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REGISTERED NUMBER: 02140408 (England and Wales)

























Financial Statements for the Year Ended 31 December 2024

for

Krahn UK Limited

Krahn UK Limited (Registered number: 02140408)






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 to 5


Krahn UK Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: A Lamb
Dr R Kuropka
Mr K Schuster





REGISTERED OFFICE: 56 Crewe Road
Sandbach
Cheshire
CW11 4NN





REGISTERED NUMBER: 02140408 (England and Wales)





AUDITORS: Harts Limited
Chartered Accountants & Statutory Auditors
Westminster House
10 Westminster Road
Macclesfield
Cheshire
SK10 1BX

Krahn UK Limited (Registered number: 02140408)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 441 2,922
441 2,922

CURRENT ASSETS
Stocks 1,080,187 791,170
Debtors 6 405,613 297,125
Cash at bank and in hand 945,083 1,257,452
2,430,883 2,345,747
CREDITORS
Amounts falling due within one year 7 1,213,385 1,094,068
NET CURRENT ASSETS 1,217,498 1,251,679
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,217,939

1,254,601

PROVISIONS FOR LIABILITIES 110 731
NET ASSETS 1,217,829 1,253,870

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,217,729 1,253,770
SHAREHOLDERS' FUNDS 1,217,829 1,253,870

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 Board of Directors and authorised for issue on 26 March 2025 and were signed on its behalf by:




A Lamb - Director



Dr R Kuropka - Director


Krahn UK Limited (Registered number: 02140408)

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

1. STATUTORY INFORMATION

Krahn 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.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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.
Plant and machinery etc - 33% 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.

Financial instruments
The company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

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.

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.

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.

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.

Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions
Creditors and provisions are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts.

Krahn UK Limited (Registered number: 02140408)

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

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024 7,521
Disposals (7,521 )
At 31 December 2024 -
AMORTISATION
At 1 January 2024 7,521
Eliminated on disposal (7,521 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 13,644
Disposals (6,064 )
At 31 December 2024 7,580
DEPRECIATION
At 1 January 2024 10,722
Charge for year 2,481
Eliminated on disposal (6,064 )
At 31 December 2024 7,139
NET BOOK VALUE
At 31 December 2024 441
At 31 December 2023 2,922

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 400,613 291,635
Other debtors 5,000 5,490
405,613 297,125

Krahn UK Limited (Registered number: 02140408)

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 771,652 772,214
Taxation and social security 187,146 203,590
Other creditors 254,587 118,264
1,213,385 1,094,068

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

The Report of the Auditors was qualified on the following basis:

Basis for qualified opinion
We were not appointed as auditor of the company until after 31 December 2023 and thus did not observe the counting of physical inventories at the end of the year. We were unable to satisfy ourselves by alternative means concerning the inventory quantities held at 31 December 2023, which are included in the balance sheet at £791,170, by using other audit procedures. Consequently, we were unable to determine whether any adjustment to this amount was necessary.

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion.

Matters required to report by exception
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Directors.

Melissa Bowers FCCA (Senior Statutory Auditor)
for and on behalf of Harts Limited

9. POST BALANCE SHEET EVENTS

In January 2025, the company renewed an agreement to rent its office premises. The lease commits the company to an annual rent of £20,000 until 30 November 2027.

10. ULTIMATE CONTROLLING PARTY

The immediate controlling party is the parent company Krahn Chemie GmbH.

The ultimate controlling party is Otto Krahn GmbH & Co.