Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312025-05-0632023-09-01truefalseNo description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06676537 2023-09-01 2024-08-31 06676537 2022-09-01 2023-08-31 06676537 2024-08-31 06676537 2023-08-31 06676537 c:Director2 2023-09-01 2024-08-31 06676537 d:FurnitureFittings 2023-09-01 2024-08-31 06676537 d:FurnitureFittings 2024-08-31 06676537 d:FurnitureFittings 2023-08-31 06676537 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 06676537 d:OfficeEquipment 2023-09-01 2024-08-31 06676537 d:OfficeEquipment 2024-08-31 06676537 d:OfficeEquipment 2023-08-31 06676537 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 06676537 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 06676537 d:CurrentFinancialInstruments 2024-08-31 06676537 d:CurrentFinancialInstruments 2023-08-31 06676537 d:Non-currentFinancialInstruments 2024-08-31 06676537 d:Non-currentFinancialInstruments 2023-08-31 06676537 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 06676537 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 06676537 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 06676537 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 06676537 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-08-31 06676537 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-08-31 06676537 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-08-31 06676537 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-08-31 06676537 d:ShareCapital 2024-08-31 06676537 d:ShareCapital 2023-08-31 06676537 d:RetainedEarningsAccumulatedLosses 2024-08-31 06676537 d:RetainedEarningsAccumulatedLosses 2023-08-31 06676537 c:FRS102 2023-09-01 2024-08-31 06676537 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 06676537 c:FullAccounts 2023-09-01 2024-08-31 06676537 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06676537 2 2023-09-01 2024-08-31 06676537 d:AcceleratedTaxDepreciationDeferredTax 2024-08-31 06676537 d:AcceleratedTaxDepreciationDeferredTax 2023-08-31 06676537 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 06676537










RPK PRINT SERVICES EUROPE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
RPK PRINT SERVICES EUROPE LIMITED
REGISTERED NUMBER: 06676537

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,891
2,657

  
1,891
2,657

Current assets
  

Stocks
  
12,750
15,750

Debtors: amounts falling due after more than one year
 5 
-
750

Debtors: amounts falling due within one year
 5 
23,591
47,472

Cash at bank and in hand
 6 
55,338
27,370

  
91,679
91,342

Creditors: amounts falling due within one year
 7 
(76,346)
(72,828)

Net current assets
  
 
 
15,333
 
 
18,514

Total assets less current liabilities
  
17,224
21,171

Creditors: amounts falling due after more than one year
 8 
(15,695)
(19,112)

Provisions for liabilities
  

Deferred tax
 10 
(359)
(505)

  
 
 
(359)
 
 
(505)

Net assets
  
1,170
1,554


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,070
1,454

  
1,170
1,554


Page 1

 
RPK PRINT SERVICES EUROPE LIMITED
REGISTERED NUMBER: 06676537

BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

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 year 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 on 6 May 2025.




R G Williams
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
RPK PRINT SERVICES EUROPE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.Accounting policies

 
1.1

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
1.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
1.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
RPK PRINT SERVICES EUROPE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.Accounting policies (continued)

 
1.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
1.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
1.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
RPK PRINT SERVICES EUROPE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.Accounting policies (continued)


1.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows;.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
reducing balance
Office equipment
-
25%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
1.10

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.

 
1.11

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.

 
1.12

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.

 
1.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 5

 
RPK PRINT SERVICES EUROPE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.Accounting policies (continued)

 
1.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


2.


General information

RPK Print Services Europe Limited is a limited company incorporated in England and Wales.
The company's registered office address is 4 Chester Court, Chester Hall Lane, Basildon, Essex, SS14 3WR.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 3).


4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 September 2023
4,634
5,124
9,758



At 31 August 2024

4,634
5,124
9,758



Depreciation


At 1 September 2023
3,404
3,697
7,101


Charge for the year on owned assets
246
520
766



At 31 August 2024

3,650
4,217
7,867



Net book value



At 31 August 2024
984
907
1,891



At 31 August 2023
1,230
1,427
2,657

Page 6

 
RPK PRINT SERVICES EUROPE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
-
750

-
750


2024
2023
£
£

Due within one year

Trade debtors
23,558
43,620

Other debtors
-
3,819

Prepayments and accrued income
33
33

23,591
47,472



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
55,338
27,370

55,338
27,370



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
3,472
3,388

Trade creditors
67,993
58,772

Corporation tax
1,232
2,988

Other taxation and social security
3,014
6,913

Other creditors
635
767

76,346
72,828


Page 7

 
RPK PRINT SERVICES EUROPE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
15,695
19,112

15,695
19,112



9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
3,472
3,388


Amounts falling due 2-5 years

Bank loans
14,030
14,074

Amounts falling due after more than 5 years

Bank loans
1,665
5,037

19,167
22,499


Page 8

 
RPK PRINT SERVICES EUROPE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

10.


Deferred taxation




2024


£






At beginning of year
(505)


Charged to profit or loss
146



At end of year
(359)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(359)
(505)

(359)
(505)


11.


Pension commitments

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 pension cost charge represents contributions by the company to the fund and amounted to £218 (2023 : £249). Contributions totalling £49 (2023 : £59) were payable to the fund at the balance sheet date and are included in creditors.


12.


Related party transactions

R G Williams have given personal guarantees in respect of the company's bank borrowings.


Page 9