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REGISTERED NUMBER: 02210849 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

BILLION U.K. LIMITED

BILLION U.K. LIMITED (REGISTERED NUMBER: 02210849)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BILLION U.K. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: S A Johnson
K Kiesl





SECRETARY: S A Johnson





REGISTERED OFFICE: 40 Waterside Barns
Lodge Farm Business Centre
Castlethorpe
Milton Keynes
Buckinghamshire
MK19 7ES





REGISTERED NUMBER: 02210849 (England and Wales)





AUDITORS: Ad Valorem Audit Services Limited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN

BILLION U.K. LIMITED (REGISTERED NUMBER: 02210849)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 5 4,578 8,777

CURRENT ASSETS
Stocks 6 46,016 72,515
Debtors 7 275,208 238,587
Cash at bank and in hand 361,313 130,137
682,537 441,239
CREDITORS
Amounts falling due within one year 8 308,198 127,044
NET CURRENT ASSETS 374,339 314,195
TOTAL ASSETS LESS CURRENT
LIABILITIES

378,917

322,972

CAPITAL AND RESERVES
Called up share capital 10 300,000 300,000
Retained earnings 78,917 22,972
SHAREHOLDERS' FUNDS 378,917 322,972

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 29 November 2024 and were signed on its behalf by:





S A Johnson - Director


BILLION U.K. LIMITED (REGISTERED NUMBER: 02210849)

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


1. STATUTORY INFORMATION

Billion U.k. 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 is recognised at fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of the consideration takes into account trade discounts, settlements discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer ( Usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the cost incurred or to be incurred in respect of the transaction can be measured reliably.

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 - 25% on cost
Computer equipment - 25% on cost

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.

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.

BILLION U.K. LIMITED (REGISTERED NUMBER: 02210849)

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


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. AUDITORS' REMUNERATION
2024 2023
£ £
Fees payable to the company's auditors for the audit of the
company's financial statements

5,000

5,000

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£ £ £
COST
At 1 October 2023 35,118 25,280 60,398
Additions 1,899 - 1,899
At 30 September 2024 37,017 25,280 62,297
DEPRECIATION
At 1 October 2023 30,102 21,519 51,621
Charge for year 2,716 3,382 6,098
At 30 September 2024 32,818 24,901 57,719
NET BOOK VALUE
At 30 September 2024 4,199 379 4,578
At 30 September 2023 5,016 3,761 8,777

6. STOCKS
2024 2023
£ £
Stocks 46,016 72,515

BILLION U.K. LIMITED (REGISTERED NUMBER: 02210849)

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


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 209,256 206,494
Amounts owed by group undertakings 43,479 21,706
Other debtors 22,473 10,387
275,208 238,587

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 13,217 21,024
Amounts owed to group undertakings 156,000 8,354
Taxation and social security 114,095 37,200
Other creditors 24,886 60,466
308,198 127,044

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£ £
Within one year 10,000 20,000
Between one and five years - 10,000
10,000 30,000

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
300,000 Ordinary £1 300,000 300,000

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

The Report of the Auditors was unqualified.

Zubair Arshad FCCA (Senior Statutory Auditor)
for and on behalf of Ad Valorem Audit Services Limited

12. RELATED PARTY DISCLOSURES

Included in debtors and creditors is an amount due from and to the parent company: Billion SAS of £43,389 (2023: £21,706 ) and £156,000 (2023: £8,354 ) respectively.

BILLION U.K. LIMITED (REGISTERED NUMBER: 02210849)

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


13. ULTIMATE CONTROLLING PARTY

The directors regard Billion SAS of 1 Avenue Victor Hugo, 01100, Bellignat, France, a company incorporated in France as the immediate parent company and controlling party.

Billion SAS owned 100% of the share capital of Billion U.K. Limited as at 30 September 2023.

As at 30 September 2023, the directors regard MAKO Management Gmbh, a company incorporated in Germany, as the ultimate controlling parent company.