IRIS Accounts Production v24.1.0.578 02140408 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh021404082022-12-31021404082023-12-31021404082023-01-012023-12-31021404082021-12-31021404082022-01-012022-12-31021404082022-12-3102140408ns15:EnglandWales2023-01-012023-12-3102140408ns14:PoundSterling2023-01-012023-12-3102140408ns10:Director12023-01-012023-12-3102140408ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3102140408ns10:SmallEntities2023-01-012023-12-3102140408ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3102140408ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3102140408ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3102140408ns10:FullAccounts2023-01-012023-12-310214040812023-01-012023-12-3102140408ns10:Director22023-01-012023-12-3102140408ns10:Director32023-01-012023-12-3102140408ns10:RegisteredOffice2023-01-012023-12-3102140408ns5:CurrentFinancialInstruments2023-12-3102140408ns5:CurrentFinancialInstruments2022-12-3102140408ns5:ShareCapital2023-12-3102140408ns5:ShareCapital2022-12-3102140408ns5:RetainedEarningsAccumulatedLosses2023-12-3102140408ns5:RetainedEarningsAccumulatedLosses2022-12-3102140408ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3102140408ns5:PatentsTrademarksLicencesConcessionsSimilar2023-01-012023-12-3102140408ns5:PlantMachinery2023-01-012023-12-3102140408ns5:IntangibleAssetsOtherThanGoodwill2022-12-3102140408ns5:IntangibleAssetsOtherThanGoodwill2023-12-3102140408ns5:IntangibleAssetsOtherThanGoodwill2022-12-3102140408ns5:PlantMachinery2022-12-3102140408ns5:PlantMachinery2023-12-3102140408ns5:PlantMachinery2022-12-3102140408ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3102140408ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 02140408 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 December 2023

for

Krahn UK Limited

Krahn UK Limited (Registered number: 02140408)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Krahn UK Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: A Lamb
Dr R Kuropka
Mr K Schuster





REGISTERED OFFICE: 56 Crewe Road
Sandbach
Cheshire
CW11 4NN





REGISTERED NUMBER: 02140408 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
6 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Krahn UK Limited (Registered number: 02140408)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,922 5,449
2,922 5,449

CURRENT ASSETS
Stocks 791,170 918,015
Debtors 6 297,125 617,702
Cash at bank and in hand 1,257,452 525,566
2,345,747 2,061,283
CREDITORS
Amounts falling due within one year 7 1,094,068 969,203
NET CURRENT ASSETS 1,251,679 1,092,080
TOTAL ASSETS LESS CURRENT LIABILITIES 1,254,601 1,097,529

PROVISIONS FOR LIABILITIES 731 1,362
NET ASSETS 1,253,870 1,096,167

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,253,770 1,096,067
SHAREHOLDERS' FUNDS 1,253,870 1,096,167

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Krahn UK Limited (Registered number: 02140408)

Balance Sheet - continued
31 December 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2024 and were signed on its behalf by:





A Lamb - Director


Krahn UK Limited (Registered number: 02140408)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Krahn UK 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 financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Trademarks are being amortised evenly over their estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 5 ) .

Krahn UK Limited (Registered number: 02140408)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2023
and 31 December 2023 7,521
AMORTISATION
At 1 January 2023
and 31 December 2023 7,521
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 13,644
DEPRECIATION
At 1 January 2023 8,196
Charge for year 2,526
At 31 December 2023 10,722
NET BOOK VALUE
At 31 December 2023 2,922
At 31 December 2022 5,448

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 291,635 604,300
Other debtors 5,490 13,402
297,125 617,702

Krahn UK Limited (Registered number: 02140408)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 772,214 644,009
Taxation and social security 203,590 317,918
Other creditors 118,264 7,276
1,094,068 969,203

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Krahn Chemie GMBH.