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REGISTERED NUMBER: 03366497 (England and Wales)















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: S Guala



SECRETARY: Synergy Global Management Ltd



REGISTERED OFFICE: 15 Northfields Prospect Business Cen
Northfields
London
SW18 1PE



REGISTERED NUMBER: 03366497 (England and Wales)



SENIOR STATUTORY AUDITOR: Lewis Gary Lees-Buckley F.C.A.



AUDITORS: LBCo Ltd
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 21,582 28,776

CURRENT ASSETS
Stocks 196,816 245,246
Debtors 5 1,520,727 2,144,256
Cash at bank 249,341 61,634
1,966,884 2,451,136
CREDITORS
Amounts falling due within one year 6 1,265,388 1,843,162
NET CURRENT ASSETS 701,496 607,974
TOTAL ASSETS LESS CURRENT
LIABILITIES

723,078

636,750

CAPITAL AND RESERVES
Called up share capital 7 20,000 20,000
Retained earnings 8 703,078 616,750
SHAREHOLDERS' FUNDS 723,078 636,750

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 April 2025 and were signed by:





S Guala - Director


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 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.

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.

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.
Motor vehicles - 25% on reducing balance
Computer equipment - 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.

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 1 (2023 - 1 ) .

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 37,574 495 38,069
DEPRECIATION
At 1 January 2024 8,799 494 9,293
Charge for year 7,194 - 7,194
At 31 December 2024 15,993 494 16,487
NET BOOK VALUE
At 31 December 2024 21,581 1 21,582
At 31 December 2023 28,775 1 28,776

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 1,518,284 2,142,337
Prepayments 1,467 1,379
Other debtors 976 540
1,520,727 2,144,256

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 1,001 2,095
Amounts owed to Guala Dispensing S.p.A 983,693 1,576,666
Tax 30,499 28,628
Social security and other taxes 2,186 1,798
VAT 184,980 171,293
Accrued expenses 63,029 62,682
1,265,388 1,843,162

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
20,000 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 616,750
Profit for the year 86,328
At 31 December 2024 703,078

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

The Report of the Auditors was unqualified.

Lewis Gary Lees-Buckley F.C.A. (Senior Statutory Auditor)
for and on behalf of LBCo Ltd

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).

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.