Company registration number 03112573 (England and Wales)
ROCKET GRAPHICS LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ROCKET GRAPHICS LIMITED
COMPANY INFORMATION
Directors
M Green
(Appointed 20 February 2025)
B Roux
(Appointed 15 December 2025)
B Hazleton
(Appointed 20 May 2026)
Company number
03112573
Registered office
Trinity Court
Church Street
Rickmansworth
WD3 1RT
Auditor
Mercer & Hole LLP
Trinity Court
Church Street
Rickmansworth
WD3 1RT
ROCKET GRAPHICS LIMITED
CONTENTS
Page
Strategic report
1
Directors' report
2 - 3
Directors' responsibilities statement
4
Independent auditor's report
5 - 7
Profit and loss account
8
Statement of comprehensive income
9
Balance sheet
10
Statement of changes in equity
11
Statement of cash flows
12
Notes to the financial statements
13 - 26
ROCKET GRAPHICS LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
- 1 -

The directors present the strategic report for the year ended 31 December 2024.

Review of the business

1. Introduction

The Directors present their Strategic Report for Rocket Graphics Ltd for the year ended 31 December 2024. The Company operates in large format printing and creative production services, delivering design, production and installation solutions.

2. Business Overview

Rocket Graphics Ltd provides large-format graphics solutions across retail, exhibitions, events and corporate environments. The business focuses on quality, innovation and sustainable production methods.

3. Review of the Year

The 2024 financial year presented ongoing cost pressures and cautious client spending. Despite this, the business maintained stable operations, preserved key client relationships and sustained trading performance.

4. Strategic Priorities

Key priorities included client retention, operational efficiency, sustainable production, and strengthening market positioning through high-value projects.

5. Principal Risks and Uncertainties

Key risks include market demand fluctuations, cost inflation, cashflow pressures, operational capacity constraints and competitive pricing within the sector.

6. Key Performance Indicators

The Company monitors revenue, profit, cashflow, production efficiency and customer retention to assess performance and inform decision-making.

7. Sustainability

The Company continues to prioritise environmentally responsible practices, including sustainable materials, waste reduction and efficiency improvements.

8. Future Outlook

On 20 th February 2025 the parent company was acquired by WP Green Limited which is an investment holding company in the UK for Moss Inc. Moss Inc is a leading producer of premium graphics, complex structures and custom installations for branded experiences and the purchase was made to further expand their operations in the UK. During 2025 all trading activities of the business were fully integrated into Moss’s existing operations within the UK resulting in a winding down of activity within the company.

On behalf of the board

M Green
Director
17 July 2026
ROCKET GRAPHICS LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -

The directors present their annual report and financial statements for the year ended 31 December 2024.

Principal activities

The principal activity of the Company during the year was the provision of large-format graphics, printing, and related creative production and installation services. There were no significant changes in the nature of the Company’s activities during the year.

Business Review and State of Affairs

The Company operated within a competitive and evolving large-format print and graphics market throughout 2024. The year was characterised by ongoing cost pressures and cautious client spending. Despite these challenges, the Company maintained stable trading performance, preserved strong client relationships, and continued to deliver high-quality services across its core markets.

Results and dividends

The results for the year are set out on page 8.

No ordinary dividends were paid. The directors do not recommend payment of a final dividend.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

T J Porter
(Resigned 15 December 2025)
O P Bridgeman
(Resigned 15 December 2025)
J Fieber
(Appointed 20 February 2025 and resigned 15 December 2025)
M Green
(Appointed 20 February 2025)
B Roux
(Appointed 15 December 2025)
B Hazleton
(Appointed 20 May 2026)
Post reporting date events

After the year end the parent company was acquired by Moss UK Limited. This purchase of the shares of Rocketworld Limited (the parent) was completed on 20 February 2025. Both the company and the parent hived up and ceased to trade in August 2025.

Future developments

On 20 th February 2025 the parent company was acquired by WP Green Limited which is an investment holding company in the UK for Moss Inc. Moss Inc is a leading producer of premium graphics, complex structures and custom installations for branded experiences and the purchase was made to further expand their operations in the UK. During 2025 all trading activities of the business were fully integrated into Moss’s existing operations within the UK resulting in a winding down of activity within the company.

Auditor

Mercer & Hole LLP were appointed as auditor to the company and in accordance with section 485 of the Companies Act 2006, a resolution proposing that they be re-appointed will be put at a General Meeting.

Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.

ROCKET GRAPHICS LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
Medium-sized companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the medium-sized companies exemption.

On behalf of the board
M Green
Director
17 July 2026
ROCKET GRAPHICS LIMITED
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ROCKET GRAPHICS LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF ROCKET GRAPHICS LIMITED
- 5 -

Disclaimer of Opinion

We were engaged to audit the financial statements of Rocket Graphics Limited (the 'company') for the year ended 31 December 2024 which comprise the statement of comprehensive income, the balance sheet, the statement of changes in equity, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

We do not express an opinion on the accompanying financial statements of company. Because of the significance of the matter described in the basis for disclaimer of opinion section of our report, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on these financial statements.

Basis for disclaimer of opinion

The parent company, Rocketworld Limited was acquired on 20 February 2025 and, following the acquisition, a number of key finance personnel left the business. As a result, current management has limited access to historical records and detailed knowledge of the Company's revenue recognition, work in progress and sales cut-off processes.

Management has been unable to provide sufficient appropriate evidence or satisfactory explanations in relation to certain sales transactions, the operation of sales cut-off controls and the completeness of work in progress. Consequently, we were unable to obtain sufficient appropriate audit evidence to determine whether revenue and work in progress had been recognised in the correct accounting period or whether all necessary adjustments had been recorded.

This limitation has a consequential effect on revenue, trade debtors, accrued income, work in progress, cost of sales and other related balance sheet and profit and loss account balances. Alternative audit procedures did not provide sufficient appropriate audit evidence regarding the completeness, existence, accuracy, valuation or presentation of these amounts.

As noted in the Other Matter section, the prior year financial statements were unaudited and these matters may also affect the comparative figures and so the opening balances of this period. Accordingly, we were unable to determine whether any adjustments were necessary to the amounts recognised in the financial statements. Consequently, we were unable to obtain sufficient appropriate audit evidence on which to base an audit opinion on the financial statements.

Emphasis of matter

We draw attention to the disclosures made in the accounting policies note in the financial statements, which explains that, post year end, the company ceased to trade. The directors have concluded that it is no longer appropriate to prepare financial statements on a going concern basis. There have been no adjustments to the carrying values of assets and liabilities as a result of the application of the basis other than going concern. Our opinion is not modified in respect of this matter.

Opinions on other matters prescribed by the Companies Act 2006

Because of the significance of the matter described in the basis for disclaimer of opinion section of our report, we have been unable to form an opinion, whether based on the work undertaken in the course of the audit:

- the information given in the strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements

ROCKET GRAPHICS LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF ROCKET GRAPHICS LIMITED (CONTINUED)
- 6 -
Matters on which we are required to report by exception

Notwithstanding our disclaimer of an opinion on the financial statements, in the light of the knowledge and understanding of the company and its environment obtained in the course of the audit performed subject to the pervasive limitation described above, we have not identified material misstatement in the strategic report or the directors' report.

Arising from the limitation of our work referred to above:

- we have not obtained all the information and explanations that we considered necessary for the purpose of our audit; and

- we were unable to determine whether adequate accounting records have been kept.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- returns adequate for our audit have not been received from branches not visited by us; or

- certain disclosures of directors' remuneration specified by law are not made.

Responsibilities of directors

As explained more fully in the directors' r esponsibilities s tatement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our responsibility is to conduct an audit of the company's financial statements in accordance with International Standard on Auditing (UK) and to issue an auditor's report.

However, because of the matter described in the basis for disclaimer of opinion section of our report, we were not able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on these financial statements.

We are independent of the company in accordance with the ethical requirements that are relevant to out audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

ROCKET GRAPHICS LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF ROCKET GRAPHICS LIMITED (CONTINUED)
- 7 -

We gained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates and considered the risk of acts by the company that were contrary to applicable laws and regulations, including fraud. These included, but were not limited to Companies Act 2006 and tax legislation.

As a result of the matter disclosed in the basis of disclaimer of opinion paragraph above, we were unable to carry out the following procedures:

- Test of a sample of manual journal entries, based on the entity's processes and controls surround manual journal entries;

- Review and challenge estimates made by management; and

- Substantive tests of revenue transactions.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non- compliance and cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Other matters

The prior year financial statements were unaudited, given the conditions described above we do not express an opinion on the comparative balances in the financial statements.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Anil Kapoor (Senior Statutory Auditor)
For and on behalf of Mercer & Hole LLP, Statutory Auditor
Chartered Accountants
Trinity Court
Church Street
Rickmansworth
WD3 1RT
17 July 2026
ROCKET GRAPHICS LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
- 8 -
2024
2023
(unaudited)
Notes
£
£
Turnover
3
11,889,709
11,779,851
Cost of sales
(8,960,142)
(9,192,627)
Gross profit
2,929,567
2,587,224
Distribution costs
(741,484)
(615,622)
Administrative expenses
(1,919,665)
(1,548,183)
Operating profit
4
268,418
423,419
Interest receivable and similar income
8
4,440
4,875
Interest payable and similar expenses
9
(48,691)
(59,852)
Profit before taxation
224,167
368,442
Tax on profit
10
(41,644)
(99,509)
Profit for the financial year
182,523
268,933

The profit and loss account has been prepared on the basis that all operations are ceasing operations.

ROCKET GRAPHICS LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2024
- 9 -
2024
2023
£
£
Profit for the year
182,523
268,933
Other comprehensive income
-
-
Total comprehensive income for the year
182,523
268,933
ROCKET GRAPHICS LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 10 -
2024
2023
(unaudited)
Notes
£
£
£
£
Fixed assets
Intangible assets
12
75,017
93,030
Tangible assets
13
385,681
514,282
460,698
607,312
Current assets
Stocks
14
121,808
163,505
Debtors
15
1,679,654
2,101,627
Cash at bank and in hand
529,686
200,368
2,331,148
2,465,500
Creditors: amounts falling due within one year
16
(1,847,242)
(1,972,916)
Net current assets
483,906
492,584
Total assets less current liabilities
944,604
1,099,896
Creditors: amounts falling due after more than one year
17
-
0
(387,594)
Provisions for liabilities
Deferred tax liability
20
64,158
14,379
(64,158)
(14,379)
Net assets
880,446
697,923
Capital and reserves
Called up share capital
23
30,500
30,500
Capital redemption reserve
500
500
Profit and loss reserves
849,446
666,923
Total equity
880,446
697,923

These financial statements have been prepared in accordance with the provisions relating to medium-sized companies.

The financial statements were approved by the board of directors and authorised for issue on 17 July 2026 and are signed on its behalf by:
M Green
Director
Company registration number 03112573 (England and Wales)
ROCKET GRAPHICS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024
- 11 -
Share capital
Capital redemption reserve
Profit and loss reserves
Total
Notes
£
£
£
£
Balance at 1 January 2023
30,500
500
497,990
528,990
Year ended 31 December 2023:
Profit and total comprehensive income
-
-
268,933
268,933
Dividends
11
-
-
(100,000)
(100,000)
Balance at 31 December 2023
30,500
500
666,923
697,923
Year ended 31 December 2024:
Profit and total comprehensive income
-
-
182,523
182,523
Balance at 31 December 2024
30,500
500
849,446
880,446
ROCKET GRAPHICS LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 12 -
2024
2023
(unaudited)
Notes
£
£
£
£
Cash flows from operating activities
Cash generated from operations
29
872,250
234,765
Interest paid
(48,691)
(59,852)
Income taxes (paid)/refunded
(67,282)
3,375
Net cash inflow from operating activities
756,277
178,288
Investing activities
Purchase of intangible assets
(17,290)
(45,900)
Purchase of tangible fixed assets
(42,012)
(104,513)
Repayment of loans
30,450
(30,450)
Interest received
4,440
4,875
Net cash used in investing activities
(24,412)
(175,988)
Financing activities
Repayment of borrowings
(105,000)
(90,833)
Repayment of bank loans
14,167
(29,167)
Payment of finance leases obligations
(151,179)
(176,531)
Dividends paid
-
0
(100,000)
Net cash used in financing activities
(242,012)
(396,531)
Net increase/(decrease) in cash and cash equivalents
489,853
(394,231)
Cash and cash equivalents at beginning of year
39,833
434,064
Cash and cash equivalents at end of year
529,686
39,833
Relating to:
Cash at bank and in hand
529,686
200,368
Bank overdrafts included in creditors payable within one year
-
0
(160,535)
ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 13 -
1
Accounting policies
Company information

Rocket Graphics Limited is a private company limited by shares incorporated in England and Wales. The registered office is Trinity Court, Church Street, Rickmansworth, WD3 1RT.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

After the year end, the parent company, Rocketworld Limited was subject to a full acquisition, which completed on 20 February 2025. The company ceased trading on 1 August 2025, with all trade being hived across to a subsidiary company of the acquiring group. It is for this reason that the Directors do not consider the company to be a going concern. The financial statements have therefore been prepared on a basis other than going concern. There have been no adjustments to the carrying value of the assets and liabilities as a result of the application of the basis other than the going concern.true

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of value added tax and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the production and s ale of graphic design is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on delivery or installation) the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.4
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Software
5 years straight line / 33% on cost
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 14 -

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment
20% on net book value / 25%/33.3%/40%/50% on cost
Motor vehicles
33.3% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and those overheads that have been incurred in bringing the stocks to their present location and condition.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.8
Cash and cash equivalents

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less. Bank overdrafts are shown within borrowings in current liabilities.

ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 15 -
1.9
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 balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of 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 deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 16 -
Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

1.10
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.11
Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.12
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.13
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.14
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to income on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease asset are consumed.

ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 17 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Turnover and other revenue

An analysis of the company's turnover is as follows:

2024
2023
£
£
Turnover analysed by class of business
Graphic Design
11,889,709
11,779,851
2024
2023
£
£
Turnover analysed by geographical market
United Kingdom
11,889,709
11,779,851
2024
2023
£
£
Other revenue
Interest income
4,440
4,875
4
Operating profit
2024
2023
Operating profit for the year is stated after charging:
£
£
Exchange losses
15
3,640
Depreciation of tangible fixed assets
170,613
251,541
Amortisation of intangible assets
35,303
5,303
5
Auditor's remuneration
2024
2023
Fees payable to the company's auditor and associates:
£
£
For audit services
Audit of the financial statements of the company
30,000
-
0
ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 18 -
6
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Production
50
45
Sales
9
7
Directors
2
2
Administration
4
3
Total
65
57

Their aggregate remuneration comprised:

2024
2023
£
£
Wages and salaries
3,191,447
2,727,611
Social security costs
349,763
337,865
Pension costs
75,354
64,442
3,616,564
3,129,918
7
Directors' remuneration
2024
2023
£
£
Remuneration for qualifying services
269,571
309,669
Company pension contributions to defined contribution schemes
11,360
10,600
280,931
320,269
Remuneration disclosed above include the following amounts paid to the highest paid director:
2024
2023
£
£
Remuneration for qualifying services
178,596
199,813
Company pension contributions to defined contribution schemes
8,360
110
ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 19 -
8
Interest receivable and similar income
2024
2023
£
£
Interest income
Interest on bank deposits
4,303
4,875
Other interest income
137
-
0
Total income
4,440
4,875
2024
2023
Investment income includes the following:
£
£
Interest on financial assets not measured at fair value through profit or loss
4,303
4,875
9
Interest payable and similar expenses
2024
2023
£
£
Interest on financial liabilities measured at amortised cost
Interest on bank overdrafts and loans
2,855
11,725
Other finance costs
Interest on finance leases and hire purchase contracts
45,836
48,127
48,691
59,852
10
Taxation
2024
2023
£
£
Current tax
UK corporation tax on profits for the current period
7,834
79,876
Adjustments in respect of prior periods
(15,969)
-
0
Total current tax
(8,135)
79,876
Deferred tax
Origination and reversal of timing differences
49,779
19,633
Total tax charge
41,644
99,509
ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
10
Taxation
(Continued)
- 20 -

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2024
2023
£
£
Profit before taxation
224,167
368,442
Expected tax charge based on the standard rate of corporation tax in the UK of 19.00% (2023: 23.52%)
42,592
86,658
Tax effect of expenses that are not deductible in determining taxable profit
9,040
8,468
Adjustments in respect of prior years
(15,969)
-
0
Remeasurement of deferred tax changes in tax rates
5,981
4,383
Taxation charge for the year
41,644
99,509
11
Dividends
2024
2023
£
£
Final paid
-
0
100,000
12
Intangible fixed assets
Software
£
Cost
At 1 January 2024
98,333
Additions
17,290
At 31 December 2024
115,623
Amortisation and impairment
At 1 January 2024
5,303
Amortisation charged for the year
35,303
At 31 December 2024
40,606
Carrying amount
At 31 December 2024
75,017
At 31 December 2023
93,030
ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 21 -
13
Tangible fixed assets
Fixtures, fittings & equipment
£
Cost
At 1 January 2024
2,359,419
Additions
42,012
At 31 December 2024
2,401,431
Depreciation and impairment
At 1 January 2024
1,845,137
Depreciation charged in the year
170,613
At 31 December 2024
2,015,750
Carrying amount
At 31 December 2024
385,681
At 31 December 2023
514,282

Included within tangible fixed assets are assets held under finance leases or hire purchase contracts, as follows:

2024
2023
£
£
Plant and machinery
283,001
406,184
14
Stocks
2024
2023
£
£
Finished goods
121,808
163,505
15
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1,333,962
1,836,304
Other debtors
75,405
54,160
Prepayments and accrued income
270,287
211,163
1,679,654
2,101,627
ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 22 -
16
Creditors: amounts falling due within one year
2024
2023
Notes
£
£
Bank loans and overdrafts
18
105,000
251,368
Obligations under finance leases
19
282,594
151,179
Trade creditors
513,885
627,361
Amounts owed to group undertakings
500
500
Corporation tax
7,834
83,251
Other taxation and social security
283,839
345,720
Deferred income
21
54,261
43,592
Other creditors
13,444
20,725
Accruals and deferred income
585,885
449,220
1,847,242
1,972,916

Included in accruals and deferred income is an amount of £500,000 (2024: £354,187) in respect of dilapidations of the rental property.

17
Creditors: amounts falling due after more than one year
2024
2023
Notes
£
£
Obligations under finance leases
19
-
0
282,594
Other borrowings
18
-
0
105,000
-
0
387,594

Creditors due within more than one year were reclassified into short term creditors, as following the acquisition of the parent company, the amounts that were due under longer terms, were subsequently settled within one year, as the company ceased to trade on 1 August 2025.

18
Loans and overdrafts
2024
2023
£
£
Bank loans
105,000
90,833
Bank overdrafts
-
0
160,535
Other loans
-
0
105,000
105,000
356,368
Payable within one year
105,000
251,368
Payable after one year
-
0
105,000

The hire purchase obligations are secured over the assets to which they relate to.

ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
18
Loans and overdrafts
(Continued)
- 23 -

The bank loan is secured by a fixed and floating charge over the assets of the company dated 2 October 2013.

19
Finance lease obligations
2024
2023
Amounts due:
£
£
Within one year
282,594
151,179
After more than one year
-
0
282,594
282,594
433,773
2024
2023
Future minimum lease payments due under finance leases:
£
£
Within one year
94,198
151,179
In two to five years
188,396
282,594
282,594
433,773

Finance lease payments represent rentals payable by the company for certain items of plant and machinery. Leases include purchase options at the end of the lease period, and no restrictions are placed on the use of the assets.

20
Deferred taxation

Deferred tax assets and liabilities are offset where the company has a legally enforceable right to do so. The following is the analysis of the deferred tax balances (after offset) for financial reporting purposes:

Liabilities
Liabilities
2024
2023
Balances:
£
£
Accelerated capital allowances
65,253
104,195
Short term timing differences
(1,095)
(89,816)
64,158
14,379
2024
Movements in the year:
£
Liability at 1 January 2024
14,379
Charge to profit or loss
49,779
Liability at 31 December 2024
64,158

The deferred tax liability set out above is expected to reverse and relates to accelerated capital allowances that are expected to mature within the same period.

ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 24 -
21
Deferred income
2024
2023
£
£
Other deferred income
54,261
43,592
22
Retirement benefit schemes
2024
2023
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
75,354
64,442

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

23
Share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary "A" shares of 50p each
1,000
1,000
500
500
Ordinary "B" shares of £1 each
30,000
30,000
30,000
30,000
31,000
31,000
30,500
30,500
24
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2024
2023
£
£
Within 1 year
261,883
158,599
261,883
158,599
25
Events after the reporting date

After the year end the parent company, Rocketworld Limited was acquired by Moss UK Limited. This purchase of shares was completed on 20 February 2025. The group was hived up to the acquiring company on 1 August 2025 and trade ceased on that date,

26
Related party transactions
Transactions with related parties

The company has taken advantage of the exemption available under FRS 102 from the requirement to make disclosures concerning transactions with fellow group companies.

ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
26
Related party transactions
(Continued)
- 25 -
27
Directors' transactions

During the prior year, the following amounts were provided to the directors by the company. The loans were repaid in the year.

Loans
% Rate
Opening balance
Amounts repaid
Closing balance
£
£
£
Director's Loan
2.25
20,450
(20,450)
-
Director's loan
-
10,000
(10,000)
-
30,450
(30,450)
-
28
Ultimate controlling party

The parent of the largest group in which these financial statements are consolidated is Rocketworld Limited, incorporated in England.

The registered office address for Rocketworld Limited is:

Trinity Court, Church Street, Rickmansworth WD3 1RT

These financial statements are available upon request from Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ.

The parent of the smallest group in which these financial statements are consolidated is Rocketworld Limited, incorporated in England.

As a result of the acquisition post year end the ultimate controlling party at the date of signing is TRC Vomela LLC, a company incorporated in the United States.

The immediate parent is unchanged in respect of this.

ROCKET GRAPHICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 26 -
29
Cash generated from operations
2024
2023
£
£
Profit after taxation
182,523
268,933
Adjustments for:
Taxation charged
41,644
99,509
Finance costs
48,691
59,852
Investment income
(4,440)
(4,875)
Amortisation and impairment of intangible assets
35,303
5,303
Depreciation and impairment of tangible fixed assets
170,613
251,541
Movements in working capital:
Decrease/(increase) in stocks
41,697
(63,352)
Decrease/(increase) in debtors
391,523
(627,584)
(Decrease)/increase in creditors
(45,973)
262,732
Increase/(decrease) in deferred income
10,669
(17,294)
Cash generated from operations
872,250
234,765
30
Analysis of changes in net funds/(debt)
1 January 2024
Cash flows
31 December 2024
£
£
£
Cash at bank and in hand
200,368
329,318
529,686
Bank overdrafts
(160,535)
160,535
-
0
39,833
489,853
529,686
Borrowings excluding overdrafts
(195,833)
90,833
(105,000)
Lease liabilities
(433,773)
151,179
(282,594)
(589,773)
731,865
142,092
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