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REGISTERED NUMBER: 00645201 (England and Wales)















BAUMER LIMITED

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024






BAUMER LIMITED (REGISTERED NUMBER: 00645201)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 6


BAUMER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: Herr S Bruno
Mr J Sumner



SECRETARY: Mr J Sumner



REGISTERED OFFICE: 33-36 Shrivenham Hundred Business Park
Majors Road
Watchfield
SWINDON
Wiltshire
SN6 8TZ



REGISTERED NUMBER: 00645201 (England and Wales)



AUDITORS: Morris Owen
Statutory Auditors
43-45 Devizes Road
SWINDON
Wiltshire
SN1 4BG



BANKERS: Barclays Bank Plc
28 Regent Street
SWINDON
Wiltshire
SN1 1QB



SOLICITORS: Gardner Leader
Hardwick House
Prospect Place
SWINDON
Wiltshire
SN1 3LJ

BAUMER LIMITED (REGISTERED NUMBER: 00645201)

STATEMENT OF FINANCIAL POSITION
30TH SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 169,366 191,125

CURRENT ASSETS
Inventories 192,958 179,528
Debtors 5 733,582 850,081
Cash at bank 1,611,444 1,231,936
2,537,984 2,261,545
CREDITORS
Amounts falling due within one year 6 381,369 243,366
NET CURRENT ASSETS 2,156,615 2,018,179
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,325,981

2,209,304

PROVISIONS FOR LIABILITIES 7,135 7,963
NET ASSETS 2,318,846 2,201,341

CAPITAL AND RESERVES
Called up share capital 8 4,000 4,000
Retained earnings 9 2,314,846 2,197,341
SHAREHOLDERS' FUNDS 2,318,846 2,201,341

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 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 19th November 2024 and were signed on its behalf by:





Herr S Bruno - Director


BAUMER LIMITED (REGISTERED NUMBER: 00645201)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


1. STATUTORY INFORMATION

Baumer Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 00645201

Registered office: 33-36 Shrivenham Hundred Business Park
Majors Road
Watchfield
SWINDON
Wiltshire
SN6 8TZ

The presentation currency of the financial statements is the Pound Sterling (£) rounded to the nearest pound.

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.

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 as stated in Section 33 Related Party Disclosure paragraph 33.7.

Significant judgements and estimates
In preparing these financial statements, the directors have made the following judgements:
- Determine whether leases entered into by the company as a lessee are operating leases or finance leases. These decisions depend on an assessment of whether the risks and rewards of ownership have been transferred from the lessor to the lessee on a lease by lease basis.
- Determine the period of useful economic life and any residual value of all tangible fixed assets order to write off the value of each asset over that period.
- Determine an appropriate provision for bad and doubtful debts by assessing the recoverability of all balances on a balance by balance basis.
- Determine an appropriate provision for obsolete and slow moving stocks by assessing the net realisable value of all stock lines on a line by line basis.

Revenue recognition
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 when the goods are despatched.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold property - 2% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

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

BAUMER LIMITED (REGISTERED NUMBER: 00645201)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
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.

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

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 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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 15 (2023 - 13 ) .

BAUMER LIMITED (REGISTERED NUMBER: 00645201)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Leasehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1st October 2023 415,021 89,676 77,368 582,065
Additions - - 10,205 10,205
At 30th September 2024 415,021 89,676 87,573 592,270
DEPRECIATION
At 1st October 2023 269,328 68,100 53,512 390,940
Charge for year 7,755 12,421 11,788 31,964
At 30th September 2024 277,083 80,521 65,300 422,904
NET BOOK VALUE
At 30th September 2024 137,938 9,155 22,273 169,366
At 30th September 2023 145,693 21,576 23,856 191,125

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 692,710 804,524
Amounts owed by group undertakings - 9,424
Prepayments and accrued income 40,872 36,133
733,582 850,081

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 21,598 16,098
Amounts owed to group undertakings 55,771 -
Corporation tax 39,339 55,218
Social security and other taxes 38,851 -
VAT 144,893 72,340
Other creditors 51,220 29,032
Accruals and deferred income 29,697 70,678
381,369 243,366

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 53,456 52,059
Between one and five years 58,171 85,081
In more than five years 383,200 383,600
494,827 520,740

Included within the above is ground rent of £385,200 (2023: £385,600) payable over the next 963 years (2023: 964 years) at £400 per annum.

BAUMER LIMITED (REGISTERED NUMBER: 00645201)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2,000 Ordinary £1 2,000 2,000
2,000 Deferred £1 2,000 2,000
4,000 4,000

9. RESERVES
Retained
earnings
£   

At 1st October 2023 2,197,341
Profit for the year 117,505
At 30th September 2024 2,314,846

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

The Report of the Auditors was unqualified.

Mr Alan John Barlow (Senior Statutory Auditor)
for and on behalf of Morris Owen

11. ULTIMATE CONTROLLING PARTY

Baumer Holding AG (incorporated in Switzerland) is the company's immediate and ultimate parent company.

The address from where financial statements can be obtained is;

Hummelstrasse 17
CH-8500 Frauenfeld
Switzerland

12. CONTINGENCIES

The bank has given a duty deferment bond to HM Revenue & Customs on behalf of the company for £80,000 dated 12th September 1997.

The bank also holds as security over the assets of the company, a debenture on bank form dated 2nd September 1997, should the deferment bond be exercised.