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REGISTERED NUMBER: 02232808 (England and Wales)















BREITENFELD UK LIMITED

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024






BREITENFELD UK LIMITED (REGISTERED NUMBER: 02232808)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BREITENFELD UK LIMITED

COMPANY INFORMATION
for the year ended 30 June 2024







DIRECTOR: D P Walker





REGISTERED OFFICE: Unit B1
Clay Street
Sheffield
S9 2PF





REGISTERED NUMBER: 02232808 (England and Wales)





AUDITORS: SMH Sheards Audit Limited
Statutory Auditors
Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS

BREITENFELD UK LIMITED (REGISTERED NUMBER: 02232808)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 92,817 100,040

CURRENT ASSETS
Stocks 159,072 180,066
Debtors 5 307,008 818,961
Cash at bank and in hand 837,081 677,331
1,303,161 1,676,358
CREDITORS
Amounts falling due within one year 6 (348,602 ) (803,491 )
NET CURRENT ASSETS 954,559 872,867
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,047,376

972,907

PROVISIONS FOR LIABILITIES 7 (5,104 ) (6,592 )
NET ASSETS 1,042,272 966,315

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 1,042,172 966,215
SHAREHOLDERS' FUNDS 1,042,272 966,315

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 director and authorised for issue on 11 March 2025 and were signed by:





D P Walker - Director


BREITENFELD UK LIMITED (REGISTERED NUMBER: 02232808)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2024


1. STATUTORY INFORMATION

Breitenfeld 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 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.

On the basis of their assessment of the company's financial position, the directors have a reasonable expectation that the company is expected to continue to generate positive cashflows on its own account for the foreseeable future.

Having assessed the responses of the directors of the parent company, Breitenfeld Edelstahl AG, the directors have no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the Breitenfeld Group to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Turnover is recognised upon despatch of goods to customers and upon completion of services provided to customers.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - Straight line over 87 years
Plant and machinery - 20% on cost and 15% on reducing balance
Fixtures and fittings - 33% on cost and 10% on reducing balance
Motor vehicles - 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.

BREITENFELD UK LIMITED (REGISTERED NUMBER: 02232808)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade, other debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets, other than those held at fair value through profit or loss, are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors, accruals and amounts owed to group undertakings, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

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.

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.

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 ) .

BREITENFELD UK LIMITED (REGISTERED NUMBER: 02232808)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 113,941 292,220 406,161
DEPRECIATION
At 1 July 2023 40,579 265,542 306,121
Charge for year 1,310 5,913 7,223
At 30 June 2024 41,889 271,455 313,344
NET BOOK VALUE
At 30 June 2024 72,052 20,765 92,817
At 30 June 2023 73,362 26,678 100,040

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 305,806 817,901
Other debtors 1,202 1,060
307,008 818,961

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 235,175 589,155
Taxation and social security 104,712 205,260
Other creditors 8,715 9,076
348,602 803,491

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 5,104 6,592

Deferred
tax
£   
Balance at 1 July 2023 6,592
Credit to Income Statement during year (1,488 )
Balance at 30 June 2024 5,104

BREITENFELD UK LIMITED (REGISTERED NUMBER: 02232808)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

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

The Report of the Auditors was unqualified.

Kevin Winterburn FCA (Senior Statutory Auditor)
for and on behalf of SMH Sheards Audit Limited

10. RELATED PARTY DISCLOSURES

During the year, the following transactions occurred with the parent company, on normal commercial terms:

Current Year Prior Year

Purchases 356,218 1,293,874
Management charges - 104,803

Balancing owing to parent 142,065 516,417


11. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is not known.

Breitenfeld Edelstahl AG is the immediate and ultimate parent company.

The parent company address is:
Breitenfeldsrasse 22
St. Barbara-Mitterdorf
Austria
ATU30181308