-gaap:PlantMachinery 2015-01-31 07119449 uk-gaap:Vehicles 2014-02-01 2015-01-31 07119449 uk-gaap:Vehicles 2014-01-31 07119449 uk-gaap:Vehicles 2015-01-31 07119449 uk-gaap:FixturesFittings 2014-02-01 2015-01-31 07119449 uk-gaap:FixturesFittings 2014-01-31 07119449 uk-gaap:FixturesFittings 2015-01-31 07119449 uk-gaap:ComputerEquipment 2014-02-01 2015-01-31 07119449 uk-gaap:ComputerEquipment 2014-01-31 07119449 uk-gaap:ComputerEquipment 2015-01-31 07119449 uk-gaap:SharesListedFixedAssetInvestments 2014-01-31 07119449 uk-gaap:SharesListedFixedAssetInvestments 2014-02-01 2015-01-31 07119449 uk-gaap:SharesListedFixedAssetInvestments 2015-01-31 07119449 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-01-31 07119449 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-02-01 2015-01-31 07119449 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-01-31 07119449 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-01-31 07119449 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-02-01 2015-01-31 07119449 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-01-31 07119449 uk-gaap:ProvisionsForBadDebts 2014-01-31 07119449 uk-gaap:ProvisionsForBadDebts 2014-02-01 2015-01-31 07119449 uk-gaap:ProvisionsForBadDebts 2015-01-31 07119449 uk-gaap:ProvisionsForDeferredTaxation 2014-01-31 07119449 uk-gaap:ProvisionsForDeferredTaxation 2014-02-01 2015-01-31 07119449 uk-gaap:ProvisionsForDeferredTaxation 2015-01-31 07119449 uk-gaap:OtherProvisions 2014-01-31 07119449 uk-gaap:OtherProvisions 2014-02-01 2015-01-31 07119449 uk-gaap:OtherProvisions 2015-01-31 07119449 uk-gaap:WithinOneYear 2014-01-31 07119449 uk-gaap:WithinOneYear 2014-02-01 2015-01-31 07119449 uk-gaap:WithinOneYear 2015-01-31 07119449 uk-gaap:AfterOneYear 2014-01-31 07119449 uk-gaap:AfterOneYear 2014-02-01 2015-01-31 07119449 uk-gaap:AfterOneYear 2015-01-31 07119449 uk-bus:AllOrdinaryShares 2015-01-31 07119449 uk-bus:AllOrdinaryShares 2014-01-31 07119449 uk-bus:OrdinaryShareClass1 2015-01-31 07119449 uk-bus:OrdinaryShareClass2 2015-01-31 07119449 uk-bus:OrdinaryShareClass3 2015-01-31 07119449 uk-bus:OrdinaryShareClass4 2015-01-31 07119449 uk-bus:OrdinaryShareClass5 2015-01-31 07119449 uk-bus:OrdinaryShareClass1 2014-02-01 2015-01-31 07119449 uk-bus:OrdinaryShareClass2 2014-02-01 2015-01-31 07119449 uk-bus:OrdinaryShareClass3 2014-02-01 2015-01-31 07119449 uk-bus:OrdinaryShareClass4 2014-02-01 2015-01-31 07119449 uk-bus:OrdinaryShareClass5 2014-02-01 2015-01-31 07119449 uk-bus:PreferenceShareClass1 2015-01-31 07119449 uk-bus:PreferenceShareClass2 2015-01-31 07119449 uk-bus:PreferenceShareClass3 2015-01-31 07119449 uk-bus:PreferenceShareClass4 2015-01-31 07119449 uk-bus:PreferenceShareClass5 2015-01-31 07119449 uk-bus:PreferenceShareClass1 2014-02-01 2015-01-31 07119449 uk-bus:PreferenceShareClass2 2014-02-01 2015-01-31 07119449 uk-bus:PreferenceShareClass3 2014-02-01 2015-01-31 07119449 uk-bus:PreferenceShareClass4 2014-02-01 2015-01-31 07119449 uk-bus:PreferenceShareClass5 2014-02-01 2015-01-31 07119449 uk-bus:CompanySecretary 2014-02-01 2015-01-31 07119449 uk-bus:RegisteredOffice 2014-02-01 2015-01-31 07119449 uk-bus:EntityAccountantsOrAuditors 2014-02-01 2015-01-31 07119449 uk-bus:EntityAccountantsOrAuditors 2015-01-31 07119449 uk-bus:MainBusiness 2014-02-01 2015-01-31 07119449 uk-bus:EntityBankers 2014-02-01 2015-01-31 07119449 uk-bus:EntityLawyersOrLegalAdvisers 2014-02-01 2015-01-31 07119449 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2014-02-01 2015-01-31 07119449 uk-bus:HighestPaidDirector 2014-02-01 2015-01-31 07119449 uk-bus:HighestPaidDirector 2015-01-31 07119449 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2014-02-01 2015-01-31 07119449 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2014-02-01 2015-01-31 07119449 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2014-02-01 2015-01-31 07119449 uk-bus:AllEntityOfficers 2014-02-01 2015-01-31 07119449 uk-gaap:InvestmentProperties 2014-01-31 07119449 uk-gaap:InvestmentProperties 2014-02-01 2015-01-31 07119449 uk-gaap:InvestmentProperties 2015-01-31 07119449 uk-gaap:IntellectualProperty 2014-02-01 2015-01-31 07119449 uk-gaap:IntellectualProperty 2014-01-31 07119449 uk-gaap:IntellectualProperty 2015-01-31 07119449 uk-countries:UnitedKingdom 2014-02-01 2015-01-31 07119449 uk-countries:Europe 2014-02-01 2015-01-31 07119449 uk-countries:NorthAmerica 2014-02-01 2015-01-31 07119449 uk-countries:SouthAmerica 2014-02-01 2015-01-31 07119449 uk-countries:Asia 2014-02-01 2015-01-31 07119449 uk-countries:RestWorldOutsideUK 2014-02-01 2015-01-31 07119449 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-02-01 2015-01-31 07119449 uk-gaap:LeasedTangibleFixedAssets 2014-02-01 2015-01-31 07119449 uk-gaap:AllSubsidiaries 2014-02-01 2015-01-31 07119449 uk-gaap:AllAssociates 2014-02-01 2015-01-31 07119449 dpl-gaap:CostSales 2014-01-31 07119449 dpl-gaap:CostSales 2015-01-31 07119449 dpl-gaap:CostSales 2014-02-01 2015-01-31 07119449 dpl-gaap:DistributionCosts 2014-02-01 2015-01-31 07119449 dpl-gaap:AdministrativeExpenses 2014-02-01 2015-01-31 07119449 uk-bus:Director1 2014-02-01 2015-01-31 07119449 uk-bus:Director1 2015-01-31 07119449 uk-bus:Director2 2014-02-01 2015-01-31 07119449 uk-bus:Director2 2015-01-31

Registered number: 07119449

Abbreviated accounts

For The Year Ended 31 January 2016

Paul Monaghan Chartered Accountant

ICAEW

18 Hartshill Close

Uxbridge

Middlesex

UB10 9LH

Realedge Associates Limited

Company No. 07119449

Abbreviated Balance Sheet 31 January 2016

Abbreviated Balance Sheet

		2016		2015
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	2		566		1,473

			566		1,473
CURRENT ASSETS
Debtors		52,757		20,100
Cash at bank and in hand		29,413		96,793

		82,170		116,893
Creditors: Amounts Falling Due Within One Year	3	(35,245 )		(77,567 )

NET CURRENT ASSETS (LIABILITIES)			46,925		39,326

TOTAL ASSETS LESS CURRENT LIABILITIES			47,491		40,799

NET ASSETS			47,491		40,799

CAPITAL AND RESERVES
Called up share capital	4		300		300
Profit and Loss Account			47,191		40,499

SHAREHOLDERS' FUNDS			47,491		40,799

Realedge Associates Limited

Company No. 07119449

Abbreviated Balance Sheet (continued) 31 January 2016

For the year ending 31 January 2016 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr Ajay Rathor

25 October 2016

Page 1

Realedge Associates Limited

Notes to the Abbreviated Accounts

For The Year Ended 31 January 2016

Notes to the Abbreviated Accounts

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2. Turnover

Consultancy income represents revenue earned during the year, based on work done for and accepted by clients, excluding VAT. Income from software licencing where the licence is accepted and agreed by the customer, is recognised over the period of the software licence granted and excludes VAT.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

3 years

2. Tangible Assets


	Total
Cost	£
As at 1 February 2015	5,637

As at 31 January 2016	5,637

Depreciation
As at 1 February 2015	4,164
Provided during the period	907

As at 31 January 2016	5,071

Net Book Value
As at 31 January 2016	566

As at 1 February 2015	1,473

Page 2

Realedge Associates Limited

Notes to the Abbreviated Accounts (continued)

For The Year Ended 31 January 2016

3. Creditors: Amounts Falling Due Within One Year

	2016	2015
	£	£
Corporation tax	23,151	-
VAT	8,633	30,652
Accruals and deferred income	3,461	39,677
Directors' loan accounts	-	7,238

	35,245	77,567

4. Share Capital

	Value	Number	2016	2015
Allotted, called up and fully paid	£		£	£
Ordinary A shares	1.00	100	100	100

Ordinary B shares	1.00	100	100	100

Ordinary C shares	1.00	100	100	100




		300	300	300

5. Transactions With and Loans to Directors

Included within Debtors are the following loans to directors:

	As at 1 February 2015	Amounts advanced	Amounts repaid	As at 31 January 2016
	£	£	£	£
Mr Ajay Rathor	-	37,500	8,243	29,257

On 1 December 2015, a shareholder’s resolution approved a loan facility to the Director, Mr Ajay Rathor of up to £100,000, with interest being charged at the published HMRC interest rate, calculated daily.

At 31 January 2016, a balance of £29,257 (2015: £nil) was owed by Mr Rathor to the Company. The maximum amount outstanding in the year was £37.500.

During the year to 31 January 2016, Mr Rathor was charged interest to his loan account of £111 (2015: £nil).

6. Ultimate Controlling Party

The company is controlled by the director, Ajay Rathor.

Page 3