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REGISTERED NUMBER: 01032395 (England and Wales)















Financial Statements

for the Year Ended 31 December 2024

for

Von Roll UK Limited

Von Roll UK Limited (Registered number: 01032395)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Von Roll UK Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: A Lust



SECRETARY: C Turner



REGISTERED OFFICE: 42 Wharfedale Road
Euroway Estate
BRADFORD
West Yorkshire
BD4 6SG



REGISTERED NUMBER: 01032395 (England and Wales)



AUDITORS: Stirk Lambert & Co
Chartered Accountants
Statutory Auditors
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS



SOLICITORS: McCormicks Solicitors
35-37 East Parade
Harrogate
North Yorkshire
HG1 5LQ

Von Roll UK Limited (Registered number: 01032395)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £'000 £'000
FIXED ASSETS
Tangible assets 4 739 701

CURRENT ASSETS
Stocks 1,164 1,096
Debtors 5 1,178 1,510
Cash at bank and in hand 4,345 3,255
6,687 5,861
CREDITORS
Amounts falling due within one year 6 (937 ) (1,007 )
NET CURRENT ASSETS 5,750 4,854
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,489

5,555

PROVISIONS FOR LIABILITIES 9 (113 ) (88 )
NET ASSETS 6,376 5,467

CAPITAL AND RESERVES
Called up share capital 10 3,750 3,750
Capital redemption reserve 348 348
Retained earnings 2,278 1,369
SHAREHOLDERS' FUNDS 6,376 5,467

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.

Von Roll UK Limited (Registered number: 01032395)

Statement of Financial Position - continued
31 December 2024



The financial statements were approved by the director and authorised for issue on 21 January 2025 and were signed by:





A Lust - Director


Von Roll UK Limited (Registered number: 01032395)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Von Roll 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.

Preparation of consolidated financial statements
The financial statements contain information about Von Roll UK Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Von Roll Holding AG, .

Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 5% on cost
Plant and machinery - at varying rates on cost
Fixtures and fittings - at varying rates on cost
Computer equipment - 33% 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.

Work in progress are valued at the lower of cost and net realisable value.

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 statement of financial position date.


Von Roll UK Limited (Registered number: 01032395)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
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
Costs in respect of operating leases are charged on a straight-line basis over the lease term.

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.

Going concern
The directors have reviewed the financial position of the company, including consideration of the uncertainties arising from the current difficult economic environment and the consequential impact of this upon trading and financing, and the principal risks and uncertainties of the company.

The financial statements have been prepared on the going concern basis as there is reasonable expectation, based on current financial projections and resources available, that the company has adequate resources to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2023 - 33 ) .

Von Roll UK Limited (Registered number: 01032395)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£'000 £'000 £'000 £'000 £'000
COST
At 1 January 2024 1,135 2,683 89 194 4,101
Additions 18 116 11 23 168
Disposals - (42 ) - - (42 )
At 31 December 2024 1,153 2,757 100 217 4,227
DEPRECIATION
At 1 January 2024 1,012 2,123 79 186 3,400
Charge for year 13 105 4 8 130
Eliminated on disposal - (42 ) - - (42 )
At 31 December 2024 1,025 2,186 83 194 3,488
NET BOOK VALUE
At 31 December 2024 128 571 17 23 739
At 31 December 2023 123 560 10 8 701

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£'000 £'000
Trade debtors 1,133 1,469
Amounts owed by group undertakings 1 4
Prepayments and accrued income 44 37
1,178 1,510

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£'000 £'000
Trade creditors 436 355
Amounts owed to group undertakings 105 281
Tax 127 101
Social security and other taxes 135 144
Accruals and deferred income 134 126
937 1,007

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£'000 £'000
Within one year 47 46
Between one and five years 27 42
74 88

Von Roll UK Limited (Registered number: 01032395)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. SECURED DEBTS

The company issued a Debenture in favour of Lloyds Bank Plc dated 10 March 1997 securing trading guarantees against the freehold property.

9. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£'000 £'000
Deferred tax 113 88

Deferred
tax
£'000
Balance at 1 January 2024 88
Provided during year 24
Balance at 31 December 2024 112

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £'000 £'000
3,750,000 Ordinary £1 3,750 3,750

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

The Report of the Auditors was unqualified.

Catherine Hill FCA CTA (Senior Statutory Auditor)
for and on behalf of Stirk Lambert & Co

12. CAPITAL COMMITMENTS
31.12.24 31.12.23
£'000 £'000
Contracted but not provided for in the
financial statements 12 -

13. RELATED PARTY DISCLOSURES

Throughout the current year and prior year the company has been a wholly owned subsidiary of Von Roll Insulation & Composites Holding AG, which is a wholly owned subsidiary of Von Roll Holding AG, whose consolidated financial statements are publicly available. Consequently, there are no disclosures required for transactions or balances with any entity in the Von Roll Insulation & Composites Holding AG group of companies.

Von Roll UK Limited (Registered number: 01032395)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

14. ULTIMATE CONTROLLING PARTY

The company's immediate parent company is Von Roll Insulation & Composites Holding AG, a company incorporated in Switzerland which is a wholly owned subsidiary of Von Roll Holding AG.

The ultimate parent company and controlling party is SKion GmbH an investment company registered in Germany The registered office address is Seedammweg 55 61352, Bad Homburg,Hessen, Germany.

The smallest group of which this company is a member and for which group accounts are prepared is headed by Von Roll Holding AG. Copies of Von Roll Holding AG's consolidated financial statements may be obtained from the Company Secretary, Von Roll Holding AG, CH4226, Breitenbach, Switzerland.