REGISTERED NUMBER: SC530013 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Rhyvek UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Kevin Bruce

SECRETARY:

Mrs Ryhana Bruce

REGISTERED OFFICE:

7 Makbrar Crescent

Dumfries

DG1 4XA

REGISTERED NUMBER:

SC530013 (Scotland)

ACCOUNTANTS:

Stevenson & Kyles

Chartered Accountants

25 Sandyford Place

Glasgow

G3 7NG

FIXED ASSETS

Tangible assets

4

9,957

10,265

CURRENT ASSETS

Debtors

5

20,782

42,993

Cash at bank

83,612

93,585

104,394

136,578

CREDITORS

Amounts falling due within one year

6

38,400

38,728

NET CURRENT ASSETS

65,994

97,850

TOTAL ASSETS LESS CURRENT LIABILITIES

75,951

108,115

PROVISIONS FOR LIABILITIES

7

1,849

1,950

NET ASSETS

74,102

106,165

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

74,002

106,065

SHAREHOLDERS' FUNDS

74,102

106,165

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 July 2026 and were signed by:

Kevin Bruce - Director

1.	STATUTORY INFORMATION

Rhyvek UK Ltd is a private company, limited by shares , registered in Scotland. 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.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fittings and equipment

-

15% on reducing balance

Computer equipment

-

20% on cost

Financial instruments

Basic financial instruments, including debtors and creditors with no stated interest rate and receivable or payable within one year, are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Grant income

Where applicable, grants from the government are recognised at their fair value where there is a reasonable assurance that the grant will be received and that the company will comply with all attached conditions. Where the grant income relates to a particular expense item, the grant income is recognised in the profit and loss account over the same period as the expense it is intended to compensate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fittings

Plant and

and

Computer

machinery

equipment

equipment

Totals

£

£

£

£

COST

At 1 April 2025

23,583

3,685

1,500

28,768

Additions

1,488

-

-

1,488

At 31 March 2026

25,071

3,685

1,500

30,256

DEPRECIATION

At 1 April 2025

15,381

1,922

1,200

18,503

Charge for year

1,231

265

300

1,796

At 31 March 2026

16,612

2,187

1,500

20,299

NET BOOK VALUE

At 31 March 2026

8,459

1,498

-

9,957

At 31 March 2025

8,202

1,763

300

10,265

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

20,782

13,203

Other debtors

-

29,790

20,782

42,993

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

2,560

1,572

Taxation and social security

29,307

34,340

Other creditors

6,533

2,816

38,400

38,728

7.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

1,849

1,950

Deferred

tax

£

Balance at 1 April 2025

1,950

Provided during year

(101

)

Balance at 31 March 2026

1,849

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Kevin Bruce

Balance outstanding at start of year

19,790

-

Amounts advanced

-

19,790

Amounts repaid

(19,790

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

19,790

10.	ULTIMATE CONTROLLING PARTY