ZARGES (UK) LIMITED

Company Registration Number:
01048391 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

ZARGES (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

ZARGES (UK) LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 0 462
Investments:   0 0
Total fixed assets: 0 462
Current assets
Stocks: 437,279 495,834
Debtors:   2,317,218 1,892,734
Cash at bank and in hand: 0 886
Investments:   0 0
Total current assets: 2,754,497 2,389,454
Creditors: amounts falling due within one year:   (499,268) (796,411)
Net current assets (liabilities): 2,255,229 1,593,043
Total assets less current liabilities: 2,255,229 1,593,505
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 2,255,229 1,593,505
Capital and reserves
Called up share capital: 650,000 650,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 1,605,229 943,505
Shareholders funds: 2,255,229 1,593,505

The notes form part of these financial statements

ZARGES (UK) LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2023
and signed on behalf of the board by:

Name: Maximilian Treptow
Status: Director

The notes form part of these financial statements

ZARGES (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ZARGES (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 6 10

ZARGES (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 323,036
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2022 323,036
Depreciation
At 01 January 2022 322,574
Charge for year 462
On disposals 0
Other adjustments 0
At 31 December 2022 323,036
Net book value
At 31 December 2022 0
At 31 December 2021 462

ZARGES (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Related party transactions

Name of the related party: Zarges GMBH
Relationship:
Parent Company
Description of the Transaction: Cash Pooling
£
Balance at 01 January 2022 1,032,826
Balance at 31 December 2022 1,372,606
Name of the related party: Zarges GMBH
Relationship:
Parent Company
Description of the Transaction: Supplies
£
Balance at 01 January 2022 151,102
Balance at 31 December 2022 136,045
Name of the related party: Werner UK Sales & Distribution Limited
Relationship:
Group company
Description of the Transaction: Material supplies
£
Balance at 01 January 2022 0
Balance at 31 December 2022 34,678