REGISTERED NUMBER: 02550366 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

RIPCA UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr H Zandvliet

SECRETARY:

Mr MJF Van Veen

REGISTERED OFFICE:

12 High Street

Stanford le Hope

Essex

SS17 0EY

REGISTERED NUMBER:

02550366 (England and Wales)

ACCOUNTANTS:

Elliott, Mortlock, Busby & Co Limited

12 High Street

Stanford le Hope

Essex

SS17 0EY

FIXED ASSETS

Tangible assets

5

236

402

CURRENT ASSETS

Stocks

42,749

2,250

Debtors

6

346,926

324,406

Cash at bank

93,539

111,830

483,214

438,486

CREDITORS

Amounts falling due within one year

7

107,418

101,073

NET CURRENT ASSETS

375,796

337,413

TOTAL ASSETS LESS CURRENT LIABILITIES

376,032

337,815

CAPITAL AND RESERVES

Called up share capital

20,000

20,000

Retained earnings

356,032

317,815

SHAREHOLDERS' FUNDS

376,032

337,815

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 director acknowledges his 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.

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 director and authorised for issue on 18 August 2025 and were signed by:

Mr H Zandvliet - Director

1.	STATUTORY INFORMATION

Ripca 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured,

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

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 represents the sum of tax currently payable and deferred tax.

The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme, for the director and employees. The assets of the scheme are held separately from those of the company in independently administered funds. At the balance sheet date there were £464 unpaid contributions (2023- £464). Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Operating leases

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 January 2024

and 31 December 2024

499

DEPRECIATION

At 1 January 2024

97

Charge for year

166

At 31 December 2024

263

NET BOOK VALUE

At 31 December 2024

236

At 31 December 2023

402

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

209,146

164,144

Other debtors

137,780

160,262

346,926

324,406

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

6,323

2,352

Corporation tax

13,305

24,410

Social security and other taxes

65,258

54,160

Other creditors

20,564

18,083

Amounts owed to holding company

1,968

2,068

107,418

101,073

8.	OTHER FINANCIAL COMMITMENTS

The Company has a total commitments, guarantees and contingencies as at year end 2024 of £39,579 (2023: £22,284) included in the above are minimum lease payments under non-cancellable operating leases, falling due as follows:

2024

2023

£

£

Within one year

16,607

8,783

Between one and five years

22,972

13,501

39,579

22,284

9.	RELATED PARTY DISCLOSURES

At 31 December 2024 there was an amount due of £97,377 (2023: £159,396) from Ripca BV to Ripca UK Limited (Included in Other Debtors).

During the year the company made purchases from another company in the group totalling £959,896 (2023- £803,337).

10.	ULTIMATE HOLDING COMPANY

VEZA Holding B.V. (incorporated in Netherlands) is regarded by the director as being the company's ultimate parent company.

The registered office is Mercuriusweg 15, 3771 NC Barneveld, The Netherlands.