Silverfin false false 31/03/2026 01/04/2025 31/03/2026 A Wheatley 31/12/1992 06 August 2026 The principal activity of the Company during the financial year was the provision of design and display services. 02137645 2026-03-31 02137645 bus:Director1 2026-03-31 02137645 2025-03-31 02137645 core:CurrentFinancialInstruments 2026-03-31 02137645 core:CurrentFinancialInstruments 2025-03-31 02137645 core:ShareCapital 2026-03-31 02137645 core:ShareCapital 2025-03-31 02137645 core:CapitalRedemptionReserve 2026-03-31 02137645 core:CapitalRedemptionReserve 2025-03-31 02137645 core:RetainedEarningsAccumulatedLosses 2026-03-31 02137645 core:RetainedEarningsAccumulatedLosses 2025-03-31 02137645 core:LandBuildings 2025-03-31 02137645 core:LandBuildings 2026-03-31 02137645 core:CostValuation 2025-03-31 02137645 core:CostValuation 2026-03-31 02137645 2025-04-01 2026-03-31 02137645 bus:FilletedAccounts 2025-04-01 2026-03-31 02137645 bus:SmallEntities 2025-04-01 2026-03-31 02137645 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 02137645 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 02137645 bus:Director1 2025-04-01 2026-03-31 02137645 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Company No: 02137645 (England and Wales)

# RIMA DESIGN LTD

### Unaudited Financial Statements
For the financial year ended 31 March 2026
Pages for filing with the registrar

RIMA DESIGN LTD

## Unaudited Financial Statements

For the financial year ended 31 March 2026

Contents

RIMA DESIGN LTD

## BALANCE SHEET

As at 31 March 2026
RIMA DESIGN LTD

## BALANCE SHEET (continued)

As at 31 March 2026

| Note | 2026 |  | 2025
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 706,477 |  | 706,477
Investments | 4 | 351 |  | 351
|  | 706,828 |  | 706,828
Current assets |  |  |  |
Debtors | 5 | 202,921 |  | 234,744
Cash at bank and in hand |  | 1,172,225 |  | 1,072,764
|  | 1,375,146 |  | 1,307,508
Creditors: amounts falling due within one year | 6 | ( 245,452) |  | ( 144,192)
Net current assets |  | 1,129,694 |  | 1,163,316
Total assets less current liabilities |  | 1,836,522 |  | 1,870,144
Provision for liabilities |  | 0 |  | ( 2,557)
Net assets |  | 1,836,522 |  | 1,867,587
Capital and reserves |  |  |  |
Called-up share capital |  | 30,000 |  | 30,000
Capital redemption reserve |  | 15,000 |  | 15,000
Profit and loss account |  | 1,791,522 |  | 1,822,587
Total shareholders' funds |  | 1,836,522 |  | 1,867,587

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Rima Design Ltd (registered number: 02137645) were approved and authorised for issue by the Director on 06 August 2026. They were signed on its behalf by:

A Wheatley Director |

RIMA DESIGN LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2026
RIMA DESIGN LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2026

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Rima Design Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 127 Metal Box Factory, 30 Great Guildford Street, London, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

##### 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 VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
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.

##### Leases

The Company as lessor
Rental income from operating leases is recognised on a straight-line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight-line basis over the lease term.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents 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, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
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.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#### 2. Employees

| 2026 |  | 2025
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 1

#### 3. Tangible assets

| Land and buildings |  | Total
| £ |  | £
Cost |  |  |
At 01 April 2025 | 706,477 |  | 706,477
At 31 March 2026 | 706,477 |  | 706,477
Accumulated depreciation |  |  |
At 01 April 2025 | 0 |  | 0
At 31 March 2026 | 0 |  | 0
Net book value |  |  |
At 31 March 2026 | 706,477 |  | 706,477
At 31 March 2025 | 706,477 |  | 706,477

#### 4. Fixed asset investments

Investments in subsidiaries

| 2026
| £
Cost |
At 01 April 2025 | 351
At 31 March 2026 | 351
Carrying value at 31 March 2026 | 351
Carrying value at 31 March 2025 | 351

#### 5. Debtors

| 2026 |  | 2025
| £ |  | £
Trade debtors | 0 |  | 5,958
Amounts owed by Group undertakings | 200,965 |  | 227,384
Other debtors | 1,956 |  | 1,402
| 202,921 |  | 234,744

#### 6. Creditors: amounts falling due within one year

| 2026 |  | 2025
| £ |  | £
Trade creditors | 5,752 |  | 211
Amounts owed to Group undertakings | 10,503 |  | 11,353
Taxation and social security | 30,458 |  | 34,339
Other creditors | 198,739 |  | 98,289
| 245,452 |  | 144,192