REGISTERED NUMBER: 06674645 (England and Wales)

RP SUPPORT LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

409,960

362,010

CURRENT ASSETS

Stocks

5

3,849,206

5,252,948

Debtors

6

5,701,192

7,484,909

Cash at bank

2,113,319

3,057,873

11,663,717

15,795,730

CREDITORS

Amounts falling due within one year

7

16,137,059

15,098,979

NET CURRENT (LIABILITIES)/ASSETS

(4,473,342

)

696,751

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,063,382

)

1,058,761

PROVISIONS FOR LIABILITIES

9

49,657

49,657

NET (LIABILITIES)/ASSETS

(4,113,039

)

1,009,104

CAPITAL AND RESERVES

Called up share capital

10

40

40

Capital redemption reserve

11

20

20

Retained earnings

11

(4,113,099

)

1,009,044

SHAREHOLDERS' FUNDS

(4,113,039

)

1,009,104

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

Mr A Langfeld - Director

1.	STATUTORY INFORMATION

Rp Support Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06674645

Registered office:

3 Premus Coldharbour Way

Aylesbury

Buckinghamshire

United Kingdom

HP19 8AP

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

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.

Going concern

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

Preparation of consolidated financial statements

The financial statements contain information about Rp Support Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances..

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Tangible fixed assets

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

Improvements to property

-

over the term of the lease

Plant and machinery

-

Straight line over 5 years

Fixtures and fittings

-

Straight line over 4 years

Stocks and work in progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are

recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Foreign currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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.

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2023 - 36 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 January 2024

21,887

494,632

105,312

621,831

Additions

-

152,342

6,980

159,322

Disposals

-

(31

)

-

(31

)

At 31 December 2024

21,887

646,943

112,292

781,122

DEPRECIATION

At 1 January 2024

21,887

198,210

39,724

259,821

Charge for year

-

91,417

19,924

111,341

At 31 December 2024

21,887

289,627

59,648

371,162

NET BOOK VALUE

At 31 December 2024

-

357,316

52,644

409,960

At 31 December 2023

-

296,422

65,588

362,010

5.

STOCKS

2024

2023

£

£

Stocks

3,849,206

5,252,948

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

174,802

560,549

Amounts due from group

undertakings

5,249,798

6,887,651

Other debtors

276,592

36,709

5,701,192

7,484,909

Amounts due from group undertakings are interest free and repayable on demand

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

584,295

1,051,204

Social security and other taxes

83,301

534,044

Other creditors

690,635

1,046,628

Amounts owed to group

undertakings

14,778,828

12,467,103

16,137,059

15,098,979

Amounts owed to group undertakings are interest free and repayable on demand

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

103,800

103,800

Between one and five years

360,000

360,000

In more than five years

33,750

33,750

497,550

497,550

9.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

49,657

49,657

Deferred

tax

£

Balance at 1 January 2024

49,657

Balance at 31 December 2024

49,657

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

40

Ordinary

1

40

40

11.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 January 2024

1,009,044

20

1,009,064

Deficit for the year

(5,122,143

)

(5,122,143

)

At 31 December 2024

(4,113,099

)

20

(4,113,079

)

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

The Report of the Auditors was unqualified.

Domenico Maurello (Senior Statutory Auditor)

for and on behalf of Jones Hunt & Keelings, Statutory Auditor

13.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

14.	ULTIMATE CONTROLLING PARTY

The company's immediate parent undertaking is Stratasys Solutions Limited. Stratasys Solutions Limited was incorporated in England and Wales.

The ultimate parent undertaking is Stratasys Limited (incorporated in Israel), a company traded on NASDAQ. Copies of Stratasys Limited consolidated financial statements can be obtained from their website, www.stratasys.com. In the opinion of the Directors there is no ultimate controlling party.