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REGISTERED NUMBER: 09612970 (England and Wales)











AZOTIC TECHNOLOGIES (EUROPE) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022






AZOTIC TECHNOLOGIES (EUROPE) LIMITED (REGISTERED NUMBER: 09612970)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


AZOTIC TECHNOLOGIES (EUROPE) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTORS: R H Chyc
P A Koppert





REGISTERED OFFICE: Unit 6
Hassacarr Close
Dunnington
York
YO19 5SN





REGISTERED NUMBER: 09612970 (England and Wales)





AUDITORS: Torgersens
Chartered accountants & statutory auditor
East Suite, Ground Floor
Avalon House
St Catherine's Court
Sunderland
SR5 3XJ

AZOTIC TECHNOLOGIES (EUROPE) LIMITED (REGISTERED NUMBER: 09612970)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £   
CURRENT ASSETS
Debtors 4 300,001 295,892
Cash at bank - 4,109
TOTAL ASSETS LESS CURRENT LIABILITIES 300,001 300,001

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 300,000 300,000
300,001 300,001

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 14 November 2023 and were signed on its behalf by:





R H Chyc - Director


AZOTIC TECHNOLOGIES (EUROPE) LIMITED (REGISTERED NUMBER: 09612970)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022


1. STATUTORY INFORMATION

Azotic Technologies (Europe) Limited 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.

2. ACCOUNTING POLICIES

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

The company has not traded for a number of years, with the activities of the company subsequently taken on by its parent company, Azotic Technologies Limited.

No adjustment has been made to the carrying value of the company's assets and liabilities in these financial statements in respect of the cessation of trade. All liabilities, with the exception of the intercompany balance, have been settled after the reporting date.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Amounts owed by group undertakings 300,001 295,892

AZOTIC TECHNOLOGIES (EUROPE) LIMITED (REGISTERED NUMBER: 09612970)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


5. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.


We draw attention to note 2 to the financial statements which explains that the company has not traded for a number of years and the intention is to wind up the company. However, the adjustments required for cessation basis are immaterial therefore we consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. Our opinion is not modified in respect of this matter.

Paul Newbold BA FCA (Senior Statutory Auditor)
for and on behalf of Torgersens

6. ULTIMATE CONTROLLING PARTY

Koppert B.V. holds a controlling interest in ordinary share capital of the parent company.
Koppert B.V. is registered in The Netherlands, with the address: P.O. Box 155, 2650 AD Berkel en Rodenrijs, The Netherlands.