Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01falseNo description of principal activity42truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13497855 2024-01-01 2024-12-31 13497855 2023-01-01 2023-12-31 13497855 2024-12-31 13497855 2023-12-31 13497855 c:Director2 2024-01-01 2024-12-31 13497855 d:PlantMachinery 2024-01-01 2024-12-31 13497855 d:PlantMachinery 2024-12-31 13497855 d:PlantMachinery 2023-12-31 13497855 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 13497855 d:CurrentFinancialInstruments 2024-12-31 13497855 d:CurrentFinancialInstruments 2023-12-31 13497855 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13497855 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13497855 d:ShareCapital 2024-12-31 13497855 d:ShareCapital 2023-12-31 13497855 d:OtherMiscellaneousReserve 2024-12-31 13497855 d:OtherMiscellaneousReserve 2023-12-31 13497855 d:RetainedEarningsAccumulatedLosses 2024-12-31 13497855 d:RetainedEarningsAccumulatedLosses 2023-12-31 13497855 c:OrdinaryShareClass1 2024-01-01 2024-12-31 13497855 c:OrdinaryShareClass1 2024-12-31 13497855 c:OrdinaryShareClass1 2023-12-31 13497855 c:FRS102 2024-01-01 2024-12-31 13497855 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13497855 c:FullAccounts 2024-01-01 2024-12-31 13497855 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13497855 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13497855









REBEL PMI UK LTD

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
REBEL PMI UK LTD
REGISTERED NUMBER: 13497855

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
328
408

Current assets
  

Stocks
  
(653)
213,656

Debtors: amounts falling due within one year
 5 
142,364
336,860

Cash at bank and in hand
  
189,837
52,972

  
331,548
603,488

Creditors: amounts falling due within one year
 6 
(160,120)
(356,008)

Net current assets
  
 
 
171,428
 
 
247,480

Total assets less current liabilities
  
171,756
247,888

  

Net assets
  
171,756
247,888


Capital and reserves
  

Called up share capital 
 7 
100
100

Other reserves
  
45,112
45,112

Profit and loss account
  
126,544
202,676

  
171,756
247,888


Page 1

 
REBEL PMI UK LTD
REGISTERED NUMBER: 13497855

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The Directors consider 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 Directors acknowledge their 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 profit and loss account 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 by: 






................................................
J G W Kok
Director

Date: 7 April 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
REBEL PMI UK LTD
 

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

1.


General information

Rebel PMI UK Ltd is a private company limited by shares, incorporated in England and Wales. The address of the registered office is 24 Old Bond Street, London, W1S 4AP. This company is part of a small group. 
The financial statements are prepared in sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

 
2.1

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:

 
2.2

Going concern

The directors have considered a period of 12 months from the balance sheet date and believe that the accounts are correct to be prepared on a going concern basis. The financial statements do not contain any adjustments that would be required if the Company were not able to continue as a going concern.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
REBEL PMI UK LTD
 

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

2.Accounting policies (continued)

 
2.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

 
2.5

Taxation

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 corporation 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.


 
2.6

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

 
REBEL PMI UK LTD
 

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

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
15%

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.

  
2.7

Stock

Work in progress and finished goods include labour and attributable overheads.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. 

 
2.9

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.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. 

 
2.11

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 2).

Page 5

 
REBEL PMI UK LTD
 

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

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 January 2024
539



At 31 December 2024

539



Depreciation


At 1 January 2024
131


Charge for the year on owned assets
80



At 31 December 2024

211



Net book value



At 31 December 2024
328



At 31 December 2023
408


5.


Debtors

2024
2023
£
£


Trade debtors
23,037
151,558

Amounts owed by group undertakings
34,596
101,864

Other debtors
82,253
83,438

Prepayments and accrued income
2,478
-

142,364
336,860


Page 6

 
REBEL PMI UK LTD
 

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

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
13,950
5,848

Amounts owed to group undertakings
91,963
257,969

Corporation tax
10,645
51,451

Other creditors
73
36,498

Accruals and deferred income
43,489
4,242

160,120
356,008



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



8.


Related party transactions

During the year, the Company traded with Rebel Payments, Mobility & Insights NL BV, the immediate parent company. As at the year end, the balance owed to the Company was £23,296 (2023 - Owed by the company £251,101).
During the year, the Company traded with Rebel Payments, Mobility & Insights Canada, Inc., a fellow group company. As at the year end, the balance owed to the Company was £11,300 (2023 - £5,936). 
During the year, the Company traded with Rebel Payments, Mobility & Insights, Inc., a fellow group company. As at the year end, the balance owed by the Company was £13,613 (2023 - Owed to the company £95,928).
During the year, the Company traded with Rebel Group BV, a fellow group company. As at the year end, the balance owed by the Company was £Nil (2023 - £6,869).
During the year, the Company traded with Rebel Transactions and Contracts BV, a fellow group company. As at the year end, the balance owed by the Company was £78,350 (2023 - £Nil). 


9.


Controlling party

The immediate parent company is Rebel Payments, Mobility & Insights NL BV, incorporated in The Netherlands. The registered office address is Wijnhaven 23, 3011 WH Rotterdam, The Netherlands. 
There is no ultimate controlling party. 


Page 7