REGISTERED NUMBER: SC451840 (Scotland)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Richmond Containers CTP Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

66,173

-

Tangible assets

5

1,169,218

1,178,020

1,235,391

1,178,020

CURRENT ASSETS

Stocks

1,494,258

1,257,252

Debtors

6

1,477,309

1,110,769

Cash at bank and in hand

1,410,736

2,506,098

4,382,303

4,874,119

CREDITORS

Amounts falling due within one year

7

(1,142,640

)

(1,777,282

)

NET CURRENT ASSETS

3,239,663

3,096,837

TOTAL ASSETS LESS CURRENT LIABILITIES

4,475,054

4,274,857

CREDITORS

Amounts falling due after more than one year

8

(26,861

)

(36,601

)

PROVISIONS FOR LIABILITIES

(50,986

)

(35,398

)

NET ASSETS

4,397,207

4,202,858

CAPITAL AND RESERVES

Called up share capital

360,000

360,000

Retained earnings

4,037,207

3,842,858

4,397,207

4,202,858

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 April 2026 and were signed on its behalf by:

Mr R Steven - Director

1.	STATUTORY INFORMATION

Richmond Containers CTP Ltd is a private company, limited by shares, domiciled in Scotland, registration number SC451840. The registered office is 2 Redwood Avenue, East Kilbride, Glasgow, G74 5PE.

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.

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.

Turnover

Turnover represents net invoiced sales of goods in respect of packaging activities, excluding value added tax. Sales are recognised at the point at which the goods are delivered.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets and depreciation

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

33% on cost, 25% on reducing balance, 25% on cost and 20% on reducing balance

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any incidental costs of acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible fixed assets are depreciated to nil value.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is represented by purchase price.

Taxation

Taxation for the year 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 year 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.

Provisions

Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 40 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

76,061

At 31 December 2025

76,061

AMORTISATION

Charge for year

9,888

At 31 December 2025

9,888

NET BOOK VALUE

At 31 December 2025

66,173

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

1,225,573

636,041

1,861,614

Additions

14,535

72,354

86,889

Disposals

-

(45,941

)

(45,941

)

At 31 December 2025

1,240,108

662,454

1,902,562

DEPRECIATION

At 1 January 2025

210,097

473,497

683,594

Charge for year

44,751

49,152

93,903

Eliminated on disposal

-

(44,153

)

(44,153

)

At 31 December 2025

254,848

478,496

733,344

NET BOOK VALUE

At 31 December 2025

985,260

183,958

1,169,218

At 31 December 2024

1,015,476

162,544

1,178,020

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

939,915

990,212

Amounts owed by related parties

451,763

-

Other debtors

85,631

120,557

1,477,309

1,110,769

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

190,650

280,780

Amounts owed to group undertakings

-

411,677

Taxation and social security

472,559

475,189

Other creditors

479,431

609,636

1,142,640

1,777,282

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

26,861

36,601

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

-

485

9.	RELATED PARTY DISCLOSURES

Richmond Containers CTP Ltd is owed funds by a related party of £451,763 at 31st December 2025.

10.	ULTIMATE PARENT ENTITY

The ultimate parent company is RISIO Group Ltd. The registered office of this company is 2 Redwood Avenue, East Kilbride, Glasgow, Scotland, G74 5PE.