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Company Registration No. 10790822 (England and Wales)
Rapiergroup Limited Unaudited accounts for the year ended 31 December 2025
Rapiergroup Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Rapiergroup Limited Company Information for the year ended 31 December 2025
Directors
Helen Rosemary De Bois Christopher Whittaker
Company Number
10790822 (England and Wales)
Registered Office
The Old Barn, Unit 1 Hillside Farm Pepper Hill, Great Amwell Ware SG12 9FX England
Accountants
Practice London Limited 71-75 Shelton Street London WC2H 9JQ
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Rapiergroup Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investments
4
1,320,518 
1,320,518 
Current assets
Debtors
5
3 
20,592 
Cash at bank and in hand
209,292 
385,091 
209,295 
405,683 
Creditors: amounts falling due within one year
6
(636,793)
(2,438)
Net current (liabilities)/assets
(427,498)
403,245 
Total assets less current liabilities
893,020 
1,723,763 
Creditors: amounts falling due after more than one year
7
(391,667)
- 
Net assets
501,353 
1,723,763 
Capital and reserves
Called up share capital
6,555 
6,555 
Share premium
- 
1,306,176 
Capital redemption reserve
1,220 
1,220 
Profit and loss account
493,578 
409,812 
Shareholders' funds
501,353 
1,723,763 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by
Helen Rosemary De Bois Director Company Registration No. 10790822
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Rapiergroup Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Rapiergroup Limited is a private company, limited by shares, registered in England and Wales, registration number 10790822. The registered office is The Old Barn, Unit 1 Hillside Farm, Pepper Hill, Great Amwell, Ware, SG12 9FX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
During the year, the entire issued share capital of the Company was acquired by Rapiergroup Trustees Limited Employee Ownership Trust, a discretionary trust established for the benefit of the employees of Rapier Design Limited. The Trust is administered by independent trustees and operates for the collective benefit of the employees of Rapier Design Limited. The Company's immediate subsidiary undertaking is unaffected by this change in ownership. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Going concern
The financial statements have been prepared on the going concern basis. The directors have reviewed the Company's financial position, trading performance and cash flow projections for a period of not less than 12 months from the date of approval of these financial statements and are satisfied that the Company has sufficient resources to continue to meet its obligations as they fall due for the foreseeable future.
Presentation currency
The accounts are presented in £ sterling.
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.
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Rapiergroup Limited Notes to the Accounts for the year ended 31 December 2025
Reserves
The movement in profit and loss reserves in the year includes a distribution made in connection with the acquisition of the Company's share capital by Rapiergroup Trustees Limited Employee Ownership Trust. This distribution was made from the Company's distributable reserves and does not reflect the Company's underlying trading performance. No balance remains on the Company's balance sheet in respect of this distribution. During the year, the share premium reserve was cancelled and credited to profit and loss reserves. All other movements in profit and loss reserves represent the trading results for the year.
4
Investments
Other investments 
£ 
Valuation at 1 January 2025
1,320,518 
Valuation at 31 December 2025
1,320,518 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
- 
20,007 
Accrued income and prepayments
3 
585 
3 
20,592 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
100,000 
- 
Amounts owed to group undertakings and other participating interests
459,993 
- 
Taxes and social security
- 
688 
Accruals
76,800 
1,750 
636,793 
2,438 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
391,667 
- 
8
Transactions with related parties
During the year, the Company received dividends from its subsidiary undertaking and used these to make a distribution to former shareholders in connection with the acquisition of the Company’s share capital by Rapiergroup Trustees Limited, acting as trustee of the Employee Ownership Trust. Deferred consideration remains payable to former shareholders in connection with this transaction. This obligation is the responsibility of the Trust and does not give rise to a liability of the Company.
9
Controlling party
The Company is wholly owned by Rapiergroup Trustees Limited Employee Ownership Trust. The Trust operates for the collective benefit of the Company's employees and there is no individual ultimate controlling party.
- 6 -
Rapiergroup Limited Notes to the Accounts for the year ended 31 December 2025
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 7 -