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REGISTERED NUMBER: 04924729 (England and Wales)












Financial Statements

for the Year Ended 31 December 2024

for

Vogelsang Limited

Vogelsang Limited (Registered number: 04924729)






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 3


Vogelsang Limited

Company Information
for the year ended 31 December 2024







DIRECTORS: H Vogelsang
J L Gutteridge



SECRETARY: H Vogelsang



REGISTERED OFFICE: Douglas House
Gateway
Crewe Gates Industrial Estate
Crewe
Cheshire
CW1 6YY



REGISTERED NUMBER: 04924729 (England and Wales)



SENIOR STATUTORY AUDITOR: Darren Walley FCCA



AUDITORS: Banks Sheridan (Statutory Auditor)
Datum House
Electra Way
Crewe
Cheshire
CW1 6ZF

Vogelsang Limited (Registered number: 04924729)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,083,913 1,107,479

CURRENT ASSETS
Stocks 6 2,628,742 2,338,807
Debtors 7 1,873,317 1,959,342
Cash at bank and in hand 452,232 833,644
4,954,291 5,131,793
CREDITORS
Amounts falling due within one year 8 (1,788,110 ) (2,440,592 )
NET CURRENT ASSETS 3,166,181 2,691,201
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,250,094

3,798,680

PROVISIONS FOR LIABILITIES 10 (37,814 ) (39,873 )
NET ASSETS 4,212,280 3,758,807

CAPITAL AND RESERVES
Called up share capital 425,000 425,000
Retained earnings 3,787,280 3,333,807
SHAREHOLDERS' FUNDS 4,212,280 3,758,807

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by:





J L Gutteridge - Director


Vogelsang Limited (Registered number: 04924729)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Vogelsang Limited ('The Company') is primarily engaged in the distribution of pumps.

The company is a private company limited by shares and is incorporated in England and Wales. The address of the principal place of business and of the registered office is Douglas House, Gateway, Crewe Gates Industrial Estate, Crewe, Cheshire, CW1 6YY. The registered number can be found on the Company Information page.

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below.

These policies have been consistently applied to all years presented, unless otherwise stated.

Basis of preparation
The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern
After reviewing the company's forecasts and projections the directors are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future, including a period of not less than 12 months from the date of signing of these financial statements. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Revenue recognition
Revenue (described as turnover) is measured at the fair value of consideration received or receivable and represents invoiced sale of goods, net of returns and discounts, excluding value added tax. Freight charges to customers are also included in turnover. Revenue from sale of goods is recognised when the goods are despatched to the customer. Revenue from the provision of services is recognised when the services have been provided and the company obtains the right to consideration.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates so as to write off their cost less residual amounts over their estimated useful economic lives. Assets are also reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the assets carrying amount exceeds its recoverable amount.

Freehold property- 4% on cost
Plant and machinery- 20% on cost and 25% on cost
Fixtures and fittings- 20% on cost
Motor vehicles- 20% on cost and 25% on cost
Computer equipment- 33.33% on cost

The residual values and useful lives of assets are reviewed and adjusted if appropriate at each statement of financial position date.

Vogelsang Limited (Registered number: 04924729)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

3. ACCOUNTING POLICIES - continued

Stocks
Stocks are stated at the lower of cost and selling price less costs to complete and sell. Cost includes all costs of purchase and also other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out basis.

An impairment loss is recognised for obsolete, damaged and returned stock where appropriate.

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 end of the financial year.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the end of the financial year.

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
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the date of the transactions. At each statement of financial position date foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at the statement of financial position date exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Comprehensive Income.

Employee benefits
The company provides a range of benefits to employees, including annual bonus arrangements, paid holiday arrangements and a defined contribution pension plan.

Short term benefits, including holiday pay and other similar non-monetary benefits, are recognised as an expense in the period in which service is received.

The company operates a defined contribution pension plan for its directors and employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense when they are due. Amounts not paid are shown as accruals at the end of the statement of financial position date. The assets of the plan are held separately from the company in independently administered funds.

The company operates an annual bonus plan for certain employees. An expense is recognised in the Statement of Comprehensive Income when the company has a legal or constructive obligation to make payments under the plan as a result of past events and a reliable estimate of the obligation can be made.

Vogelsang Limited (Registered number: 04924729)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

3. ACCOUNTING POLICIES - continued

Impairment of assets
Assets not measured at fair value are reviewed for any indications that the asset may be impaired at each statement of financial position date. If such indications exists the recoverable amount of the asset or the assets cash generating unit is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Any losses arising from impairment are recognised in the Statement of Comprehensive Income under the appropriate heading.

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2024 1,251,580 44,027 118,305
Additions - 31,000 12,806
Disposals - - -
At 31 December 2024 1,251,580 75,027 131,111
DEPRECIATION
At 1 January 2024 287,196 36,418 95,204
Charge for year 36,015 5,213 8,322
Eliminated on disposal - - -
At 31 December 2024 323,211 41,631 103,526
NET BOOK VALUE
At 31 December 2024 928,369 33,396 27,585
At 31 December 2023 964,384 7,609 23,101

Vogelsang Limited (Registered number: 04924729)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 196,166 35,745 1,645,823
Additions 44,585 3,779 92,170
Disposals (69,035 ) - (69,035 )
At 31 December 2024 171,716 39,524 1,668,958
DEPRECIATION
At 1 January 2024 84,571 34,955 538,344
Charge for year 32,825 1,856 84,231
Eliminated on disposal (37,530 ) - (37,530 )
At 31 December 2024 79,866 36,811 585,045
NET BOOK VALUE
At 31 December 2024 91,850 2,713 1,083,913
At 31 December 2023 111,595 790 1,107,479

Included in the freehold property is land of £351,226 (2023: £351,226) which is not depreciated.

6. STOCKS
2024 2023
£    £   
Stocks 2,628,742 2,338,807

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,440,180 1,495,677
Amounts owed by group undertakings 6,624 7,893
Other debtors 426,513 455,772
1,873,317 1,959,342

Amounts owed by group undertakings are unsecured, interest free and repayable on demand.

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 97,430 344,372
Amounts owed to group undertakings 1,017,802 964,409
Taxation and social security 269,151 387,584
Other creditors 403,727 744,227
1,788,110 2,440,592

Amounts owed to group undertakings are unsecured, interest free and repayable on demand.

Vogelsang Limited (Registered number: 04924729)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 71,025 46,268
Between one and five years 100,087 42,154
171,112 88,422

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 31,020 27,766
Leave pay provision 6,794 12,107
37,814 39,873

Leave
Deferred pay
tax provision
£    £   
Balance at 1 January 2024 27,766 12,107
Charge to Income Statement during year 3,254 6,794
Utilised during year - (12,107 )
Balance at 31 December 2024 31,020 6,794

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

The Report of the Auditors was unqualified.

Darren Walley FCCA (Senior Statutory Auditor)
for and on behalf of Banks Sheridan (Statutory Auditor)

12. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Hugo Vogelsang Maschinenbau GmbH. All transactions with the parent company have been concluded under normal market conditions. No other related party transactions exist.

13. ULTIMATE CONTROLLING PARTY

Vogelsang Limited is a wholly owned subsidiary of Hugo Vogelsang Maschinenbau GmbH. The address of the registered office of the parent company is Holthoge 10-14, 49632 Essen Oldenburg, Germany. A copy of the group consolidated financial statements can be found at https://www.bundesanzeiger.de/ebanzwww/wexsservlet.