IRIS Accounts Production v24.2.0.383 05576851 Board of Directors Board of Directors Board of Directors 1.1.23 31.12.23 31.12.23 26.9.24 false true false false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh055768512022-12-31055768512023-12-31055768512023-01-012023-12-31055768512021-12-31055768512022-01-012022-12-31055768512022-12-3105576851ns15:EnglandWales2023-01-012023-12-3105576851ns14:PoundSterling2023-01-012023-12-3105576851ns10:Director12023-01-012023-12-3105576851ns10:Director22023-01-012023-12-3105576851ns10:Director32023-01-012023-12-3105576851ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3105576851ns10:SmallEntities2023-01-012023-12-3105576851ns10:Audited2023-01-012023-12-3105576851ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3105576851ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3105576851ns10:AbridgedAccounts2023-01-012023-12-310557685112023-01-012023-12-3105576851ns10:CompanySecretary12023-01-012023-12-3105576851ns10:RegisteredOffice2023-01-012023-12-3105576851ns5:CurrentFinancialInstruments2023-12-3105576851ns5:CurrentFinancialInstruments2022-12-3105576851ns5:ShareCapital2023-12-3105576851ns5:ShareCapital2022-12-3105576851ns5:RetainedEarningsAccumulatedLosses2023-12-3105576851ns5:RetainedEarningsAccumulatedLosses2022-12-3105576851ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3105576851ns5:PlantMachinery2023-01-012023-12-31
REGISTERED NUMBER: 05576851 (England and Wales)















ABRIDGED AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

REGULATEURS EUROPA LIMITED

REGULATEURS EUROPA LIMITED (REGISTERED NUMBER: 05576851)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


REGULATEURS EUROPA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr A Gromer
Mr M A Gromer
Mr M E Congdon


SECRETARY: Mr C K Jeggo


REGISTERED OFFICE: 6 Crown Gate
Wyncolls Road
Severalls Industrial Park
Colchester
Essex
CO4 9HZ


REGISTERED NUMBER: 05576851 (England and Wales)


SENIOR STATUTORY AUDITOR: Mr Trevor Cook FCA


AUDITORS: Baines Jewitt Limited
Statutory Auditors
Spitfire House
19 Falcon Court
Preston Farm Industrial Estate
Stockton-on-Tees
TS18 3TU


BANKERS: Barclays Bank Plc
49 High Street
Stockton-on-Tees
TS17 6YJ

REGULATEURS EUROPA LIMITED (REGISTERED NUMBER: 05576851)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 169,820 168,749
169,820 168,749

CURRENT ASSETS
Stocks 860,778 720,954
Debtors 1,092,142 841,755
Cash at bank and in hand 4,670,026 4,602,772
6,622,946 6,165,481
CREDITORS
Amounts falling due within one year 732,121 651,218
NET CURRENT ASSETS 5,890,825 5,514,263
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,060,645

5,683,012

PROVISIONS FOR LIABILITIES 26,911 24,459
NET ASSETS 6,033,734 5,658,553

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 6,033,733 5,658,552
SHAREHOLDERS' FUNDS 6,033,734 5,658,553

REGULATEURS EUROPA LIMITED (REGISTERED NUMBER: 05576851)

ABRIDGED 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 September 2024 and were signed on its behalf by:




Mr M E Congdon - Director Mr A Gromer - Director




Mr M A Gromer - Director


REGULATEURS EUROPA LIMITED (REGISTERED NUMBER: 05576851)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Regulateurs Europa 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
In accordance with the principles of revenue recognition, turnover is recognised as the right to consideration is obtained through performance of contractual obligations.

Long Term Contracts
Where the outcome of a long term contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract at the end of the accounting period, as measured by the proportion that contract costs incurred to date bear to the estimated total contract costs.

Where the outcome of a long term contract cannot be estimated reliably, revenue is recognised to the extent of contract costs incurred that is probable will be recoverable.

When it is probable that total contract costs will exceed total contract revenue, the expected loss is recognised as an expense immediately.

Intangible assets
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, was amortised evenly over its estimated life of ten 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 - at varying rates on cost

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


REGULATEURS EUROPA LIMITED (REGISTERED NUMBER: 05576851)

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.

Research and development
Research and development expenditure is charged to the profit and loss account in the year in which it is incurred.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date unless there ia a related forward contract in place for the exchange rate, in which case the rate of exchange specified in the contract is used. 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 26 (2022 - 25 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£
COST
At 1 January 2023
and 31 December 2023 202,006
AMORTISATION
At 1 January 2023
and 31 December 2023 202,006
NET BOOK VALUE

At 31 December 2023 -
At 31 December 2022 -

REGULATEURS EUROPA LIMITED (REGISTERED NUMBER: 05576851)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1 January 2023 593,297
Additions 27,443
At 31 December 2023 620,740
DEPRECIATION
At 1 January 2023 424,548
Charge for year 26,372
At 31 December 2023 450,920
NET BOOK VALUE
At 31 December 2023 169,820
At 31 December 2022 168,749

6. LEASING AGREEMENTS
The total amount of operating lease commitments is £265,000 (2022: £367,000).

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

The Report of the Auditors was unqualified.

Mr Trevor Cook FCA (Senior Statutory Auditor)
for and on behalf of Baines Jewitt Limited

8. PENSION COMMITMENTS

Contributions payable at the balance sheet date amounted to £9,916 (2022 : £8,304).

9. ULTIMATE PARENT COMPANY

The ultimate parent company is Heinzmann Holding GmbH, a company incorporated in Germany. Group accounts are drawn up by Heinzmann Holding GmbH and copies are available from the registered office which is Am Haselbach 1, D-79677 Schönau Im Schwarzwald, Baden-Wurttemberg, Germany.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr M A Gromer.