Registration number: 14742197

R & B Licensing Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Statement of Changes in Equity	4
Notes to the Unaudited Financial Statements	5 to 11

R & B Licensing Ltd

Company Information

Directors

Mr A Jansson Mr F Rahka

Registered office

2 Whitehorse Mews 37 Westminster Bridge Road London SE1 7QD

Accountants

Franklin, Chartered Accountants 320 Garratt Lane London SW18 4EJ

R & B Licensing Ltd

(Registration number: 14742197)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	18,542	17,248
Current assets
Debtors	5	30,812	33,059
Cash at bank and in hand		54,377	244,804
		85,189	277,863
Creditors: Amounts falling due within one year	6	(43,215)	(252,072)
Net current assets		41,974	25,791
Total assets less current liabilities		60,516	43,039
Provisions for liabilities		(3,523)	(3,277)
Net assets		56,993	39,762
Capital and reserves
Called up share capital	7	1,000	1,000
Retained earnings		55,993	38,762
Shareholders' funds		56,993	39,762

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 September 2026 and signed on its behalf by:
 

R & B Licensing Ltd

(Registration number: 14742197)
Balance Sheet as at 31 December 2025

......................................... Mr A Jansson Director

R & B Licensing Ltd

Statement of Changes in Equity for the Year Ended 31 December 2025

	Share capital £	Retained earnings £	Total £
At 1 January 2025	1,000	38,762	39,762
Profit for the year	-	17,231	17,231
At 31 December 2025	1,000	55,993	56,993

	Share capital £	Retained earnings £	Total £
At 1 January 2024	1,000	13,426	14,426
Profit for the year	-	25,336	25,336
At 31 December 2024	1,000	38,762	39,762

R & B Licensing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
2 Whitehorse Mews
37 Westminster Bridge Road
London
SE1 7QD

These financial statements were authorised for issue by the Board on 10 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

R & B Licensing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer Equipment	33% on a straight line basis.
Furniture & Fittings	25% on a straight line basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

R & B Licensing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

R & B Licensing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Financial instruments

Classification
The Company has chosen to adopt sections 11 and 12 of FRS 102 in respect of financial instruments.

 Recognition and measurement
Financial instruments are initially recognised at transaction price, 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.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. 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.

 Impairment
Financial instruments are initially recognised at transaction price, 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.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. 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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 2).

R & B Licensing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2025	20,312	20,312
Additions	9,322	9,322
At 31 December 2025	29,634	29,634
Depreciation
At 1 January 2025	3,064	3,064
Charge for the year	8,028	8,028
At 31 December 2025	11,092	11,092
Carrying amount
At 31 December 2025	18,542	18,542
At 31 December 2024	17,248	17,248

5

Debtors

Current	Note	2025 £	2024 £
Trade debtors		13,500	24,658
Amounts owed by related parties	8	1,001	-
Prepayments		16,311	8,401
		30,812	33,059

R & B Licensing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		-	5,285
Amounts owed to group undertakings and undertakings in which the company has a participating interest	8	-	223,113
Taxation and social security		16,748	18,197
Other creditors		26,467	5,477
		43,215	252,072

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	1,000	1,000	1,000	1,000

8	Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	68,422	144,763
Contributions paid to money purchase schemes	7,962	19,500
	76,384	164,263

R & B Licensing Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Income and receivables from related parties

2025	Parent £
Receipt of services	548,328

2024	Parent £
Receipt of services	716,086

Loans to related parties

2025	Parent £	Total £
Advanced	1,001	1,001
At end of period	1,001	1,001

Loans from related parties

2025	Parent £	Total £
At start of period	223,113	223,113
Repaid	(223,113)	(223,113)
At end of period	-	-

2024	Parent £	Total £
At start of period	223,113	223,113
At end of period	223,113	223,113

9	Parent and ultimate parent undertaking

The company's immediate parent is R & B Licensing AB, incorporated in Sweden.