REGISTERED NUMBER: |
Financial Statements |
For The Year Ended 31 December 2024 |
for |
GUALA DISPENSING UK LIMITED |
REGISTERED NUMBER: |
Financial Statements |
For The Year Ended 31 December 2024 |
for |
GUALA DISPENSING UK LIMITED |
GUALA DISPENSING UK LIMITED (REGISTERED NUMBER: 03366497) |
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 |
GUALA DISPENSING UK LIMITED |
Company Information |
For The Year Ended 31 December 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
SENIOR STATUTORY AUDITOR: |
AUDITORS: |
T/A Lees-Buckley & Co |
16 Northfields Prospect |
Putney Bridge Road |
London |
SW18 1PE |
GUALA DISPENSING UK LIMITED (REGISTERED NUMBER: 03366497) |
Balance Sheet |
31 December 2024 |
31.12.24 | 31.12.23 |
Notes | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | 8 |
SHAREHOLDERS' FUNDS |
The financial statements were approved by the director and authorised for issue on |
GUALA DISPENSING UK LIMITED (REGISTERED NUMBER: 03366497) |
Notes to the Financial Statements |
For The Year Ended 31 December 2024 |
1. | STATUTORY INFORMATION |
Guala Dispensing UK Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing 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 |
Motor vehicles | - |
Computer equipment | - |
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. |
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 |
GUALA DISPENSING UK LIMITED (REGISTERED NUMBER: 03366497) |
Notes to the Financial Statements - continued |
For The Year Ended 31 December 2024 |
4. | TANGIBLE FIXED ASSETS |
Motor | Computer |
vehicles | equipment | Totals |
£ | £ | £ |
COST |
At 1 January 2024 |
and 31 December 2024 |
DEPRECIATION |
At 1 January 2024 |
Charge for year |
At 31 December 2024 |
NET BOOK VALUE |
At 31 December 2024 |
At 31 December 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.24 | 31.12.23 |
£ | £ |
Trade debtors |
Prepayments |
Other debtors | 976 | 540 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.24 | 31.12.23 |
£ | £ |
Trade creditors |
Amounts owed to Guala Dispensing S.p.A |
Tax |
Social security and other taxes |
VAT | 184,980 | 171,293 |
Accrued expenses |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.24 | 31.12.23 |
value: | £ | £ |
Ordinary | £1 | 20,000 | 20,000 |
GUALA DISPENSING UK LIMITED (REGISTERED NUMBER: 03366497) |
Notes to the Financial Statements - continued |
For The Year Ended 31 December 2024 |
8. | RESERVES |
Retained |
earnings |
£ |
At 1 January 2024 |
Profit for the year |
At 31 December 2024 |
9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
10. | RELATED PARTY DISCLOSURES |
Guala Dispensing S.p.A |
Parent |
Guala Dispensing UK Limited had the following financial transactions with Guala Dispensing S.p.A during the year. |
Received income of £209,203 (2023: £206,629) |
Purchased goods in the sum of £3,361,182 (2023: £3,274,414) |
The total due to the parent company at 31.12.2024 was (£983,693) and at 31.12.2023 was (£1,576,666) |
31.12.24 | 31.12.23 |
£ | £ |
Amount due from related party at the balance sheet date | 109,203 | 156,629 |
Amount due to related party at the balance sheet date | (1,092,896) | (1,733,295) |
Total due to related party at the balance sheet date | (983,693) | (1,576,666) |
11. | ULTIMATE PARENT COMPANY |
The ultimate controlling party is |
Guala Dispensing S.p.A. (incorporated in Italy) is regarded by the director as being the Company's ultimate parent company. |
Copies of its group accounts, which include this company, are available from its registered office, Spinetta Marengo, 15047, Alessandria, Italy. |