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REGISTERED NUMBER: 04413734 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

RAPID INNOVATION GROUP LIMITED

RAPID INNOVATION GROUP LIMITED (REGISTERED NUMBER: 04413734)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RAPID INNOVATION GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2025







DIRECTORS: S J Russell
S H Jackson





REGISTERED OFFICE: Lion Court
25 Procter Street
London
WC1V 6NY





REGISTERED NUMBER: 04413734 (England and Wales)





ACCOUNTANTS: THP Limited
Chartered Accountants
34-40 High Street
Wanstead
London
E11 2RJ

RAPID INNOVATION GROUP LIMITED (REGISTERED NUMBER: 04413734)

BALANCE SHEET
31 DECEMBER 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,799 30,043
Investments 5 122,768 122,768
146,567 152,811

CURRENT ASSETS
Debtors 6 357,406 339,763
Cash at bank 204,482 286,897
561,888 626,660
CREDITORS
Amounts falling due within one year 7 220,211 283,740
NET CURRENT ASSETS 341,677 342,920
TOTAL ASSETS LESS CURRENT
LIABILITIES

488,244

495,731

PROVISIONS FOR LIABILITIES 5,928 7,484
NET ASSETS 482,316 488,247

CAPITAL AND RESERVES
Called up share capital 1,125 1,125
Capital redemption reserve 125 125
Retained earnings 481,066 486,997
SHAREHOLDERS' FUNDS 482,316 488,247

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 5 August 2026 and were signed on its behalf by:





S H Jackson - Director


RAPID INNOVATION GROUP LIMITED (REGISTERED NUMBER: 04413734)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025


1. STATUTORY INFORMATION

Rapid Innovation Group Limited is a private company, limited by shares , registered in England and Wales. 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.

Preparation of consolidated financial statements
The financial statements contain information about Rapid Innovation Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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

Revenue represents amounts receivable from the provision of business development consultancy services.

Revenue is recognised in the period in which the services are delivered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold property - 25% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Operating lease commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

RAPID INNOVATION GROUP LIMITED (REGISTERED NUMBER: 04413734)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2025


2. ACCOUNTING POLICIES - continued

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.

Fixed asset investments
Fixed asset investments are shown at cost less provision for impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 17 ) .

4. TANGIBLE FIXED ASSETS
Short Fixtures
leasehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 January 2025 1,098 54,593 32,989 88,680
Additions - - 1,686 1,686
At 31 December 2025 1,098 54,593 34,675 90,366
DEPRECIATION
At 1 January 2025 1,098 41,512 16,027 58,637
Charge for year - 3,269 4,661 7,930
At 31 December 2025 1,098 44,781 20,688 66,567
NET BOOK VALUE
At 31 December 2025 - 9,812 13,987 23,799
At 31 December 2024 - 13,081 16,962 30,043

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2025
and 31 December 2025 123,768
PROVISIONS
At 1 January 2025
and 31 December 2025 1,000
NET BOOK VALUE
At 31 December 2025 122,768
At 31 December 2024 122,768

6. DEBTORS
2025 2024
£    £   
Amounts falling due within one year:
Trade debtors 283,398 268,529
Other debtors 4,033 2,958
Prepayments and accrued income 47,858 46,159
335,289 317,646

RAPID INNOVATION GROUP LIMITED (REGISTERED NUMBER: 04413734)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2025


6. DEBTORS - continued
2025 2024
£    £   
Amounts falling due after more than one year:
Other debtors 22,117 22,117

Aggregate amounts 357,406 339,763

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 47,948 47,359
Corporation tax 39,116 32,809
Social security and other taxes 31,866 50,847
VAT 71,701 109,276
Other creditors 5,807 11,489
Accruals and deferred income 23,773 31,960
220,211 283,740

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 79,803 79,803
Between one and five years 79,803 159,606
159,606 239,409

The above operating lease commitments relate to the company's business premises.