RL FINANCE BONDS NO. 4 PLC

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +5.1%

  £57,461 → £60,403

• Employees

  —

  Not reported

• Profit before tax

  -3%

  -£4,282 → -£4,411

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements (the going concern period).”

Significant events

• “On 7 October 2019, the Company issued £600,000,000 4.875% Guaranteed Subordinated Notes (the Notes). The proceeds of this issue were lent to RLMIS on the same terms as those applicable to the Notes.”
• “The Company's loan to the parent undertaking was previously included within fixed assets as 'investments', with interest receivable included within debtors as 'amounts owed by group undertakings'. To improve consistency of presentation in the financial statements, the entire loan instrument has been represented as debtors. Interest payable on the Company's subordinated liabilities previously presented as 'accruals and deferred income' has also been represented as 'subordinated liabilities' within creditors: amounts falling due within one year.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.