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REGISTERED NUMBER: 03141454 (England and Wales)















AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

EKMAN HOLDING U.K. LIMITED

EKMAN HOLDING U.K. LIMITED (REGISTERED NUMBER: 03141454)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


EKMAN HOLDING U.K. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: M Sandh





REGISTERED OFFICE: D S House
306 High Street
Croydon
Surrey
CR0 1NG





REGISTERED NUMBER: 03141454 (England and Wales)





AUDITORS: DSK Partners LLP
Chartered Accountants and Statutory Auditors
D S House
306 High Street
Croydon
Surrey
CR0 1NG

EKMAN HOLDING U.K. LIMITED (REGISTERED NUMBER: 03141454)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 - 1

CURRENT ASSETS
Debtors 5 1,319,253 924,935
Cash at bank 102 158
1,319,355 925,093
CREDITORS
Amounts falling due within one year 6 14,273 112,961
NET CURRENT ASSETS 1,305,082 812,132
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,305,082

812,133

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,304,982 812,033
SHAREHOLDERS' FUNDS 1,305,082 812,133

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 director and authorised for issue on 8 February 2024 and were signed by:





M Sandh - Director


EKMAN HOLDING U.K. LIMITED (REGISTERED NUMBER: 03141454)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Ekman Holding U.K. 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.

The presentation currency of the financial statements is the Pound Sterling (£) rounded to nearest Pound (£).

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.

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.

Significant judgements and estimates
The preparation of financial statements in conformity with FRS 102 requires the use of certain critical accounting estimates. It also requires the management to exercise judgement in the process of applying the Company's accounting policies.

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

Foreign currencies
Transactions in currencies, other than the functional currency of the company, are recorded at the
rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated

Going concern
The financial statements have been prepared on a going concern basis. The company is reliant upon the continued support of its parent company. If this support was withdrawn the company would be unable to continue in operational existence. Adjustments would then have to be made to reduce the statement of financial position value of assets to their recoverable amounts and to provide any further liabilities that may arise. The company is unable to quantify the effect of such adjustments on the financial statements. The directors believe that it is appropriate for the financial statements to be prepared on a going concern basis.

As part of the directors' assessment of going concern, they have prepared detailed cash flow and profit and loss forecasts for the next 12 months. The forecasts have been prepared on an appropriate basis, taking into account the current economic conditions that exist.

Preparation of consolidated financial statements
The financial statements contain information about Ekman Holding U.K. Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertakings are included by full consolidation in the consolidated financial statements of its parent, Ekman Invest Holding AB, Polhemsplatsen 5, 411 11, Gothenburg, Sweden.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

EKMAN HOLDING U.K. LIMITED (REGISTERED NUMBER: 03141454)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023 1
Disposals (1 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 1

During the year, the Company's holding in Ekman U.K. Limited was written off as this company was formally closed and dissolved.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 1,289,068 864,566
Other debtors 30,185 60,369
1,319,253 924,935

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 14,273 112,961

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

The Report of the Auditors was unqualified.

Romit Basu FCA (Senior Statutory Auditor)
for and on behalf of DSK Partners LLP

EKMAN HOLDING U.K. LIMITED (REGISTERED NUMBER: 03141454)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


8. ULTIMATE PARENT COMPANY

The director regards Ekman Invest Holding AB to be the Company's ultimate parent company. Ekman Invest Holding AB is incorporated in Sweden. Its financial statements are available from Polhemsplatsen 5, 411 11, Gothenburg, Sweden.

The largest group in which the results of the company are consolidated is that headed by Ekman Invest Holding AB, a company incorporated in Sweden, of which Ekman Holding U.K. Limited is a member. Its financial statements are available from Polhemsplatsen 5, 411 11, Gothenburg, Sweden.

The immediate parent undertaking is Ekman & Co AB, a company incorporated in Sweden. Its financial statements are available from Polhemsplatsen 5, 411 11, Gothenburg, Sweden.

Ekman & Co AB have confirmed their continued financial support for the foreseeable future, limited to the extent of the intra-group balance.