BrightAccountsProduction v1.0.0 v1.0.0 2023-01-01 The company was not dormant during the period The company was trading for the entire period The principal activity of the company is that of providing total solutions under an Environmental and Health & Safety Management System. 12 November 2024 52 42 05723743 2023-12-31 05723743 2022-12-31 05723743 2021-12-31 05723743 2023-01-01 2023-12-31 05723743 2022-01-01 2022-12-31 05723743 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05723743 uk-curr:PoundSterling 2023-01-01 2023-12-31 05723743 uk-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05723743 uk-bus:FullAccounts 2023-01-01 2023-12-31 05723743 uk-bus:Director1 2023-01-01 2023-12-31 05723743 uk-bus:Director2 2023-01-01 2023-12-31 05723743 uk-bus:Director3 2023-01-01 2023-12-31 05723743 uk-bus:Director4 2023-01-01 2023-12-31 05723743 uk-bus:CompanySecretary1 2023-01-01 2023-12-31 05723743 uk-bus:RegisteredOffice 2023-01-01 2023-12-31 05723743 uk-bus:Agent1 2023-01-01 2023-12-31 05723743 uk-core:ShareCapital 2023-12-31 05723743 uk-core:ShareCapital 2022-12-31 05723743 uk-core:OtherReservesSubtotal 2023-12-31 05723743 uk-core:OtherReservesSubtotal 2022-12-31 05723743 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 05723743 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-12-31 05723743 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-12-31 05723743 uk-bus:FRS102 2023-01-01 2023-12-31 05723743 uk-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-01-01 2023-12-31 05723743 uk-core:PlantMachinery 2023-01-01 2023-12-31 05723743 uk-core:FurnitureFittingsToolsEquipment 2023-01-01 2023-12-31 05723743 uk-core:MotorVehicles 2023-01-01 2023-12-31 05723743 uk-core:OtherPropertyPlantEquipment 2023-01-01 2023-12-31 05723743 uk-bus:Audited 2023-01-01 2023-12-31 05723743 uk-core:IntangibleAssetsOtherThanGoodwill 2022-12-31 05723743 uk-core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2022-12-31 05723743 uk-core:BrandNames 2022-12-31 05723743 uk-core:IntangibleAssetsOtherThanGoodwill 2023-01-01 2023-12-31 05723743 uk-core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2023-01-01 2023-12-31 05723743 uk-core:BrandNames 2023-01-01 2023-12-31 05723743 uk-core:IntangibleAssetsOtherThanGoodwill 2023-12-31 05723743 uk-core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2023-12-31 05723743 uk-core:BrandNames 2023-12-31 05723743 uk-core:CostValuation 2022-12-31 05723743 uk-core:RevaluationsIncreaseDecreaseInInvestments 2023-12-31 05723743 uk-core:CostValuation 2023-12-31 05723743 uk-core:Subsidiary1 2023-01-01 2023-12-31 05723743 uk-core:Subsidiary2 2023-01-01 2023-12-31 05723743 uk-core:CurrentFinancialInstruments 2023-12-31 05723743 uk-core:CurrentFinancialInstruments 2022-12-31 05723743 uk-core:CurrentFinancialInstruments 2023-12-31 05723743 uk-core:CurrentFinancialInstruments 2022-12-31 05723743 uk-core:WithinOneYear 2023-12-31 05723743 uk-core:WithinOneYear 2022-12-31 05723743 uk-core:WithinOneYear 2023-12-31 05723743 uk-core:WithinOneYear 2022-12-31 05723743 uk-core:ParentEntities 2023-01-01 2023-12-31 05723743 uk-core:UltimateParent 2023-01-01 2023-12-31 05723743 uk-countries:Brazil 2023-01-01 2023-12-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 05723743
 
 
Ambipar Response Limited
 
Financial Statements
 
for the financial year ended 31 December 2023



Ambipar Response Limited
DIRECTORS AND OTHER INFORMATION

 
Directors Tercio Borlenghi
Guilherme Patini Borlenghi
Thiago Da Costa Silva
Tharsis Andre Guido
 
 
Company Secretary Gravitas Company Secretarial Services Limited
 
 
Company Registration Number 05723743
 
 
Registered Office 5th Floor
One New Change
London
EC4M 9AF
United Kingdom
 
 
Business Address Victory House
3 Churchill Court
Manor Royal
Crawley
RH10 9LU
United Kingdom
 
 
Independent Auditors GBW Audit & Accountancy ULC
Chartered Certified Accountants and Statutory Auditors
23 Parnell Place
Cork
T12T853
Ireland
 
 
Bankers HSBC
  69 Pall Mall
  St. James
  London
  SW1Y 5EY
  United Kingdom
   
   
  RBS
  10th Floor
  250 Bishopsgate
  London
  EC2M 4AA
  United Kingdom



Ambipar Response Limited
Company Registration Number: 05723743
BALANCE SHEET
as at 31 December 2023

2023 2022
Notes £ £
as restated
 
Fixed Assets
Intangible assets 6 1,008,046 958,258
Tangible assets 7 575,216 242,961
Investments 8 130,343 100
───────── ─────────
Fixed Assets 1,713,605 1,201,319
───────── ─────────
 
Current Assets
Stocks 9 79,787 76,947
Debtors 10 2,171,671 1,906,148
Cash at bank and in hand 745,345 1,200,172
───────── ─────────
2,996,803 3,183,267
───────── ─────────
Creditors: amounts falling due within one year 11 (935,720) (1,050,715)
───────── ─────────
Net Current Assets 2,061,083 2,132,552
───────── ─────────
Total Assets less Current Liabilities 3,774,688 3,333,871
═════════ ═════════
 
Capital and Reserves
Called up share capital 1,000 1,000
Other reserves 4,067,715 4,067,715
Retained earnings (294,027) (734,844)
───────── ─────────
Equity attributable to owners of the company 3,774,688 3,333,871
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.
           
Approved by the Board and authorised for issue on 12 November 2024 and signed on its behalf by
           
           
Thiago Da Costa Silva     Tharsis Andre Guido
Director     Director
           



Ambipar Response Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 December 2023

   
1. General Information
 
Ambipar Response Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 05723743. The registered office of the company is 5th Floor, One New Change, London, EC4M 9AF, United Kingdom. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 December 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover is measured at Fair Value of the consideration received or receivable. Revenue is reduced for estimated customer rebates and other similar allowances.

Turnover arising from the rendering of environmental and consultancy services is recognised upon delivery of these services.

Turnover arising from the sale of goods and equipment is recognised when the legal title over the goods has been transferred.

Turnover arising from membership agreements is recognised over the duration of the membership agreements.
 
Intangible assets
 
Right of Use Machinery
Right of Use Machinery are valued at cost less accumulated amortisation.
 
Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 18 months.
 
Right of Use Property
Right of Use Property are valued at cost less accumulated amortisation.
 
Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 18 months.
 
Rebranding
Rebranding are valued at cost less accumulated amortisation.
 
Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful life of 4 years.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 10% Straight line
  Fixtures and fittings - 25% Straight line
  Motor vehicles - 25% Straight line
  Computer Equipment - 25% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Leasing and hire purchases
Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.
 
Leasing
Rentals payable under operating leases are dealt with in the Profit and Loss Account as incurred over the period of the rental agreement.
 
Investments
Investments held as fixed assets are stated at fair value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
 
Trade and other debtors
Trade debtors with no stated interest rate and receivable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
 
Trade and other creditors
Trade creditors with no stated interest rate and payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
 
Exceptional item
Exceptional items are those that the directors' view are required to be separately disclosed by virtue of their size or incidence to enable a full understanding of the company's financial performance.
   
3. INFORMATION RELATING TO THE AUDITOR'S REPORT
 
The Audit Report was unqualified. There were no matters to which the auditor was required to refer by way of emphasis.
 
The financial statements were audited by GBW Audit & Accountancy ULC.
The Auditor's Report was signed by Alan Lotty FCA (Senior Statutory Auditor) for and on behalf of GBW Audit & Accountancy ULC on 12th November 2024.
 
       
4. Employees
 
The average monthly number of employees, including directors, during the financial year was 52, (2022 - 42).
 
  2023 2022
  Number Number
 
Employees including directors 52 42
  ═════════ ═════════
   
5. Related Parties Regularization
 
The accounts have been restated to incorporate the impact of the ultimate parent company's regularization of Relate Parties transactions within the Group. The adjustment has resulted in the profits available for distribution at the 31st December 2022 decreasing after tax by £1,327,238.61.
           
6. Intangible assets
  Right of Use Right of Use Rebranding  
  Machinery Property   Total
  £ £ £ £
Cost
At 1 January 2023 - - 1,121,867 1,121,867
Additions 303,691 226,427 4,300 534,418
  ───────── ───────── ───────── ─────────
At 31 December 2023 303,691 226,427 1,126,167 1,656,285
  ───────── ───────── ───────── ─────────
Amortisation
At 1 January 2023 - - 163,609 163,609
Charge for financial year 121,144 82,930 280,556 484,630
  ───────── ───────── ───────── ─────────
At 31 December 2023 121,144 82,930 444,165 648,239
  ───────── ───────── ───────── ─────────
Net book value
At 31 December 2023 182,547 143,497 682,002 1,008,046
  ═════════ ═════════ ═════════ ═════════
At 31 December 2022 - - 958,258 958,258
  ═════════ ═════════ ═════════ ═════════
             
7. Tangible assets
  Plant and Fixtures Motor Computer Total
  machinery and fittings vehicles Equipment  
           
  £ £ £ £ £
Cost
At 1 January 2023 968,903 27,271 101,054 35,673 1,132,901
Additions 281,440 363 94,665 22,449 398,917
  ───────── ───────── ───────── ───────── ─────────
At 31 December 2023 1,250,343 27,634 195,719 58,122 1,531,818
  ───────── ───────── ───────── ───────── ─────────
Depreciation
At 1 January 2023 755,465 27,054 93,053 14,368 889,940
Charge for the financial year 37,145 132 15,766 13,619 66,662
  ───────── ───────── ───────── ───────── ─────────
At 31 December 2023 792,610 27,186 108,819 27,987 956,602
  ───────── ───────── ───────── ───────── ─────────
Net book value
At 31 December 2023 457,733 448 86,900 30,135 575,216
  ═════════ ═════════ ═════════ ═════════ ═════════
At 31 December 2022 213,438 217 8,001 21,305 242,961
  ═════════ ═════════ ═════════ ═════════ ═════════
       
8. Investments
  Group and Total
  participating  
  interests/  
  joint ventures  
Investments £ £
Cost or Valuation
At 1 January 2023 100 100
Revaluations 130,243 130,243
  ───────── ─────────
At 31 December 2023 130,343 130,343
  ───────── ─────────
Net book value
At 31 December 2023 130,343 130,343
  ═════════ ═════════
At 31 December 2022 100 100
  ═════════ ═════════
 
The investment in Ambipar Howells Consultancy Ltd is recognised as a liability in the Accounts under "Other Creditors" in Note 9.
             
8.1. Holdings in related undertakings
The company holds 20% or more of the share capital of the following companies:
 
  Country Nature   Details Proportion
  of of   of held by
Name incorporation and address of Registered Office business   investment company
 
Subsidiary undertaking
Ambipar Response Ltd Island Corporate Park, Wallinstown, Little Island, Cork, T45 EW26, Republic of Ireland Remediation activities and other waste management services   Ordinary 100
 
Ambipar Howells Consultancy Ltd 5th Floor, One New Change, London, EC4M 9AF, United Kingdom dormant company   Ordinary 100
 
 
The Subsidiary, Ambipar Response Ltd is incorporated in the Republic of Ireland.
 
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
 
  Year ended Capital and     Profit for
    reserves     the year
    £     £
 
Ambipar Response Ltd 31 December 2023 130,343     126,965
Ambipar Howells Consultancy Ltd 31 December 2023 (218,239)     -
    ═════════     ═════════
 
In the opinion of the directors, the value to the company of the unlisted investments is not materially less than the book amount shown above.
       
9. Stocks 2023 2022
  £ £
 
Finished goods and goods for resale 79,787 76,947
  ═════════ ═════════
 
The replacement cost of stock did not differ significantly from the figures shown.
       
10. Debtors 2023 2022
  £ £
 
Trade debtors 630,277 927,108
Amounts owed by group undertakings 1,054,865 74,242
Other debtors 486,529 904,798
  ───────── ─────────
  2,171,671 1,906,148
  ═════════ ═════════
       
11. Creditors 2023 2022
Amounts falling due within one year £ £
 
Bank loan 71,156 124,644
Trade creditors 110,302 123,480
Amounts owed to group undertakings 148,715 148,715
Taxation  (Note 12) 54,731 76,322
Other creditors 218,239 -
Accruals 332,577 577,554
  ───────── ─────────
  935,720 1,050,715
  ═════════ ═════════
 
The company has a bank overdraft facility in place with its bank. The bank overdraft facility is secured by the lender via fixed and floating charges across all property or undertaking of the property and contains a negative pledge. The charge was registered on 28 May 2019.
       
12. Taxation 2023 2022
  £ £
 
Creditors:
VAT 2,197 35,896
Corporation tax - 486
PAYE / NI 52,534 39,940
  ───────── ─────────
  54,731 76,322
  ═════════ ═════════
       
13. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 December 2023.
           
14. Related party transactions
The company has availed of the exemption under FRS 102 Section 1A in relation to the disclosure of transactions with group undertakings.
   
15. Parent and ultimate parent company
 
The company regards Ambipar Holdings (UK) Ltd as its parent company.
 
Ambipar Participações e Empreendimentos S.A. (incorporated in Brazil) is regarded by the directors as being the companys ultimate parent company in whose consolidated financial statements the companys financial statements are consolidated. These consolidated financial statements may be obtained directly from the www.ambipar.com website.
The address of Ambipar Participações e Empreendimentos S.A. is Avenida Pacaembu, nÂ? 1.088, CEP 01234-000, Sao Pa Ireland.
 
   
16. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.