REGISTERED NUMBER: 05395971 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

RAUSCH UK LIMITED

PREVIOUSLY KNOWN AS

DART SYSTEMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S J Arkell

A J Pang

A Riedisser

A Zwibler

REGISTERED OFFICE:

Environment House

First Avenue

Westfield Industrial Estate

Radstock

Somerset

BA3 4BS

REGISTERED NUMBER:

05395971 (England and Wales)

AUDITORS:

Richardson Swift Audit Ltd

Chartered Accountants

Statutory Auditor

11 Laura Place

Bath

BA2 4BL

FIXED ASSETS

Tangible assets

4

166,259

155,024

CURRENT ASSETS

Stocks

643,535

643,541

Debtors

5

218,323

248,897

Cash at bank and in hand

203,426

49,769

1,065,284

942,207

CREDITORS

Amounts falling due within one year

6

1,320,897

1,040,277

NET CURRENT LIABILITIES

(255,613

)

(98,070

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(89,354

)

56,954

CREDITORS

Amounts falling due after more than one year

7

55,254

37,838

NET (LIABILITIES)/ASSETS

(144,608

)

19,116

CAPITAL AND RESERVES

Called up share capital

11

101

101

Retained earnings

(144,709

)

19,015

SHAREHOLDERS' FUNDS

(144,608

)

19,116

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 28 March 2025 and were signed on its behalf by:

A J Pang - Director

1.	STATUTORY INFORMATION

Rausch 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.

The balance sheet at 31 December 2024 shows that the company had net current liabilities. The financial statements have been prepared on the going concern basis, on the understanding that the parent company will continue to financially support the company.

Turnover

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Stocks

Stocks are 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.

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.

Hire purchase and leasing commitments

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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, loans from banks and other third parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

57,497

24,285

118,193

117,100

317,075

Additions

51,633

1,748

36,757

2,575

92,713

Disposals

(13,606

)

(2,308

)

(53,284

)

(26,311

)

(95,509

)

At 31 December 2024

95,524

23,725

101,666

93,364

314,279

DEPRECIATION

At 1 January 2024

53,210

17,098

32,269

59,474

162,051

Charge for year

9,262

3,182

8,679

15,486

36,609

Eliminated on disposal

(13,486

)

(2,308

)

(8,814

)

(26,032

)

(50,640

)

At 31 December 2024

48,986

17,972

32,134

48,928

148,020

NET BOOK VALUE

At 31 December 2024

46,538

5,753

69,532

44,436

166,259

At 31 December 2023

4,287

7,187

85,924

57,626

155,024

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

94,474

191,414

Other debtors

123,849

57,483

218,323

248,897

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts (see note 8)

25,872

11,464

Trade creditors

433,868

413,239

Amounts owed to group undertakings

772,498

551,410

Taxation and social security

60,376

51,123

Other creditors

28,283

13,041

1,320,897

1,040,277

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts (see note 8)

11,966

37,838

Other creditors

43,288

-

55,254

37,838

8.	LEASING AGREEMENTS

At the year end, the company had total outstanding lease commitments of £383,638 (2023: £408,773).

9.	SECURED DEBTS

The hire purchase liabilities are secured on the assets to which they relate.

10.	DEFERRED TAX

£

Balance at 1 January 2024

(52,366

)

Accelerated capital allowances

17,203

Provision for losses

(72,282

)

Balance at 31 December 2024

(107,445

)

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

1

Ordinary C

£1

1

1

101

101

Each A, B and C shares are ranked pari passu.

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Catherine Edwards BSc FCA (Senior Statutory Auditor)

for and on behalf of Richardson Swift Audit Ltd

13.	RELATED PARTY DISCLOSURES

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.

14.	PARENT COMPANY

The ultimate parent company is Rausch International Group GmbH, a company incorporated in Germany. The results of Dart Systems Limited are included in the consolidated financial statements of the group headed by Rausch International Group GmbH. These financial statements are available upon request from Rausch International Group GmbH, Bruehlmoosweg 40, 88138 Weissensberg.

15.	CRITICAL ACCOUNTING ESTIMATES AND UNCERTAINTIES

No significant judgements or key assumptions have had to be made by the directors in preparing these financial statements.