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REGISTERED NUMBER: 03241533 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

DEKOMTE DE TEMPLE KOMPENSATOR-TECHNIK
(UK) LTD.

DEKOMTE DE TEMPLE KOMPENSATOR-TECHNIK
(UK) LTD. (REGISTERED NUMBER: 03241533)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DEKOMTE DE TEMPLE KOMPENSATOR-TECHNIK
(UK) LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTORS: Mr G De Temple
Mr J L Waterhouse





SECRETARY: Ms C Wondrak





REGISTERED OFFICE: 6 Cotswold Business Village
London Road
MORETON-IN-MARSH
Gloucestershire
GL56 0JQ





REGISTERED NUMBER: 03241533 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

DEKOMTE DE TEMPLE KOMPENSATOR-TECHNIK
(UK) LTD. (REGISTERED NUMBER: 03241533)

BALANCE SHEET
31 DECEMBER 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 722,433 1,603,559
Investments 6 50,606 50,606
773,039 1,654,165

CURRENT ASSETS
Stocks 5,531 11,284
Debtors 7 1,023,977 580,633
Cash at bank and in hand 130,618 2,813
1,160,126 594,730
CREDITORS
Amounts falling due within one year 8 701,870 691,367
NET CURRENT ASSETS/(LIABILITIES) 458,256 (96,637 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,231,295

1,557,528

CREDITORS
Amounts falling due after more than one
year

9

(5,940

)

(163,585

)

PROVISIONS FOR LIABILITIES 12 (7,317 ) (10,822 )
NET ASSETS 1,218,038 1,383,121

CAPITAL AND RESERVES
Called up share capital 13 10 10
Share premium 1,575 1,575
Retained earnings 1,216,453 1,381,536
SHAREHOLDERS' FUNDS 1,218,038 1,383,121

DEKOMTE DE TEMPLE KOMPENSATOR-TECHNIK
(UK) LTD. (REGISTERED NUMBER: 03241533)

BALANCE SHEET - continued
31 DECEMBER 2021


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 17 August 2022 and were signed on its behalf by:





Mr J L Waterhouse - Director


DEKOMTE DE TEMPLE KOMPENSATOR-TECHNIK
(UK) LTD. (REGISTERED NUMBER: 03241533)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1. STATUTORY INFORMATION

Dekomte De Temple Kompensator-Technik (Uk) 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Dekomte De Temple Kompensator-Technik (Uk) Ltd. 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

The directors consider that freehold properties are maintained in such a state of repair that their residual value is at least equal to their net book value. As a result, the corresponding depreciation would not be material and therefore is not charged in the profit and loss account.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


DEKOMTE DE TEMPLE KOMPENSATOR-TECHNIK
(UK) LTD. (REGISTERED NUMBER: 03241533)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

3. ACCOUNTING POLICIES - continued
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.

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

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2020 - 9 ) .

DEKOMTE DE TEMPLE KOMPENSATOR-TECHNIK
(UK) LTD. (REGISTERED NUMBER: 03241533)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 January 2021 1,543,186 32,149 54,895
Additions - - -
Disposals (862,059 ) (5,564 ) (14,271 )
At 31 December 2021 681,127 26,585 40,624
DEPRECIATION
At 1 January 2021 - 17,486 43,097
Charge for year - 2,494 1,180
Eliminated on disposal - (3,895 ) (9,992 )
At 31 December 2021 - 16,085 34,285
NET BOOK VALUE
At 31 December 2021 681,127 10,500 6,339
At 31 December 2020 1,543,186 14,663 11,798

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2021 123,848 25,094 36,196 1,815,368
Additions - - 1,124 1,124
Disposals - - - (881,894 )
At 31 December 2021 123,848 25,094 37,320 934,598
DEPRECIATION
At 1 January 2021 111,190 7,854 32,182 211,809
Charge for year 2,532 4,310 3,727 14,243
Eliminated on disposal - - - (13,887 )
At 31 December 2021 113,722 12,164 35,909 212,165
NET BOOK VALUE
At 31 December 2021 10,126 12,930 1,411 722,433
At 31 December 2020 12,658 17,240 4,014 1,603,559

DEKOMTE DE TEMPLE KOMPENSATOR-TECHNIK
(UK) LTD. (REGISTERED NUMBER: 03241533)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

6. FIXED ASSET INVESTMENTS
Share/investments
in group
underakings
£   
COST
At 1 January 2021
and 31 December 2021 50,606
NET BOOK VALUE
At 31 December 2021 50,606
At 31 December 2020 50,606

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

Subsidiaries

Dekomte de Temple Kompensator-Technik (S) Pte. Ltd
Registered office:
Nature of business: Installation of fabricated products.
%
Class of shares: holding
Ordinary $1 shares 75.50

INTECH Power Services Ltd
Registered office:
Nature of business: Power station supply, service and maintenance.
%
Class of shares: holding
Ordinary 100.00

Intech Engineering Ltd
Registered office:
Nature of business: Manufacture of fabricated products
%
Class of shares: holding
Ordinary A 85.00

Associated company

Dekomte De Temple LLC
Registered office:
Nature of business: Expansion joint sales agency
%
Class of shares: holding
Ordinary 47.50

DEKOMTE DE TEMPLE KOMPENSATOR-TECHNIK
(UK) LTD. (REGISTERED NUMBER: 03241533)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 439,464 209,745
Amounts owed by group undertakings 576,723 330,724
Other debtors 2,089 4,252
Tax - 29,418
Prepayments 5,701 6,494
1,023,977 580,633

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans and overdrafts (see note 10) - 152,836
Trade creditors 124,983 123,362
Amounts owed to group undertakings 380,509 278,294
VAT 38,204 22,346
Proposed dividends 56,000 86,000
Other creditors - 8
Accrued expenses 102,174 28,521
701,870 691,367

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.21 31.12.20
£    £   
Bank loans (see note 10) - 147,246
Other creditors 5,940 16,339
5,940 163,585

10. LOANS

An analysis of the maturity of loans is given below:

31.12.21 31.12.20
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 96,635
Bank loans - 56,201
- 152,836

Amounts falling due between one and two years:
Bank loans - 1-2 years - 56,201

Amounts falling due between two and five years:
Bank loans - 2-5 years - 91,045

DEKOMTE DE TEMPLE KOMPENSATOR-TECHNIK
(UK) LTD. (REGISTERED NUMBER: 03241533)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

11. SECURED DEBTS

The following secured debts are included within creditors:

31.12.21 31.12.20
£    £   
Bank loans - 203,447

The bank mortgage is secured by way of first legal mortgage dated 25 January 2008 over freehold property known as Unit 6b Wychwood Court, Cotswold Business Village, London Road, Moreton-In-Marsh.

The bank loan is secured by way of a first legal mortgage charge, dated 12 October 2011, over freehold property known as Units 10-12, Cotswold Business Village, London Road, Moreton-In-Marsh.

12. PROVISIONS FOR LIABILITIES
31.12.21 31.12.20
£    £   
Deferred tax
Accelerated capital allowances 7,317 10,822

Deferred
tax
£   
Balance at 1 January 2021 10,822
Provided during year (3,505 )
Balance at 31 December 2021 7,317

13. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.21 31.12.20
value: £    £   
100 Ordinary 10p 10 10