Caseware UK (AP4) 2025.0.111 2025.0.111 2025-03-31 2025-03-31 6 true 2024-04-01 false No description of principal activity 3 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14691673 2024-04-01 2025-03-31 14691673 2023-02-27 2024-03-31 14691673 2025-03-31 14691673 2024-03-31 14691673 c:Director1 2024-04-01 2025-03-31 14691673 d:Buildings d:ShortLeaseholdAssets 2024-04-01 2025-03-31 14691673 d:Buildings d:ShortLeaseholdAssets 2025-03-31 14691673 d:Buildings d:ShortLeaseholdAssets 2024-03-31 14691673 d:PlantMachinery 2024-04-01 2025-03-31 14691673 d:PlantMachinery 2025-03-31 14691673 d:PlantMachinery 2024-03-31 14691673 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14691673 d:FurnitureFittings 2024-04-01 2025-03-31 14691673 d:FurnitureFittings 2025-03-31 14691673 d:FurnitureFittings 2024-03-31 14691673 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14691673 d:OfficeEquipment 2025-03-31 14691673 d:OfficeEquipment 2024-03-31 14691673 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14691673 d:ComputerEquipment 2024-04-01 2025-03-31 14691673 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14691673 d:CurrentFinancialInstruments 2025-03-31 14691673 d:CurrentFinancialInstruments 2024-03-31 14691673 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 14691673 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14691673 d:ShareCapital 2025-03-31 14691673 d:ShareCapital 2024-03-31 14691673 d:RetainedEarningsAccumulatedLosses 2025-03-31 14691673 d:RetainedEarningsAccumulatedLosses 2024-03-31 14691673 c:OrdinaryShareClass1 2024-04-01 2025-03-31 14691673 c:OrdinaryShareClass1 2025-03-31 14691673 c:OrdinaryShareClass1 2024-03-31 14691673 c:FRS102 2024-04-01 2025-03-31 14691673 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14691673 c:FullAccounts 2024-04-01 2025-03-31 14691673 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14691673 d:WithinOneYear 2025-03-31 14691673 d:WithinOneYear 2024-03-31 14691673 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14691673 R.P.I. ENGINEERING LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
R.P.I. ENGINEERING LIMITED REGISTERED NUMBER: 14691673 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 22,327 |  | 26,199
|  |  | 22,327 |  | 26,199
Current assets |  |  |  |  |
Stocks |  | 1,000 |  | 11,890 |
Debtors: amounts falling due within one year | 6 | 12,099 |  | 11,030 |
Cash at bank and in hand | 7 | 1,962 |  | 11,430 |
|  | 15,061 |  | 34,350 |
Creditors: amounts falling due within one year | 8 | (81,142) |  | (129,779) |
Net current liabilities |  |  | (66,081) |  | (95,429)
Total assets less current liabilities |  |  | (43,754) |  | (69,230)
Net liabilities |  |  | (43,754) |  | (69,230)
Capital and reserves |  |  |  |  |
Called up share capital | 9 |  | 100 |  | 100
Profit and loss account |  |  | (43,854) |  | (69,330)
|  |  | (43,754) |  | (69,230)
Page 1
R.P.I. ENGINEERING LIMITED REGISTERED NUMBER: 14691673 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The director considers 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 director acknowledges his 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 profit and loss account 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 2 July 2026.
C T Crane
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
R.P.I. ENGINEERING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
R.P.I. Engineering Limited is a private company limited by shares, incorporated in England and Wales on 27 February 2023, with a company registration number of 14691673. The address of the registered office is Anglia House, 6 Central Avenue, St Andrews Business Park, Thorpe St Andrew, Norwich, Norfolk, NR7 0HR. 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and 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 | Going concern
The financial statements have been prepared on a going concern basis despite the company recording net current liabilities of £66,081 (2024 - £95,429) and an overall deficit of £43,754 (2024 - £69,230). The company continues to be supported by its director, and there are no indications this support will be withdrawn. On this basis the director considers that the resources available to the company will be sufficient for it to be able to continue as a going concern and has considered a period of at least twelve months from the date of the signed accounts. The financial statements do not contain any adjustments that would be required if the company were not able to continue as a going concern.
| 2.3 | 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.
| 2.4 | 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
R.P.I. ENGINEERING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 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. Depreciation is provided on the following basis:
|  |  |  | Short-term leasehold improvements | - | straightline over 10 years
|  |  |  | Plant and equipment | - | 15% reducing balance basis
|  |  |  | Fixtures and fittings | - | 15% reducing balance basis
|  |  |  | Computer equipment | - | straightline over 3 years
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.
| 2.7 | 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 balance sheet 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.
| 2.8 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Page 4
R.P.I. ENGINEERING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.9 | 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.
| 2.10 | 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.
| 2.11 | 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. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Page 5
R.P.I. ENGINEERING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2024 - 6).
4. | Factors affecting future tax charges
The company has tax losses carried forward of £43,587 (2024 £68,584) available to use against future trading profits.
5. | Tangible fixed assets
|  | Short-term leasehold property improvement | Plant and equipment | Fixtures and fittings | Computer equipment | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 April 2024 | 750 | 18,500 | 11,500 | 1,000 | 31,750
| At 31 March 2025 | 750 | 18,500 | 11,500 | 1,000 | 31,750
| Depreciation |  |  |  |  |
| At 1 April 2024 | 75 | 2,756 | 1,721 | 999 | 5,551
| Charge for the year on owned assets | 75 | 2,336 | 1,461 | - | 3,872
| At 31 March 2025 | 150 | 5,092 | 3,182 | 999 | 9,423
| Net book value |  |  |  |  |
| At 31 March 2025 | 600 | 13,408 | 8,318 | 1 | 22,327
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 908 | 1,036
| Amounts owed by associated company | 11,191 | 9,994
|  | 12,099 | 11,030
Page 6
R.P.I. ENGINEERING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 1,962 | 11,430
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 13,720 | 32,525
| Other taxation and social security | 8,952 | 6,359
| Other creditors | 55,361 | 65,489
| Accruals and deferred income | 3,109 | 25,406
|  | 81,142 | 129,779
9. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
10. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £363 (2024 £1,314). No contributions (2024 £67) were payable to the fund at the balance sheet date and are included in creditors.
11. | Commitments under operating leases
| At 31 March 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | - | 3,898
Page 7