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REGISTERED NUMBER: 05622775 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SCHOCK LIMITED

SCHOCK LIMITED (REGISTERED NUMBER: 05622775)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SCHOCK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: C J Willett





REGISTERED OFFICE: 61 Station Road
Sudbury
Suffolk
CO10 2SP





REGISTERED NUMBER: 05622775 (England and Wales)





AUDITORS: Seago and Stopps Limited
Chartered Certified Accountants
& Statutory Auditors
61 Station Road
Sudbury
Suffolk
CO10 2SP

SCHOCK LIMITED (REGISTERED NUMBER: 05622775)

BALANCE SHEET
31 DECEMBER 2024

31.12.23 31.12.24
£    £    Notes £    £   
FIXED ASSETS
15,749 Tangible assets 4 11,593

CURRENT ASSETS
1,541,657 Debtors 5 1,379,596
40,059 Prepayments and accrued income 35,762
1,850,025 Cash at bank 1,525,984
3,431,741 2,941,342
CREDITORS
1,384,225 Amounts falling due within one year 6 1,165,654
2,047,516 NET CURRENT ASSETS 1,775,688
2,063,265 TOTAL ASSETS LESS CURRENT
LIABILITIES

1,787,281

3,937 PROVISIONS FOR LIABILITIES 2,898
2,059,328 NET ASSETS 1,784,383

CAPITAL AND RESERVES
1,000 Called up share capital 1,000
2,058,328 Retained earnings 1,783,383
2,059,328 SHAREHOLDERS' FUNDS 1,784,383

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 14 February 2025 and were signed on its behalf by:





C J Willett - Director


SCHOCK LIMITED (REGISTERED NUMBER: 05622775)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Schock 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the value of goods sold and work completed during the year, by reference to invoiced sales and the movement between opening and closing trade debtor balances.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment- 33% on cost and 25% on reducing balance
EDP software- 33% on cost

Financial instruments
The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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.

SCHOCK LIMITED (REGISTERED NUMBER: 05622775)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 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 has a defined contribution pension scheme which is administered by an independent financial services company. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 20 ) .

4. TANGIBLE FIXED ASSETS
Office EDP
Totals equipment software
£    £    £   
COST
At 1 January 2024 106,426 77,851 28,575
Additions 7,423 7,423 -
Disposals (4,175 ) (4,175 ) -
At 31 December 2024 109,674 81,099 28,575
DEPRECIATION
At 1 January 2024 90,677 63,774 26,903
Charge for year 11,579 10,573 1,006
Eliminated on disposal (4,175 ) (4,175 ) -
At 31 December 2024 98,081 70,172 27,909
NET BOOK VALUE
At 31 December 2024 11,593 10,927 666
At 31 December 2023 15,749 14,077 1,672

SCHOCK LIMITED (REGISTERED NUMBER: 05622775)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 1,361,609 1,511,377
Amounts owed by group undertakings 10,595 22,080
Other debtors 7,392 8,200
1,379,596 1,541,657

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 102,956 68,597
Amounts owed to group undertakings 361,753 439,038
Taxation and social security 421,496 429,230
Other creditors 279,449 447,360
1,165,654 1,384,225

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

The Report of the Auditors was unqualified.

John Seago FCCA (Senior Statutory Auditor)
for and on behalf of Seago and Stopps Limited

8. OTHER FINANCIAL COMMITMENTS

As at the balance sheet date the company had operating lease commitments of £556,929.

9. ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by Schock AG, a company incorporated in Germany. The group accounts of Schock AG are available from Vimbucher strasse 2, Baden Baden, Germany.