ACCOUNTS - Final Accounts

Company registration number: 03735951

	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	RAPTAKOS, BRETT U.K. LIMITED


RAPTAKOS, BRETT U.K. LIMITED

COMPANY INFORMATION

Directors	D P Greene
	A H Panot


Company secretary	B N Patel


Registered number	03735951


Registered office	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


Independent auditor	Menzies LLP
	Chartered Accountants & Statutory Auditor
	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


RAPTAKOS, BRETT U.K. LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 6


RAPTAKOS, BRETT U.K. LIMITED REGISTERED NUMBER:03735951

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		2,967,192		3,036,869
			2,967,192		3,036,869
Current assets
Debtors: amounts falling due within one year	5	755,481		635,295
Current asset investments	6	1,361,063		1,119,319
Cash at bank and in hand		86,070		61,022
		2,202,614		1,815,636
Creditors: amounts falling due within one year	7	(117,972)		(90,591)
Net current assets			2,084,642		1,725,045
Total assets less current liabilities			5,051,834		4,761,914

Net assets			5,051,834		4,761,914

Capital and reserves
Called up share capital	8	2,898,300	2,898,300
Share premium account		127,200	127,200
Profit and loss account		2,026,334	1,736,414
		5,051,834	4,761,914

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 comprehensive income 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 by:

D P Greene

Director

Date: 18 September 2025

The notes on pages 2 to 6 form part of these financial statements.

Page 1


RAPTAKOS, BRETT U.K. LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Raptakos, Brett U.K. Limited is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. There is no principal place of business.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.3

Revenue

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes. Revenue is recognised when the invoice for commission charges is presented to the customer. The Company acts as an agent for the sale of goods and receives commission based on the value of sales made.

Page 2


RAPTAKOS, BRETT U.K. LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.4

Taxation

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.

2.5

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, using the straight-line method.

Depreciation is provided on the following basis:

				Long-term leasehold property	-	2%
				Fixtures and fittings	-	25%

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 3


RAPTAKOS, BRETT U.K. LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

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.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Employees

The average monthly number of employees, including directors, during the year was 3.

4.	Tangible fixed assets

	Long-term leasehold property	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 1 April 2024	3,483,861	5,703	3,489,564
At 31 March 2025	3,483,861	5,703	3,489,564
Depreciation
At 1 April 2024	446,992	5,703	452,695
Charge for the year on owned assets	69,677	-	69,677
At 31 March 2025	516,669	5,703	522,372
Net book value
At 31 March 2025	2,967,192	-	2,967,192
At 31 March 2024	3,036,869	-	3,036,869

Page 4


RAPTAKOS, BRETT U.K. LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	752,656	622,941
Other debtors	2,107	4,019
Prepayments and accrued income	718	8,335
	755,481	635,295

6.	Current asset investments
		2025	2024
		£	£

Listed investments	1,361,063	1,119,319
	1,361,063	1,119,319

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	86,994	59,613
Accruals and deferred income	30,978	30,978
	117,972	90,591

Page 5


RAPTAKOS, BRETT U.K. LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

3,300 (2024 - 3,300) Ordinary shares of £1.00 each	3,300	3,300
2,895,000 (2024 - 2,895,000) Convertible redeemable preference shares of £1.00 each	2,895,000	2,895,000

	2,898,300	2,898,300

The preference shares do not carry any voting rights; have no right to a dividend; shall have rights to a return of capital at the option of the Company and shall have the rights to conversion into Ordinary shares on mutually agreed terms between the Company and the holder of the Preference shares.

9.	Related party transactions
	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.

10.	Controlling party

The ultimate controlling party is considered to be Raptakos, Brett & Company Ltd., a company incorporated in India.
The parent of the smallest group for which consolidated financial statements are drawn up is Raptakos, Brett & Company Ltd., a company incorporated in India. The address of their registered office is 253, Dr Annie Besant Road,
Worli, Mumbai – 400 030, India.

11.	Auditor's information

The auditor's report on the financial statements for the year ended 31 March 2025 was unqualified.

The audit report was signed on 18 September 2025 by Nimita Chan FCCA (Senior Statutory Auditor) on behalf of Menzies LLP.

Page 6