REGISTERED NUMBER: 09046861 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

RIZE WORLDWIDE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S H Cheek

Mr A R Hillery

SECRETARY:

Mrs L A Cheek

REGISTERED OFFICE:

55 Loudoun Road

St John's Wood

London

NW8 0DL

REGISTERED NUMBER:

09046861 (England and Wales)

ACCOUNTANTS:

mgr SD Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

8,561

-

8,561

-

CURRENT ASSETS

Debtors

6

1,556,908

1,597,600

Cash at bank

250,484

53,243

1,807,392

1,650,843

CREDITORS

Amounts falling due within one year

7

(1,766,019

)

(1,617,004

)

NET CURRENT ASSETS

41,373

33,839

TOTAL ASSETS LESS CURRENT LIABILITIES

49,934

33,839

CAPITAL AND RESERVES

Called up share capital

10

75

75

Retained earnings

49,859

33,764

SHAREHOLDERS' FUNDS

49,934

33,839

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 1 September 2026 and were signed on its behalf by:

Mr S H Cheek - Director

Mr A R Hillery - Director

1.	STATUTORY INFORMATION

Rize Worldwide Ltd 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

evenly over the period of the lease

Office equipment

-

20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initial 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.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans, 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 payments 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. Amounts 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.

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.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Short

Office

leasehold

equipment

Totals

£

£

£

COST

At 1 January 2025

11,180

23,589

34,769

Disposals

(11,180

)

(23,589

)

(34,769

)

At 31 December 2025

-

-

-

DEPRECIATION

At 1 January 2025

11,180

23,589

34,769

Eliminated on disposal

(11,180

)

(23,589

)

(34,769

)

At 31 December 2025

-

-

-

NET BOOK VALUE

At 31 December 2025

-

-

-

At 31 December 2024

-

-

-

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Short

Office

leasehold

equipment

Totals

£

£

£

COST

At 1 January 2025

11,180

23,589

34,769

Transfer to ownership

(11,180

)

(23,589

)

(34,769

)

At 31 December 2025

-

-

-

DEPRECIATION

At 1 January 2025

11,180

23,589

34,769

Transfer to ownership

(11,180

)

(23,589

)

(34,769

)

At 31 December 2025

-

-

-

NET BOOK VALUE

At 31 December 2025

-

-

-

At 31 December 2024

-

-

-

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

8,561

At 31 December 2025

8,561

NET BOOK VALUE

At 31 December 2025

8,561

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Rize Recrutement France SAS

Registered office: France

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

31.12.25

£

Aggregate capital and reserves

8,561

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

764,062

572,445

Amounts owed by group undertakings

145,691

270,927

Other debtors

647,155

754,228

1,556,908

1,597,600

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts (see note 8)

-

44,723

Trade creditors

756,008

511,365

Amounts owed to group undertakings

355,532

326,602

Taxation and social security

5,675

14,049

Other creditors

648,804

720,265

1,766,019

1,617,004

8.

LOANS

An analysis of the maturity of loans is given below:

31.12.25

31.12.24

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

44,723

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank overdrafts

-

44,723

The bank overdrafts are secured by fixed and floating charges over all the assets of the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

7,500

Ordinary

£0.01

75

75

11.	RELATED PARTY DISCLOSURES

Rize Group Holdings Limited

The parent company.

During the year, the company paid dividends to Rize Group Holdings Limited of £Nil (2024: £33,300).

31.12.25

31.12.24

£

£

Amount due from related party at the balance sheet date

34,384

29,383

Rize Europe Limited

A company under common control.

During the year, the company charged Rize Europe Limited management fees of £26 (2024: £591) and was charged management fees of £226,442 (2024: £188,526) by Rize Europe Limited. These transactions were made on a commercial arms length basis.

31.12.25

31.12.24

£

£

Amount due (to)/from related party at the balance sheet date

(69,100

)

42,612

Rize Recruitment GmbH

A company under common control.

During the year, the company charged Rize Recruitment GmbH management fees of £56 (2024: £706). These transactions were made on a commercial arms length basis.

31.12.25

31.12.24

£

£

Amount due from related party at the balance sheet date

56

-

Rize Deutschland GmbH

A company under common control.

During the year, the company charged Rize Deutschland GmbH management fees of £6,270 (2024: £37,166). The company paid interest of £12,748 (2024: £Nil) on the intercompany loan. These transactions were made on a commercial arms length basis.

31.12.25

31.12.24

£

£

Amount due to related party at the balance sheet date

280,810

317,907

3S Africa Ltd

A company under common control.

During the year, the company charged 3S Africa Ltd management fees of £3,520 (2024: £29,754). These transactions were made on a commercial arms length basis.

31.12.25

31.12.24

£

£

Amount due from related party at the balance sheet date

-

102,451

Rize Recruitment Proprietary Limited

A company under common control.

During the year, the company charged Rize Recruitment Proprietary Limited management fees of £8,028 (2024: £8,858). The company charged interest totalling £2,144 (2024: £2,792) on the intercompany loan. These transactions were made on a commercial arms length basis.

31.12.25

31.12.24

£

£

Amount due from related party at the balance sheet date

111,252

96,481

Rize Personalberatung GmbH

A company under common control.

During the year, the company charged Rize Personalberatung GmbH management fees of £489 (2024: £760) and was charged management fees of £11,087 (2024: £8,026) by Rize Personalberatung GmbH. These transactions were made on a commercial arms length basis.

31.12.25

31.12.24

£

£

Amount due to related party at the balance sheet date

5,622

8,695

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Rize Group Holdings Limited.

The ultimate controlling party is Mr S H Cheek by virtue of his and his wife's combined shareholding in the parent company.