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REGISTERED NUMBER: 10046813 (England and Wales)







AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

BOPLAN UK LIMITED

BOPLAN UK LIMITED (REGISTERED NUMBER: 10046813)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BOPLAN UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTOR: Mr X A S Ramon





REGISTERED OFFICE: The Science Centre
Wolverhampton Science Park
Glaisher Drive
Wolverhampton
West Midlands
WV10 9RU





REGISTERED NUMBER: 10046813 (England and Wales)





AUDITORS: Stanton Ralph & Co Limited
Chartered Accountants
Statutory Auditor
The Old Police Station
Whitburn Street
Bridgnorth
Shropshire
WV16 4QP

BOPLAN UK LIMITED (REGISTERED NUMBER: 10046813)

BALANCE SHEET
31ST DECEMBER 2024

31.12.23 31.12.24
£    £    Notes £    £   
FIXED ASSETS
62,161 Tangible assets 4 72,601

CURRENT ASSETS
- Stocks 4,136
318,521 Debtors 5 274,524
182,846 Cash at bank 161,156
501,367 439,816
CREDITORS
130,413 Amounts falling due within one year 6 118,784
370,954 NET CURRENT ASSETS 321,032
433,115 TOTAL ASSETS LESS CURRENT LIABILITIES 393,633

CREDITORS
2,017,618 Amounts falling due after more than one
year

7

2,089,505
(1,584,503 ) NET LIABILITIES (1,695,872 )

CAPITAL AND RESERVES
100 Called up share capital 9 100
(1,584,603 ) Retained earnings (1,695,972 )
(1,584,503 ) SHAREHOLDERS' FUNDS (1,695,872 )

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 27th March 2025 and were signed by:





Mr X A S Ramon - Director


BOPLAN UK LIMITED (REGISTERED NUMBER: 10046813)

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

1. STATUTORY INFORMATION

Boplan 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 (£) rounded to the nearest £1.

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.

Going concern
The company continues to trade by virtue of support from its parent company. The parent company will continue to provide support for at least a further 12 months from the date of approval of the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 25% on reducing balance

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

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.

Hire purchase and leasing commitments
Hire purchase and leasing commitments Rentals paid under operating leases are charged to the profit or loss account on a straight line basis over the period of the lease

BOPLAN UK LIMITED (REGISTERED NUMBER: 10046813)

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

2. ACCOUNTING POLICIES - continued

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.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administration expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2024 150,659
Additions 30,710
Disposals (14,795 )
At 31st December 2024 166,574
DEPRECIATION
At 1st January 2024 88,498
Charge for year 18,611
Eliminated on disposal (13,136 )
At 31st December 2024 93,973
NET BOOK VALUE
At 31st December 2024 72,601
At 31st December 2023 62,161

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 233,040 288,695
Other debtors 41,484 29,826
274,524 318,521

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 19,896 28,622
Taxation and social security 80,688 60,103
Other creditors 18,200 41,688
118,784 130,413

BOPLAN UK LIMITED (REGISTERED NUMBER: 10046813)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Other creditors 2,089,505 2,017,618

Amounts owed to group undertakings are unsecured, carry interest at 2%, and bear no fixed redemption date.

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 6,678 6,676

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1 100 100

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

The Report of the Auditors was unqualified.

Darren Foot (Senior Statutory Auditor)
for and on behalf of Stanton Ralph & Co Limited

11. PENSION COMMITMENTS

The company contributes to a defined contribution pension plan for its employees. The amount recognised as an expense in the year was £5,130 (2023 : £5,397). The amount owing to the pension plan at the year end was £1,373 ( 2023 : £1,025).

12. ULTIMATE PARENT COMPANY

The ultimate parent company, Boplan Industries BV, prepares group accounts which will be available from its registered office at Muizelstraat 12, 8560 Wevelgem, Moorsele, Belgium.