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REGISTERED NUMBER: 09391114 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

R. TALENS UK LIMITED

R. TALENS UK LIMITED (REGISTERED NUMBER: 09391114)






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


R. TALENS UK LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTORS: R G Benning
Y Karia





REGISTERED OFFICE: Wallis House
27 Broad Street
Wokingham
RG40 1AU





REGISTERED NUMBER: 09391114 (England and Wales)





AUDITORS: Oury Clark Chartered Accountants
Statutory Auditors
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

R. TALENS UK LIMITED (REGISTERED NUMBER: 09391114)

BALANCE SHEET
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,856 1,051

CURRENT ASSETS
Debtors 5 40,949 28,849
Cash at bank 448,512 186,495
489,461 215,344
CREDITORS
Amounts falling due within one year 6 436,215 294,179
NET CURRENT ASSETS/(LIABILITIES) 53,246 (78,835 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,102

(77,784

)

CREDITORS
Amounts falling due after more than one year 7 139,449 -
NET LIABILITIES (81,347 ) (77,784 )

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings (81,348 ) (77,785 )
SHAREHOLDERS' FUNDS (81,347 ) (77,784 )

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 18 February 2025 and were signed on its behalf by:





R G Benning - Director


R. TALENS UK LIMITED (REGISTERED NUMBER: 09391114)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

R. Talens 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.

The company's trading address is Wallis House, 27 Broad Street, Wokingham, United Kingdom, RG40 1AU.

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.

The accounts have been prepared on the going concern basis in light of the fact that a group company, Koninklijke Talens B.V., have provided a commitment to provide any financial support which may be necessary in order that the company can meet its liabilities, as they fall due, for the foreseeable future being for a period of at least 12 months and 1 day following the signing of the audit report.

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.

Turnover
Turnover is calculated on a cost plus 5% basis excluding certain costs, and is recharged to a fellow group company. Revenue is invoiced monthly and recognised when the costs are incurred.

Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

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

Office Equipment etc. - 20% Straight line

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.


R. TALENS UK LIMITED (REGISTERED NUMBER: 09391114)

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 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.

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.

Basic financial instruments
Basic financial instruments as covered by Section 11 of FRS 102 (Section 1A) are measured at amortised cost. The company does not have any other financial instruments as covered by Section 12 of FRS 102 (Section 1A).

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

R. TALENS UK LIMITED (REGISTERED NUMBER: 09391114)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 3,108
Additions 4,648
At 31 December 2024 7,756
DEPRECIATION
At 1 January 2024 2,057
Charge for year 843
At 31 December 2024 2,900
NET BOOK VALUE
At 31 December 2024 4,856
At 31 December 2023 1,051

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 40,949 28,849

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 7,612 2,043
Amounts owed to group undertakings 394,441 241,295
Taxation and social security 5,269 4,455
Other creditors & accruals 28,893 46,386
436,215 294,179

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Amounts owed to group undertakings 139,449 -

R. TALENS UK LIMITED (REGISTERED NUMBER: 09391114)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 15,675 12,413
Between one and five years 24,350 40,092
40,025 52,505

9. CALLED UP SHARE CAPITAL

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

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

The Report of the Auditors was unqualified.

Emma Crowley (Senior Statutory Auditor)
for and on behalf of Oury Clark Chartered Accountants

We would like to draw your attention to the following statement contained within our audit report as included within the full financial statements:-

"Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed."

11. ULTIMATE PARENT COMPANY

Sakura International Holdings B.V (incorporated in The Netherlands) is considered by the directors to be the ultimate parent company of R. Talens UK Limited by virtue of its 100% shareholding. The registered office address is Sophialaan 46 7311PD Apeldoorn, The Netherlands.

The only group of undertakings for which consolidated financial statements are prepared which include R. Talens UK Ltd are those of Sakura International Holdings B.V.

Copies of these consolidated financial statements are not publicly available.