BrightAccountsProduction v1.0.0 v1.0.0 2023-07-01 The company was not dormant during the period The company was trading for the entire period Acitivities of call centres. 27 March 2025 NI603205 2024-06-30 NI603205 2023-06-30 NI603205 2022-06-30 NI603205 2023-07-01 2024-06-30 NI603205 2022-07-01 2023-06-30 NI603205 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 NI603205 uk-curr:PoundSterling 2023-07-01 2024-06-30 NI603205 uk-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 NI603205 uk-bus:FullAccounts 2023-07-01 2024-06-30 NI603205 uk-bus:Director1 2023-07-01 2024-06-30 NI603205 uk-bus:RegisteredOffice 2023-07-01 2024-06-30 NI603205 uk-bus:Agent1 2023-07-01 2024-06-30 NI603205 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 NI603205 uk-core:ShareCapital 2024-06-30 NI603205 uk-core:ShareCapital 2023-06-30 NI603205 uk-core:OtherReservesSubtotal 2024-06-30 NI603205 uk-core:OtherReservesSubtotal 2023-06-30 NI603205 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 NI603205 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 NI603205 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-06-30 NI603205 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-06-30 NI603205 uk-bus:FRS102 2023-07-01 2024-06-30 NI603205 uk-core:Goodwill 2023-07-01 2024-06-30 NI603205 uk-core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 NI603205 uk-core:Goodwill 2023-06-30 NI603205 uk-core:Goodwill 2024-06-30 NI603205 uk-core:CurrentFinancialInstruments 2024-06-30 NI603205 uk-core:CurrentFinancialInstruments 2023-06-30 NI603205 uk-core:WithinOneYear 2024-06-30 NI603205 uk-core:WithinOneYear 2023-06-30 NI603205 uk-core:WithinOneYear 2024-06-30 NI603205 uk-core:WithinOneYear 2023-06-30 NI603205 uk-core:AfterOneYear 2024-06-30 NI603205 uk-core:AfterOneYear 2023-06-30 NI603205 uk-core:BetweenOneTwoYears 2024-06-30 NI603205 uk-core:BetweenOneTwoYears 2023-06-30 NI603205 uk-core:BetweenTwoFiveYears 2024-06-30 NI603205 uk-core:BetweenTwoFiveYears 2023-06-30 NI603205 uk-core:EmployeeBenefits 2023-06-30 NI603205 uk-core:EmployeeBenefits 2023-07-01 2024-06-30 NI603205 uk-core:AcceleratedTaxDepreciationDeferredTax 2024-06-30 NI603205 uk-core:TaxLossesCarry-forwardsDeferredTax 2024-06-30 NI603205 uk-core:OtherDeferredTax 2024-06-30 NI603205 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2024-06-30 NI603205 uk-core:EmployeeBenefits 2024-06-30 NI603205 2023-07-01 2024-06-30 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI603205
 
 
Rapport Fundraising Limited
 
Unaudited Financial Statements
 
for the financial year ended 30 June 2024



Rapport Fundraising Limited
DIRECTOR AND OTHER INFORMATION

 
Director Catherine Jimenez
 
 
Company Registration Number NI603205
 
 
Registered Office and Business Address 128A High Street
Holywood
Co Down
BT18 9HW
 
 
Accountants Quarter
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
Belfast
BT1 1PG
United Kingdom
 
 
Bankers Danske Bank
  45 - 48 High Street
  Portadown
  BT62 1LB



Rapport Fundraising Limited

CHARTERED ACCOUNTANTS REPORT
to the Director on the Compilation of the unaudited financial statements of Rapport Fundraising Limited
for the financial year ended 30 June 2024
 
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 30 June 2024 as set out on pages  to 13 which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
 
This report is made solely to the director of Rapport Fundraising Limited, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.
 
We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.
 
You have acknowledged on the Statement of Financial Position for the year ended 30 June 2024 your duty to ensure that Rapport Fundraising Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Rapport Fundraising Limited. You consider that Rapport Fundraising Limited is exempt from the statutory audit requirement for the financial year.
 
We have not been instructed to carry out an audit or a review of the financial statements of Rapport Fundraising Limited. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
 
 
 
__________________________________
QUARTER
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
Belfast
BT1 1PG
United Kingdom
 
27 March 2025



Rapport Fundraising Limited
Company Registration Number: NI603205
STATEMENT OF FINANCIAL POSITION
as at 30 June 2024

2024 2023
Notes £ £
 
Non-Current Assets
Intangible assets 4 30,000 36,000
Property, plant and equipment 5 347 684
───────── ─────────
Non-Current Assets 30,347 36,684
───────── ─────────
 
Current Assets
Receivables 6 177,065 186,080
Cash and cash equivalents 12,027 19,036
───────── ─────────
189,092 205,116
───────── ─────────
Payables: amounts falling due within one year 7 (73,675) (55,876)
───────── ─────────
Net Current Assets 115,417 149,240
───────── ─────────
Total Assets less Current Liabilities 145,764 185,924
 
Payables:
amounts falling due after more than one year 8 (10,583) (20,797)
 
Provisions for liabilities 10 (87) (171)
───────── ─────────
Net Assets 135,094 164,956
═════════ ═════════
 
Equity
Called up share capital 2,000 2,000
Other reserves 4,000 4,000
Retained earnings 129,094 158,956
───────── ─────────
Equity attributable to owners of the company 135,094 164,956
═════════ ═════════
 
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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.
           
For the financial year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Director and authorised for issue on 27 March 2025
           
           
________________________________          
Catherine Jimenez          
Director          
           



Rapport Fundraising Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 30 June 2024

   
1. General Information
 
Rapport Fundraising Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI603205. The registered office of the company is 128A High Street, Holywood, Co Down, BT18 9HW which is also the principal place of business of the company. Acitivities of call centres. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 30 June 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Revenue
Revenue comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Goodwill
Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Statement of Financial Position and amortised on a straight line basis over its economic useful life of 10 years, which is estimated to be the period during which benefits are expected to arise.  On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 33% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Trade and other receivables
Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other payables
Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 31, (2023 - 27).
 
  2024 2023
  Number Number
 
Director 1 1
Employees 30 26
  ───────── ─────────
  31 27
  ═════════ ═════════
       
4. Intangible assets
     
  Goodwill Total
  £ £
Cost
At 1 July 2023 60,000 60,000
  ───────── ─────────
 
At 30 June 2024 60,000 60,000
  ───────── ─────────
Amortisation
At 1 July 2023 24,000 24,000
Charge for financial year 6,000 6,000
  ───────── ─────────
At 30 June 2024 30,000 30,000
  ───────── ─────────
Carrying amount
At 30 June 2024 30,000 30,000
  ═════════ ═════════
At 30 June 2023 36,000 36,000
  ═════════ ═════════
       
5. Property, plant and equipment
  Fixtures, Total
  fittings and  
  equipment  
  £ £
Cost
At 1 July 2023 7,336 7,336
  ───────── ─────────
 
At 30 June 2024 7,336 7,336
  ───────── ─────────
Depreciation
At 1 July 2023 6,652 6,652
Charge for the financial year 337 337
  ───────── ─────────
At 30 June 2024 6,989 6,989
  ───────── ─────────
Carrying amount
At 30 June 2024 347 347
  ═════════ ═════════
At 30 June 2023 684 684
  ═════════ ═════════
       
6. Receivables 2024 2023
  £ £
 
Trade receivables 158,911 162,082
Taxation  (Note 9) 6,962 18,088
Prepayments and accrued income 11,192 5,910
  ───────── ─────────
  177,065 186,080
  ═════════ ═════════
       
7. Payables 2024 2023
Amounts falling due within one year £ £
 
Bank overdrafts 15,567 -
Bank loan 11,089 9,994
Trade payables 11,026 14,054
Taxation  (Note 9) 11,294 17,854
Director's current account 5,740 961
Accruals:
Pension accrual 2,329 3,558
Other accruals 16,630 9,455
  ───────── ─────────
  73,675 55,876
  ═════════ ═════════
       
8. Payables 2024 2023
Amounts falling due after more than one year £ £
 
Bank loan 10,583 20,797
  ═════════ ═════════
 
Loans
Repayable in one year or less, or on demand (Note 7) 26,656 9,994
Repayable between one and two years 10,583 10,247
Repayable between two and five years - 10,550
  ───────── ─────────
  37,239 30,791
  ═════════ ═════════
 
       
9. Taxation 2024 2023
  £ £
 
Receivables:
PAYE / NI 6,962 18,088
  ═════════ ═════════
Payables:
VAT 6,140 6,626
Corporation tax 5,154 11,228
  ───────── ─────────
  11,294 17,854
  ═════════ ═════════
         
10. Provisions for liabilities
 
The amounts provided for deferred taxation are analysed below:
 
  Capital Total Total
  allowances    
       
    2024 2023
  £ £ £
 
At financial year start 171 171 12
Charged to profit and loss (84) (84) 159
  ───────── ───────── ─────────
At financial year end 87 87 171
  ═════════ ═════════ ═════════
       
11. Capital commitments
 
The company had no material capital commitments at the financial year-ended 30 June 2024.
   
12. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.