Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-31falseThe principal activity of the company during the year was that of the distribution of filters manufactured by Boll & Kirch Filterbau GmbH and associated products2024-01-011716truetruefalse 03880763 2024-01-01 2024-12-31 03880763 2023-01-01 2023-12-31 03880763 2024-12-31 03880763 2023-12-31 03880763 c:Director3 2024-01-01 2024-12-31 03880763 d:Buildings 2024-01-01 2024-12-31 03880763 d:Buildings 2024-12-31 03880763 d:Buildings 2023-12-31 03880763 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03880763 d:PlantMachinery 2024-01-01 2024-12-31 03880763 d:PlantMachinery 2024-12-31 03880763 d:PlantMachinery 2023-12-31 03880763 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03880763 d:MotorVehicles 2024-01-01 2024-12-31 03880763 d:MotorVehicles 2024-12-31 03880763 d:MotorVehicles 2023-12-31 03880763 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03880763 d:FurnitureFittings 2024-01-01 2024-12-31 03880763 d:FurnitureFittings 2024-12-31 03880763 d:FurnitureFittings 2023-12-31 03880763 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03880763 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03880763 d:CurrentFinancialInstruments 2024-12-31 03880763 d:CurrentFinancialInstruments 2023-12-31 03880763 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 03880763 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03880763 d:ShareCapital 2024-12-31 03880763 d:ShareCapital 2023-12-31 03880763 d:RetainedEarningsAccumulatedLosses 2024-12-31 03880763 d:RetainedEarningsAccumulatedLosses 2023-12-31 03880763 c:FRS102 2024-01-01 2024-12-31 03880763 c:Audited 2024-01-01 2024-12-31 03880763 c:FullAccounts 2024-01-01 2024-12-31 03880763 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03880763 c:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03880763 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered Number:03880763













BOLLFILTER U.K. LIMITED





FINANCIAL STATEMENTS
 
PAGES FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024











 
BOLLFILTER U.K. LIMITED
REGISTERED NUMBER:03880763


BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
405,687
398,464

  
405,687
398,464

Current assets
  

Stocks
  
166,477
80,973

Debtors: amounts falling due within one year
 5 
1,153,466
730,201

Cash at bank and in hand
  
1,332,452
1,201,678

  
2,652,395
2,012,852

Creditors: amounts falling due within one year
 6 
(1,328,221)
(851,907)

Net current assets
  
 
 
1,324,174
 
 
1,160,945

Total assets less current liabilities
  
1,729,861
1,559,409

Provisions for liabilities
  

Deferred tax
  
(33,957)
(27,237)

  
 
 
(33,957)
 
 
(27,237)

Net assets
  
1,695,904
1,532,172


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Profit and loss account
  
1,685,904
1,522,172

  
1,695,904
1,532,172



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BOLLFILTER U.K. LIMITED
REGISTERED NUMBER:03880763

    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 March 2025.




Mr J C Dow
Director

The notes on pages 3 to 9 form part of these financial statements.


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BOLLFILTER U.K. LIMITED
 

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

1.


General information

Bollfilter U.K. Limited is a private company limited by share capital, incorporated in England and Wales; registration number 03880763.
The registered office address is Unit 9, Station Way, Station Road, Tolleshunt D'Arcy, Essex, CM9 8TY.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end 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 period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.


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BOLLFILTER U.K. LIMITED
 

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

2.Accounting policies (continued)

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Turnover from a contract to provide services, which includes provision of parts, is recognised when the work is completed.

 
2.4

Leased assets: the Company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its 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 in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.


- 4 -



 
BOLLFILTER U.K. LIMITED
 

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

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
2.0%
Plant and machinery
-
25.0%
Motor vehicles
-
12.5%
Fixtures and fittings
-
10.0%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


- 5 -



 
BOLLFILTER U.K. LIMITED
 

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

2.Accounting policies (continued)

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving stocks. 

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

 
2.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 17 (2023 - 16).


- 6 -



 
BOLLFILTER U.K. LIMITED
 

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

4.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost or valuation


At 1 January 2024
434,557
207,740
47,834
29,842
719,973


Additions
340
14,437
32,400
874
48,051


Disposals
-
-
(22,490)
-
(22,490)



At 31 December 2024

434,897
222,177
57,744
30,716
745,534



Depreciation


At 1 January 2024
112,192
184,774
11,366
13,177
321,509


Charge for the year on owned assets
8,698
9,544
6,675
2,089
27,006


Disposals
-
-
(8,668)
-
(8,668)



At 31 December 2024

120,890
194,318
9,373
15,266
339,847



Net book value



At 31 December 2024
314,007
27,859
48,371
15,450
405,687



At 31 December 2023
322,365
22,966
36,468
16,665
398,464


- 7 -



 
BOLLFILTER U.K. LIMITED
 

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

5.


Debtors

2024
2023
£
£


Trade debtors
1,047,219
639,233

Amounts owed by group undertakings
62,405
64,016

Other debtors
43,842
26,952

1,153,466
730,201



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
33,058
26,945

Amounts owed to group undertakings
604,572
425,385

Corporation tax
117,336
86,068

Other taxation and social security
249,582
200,482

Obligations under finance lease and hire purchase contracts
-
484

Other creditors
323,673
112,543

1,328,221
851,907



7.


Financial commitments, guarantees and contingencies

Operating lease commitments not included in the balance sheet amount to £80,691 (2023: £100,688).


8.


Related Parties

The company has taken advantage of the exemption provided in FRS 102 Section 1A from disclosing transactions with members of the same group that are wholly owned. 
The smallest group for which consolidated financial statements are prepared which include the results of this company is that headed by Boll & Kirch Filterbau GmbH, whose registered office is Siemensstraße 10, 50170 Kerpen, Germany.
During the year a loan for £4,500 was taken out by a director and this was repaid prior to the year end.


- 8 -



 
BOLLFILTER U.K. LIMITED
 

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

9.


Auditor's information

The auditor's report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 13 March 2025 by Piers Harrison (Senior Statutory Auditor) on behalf of Sumer Auditco Limited.

 

- 9 -