Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 to be that of steel stockholders and specialist fabrications.true 3 2024-01-01 false 3 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01609655 2024-01-01 2024-12-31 01609655 2023-01-01 2023-12-31 01609655 2024-12-31 01609655 2023-12-31 01609655 2023-01-01 01609655 c:Director1 2024-01-01 2024-12-31 01609655 d:Buildings 2024-01-01 2024-12-31 01609655 d:Buildings 2024-12-31 01609655 d:Buildings 2023-12-31 01609655 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01609655 d:PlantMachinery 2024-01-01 2024-12-31 01609655 d:PlantMachinery 2024-12-31 01609655 d:PlantMachinery 2023-12-31 01609655 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01609655 d:MotorVehicles 2024-01-01 2024-12-31 01609655 d:MotorVehicles 2024-12-31 01609655 d:MotorVehicles 2023-12-31 01609655 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01609655 d:OfficeEquipment 2024-01-01 2024-12-31 01609655 d:OfficeEquipment 2024-12-31 01609655 d:OfficeEquipment 2023-12-31 01609655 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01609655 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01609655 d:FreeholdInvestmentProperty 2024-01-01 2024-12-31 01609655 d:FreeholdInvestmentProperty 2024-12-31 01609655 d:FreeholdInvestmentProperty 2023-12-31 01609655 d:FreeholdInvestmentProperty 2 2024-01-01 2024-12-31 01609655 d:CurrentFinancialInstruments 2024-12-31 01609655 d:CurrentFinancialInstruments 2023-12-31 01609655 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 01609655 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01609655 d:ShareCapital 2024-12-31 01609655 d:ShareCapital 2023-12-31 01609655 d:RevaluationReserve 2024-01-01 2024-12-31 01609655 d:RevaluationReserve 2024-12-31 01609655 d:RevaluationReserve 2023-12-31 01609655 d:RetainedEarningsAccumulatedLosses 2024-12-31 01609655 d:RetainedEarningsAccumulatedLosses 2023-12-31 01609655 c:OrdinaryShareClass1 2024-01-01 2024-12-31 01609655 c:OrdinaryShareClass1 2024-12-31 01609655 c:OrdinaryShareClass1 2023-12-31 01609655 c:OrdinaryShareClass2 2024-01-01 2024-12-31 01609655 c:OrdinaryShareClass2 2024-12-31 01609655 c:OrdinaryShareClass2 2023-12-31 01609655 c:OrdinaryShareClass3 2024-01-01 2024-12-31 01609655 c:OrdinaryShareClass3 2024-12-31 01609655 c:OrdinaryShareClass3 2023-12-31 01609655 c:FRS102 2024-01-01 2024-12-31 01609655 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01609655 c:FullAccounts 2024-01-01 2024-12-31 01609655 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01609655 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 01609655 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 01609655 d:RetirementBenefitObligationsDeferredTax 2024-12-31 01609655 d:RetirementBenefitObligationsDeferredTax 2023-12-31 01609655 2 2024-01-01 2024-12-31 01609655 5 2024-01-01 2024-12-31 01609655 f:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01609655 RTJ INTERNATIONAL LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
RTJ INTERNATIONAL LIMITED REGISTERED NUMBER: 01609655 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 1,490,129 |  | 1,243,147
Investment property | 5 |  | 245,000 |  | 313,798
|  |  | 1,735,129 |  | 1,556,945
Current assets |  |  |  |  |
Stocks |  | 68,651 |  | 76,000 |
Debtors: amounts falling due within one year | 6 | 431,910 |  | 435,081 |
Current asset investments | 7 | 169,509 |  | 169,509 |
Cash at bank and in hand |  | 535,255 |  | 930,130 |
|  | 1,205,325 |  | 1,610,720 |
Creditors: amounts falling due within one year | 8 | (497,392) |  | (1,072,997) |
Net current assets |  |  | 707,933 |  | 537,723
Total assets less current liabilities |  |  | 2,443,062 |  | 2,094,668
Provisions for liabilities |  |  |  |  |
Deferred tax | 9 | (178,893) |  | (121,723) |
|  |  | (178,893) |  | (121,723)
Net assets |  |  | 2,264,169 |  | 1,972,945
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 100 |  | 100
Revaluation reserve | 11 |  | 158,744 |  | 140,444
Profit and loss account | 11 |  | 2,105,325 |  | 1,832,401
|  |  | 2,264,169 |  | 1,972,945
Page 1
RTJ INTERNATIONAL LIMITED REGISTERED NUMBER: 01609655 STATEMENT OF FINANCIAL POSITION (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 statement of income and retained earnings 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 on 18 July 2025.
Scott Ellis
Director
The notes on pages 3 to 10 form part of these financial statements. Page 2
RTJ INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
The company is registered in England and Wales. Its' registered office is Racecourse Road, Pinvin Indistrial Estate, Pershore, Worcestershire, WR10 2EY. The principal activity continues to be that of steel stockholders and specialised fabrications. 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 | Revenue
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.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. Page 3
RTJ INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.5 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. 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 income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting 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 reporting 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 reporting 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. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows:. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 2% Straight line
|  |  |  | Plant and machinery | - | 25% reducing balance
|  |  |  | Motor vehicles | - | 25% reducing balance
|  |  |  | Office equipment | - | 25% straight line
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. Page 4
RTJ INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.7 | Revaluation of tangible fixed assets
Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date. Fair values are determined from market based evidence normally undertaken by professionally qualified valuers. Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
| 2.8 | Investment property
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.
| 2.9 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.10 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.11 | 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.
| 2.12 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 5
RTJ INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.13 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
| 2.14 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2023 - 3).
Page 6
RTJ INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
4. | Tangible fixed assets
|  | Freehold property | Plant and machinery | Motor vehicles | Office equipment | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 January 2024 | 915,000 | 861,798 | 68,104 | 60,398 | 1,905,300
| Additions | - | 58,686 | 56,750 | 1,157 | 116,593
| Disposals | - | - | (20,000) | - | (20,000)
| Revaluations | 255,000 | - | - | - | 255,000
| At 31 December 2024 | 1,170,000 | 920,484 | 104,854 | 61,555 | 2,256,893
| Depreciation |  |  |  |  |
| At 1 January 2024 | 18,300 | 534,858 | 68,104 | 40,891 | 662,153
| Charge for the year on owned assets | - | 124,528 | 9,458 | 8,925 | 142,911
| Disposals | - | - | (20,000) | - | (20,000)
| On revalued assets | (18,300) | - | - | - | (18,300)
| At 31 December 2024 | - | 659,386 | 57,562 | 49,816 | 766,764
| Net book value |  |  |  |  |
| At 31 December 2024 | 1,170,000 | 261,098 | 47,292 | 11,739 | 1,490,129
| At 31 December 2023 | 896,700 | 326,940 | - | 19,507 | 1,243,147
Page 7
RTJ INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 January 2024 | 313,798
| Additions at cost | 48,161
| Surplus on revaluation | (116,959)
| At 31 December 2024 | 245,000
The 2024 valuations were made by the directors , on an open market value for existing use basis.
| At 31 December 2024
| If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Historic cost | 355,178 | 313,798
|  | 355,178 | 313,798
Page 8
RTJ INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 301,455 | 351,237
| Other debtors | 127,588 | 83,844
| Prepayments and accrued income | 2,867 | -
|  | 431,910 | 435,081
7. | Current asset investments
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Unlisted investments | 169,509 | 169,509
|  | 169,509 | 169,509
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 43,283 | 147,989
| Corporation tax | 73,370 | 114,504
| Other taxation and social security | 27,518 | 40,236
| Other creditors | 187,919 | 367,743
| Accruals and deferred income | 165,302 | 402,525
|  | 497,392 | 1,072,997
Page 9
RTJ INTERNATIONAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
9. | Deferred taxation
|  | 2024 | 2023
|  | £ | £
| At beginning of year | 121,723 | 83,838
| Charged to profit or loss | 57,170 | 37,885
| At end of year | 178,893 | 121,723
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Accelerated capital allowances | 80,032 | 86,612
| Property Revaluation | 98,861 | 35,111
|  | 178,893 | 121,723
10. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 72 (2023 - 72) ordinary 'A' shares shares of £1.00 each | 72 | 72
|  | 25 (2023 - 25) ordinary 'B' shares shares of £1.00 each | 25 | 25
|  | 3 (2023 - 3) ordinary 'C' shares shares of £1.00 each | 3 | 3
|  |  | 100 | 100
11. | Reserves
Revaluation reserve Included within the revaluation reserve is an udistributable freehold property revaluation of £140,444.
12. | Controlling party
The controlling interest in the company is held by Scott Ellis.
Page 10