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REGISTERED NUMBER: 13435794 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SIMON-KUCHER ENGINE LTD

SIMON-KUCHER ENGINE LTD (REGISTERED NUMBER: 13435794)






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


SIMON-KUCHER ENGINE LTD

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTORS: M Billige
J A Brown
D Hiotis





REGISTERED OFFICE: Herschel House
58 Herschel Street
Slough
SL1 1PG





REGISTERED NUMBER: 13435794 (England and Wales)





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

SIMON-KUCHER ENGINE LTD (REGISTERED NUMBER: 13435794)

BALANCE SHEET
31 December 2024

31.12.24 31.12.23
Notes £    £   
CURRENT ASSETS
Debtors 4 409,793 689,477
Cash at bank 584,617 14,770
994,410 704,247
CREDITORS
Amounts falling due within one year 5 530,477 479,531
NET CURRENT ASSETS 463,933 224,716
TOTAL ASSETS LESS CURRENT
LIABILITIES

463,933

224,716

CAPITAL AND RESERVES
Called up share capital 6 50,000 50,000
Retained earnings 413,933 174,716
SHAREHOLDERS' FUNDS 463,933 224,716

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 14 April 2025 and were signed on its behalf by:





J A Brown - Director


SIMON-KUCHER ENGINE LTD (REGISTERED NUMBER: 13435794)

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

1. STATUTORY INFORMATION

Simon-Kucher Engine Ltd 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 normal place of business is 5th Floor,10 Fleet Place, London, EC4M 7QS.

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 financial statements have been prepared on a going concern basis as Simon, Kucher & Co. Holding GmbH, will continue to support the Company for a period of at least 12 months and 1 day from the date the audit report is signed.

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 represents the provision of software and consultancy services, excluding value added tax and discounts. Turnover is recognised on a time spent basis over the length of the contract on an accruals basis, when performance obligations are satisfied.

Turnover also represents costs that are incurred on contracts headed by other group members. Depending on the level of work performed, they are recharged at a margin in line with the sales and marketing agreement.

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.

SIMON-KUCHER ENGINE LTD (REGISTERED NUMBER: 13435794)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
Basic Financial Instruments, as covered by Section 11 of FRS 102, are measured at amortised cost. The company does not have any Other Financial Instruments, as covered by Section 12 of FRS 102.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 263,400 128,873
Amounts owed by group undertakings 42,233 560,573
Other debtors 104,160 31
409,793 689,477

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 120 -
Amounts owed to group undertakings 189,653 354,012
Taxation and social security 3,977 112,419
Other creditors & accruals 336,727 13,100
530,477 479,531

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
50,000 Ordinary £1 50,000 50,000

7. 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 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."

8. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

SIMON-KUCHER ENGINE LTD (REGISTERED NUMBER: 13435794)

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

9. ULTIMATE PARENT COMPANY

Simon, Kucher & Co. Holding GmbH (incorporated in Germany) is regarded by the directors as being the company's ultimate parent company.

The registered office address of Simon, Kucher & Co. Holding GmbH is Willy-Brandt-Allee 13, 53113, Bonn, Germany.

The accounts of Simon, Kucher & Co. Holding GmbH are publicly available at the following website: www.bundesanzeiger.de.