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REGISTERED NUMBER: 06944980 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Ricola UK Limited

Ricola UK Limited (Registered number: 06944980)






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


Ricola UK Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: P Haenggi
S L F Boenders



REGISTERED OFFICE: Pera Business Park
Nottingham Road
Melton Mowbray
Leicestershire
LE13 0PB



REGISTERED NUMBER: 06944980 (England and Wales)



SENIOR STATUTORY AUDITOR: Mark Harrison BA (Hons) FCA



AUDITORS: Mark J Rees LLP, Statutory Auditor
Granville Hall
Granville Road
Leicester
Leicestershire
LE1 7RU

Ricola UK Limited (Registered number: 06944980)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Debtors 4 124,204 20,184
Cash at bank 103,452 235,332
227,656 255,516
CREDITORS
Amounts falling due within one year 5 50,708 94,371
NET CURRENT ASSETS 176,948 161,145
TOTAL ASSETS LESS CURRENT
LIABILITIES

176,948

161,145

CAPITAL AND RESERVES
Called up share capital 6 1 1
Other reserves - 3,989
Retained earnings 176,947 157,155
SHAREHOLDERS' FUNDS 176,948 161,145

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 22 August 2024 and were signed on its behalf by:




P Haenggi - Director



S L F Boenders - Director


Ricola UK Limited (Registered number: 06944980)

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

1. STATUTORY INFORMATION

Ricola 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.

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


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.

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

Revenue is recognised in the period in which services are performed.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Lease commitments
Rentals paid under operating leases are charged to the profit and loss account, over a straight line basis over the period of the lease.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Ricola UK Limited (Registered number: 06944980)

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

2. ACCOUNTING POLICIES - continued

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts due from group
undertakings 103,540 -
Prepayments 20,664 20,184
124,204 20,184

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Tax 3,900 2,625
Amounts owed to group
undertakings - 70,763
Accruals and deferred income 46,808 20,983
50,708 94,371

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
1 Ordinary £1 1 1

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

The Report of the Auditors was unqualified.

Mark Harrison BA (Hons) FCA (Senior Statutory Auditor)
for and on behalf of Mark J Rees LLP, Statutory Auditor

8. RELATED PARTY DISCLOSURES

The company is wholly owned by Ricola AG, a company incorporated in Switzerland.

The company invoiced Ricola AG £330,932 (2022 - £265,444) during the period in respect of administration charges. At the end of the period £103,540 was due from Ricola AG - debtor (2022 - £70,763 was due to Ricola AG - creditor).

Ricola UK Limited (Registered number: 06944980)

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

9. ULTIMATE CONTROLLING PARTY

The ultimate parent company is Ricola Familienholding AG. The company is incorporated in Switzerland and the principal place of business is:

PO Box 130
CH-4242 Laufen
Switzerland