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REGISTERED NUMBER: 11082308 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Rhino Sensory UK Limited

Rhino Sensory UK Limited (Registered number: 11082308)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Rhino Sensory UK Limited (Registered number: 11082308)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 166,577 103,181

CURRENT ASSETS
Stocks 254,332 230,123
Debtors 5 865,223 918,403
Cash at bank and in hand 693,483 581,378
1,813,038 1,729,904
CREDITORS
Amounts falling due within one year 6 (506,563 ) (483,520 )
NET CURRENT ASSETS 1,306,475 1,246,384
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,473,052

1,349,565

CREDITORS
Amounts falling due after more than one
year

7

(46,292

)

(46,087

)

PROVISIONS FOR LIABILITIES (36,331 ) (25,796 )
NET ASSETS 1,390,429 1,277,682

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,390,329 1,277,582
1,390,429 1,277,682

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

Rhino Sensory UK Limited (Registered number: 11082308)

Balance Sheet - continued
31 December 2024


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 3 July 2025 and were signed on its behalf by:





Mr S P Wells - Director


Rhino Sensory UK Limited (Registered number: 11082308)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Rhino Sensory UK Limited is a private company, limited by shares, domiciled in England, registration number 11082308. The registered office is Millbuck Way, Springvale Industrial Estate, Sandbach, Cheshire, CW11 3HT.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents net invoiced sales of goods and services in respect of sensory products, excluding value added tax. Sales are recognised at the point at which the goods are delivered or the service is complete.

Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 20% on cost

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any incidental costs of acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible fixed assets are depreciated to nil value.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is represented by purchase price.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Rhino Sensory UK Limited (Registered number: 11082308)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Provisions
Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2023 - 22 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 176,430
Additions 106,370
Disposals (970 )
At 31 December 2024 281,830
DEPRECIATION
At 1 January 2024 73,249
Charge for year 42,004
At 31 December 2024 115,253
NET BOOK VALUE
At 31 December 2024 166,577
At 31 December 2023 103,181

Rhino Sensory UK Limited (Registered number: 11082308)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2024 51,670
Additions 31,375
Transfer to ownership (23,000 )
At 31 December 2024 60,045
DEPRECIATION
At 1 January 2024 18,951
Charge for year 14,273
Transfer to ownership (14,183 )
At 31 December 2024 19,041
NET BOOK VALUE
At 31 December 2024 41,004
At 31 December 2023 32,719

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 437,109 303,702
Amounts owed by group undertakings 279,544 501,235
Other debtors 148,570 113,466
865,223 918,403

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 6,211 5,413
Hire purchase contracts 17,226 11,391
Trade creditors 181,841 119,347
Taxation and social security 255,774 213,566
Other creditors 45,511 133,803
506,563 483,520

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 25,651 31,847
Hire purchase contracts 20,641 14,240
46,292 46,087

Rhino Sensory UK Limited (Registered number: 11082308)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.12.24 31.12.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 811 10,195

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Hire purchase contracts 37,867 25,631

Amounts due in relation to hire purchase assets are secured against the assets to which they relate.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
Mr L J Wells
Balance outstanding at start of year 51,124 58,556
Amounts repaid (51,124 ) (7,432 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 51,124

10. ULTIMATE PARENT ENTITY

Kkalc Limited is registered in England under registration number 11078669. The registered office is Millbuck Way, Springvale Industrial Estate, Sandbach, Cheshire, CW11 3HT.