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REGISTERED NUMBER: 01688038 (England and Wales)






















Becker UK Limited

Financial Statements for the Year Ended 31st December 2023






Becker UK Limited (Registered number: 01688038)






Contents of the Financial Statements
for the year ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Becker UK Limited

Company Information
for the year ended 31st December 2023







DIRECTORS: Ms D Becker
R Oxley





SECRETARY: T J Shields





REGISTERED OFFICE: Link 63
Liverpool Street
Hull
East Yorkshire
HU3 4XS





REGISTERED NUMBER: 01688038 (England and Wales)





AUDITORS: Smailes Goldie
Chartered Accountants
Statutory Auditor
Regent's Court
Princess Street
Hull
East Yorkshire HU2 8BA

Becker UK Limited (Registered number: 01688038)

Balance Sheet
31st December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 577,581 563,323

CURRENT ASSETS
Inventories 1,806,819 2,108,578
Debtors 5 974,071 875,147
Cash at bank and in hand 2,419,485 1,857,921
5,200,375 4,841,646
CREDITORS
Amounts falling due within one year 6 651,459 531,343
NET CURRENT ASSETS 4,548,916 4,310,303
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,126,497

4,873,626

PROVISIONS FOR LIABILITIES 81,521 64,370
NET ASSETS 5,044,976 4,809,256

CAPITAL AND RESERVES
Called up share capital 9 700,000 700,000
Retained earnings 4,344,976 4,109,256
SHAREHOLDERS' FUNDS 5,044,976 4,809,256

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 12th April 2024 and were signed on its behalf by:





R Oxley - Director


Becker UK Limited (Registered number: 01688038)

Notes to the Financial Statements
for the year ended 31st December 2023

1. STATUTORY INFORMATION

Becker 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.

Going concern
The directors, having considered the forecasts for the financial periods through to 31st December 2026, along with the continued support provided by the parent company, Gebr. Becker GmbH, have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of 12 months from the date of approval of these financial statements and therefore have prepared the financial statements on a going concern basis.

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

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 - 25% on cost and Straight line over 15 years

Stocks
Inventories 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 Profit and loss, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Becker UK Limited (Registered number: 01688038)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

2. ACCOUNTING POLICIES - continued

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 23 (2022 - 24 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1st January 2023 1,109,373
Additions 147,222
Disposals (82,793 )
At 31st December 2023 1,173,802
DEPRECIATION
At 1st January 2023 546,050
Charge for year 132,964
Eliminated on disposal (82,793 )
At 31st December 2023 596,221
NET BOOK VALUE
At 31st December 2023 577,581
At 31st December 2022 563,323

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 915,553 817,552
Other debtors 58,518 57,595
974,071 875,147

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 40,755 66,554
Amounts owed to group undertakings 84,787 25,038
Taxation and social security 370,627 323,510
Other creditors 155,290 116,241
651,459 531,343

Becker UK Limited (Registered number: 01688038)

Notes to the Financial Statements - continued
for the year ended 31st December 2023

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 60,000 62,000
Between one and five years 200,000 210,000
In more than five years 16,667 66,667
276,667 338,667

8. SECURED DEBTS

Barclays Bank PLC hold a debenture containing a fixed and floating charge on all assets of the company.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
700,000 Ordinary £1 700,000 700,000

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

The Report of the Auditors was unqualified.

Matthew Fox FCCA (Senior Statutory Auditor)
for and on behalf of Smailes Goldie

11. PENSION COMMITMENTS

The company makes payments into a defined contribution scheme for the benefit of its directors and employees. The assets of the scheme are separately administered by its trustees. Contributions are charged to the profit and loss account when they fall due. The charge for the year amounted to £154,990 (2022: £167,817). At the year end there were outstanding pension contributions totalling £57,357 (2022: £36,149).

12. ULTIMATE CONTROLLING PARTY

At the balance sheet date the company's ultimate parent undertaking was Gebr. Becker GmbH. The results are consolidated within the results of Gebr. Becker GmbH whose financial statements can be obtained from Hoelker Feld 29-31, 42279 Wuppertal, Germany.