IRIS Accounts Production v24.3.2.46 01882428 director 1.1.24 31.12.24 31.12.24 18.3.2025 false true false false true false Auditors Opinion iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh018824282023-12-31018824282024-12-31018824282024-01-012024-12-31018824282022-12-31018824282023-01-012023-12-31018824282023-12-3101882428ns15:EnglandWales2024-01-012024-12-3101882428ns14:PoundSterling2024-01-012024-12-3101882428ns10:Director12024-01-012024-12-3101882428ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3101882428ns10:SmallEntities2024-01-012024-12-3101882428ns10:Audited2024-01-012024-12-3101882428ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3101882428ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3101882428ns10:FullAccounts2024-01-012024-12-3101882428ns10:RegisteredOffice2024-01-012024-12-3101882428ns5:CurrentFinancialInstruments2024-12-3101882428ns5:CurrentFinancialInstruments2023-12-3101882428ns5:Non-currentFinancialInstruments2024-12-3101882428ns5:Non-currentFinancialInstruments2023-12-3101882428ns5:ShareCapital2024-12-3101882428ns5:ShareCapital2023-12-3101882428ns5:RetainedEarningsAccumulatedLosses2024-12-3101882428ns5:RetainedEarningsAccumulatedLosses2023-12-3101882428ns5:LeaseholdImprovements2024-01-012024-12-3101882428ns5:PlantMachinery2024-01-012024-12-3101882428ns5:FurnitureFittings2024-01-012024-12-3101882428ns5:MotorVehicles2024-01-012024-12-3101882428ns5:ComputerEquipment2024-01-012024-12-3101882428ns5:LandBuildings2023-12-3101882428ns5:PlantMachinery2023-12-3101882428ns5:LandBuildings2024-01-012024-12-3101882428ns5:LandBuildings2024-12-3101882428ns5:PlantMachinery2024-12-3101882428ns5:LandBuildings2023-12-3101882428ns5:PlantMachinery2023-12-3101882428ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3101882428ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-01-012024-12-3101882428ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-12-3101882428ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3101882428ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3101882428ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3101882428ns5:AcceleratedTaxDepreciationDeferredTax2024-12-3101882428ns5:AcceleratedTaxDepreciationDeferredTax2023-12-3101882428ns5:DeferredTaxation2023-12-3101882428ns5:DeferredTaxation2024-12-310188242812024-01-012024-12-31
REGISTERED NUMBER: 01882428 (England and Wales)










AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HAVER & BOECKER UNITED KINGDOM LTD

HAVER & BOECKER UNITED KINGDOM LTD (REGISTERED NUMBER: 01882428)






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


HAVER & BOECKER UNITED KINGDOM LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: Mr B L Pagenkemper





REGISTERED OFFICE: 24 Invincible Road
Farnborough
Hampshire
GU14 7QU





REGISTERED NUMBER: 01882428 (England and Wales)





AUDITORS: Bullimores LLP
Statutory Auditor & Chartered Accountants
Old Printers Yard
156 South Street
Dorking
Surrey
RH4 2HF

HAVER & BOECKER UNITED KINGDOM LTD (REGISTERED NUMBER: 01882428)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 167,857 196,395

CURRENT ASSETS
Stocks 65,265 53,265
Debtors 5 288,588 424,073
Cash at bank and in hand 53,895 259,733
407,748 737,071
CREDITORS
Amounts falling due within one year 6 121,358 141,378
NET CURRENT ASSETS 286,390 595,693
TOTAL ASSETS LESS CURRENT
LIABILITIES

454,247

792,088

CREDITORS
Amounts falling due after more than one
year

7

(19,100

)

(24,714

)

PROVISIONS FOR LIABILITIES 9 (6,958 ) (6,958 )
NET ASSETS 428,189 760,416

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Retained earnings 328,189 660,416
SHAREHOLDERS' FUNDS 428,189 760,416

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 March 2025 and were signed by:





Mr B L Pagenkemper - Director


HAVER & BOECKER UNITED KINGDOM LTD (REGISTERED NUMBER: 01882428)

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

1. STATUTORY INFORMATION

Haver & Boecker United Kingdom 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 presentation currency of the financial statements is the Pound Sterling (£).


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 consists of income derived from the normal operating activities of the company during the year, net of discounts, retentions and VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on cost and over the term of the lease
Computer equipment - 25% on cost

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 Statement of Income and Retained Earnings, 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.

HAVER & BOECKER UNITED KINGDOM LTD (REGISTERED NUMBER: 01882428)

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

2. ACCOUNTING POLICIES - continued

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Assets leased under contract hire or operating leases are not capitalised in the balance sheet. Instead the lease payments are charged to the profit and loss account in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 3,000 361,134 364,134
Additions - 11,012 11,012
At 31 December 2024 3,000 372,146 375,146
DEPRECIATION
At 1 January 2024 3,000 164,739 167,739
Charge for year - 39,550 39,550
At 31 December 2024 3,000 204,289 207,289
NET BOOK VALUE
At 31 December 2024 - 167,857 167,857
At 31 December 2023 - 196,395 196,395

HAVER & BOECKER UNITED KINGDOM LTD (REGISTERED NUMBER: 01882428)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 48,999
DEPRECIATION
At 1 January 2024 18,375
Charge for year 12,252
At 31 December 2024 30,627
NET BOOK VALUE
At 31 December 2024 18,372
At 31 December 2023 30,624

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 165,201 197,802
Amounts owed by group undertakings 80,976 167,302
Other debtors 42,411 58,969
288,588 424,073

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 5,614 5,614
Trade creditors 31,023 29,314
Amounts owed to group undertakings 1,948 3,022
Taxation and social security 56,612 63,741
Other creditors 26,161 39,687
121,358 141,378

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 19,100 24,714

8. SECURED DEBTS

The company has a bank overdraft and commercial card facility that is secured by a fixed and floating charge over the assets of the company.

HAVER & BOECKER UNITED KINGDOM LTD (REGISTERED NUMBER: 01882428)

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

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 6,958 6,958

Deferred
tax
£   
Balance at 1 January 2024 6,958
Balance at 31 December 2024 6,958

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

The Report of the Auditors was unqualified.

Nicholas Boot FCA (Senior Statutory Auditor)
On behalf of Bullimores LLP

11. OTHER FINANCIAL COMMITMENTS


At 31/12/2024

Property
Vehicle
leasing

Total

Due less than 1 year36,25014,10150,351

Due 1-5 years145,00014,695159,695

Due more than 5 years---
Total commitments181,25028,796210,046


At 31/12/2023

Property
Vehicle
leasing

Total

Due less than 1 year36,25021,63057,880

Due 1-5 years145,00028,796173,796

Due more than 5 years36,250-36,250
Total commitments217,50050,426267,926

HAVER & BOECKER UNITED KINGDOM LTD (REGISTERED NUMBER: 01882428)

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

12. RELATED PARTY DISCLOSURES

During the year the company had the following transactions with group companies


2024 2023
£ £
Sales and Commissions earned
Haver & Boecker OHG 569,745 526,171
Behn & Bates Maschinenfabrik - 4,531
Aventus GmbH 6,995 5,927
Haver France S.A.R.L. - 8,625
Haver Service Benelux 5,145 -
Haver Niagara GmbH 17,588 -
Haver Middle East FZE - 11,173

Purchases
Haver & Boecker OHG 238,967 327,688
Behn & Bates Maschinenfabrik - -
Haver & Boecker Holding GmbH 32,414 24,351
Haver & Boecker Latinamericana - 2,273
Haver & Boecker Iberica - -

Net amounts owed by group companies
Haver & Boecker OHG 57,438 154,540
Behn & Bates Maschinenfabrik - -
Aventus GmbH 5,950 4,138
Haver France S.A.R.L. - 8,625
Haver Niagara GmbH 17,588 -

Net amounts owed to group companies
Haver & Boeker OHG - -
Behn & Bates Maschinenfabrik - -
Haver Holdings GmbH 1,948 3,022
Haver Polska SP.ZO.O. - -



Dividends of £373,855 (Euros 450,000) were paid to Haver & Boecker OHG during the year.

13. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

14. POST BALANCE SHEET EVENTS

There have been no significant post balance sheet events.

HAVER & BOECKER UNITED KINGDOM LTD (REGISTERED NUMBER: 01882428)

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

15. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Haver & Boecker OHG.

Haver & Boecker OHG (incorporated in Germany) held 100% of the voting share capital for all of the year and is considered to be the parent and ultimate controlling party. The results and financial performance of Haver & Boecker United Kingdom are consolidated within the group accounts of the parent.

Haver & Boecker OHG
Carl-Haver-Platz 3
59302 Oelde
Germany