REGISTERED NUMBER: |
Financial Statements for the Year Ended 30 April 2024 |
for |
BARTEC (U.K.) LIMITED |
REGISTERED NUMBER: |
Financial Statements for the Year Ended 30 April 2024 |
for |
BARTEC (U.K.) LIMITED |
BARTEC (U.K.) LIMITED (Registered number: 01700764) |
Contents of the Financial Statements |
for the Year Ended 30 April 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
BARTEC (U.K.) LIMITED |
Company Information |
for the Year Ended 30 April 2024 |
Director: |
Registered office: |
Registered number: |
Auditors: |
Chartered Certified Accountants |
Library Chambers |
48 Union Street |
Hyde |
Cheshire |
SK14 1ND |
BARTEC (U.K.) LIMITED (Registered number: 01700764) |
Balance Sheet |
30 April 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 5 |
Current assets |
Stocks |
Debtors | 6 |
Prepayments and accrued income |
Cash at bank |
Creditors |
Amounts falling due within one year | 7 |
Net current assets |
Total assets less current liabilities |
Capital and reserves |
Called up share capital | 8 |
Retained earnings |
Shareholders' funds |
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 director and authorised for issue on |
BARTEC (U.K.) LIMITED (Registered number: 01700764) |
Notes to the Financial Statements |
for the Year Ended 30 April 2024 |
1. | Statutory information |
BARTEC (U.K.) LIMITED is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | Accounting policies |
Basis of preparing the financial statements |
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. |
Turnover |
Turnover represents the value, net of value added tax, of goods and services supplied to customers, less returns. |
Turnover is recognised on despatch, other than for long term contracts, which is recognised according to the degree of completion on a contract by contract basis. |
Tangible fixed assets |
Plant and machinery | - |
Office equipment | - |
Motor vehicles | - |
Computer equipment | - |
Stocks |
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the weighted average principal and includes expenditure incurred in acquiring the stocks, production or conversion costs and other costs in bringing them to their existing location and condition. In the case of manufactures stocks and work in progress, cost includes an appropriate share of overheads based on normal operating capacity. |
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. |
BARTEC (U.K.) LIMITED (Registered number: 01700764) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
2. | Accounting policies - continued |
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. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
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. |
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 |
4. | Auditors' remuneration |
2024 | 2023 |
£ | £ |
Fees payable to the company's auditors for the audit of the company's financial statements |
16,500 |
17,265 |
Taxation compliance services |
BARTEC (U.K.) LIMITED (Registered number: 01700764) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
5. | Tangible fixed assets |
Improvements |
to | Plant and | Office |
property | machinery | equipment |
£ | £ | £ |
Cost |
At 1 May 2023 |
Additions |
Disposals | ( |
) | ( |
) |
At 30 April 2024 |
Depreciation |
At 1 May 2023 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) |
At 30 April 2024 |
Net book value |
At 30 April 2024 |
At 30 April 2023 |
Motor | Computer |
vehicles | equipment | Totals |
£ | £ | £ |
Cost |
At 1 May 2023 |
Additions |
Disposals | ( |
) | ( |
) |
At 30 April 2024 |
Depreciation |
At 1 May 2023 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) |
At 30 April 2024 |
Net book value |
At 30 April 2024 |
At 30 April 2023 |
6. | Debtors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
BARTEC (U.K.) LIMITED (Registered number: 01700764) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2024 |
7. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
8. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary | £1 | 17,000 | 17,000 |
9. | Disclosure under Section 444(5B) of the Companies Act 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
10. | Ultimate controlling party |
The directors regard Bartec GmbH, a company registered in Germany, as the immediate parent company. Bartec GmbH's registered office is at Max Eyth Str 16, D-97890, Bad Mergentheim, Germany. |
The ultimate parent undertaking is Safety Global Lux SARL, incorporated in Luxembourg. |
The largest group into which the company is consolidated is that headed by Safety Global Lux SARL, incorporated in Luxembourg. The consolidated financial statements of this group are available at the following address Max Eyth Str 16, D-97890, Bad Mergentheim, Germany. |
The directors regard Charterhouse Capital Partners LLP as the ultimate controlling party. Charterhouse Capital Partners LLP's registered office is Warwick Court, Paternoster Square, London, EC4M 7DX. |