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REGISTERED NUMBER: 09774227 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Geutebruck (UK) Limited

Geutebruck (UK) Limited (Registered number: 09774227)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Geutebruck (UK) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr D L Cunliffe





REGISTERED OFFICE: Unit 16
Apollo Office Court Unit 16
Apollo Office Court
Gawcott
Buckinghamshire
MK18 4DF





REGISTERED NUMBER: 09774227 (England and Wales)





ACCOUNTANTS: SRB Associates (Leicestershire) Limited
Pera Business Park
Nottingham Road
Melton Mowbray
Leicestershire
LE13 0PB

Geutebruck (UK) Limited (Registered number: 09774227)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 190,758 201,817
Tangible assets 5 11,010 12,515
Investments 6 1,616 1,616
203,384 215,948

CURRENT ASSETS
Stocks 7 43,555 20,985
Debtors 8 186,801 161,210
Cash at bank 2,852 16,539
233,208 198,734
CREDITORS
Amounts falling due within one year 9 167,685 59,478
NET CURRENT ASSETS 65,523 139,256
TOTAL ASSETS LESS CURRENT
LIABILITIES

268,907

355,204

PROVISIONS FOR LIABILITIES 10 1,997 2,235
NET ASSETS 266,910 352,969

CAPITAL AND RESERVES
Called up share capital 11 325,000 325,000
Retained earnings (58,090 ) 27,969
SHAREHOLDERS' FUNDS 266,910 352,969

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 director acknowledges his 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.

Geutebruck (UK) Limited (Registered number: 09774227)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 September 2024 and were signed by:





Mr D L Cunliffe - Director


Geutebruck (UK) Limited (Registered number: 09774227)

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

1. STATUTORY INFORMATION

Geutebruck (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.

Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Goodwill
Goodwill is the difference between between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 25 years this being the term of the Sole Distribution Agreement from Geutebruck GmbH covering the United Kingdom and Ireland.

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.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each assets over its expected useful life, as follow:

Plant & Machinery - 33.3 % Straight Line Basis

Motor Vehicles - 25% Straight Line Basis

Fixtures & Fittings - 25% Straight Line Basis

Computer Equipment - 33.3 % Straight Line Basis

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 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 balance sheet date.


Geutebruck (UK) Limited (Registered number: 09774227)

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

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.

Government grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. EMPLOYEES AND DIRECTORS

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

Geutebruck (UK) Limited (Registered number: 09774227)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 276,462
AMORTISATION
At 1 January 2023 74,645
Charge for year 11,059
At 31 December 2023 85,704
NET BOOK VALUE
At 31 December 2023 190,758
At 31 December 2022 201,817

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 65,839 7,000 43,601 29,659 146,099
Additions 8,749 - - - 8,749
Disposals (1,259 ) - - - (1,259 )
At 31 December 2023 73,329 7,000 43,601 29,659 153,589
DEPRECIATION
At 1 January 2023 57,419 7,000 40,661 28,504 133,584
Charge for year 6,572 - 2,940 743 10,255
Eliminated on disposal (1,260 ) - - - (1,260 )
At 31 December 2023 62,731 7,000 43,601 29,247 142,579
NET BOOK VALUE
At 31 December 2023 10,598 - - 412 11,010
At 31 December 2022 8,420 - 2,940 1,155 12,515

6. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.12.23 31.12.22
£    £   
Investments 1,616 1,616

Investment is the purchase of the personalised number plates : X1GUK, D2GUK and S2GUK for the company vans for easy identification when assessing high secure units.

Geutebruck (UK) Limited (Registered number: 09774227)

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

7. STOCKS
31.12.23 31.12.22
£    £   
Stocks 43,555 20,985

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 63,974 67,071
Other debtors 84,250 84,250
Tax 37,428 2,461
Prepayments 1,149 7,428
186,801 161,210

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 99,114 16,397
Social security and other taxes 17,788 14,081
Pension control 874 1,575
Other creditors 31,725 (1 )
Company credit card 647 1,350
Accruals and deferred income 17,537 26,076
167,685 59,478

10. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 1,997 2,235

Deferred
tax
£   
Balance at 1 January 2023 2,235
Credit to Income Statement during year (238 )
Balance at 31 December 2023 1,997

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
325,000 Ordinary Shares £1 325,000 325,000

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is ADMA Holdings Limited who controls 100% of the shares of Geutebruck (UK) Limited.