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REGISTERED NUMBER: 03155539 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

RIX (UK) LIMITED

RIX (UK) LIMITED (REGISTERED NUMBER: 03155539)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RIX (UK) LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2025







DIRECTORS: E W James
K Peraj





SECRETARY: K Ulqinaku





REGISTERED OFFICE: 3 Falmer Road
Enfield
EN1 1PZ





REGISTERED NUMBER: 03155539 (England and Wales)





ACCOUNTANTS: TC Group
Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR

RIX (UK) LIMITED (REGISTERED NUMBER: 03155539)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 85,548 108,401

CURRENT ASSETS
Stocks 5 97,034 -
Debtors 6 709,304 320,825
Cash at bank 1,324,000 475,473
2,130,338 796,298
CREDITORS
Amounts falling due within one year 7 659,673 169,485
NET CURRENT ASSETS 1,470,665 626,813
TOTAL ASSETS LESS CURRENT LIABILITIES 1,556,213 735,214

CREDITORS
Amounts falling due after more than one
year

8

(2,133

)

(10,478

)

PROVISIONS FOR LIABILITIES (21,212 ) (27,402 )
NET ASSETS 1,532,868 697,334

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 1,532,768 697,234
SHAREHOLDERS' FUNDS 1,532,868 697,334

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

RIX (UK) LIMITED (REGISTERED NUMBER: 03155539)

BALANCE SHEET - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2025 and were signed on its behalf by:





K Peraj - Director


RIX (UK) LIMITED (REGISTERED NUMBER: 03155539)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2025


1. STATUTORY INFORMATION

Rix (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stock and work in progress
Work in progress comprises projects which are completed and not yet invoiced. Stock and Work in progress are both valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

RIX (UK) LIMITED (REGISTERED NUMBER: 03155539)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2025


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 101,643 4,529 144,798 7,261 258,231
Additions - 734 - 4,929 5,663
At 31 March 2025 101,643 5,263 144,798 12,190 263,894
DEPRECIATION
At 1 April 2024 93,826 2,531 50,941 2,532 149,830
Charge for year 1,954 683 23,464 2,415 28,516
At 31 March 2025 95,780 3,214 74,405 4,947 178,346
NET BOOK VALUE
At 31 March 2025 5,863 2,049 70,393 7,243 85,548
At 31 March 2024 7,817 1,998 93,857 4,729 108,401

5. STOCKS
2025 2024
£    £   
Stock and work in progress 97,034 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 662,492 285,151
Other debtors 4,640 4,340
VAT 18,587 7,251
Prepayments 23,585 24,083
709,304 320,825

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 8,352 8,153
Trade creditors 247,118 76,778
Corporation tax 354,887 63,944
Social security and other taxes 45,344 18,766
Net wages 782 -
Pension control 634 378
Directors' loan accounts 56 56
Accrued expenses 2,500 1,410
659,673 169,485

RIX (UK) LIMITED (REGISTERED NUMBER: 03155539)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-2 years 2,133 8,357
Bank loans - 2-5 years - 2,121
2,133 10,478

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 10,485 18,631

Bank loans are secured against assets of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

11. RELATED PARTY DISCLOSURES

During the year, the Company paid £30,000 (2024: £120,000) to System Building Solutions Limited for consultancy services. K Ulqinaku is the sole director and shareholder of System Building Solutions Limited and also a shareholder of Rix (UK) Limited. At the year end, there is £nil (2024: £nil) owed to System Building Solutions Limited.

12. ULTIMATE CONTROLLING PARTY

The company is under the control of shareholders who each own 25% of the share capital.