BrightAccountsProduction v1.0.0 v1.0.0 2025-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company in the year under review was that of manufacturing a range of stereolithography
(resin) and foundry production (sand) 3-dimensional printers for customers engaged in additive manufacturing and
prototyping. Its products are largely exported to industrial and commercial customers around the world through sales or
by way of lease rentals. 15 September 2026 4 5 11494513 2026-03-31 11494513 2025-03-31 11494513 2024-03-31 11494513 2025-04-01 2026-03-31 11494513 2024-04-01 2025-03-31 11494513 uk-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 11494513 uk-curr:PoundSterling 2025-04-01 2026-03-31 11494513 uk-bus:AbridgedAccounts 2025-04-01 2026-03-31 11494513 uk-core:ShareCapital 2026-03-31 11494513 uk-core:ShareCapital 2025-03-31 11494513 uk-core:RetainedEarningsAccumulatedLosses 2026-03-31 11494513 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 11494513 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2026-03-31 11494513 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-03-31 11494513 uk-bus:FRS102 2025-04-01 2026-03-31 11494513 uk-core:Land 2025-04-01 2026-03-31 11494513 uk-core:PlantMachinery 2025-04-01 2026-03-31 11494513 uk-core:FurnitureFittingsToolsEquipment 2025-04-01 2026-03-31 11494513 uk-core:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 11494513 uk-core:CostValuation 2026-03-31 11494513 2025-04-01 2026-03-31 11494513 uk-bus:Director3 2025-04-01 2026-03-31 11494513 uk-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
Raplas Technologies Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 March 2026



Raplas Technologies Ltd
Company Registration Number: 11494513
ABRIDGED BALANCE SHEET
as at 31 March 2026

2026 2025
Notes £ £
 
Fixed Assets
Intangible assets 5 5,673 -
Tangible assets 6 3,227 7,808
Investments 7 8,160,002 8,160,002
───────── ─────────
Fixed Assets 8,168,902 8,167,810
───────── ─────────
 
Current Assets
Stocks 511,811 463,237
Debtors 724,352 697,573
Cash and cash equivalents 4,302 19,933
───────── ─────────
1,240,465 1,180,743
───────── ─────────
Creditors: amounts falling due within one year (1,357,749) (2,191,403)
───────── ─────────
Net Current Liabilities (117,284) (1,010,660)
───────── ─────────
Total Assets less Current Liabilities 8,051,618 7,157,150
 
Creditors:
amounts falling due after more than one year (1,185,546) (347,858)
 
Provisions for liabilities 217,662 217,936
───────── ─────────
Net Assets 7,083,734 7,027,228
═════════ ═════════
 
Capital and Reserves
Called up share capital 8,160,000 8,160,000
Retained earnings (1,076,266) (1,132,772)
───────── ─────────
Equity attributable to owners of the company 7,083,734 7,027,228
═════════ ═════════
 
The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 15 September 2026 and signed on its behalf by
           
           
________________________________          
Mr Michael Geoffrey John Yeatts          
Director          
           



Raplas Technologies Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 March 2026

   
1. General Information
 
Raplas Technologies Ltd is a company limited by shares incorporated and registered in the United Kingdom. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 March 2026 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
 
Computer software is being amortised evenly over its estimated useful life of three years.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. Cost comprises purchase price and other directly attributable costs. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Long leasehold property - 20% Straight line
  Plant and machinery - 33.33% Straight line
  Fixtures, fittings and equipment - 33.33% Straight line
  Computer Equipment - 20% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Employee 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.
 
Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Government grants
Capital grants received and receivable are treated as deferred income and amortised to the Profit and Loss Account annually over the useful economic life of the asset to which it relates. Revenue grants are credited to the Profit and Loss Account when received.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Going concern
 

The company has recorded a loss before tax of £557 (2025:£474,221) and has net current liabilities of £117,284 (2025:£1,010,660).

The directors' have loans to the company of £274,589 (2025: £274,589) falling due after one year and have agreed not to take repayment of these loans until 12 months after the signing of these accounts.

In addition the directors' have loans to the company totaling £633,893 (2025:£571,900) which are repayable within one year and will be repaid as cash flow allows.

The directors expect trading in the coming 12 months to improve and are confident that it is appropriate to prepare these statements on a going concern basis.
       
4. Employees
 
The average monthly number of employees, including directors, during the financial year was 4, (2025 - 5).
 
  2026 2025
  Number Number
 
Staff and directors 4 5
  ═════════ ═════════
       
5. Intangible assets
     
    Total
  £ £
Cost
At 1 April 2025 34,850 34,850
Additions 8,510 8,510
  ───────── ─────────
At 31 March 2026 43,360 43,360
  ───────── ─────────
Amortisation
At 1 April 2025 34,850 34,850
Charge for financial year 2,837 2,837
  ───────── ─────────
At 31 March 2026 37,687 37,687
  ───────── ─────────
Net book value
At 31 March 2026 5,673 5,673
  ═════════ ═════════
At 31 March 2025 - -
  ═════════ ═════════
             
6. Tangible assets
  Long Plant and Fixtures, Computer Total
  leasehold machinery fittings and Equipment  
  property   equipment    
  £ £ £ £ £
Cost
At 1 April 2025 69,882 145,548 65,707 38,960 320,097
Additions - 978 190 - 1,168
  ───────── ───────── ───────── ───────── ─────────
At 31 March 2026 69,882 146,526 65,897 38,960 321,265
  ───────── ───────── ───────── ───────── ─────────
Depreciation
At 1 April 2025 67,894 143,965 62,389 38,041 312,289
Charge for the financial year 1,748 1,057 2,025 919 5,749
  ───────── ───────── ───────── ───────── ─────────
At 31 March 2026 69,642 145,022 64,414 38,960 318,038
  ───────── ───────── ───────── ───────── ─────────
Net book value
At 31 March 2026 240 1,504 1,483 - 3,227
  ═════════ ═════════ ═════════ ═════════ ═════════
At 31 March 2025 1,988 1,583 3,318 919 7,808
  ═════════ ═════════ ═════════ ═════════ ═════════
       
7. Investments
  Group and Total
  participating  
  interests/  
  joint ventures  
Investments £ £
Cost
 
At 31 March 2026 8,160,002 8,160,002
  ───────── ─────────
Net book value
At 31 March 2026 8,160,002 8,160,002
  ═════════ ═════════
At 31 March 2025 8,160,002 8,160,002
  ═════════ ═════════