REGISTERED NUMBER: 12136222 (England and Wales)

Financial Statements for the Period 31 August 2023 to 31 October 2024

for

DT Rapid Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D W Taylor

REGISTERED OFFICE:

116 Duke Street

Liverpool

Merseyside

L1 5JW

REGISTERED NUMBER:

12136222 (England and Wales)

ACCOUNTANTS:

Cobham Murphy

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Investments

4

782,202

852,766

CURRENT ASSETS

Debtors

5

837,573

1,012,395

Cash at bank

730,705

79,744

1,568,278

1,092,139

CREDITORS

Amounts falling due within one year

6

19,329

4,473

NET CURRENT ASSETS

1,548,949

1,087,666

TOTAL ASSETS LESS CURRENT LIABILITIES

2,331,151

1,940,432

PROVISIONS FOR LIABILITIES

7,359

-

NET ASSETS

2,323,792

1,940,432

CAPITAL AND RESERVES

Called up share capital

240

240

Share premium

635,077

635,077

Retained earnings

1,688,475

1,305,115

2,323,792

1,940,432

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 29 October 2025 and were signed by:

D W Taylor - Director

1.	STATUTORY INFORMATION

DT Rapid Holdings 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.	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 as modified by the revaluation of certain assets.

Related party exemption

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.

Significant judgements and estimates

There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

.

Taxation

Taxation for the period 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 period 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 31 August 2023

635,177

217,589

852,766

Revaluations

-

29,436

29,436

Reclassification/transfer

-

(100,000

)

(100,000

)

At 31 October 2024

635,177

147,025

782,202

NET BOOK VALUE

At 31 October 2024

635,177

147,025

782,202

At 30 August 2023

635,177

217,589

852,766

Cost or valuation at 31 October 2024 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2024

-

29,436

29,436

Cost

635,177

117,589

752,766

635,177

147,025

782,202

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

30.8.23

£

£

Amounts owed by associates

776,387

893,116

Other debtors

61,186

119,279

837,573

1,012,395

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

30.8.23

£

£

Taxation and social security

17,831

3,284

Other creditors

1,498

1,189

19,329

4,473

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Mr D Taylor, a director operates a current account to which transactions of a private nature are charged. Included in debtors at 31st October 2024 is £59,187 (2023 £117,278) owed to the company. The loan is repayable on demand and includes interest at 2.25%.

8.	RELATED PARTY DISCLOSURES

Included in debtors at 31st October 2024 is £270,270 owed from a related party under common control. The loan is repayable on demand and interest free.