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REGISTERED NUMBER: 05655182 (England)















Azo UK Ltd.

Audited Financial Statements

for the Year Ended 31 December 2024






Azo UK Ltd. (Registered number: 05655182)

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


Azo UK Ltd.

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mr R Zimmermann



SECRETARY: Mr P M Plummer



REGISTERED OFFICE: Bridge House
Old Grantham Road
Whatton
Nottinghamshire
NG13 9FG



REGISTERED NUMBER: 05655182 (England)



SENIOR STATUTORY AUDITOR: Caroline Peverett BA FCA



AUDITORS: Tuerner Audit Limited
Bridge House
Old Grantham Road
Whatton
Nottingham
NG13 9FG

Azo UK Ltd. (Registered number: 05655182)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3 3

CURRENT ASSETS
Debtors 6 162,092 121,296
Cash at bank 203,476 253,173
365,568 374,469
CREDITORS
Amounts falling due within one year 7 497,080 514,325
NET CURRENT LIABILITIES (131,512 ) (139,856 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(131,509

)

(139,853

)

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings (131,510 ) (139,854 )
SHAREHOLDERS' FUNDS (131,509 ) (139,853 )

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 24 April 2025 and were signed by:





Mr R Zimmermann - Director


Azo UK Ltd. (Registered number: 05655182)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Azo UK Ltd. is a private company, limited by shares , registered in England. 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

These accounts have been prepared on the going concern basis due to the fact that the company has the continued support of the group. The director has been given an assurance that support will continue for at least the next twelve months.

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 is for the sale of spare parts, repair of machinery and sales commissions and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised on the sales of spare parts when the parts are shipped to the customer.

Revenue is recognisied on repairs after the repair has been carried out.

Revenue is recognised on commission when the customer pays the sales invoice to which the commission relates.

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 - 33% on cost and 25% on cost

Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and acumulated impairment losses.

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.


Azo UK Ltd. (Registered number: 05655182)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


3. ACCOUNTING POLICIES - continued
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.

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

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 21,366
DEPRECIATION
At 1 January 2024
and 31 December 2024 21,363
NET BOOK VALUE
At 31 December 2024 3
At 31 December 2023 3

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 139,415 100,289
Amounts owed by group undertakings 15,693 16,399
Other debtors 6,984 4,608
162,092 121,296

Azo UK Ltd. (Registered number: 05655182)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 822 3,338
Amounts owed to group undertakings 426,250 441,326
Taxation and social security 45,355 43,775
Other creditors 24,653 25,886
497,080 514,325

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 8,553 8,553
Between one and five years 6,415 14,968
14,968 23,521

9. CALLED UP SHARE CAPITAL

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

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

The Report of the Auditors was unqualified.

Caroline Peverett BA FCA (Senior Statutory Auditor)
for and on behalf of Tuerner Audit Limited

11. PARENT COMPANY

The company's results are included in the consolidated accounts of its ultimate parent AZO Holding GmbH (incorporated in Germany) whose registered office is at:

Rosenberger Str. 28
74706 Osterburken
Germany