Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04175423 Mr Thilo Volkmann Mr Byron Fipkin Volkmann GmbH true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04175423 2023-12-31 04175423 2024-12-31 04175423 2024-01-01 2024-12-31 04175423 frs-core:CurrentFinancialInstruments 2024-12-31 04175423 frs-core:FurnitureFittings 2024-12-31 04175423 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04175423 frs-core:FurnitureFittings 2023-12-31 04175423 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 04175423 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 04175423 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 04175423 frs-core:MotorVehicles 2024-01-01 2024-12-31 04175423 frs-core:WithinOneYear 2024-12-31 04175423 frs-core:ShareCapital 2024-12-31 04175423 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04175423 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04175423 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04175423 frs-bus:SmallEntities 2024-01-01 2024-12-31 04175423 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04175423 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04175423 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 04175423 frs-bus:OrdinaryShareClass1 2024-12-31 04175423 1 2024-01-01 2024-12-31 04175423 frs-bus:Director1 2024-01-01 2024-12-31 04175423 frs-bus:Director2 2024-01-01 2024-12-31 04175423 frs-countries:EnglandWales 2024-01-01 2024-12-31 04175423 2022-12-31 04175423 2023-12-31 04175423 2023-01-01 2023-12-31 04175423 frs-core:CurrentFinancialInstruments 2023-12-31 04175423 frs-core:BetweenOneFiveYears 2023-12-31 04175423 frs-core:WithinOneYear 2023-12-31 04175423 frs-core:ShareCapital 2023-12-31 04175423 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04175423 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 04175423
Volkmann UK Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 04175423
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,648 3,031
2,648 3,031
CURRENT ASSETS
Stocks 5 68,805 -
Debtors 6 96,375 95,307
Cash at bank and in hand 2,057,119 2,056,111
2,222,299 2,151,418
Creditors: Amounts Falling Due Within One Year 7 (92,124 ) (135,832 )
NET CURRENT ASSETS (LIABILITIES) 2,130,175 2,015,586
TOTAL ASSETS LESS CURRENT LIABILITIES 2,132,823 2,018,617
NET ASSETS 2,132,823 2,018,617
CAPITAL AND RESERVES
Called up share capital 8 15,000 15,000
Income Statement 2,117,823 2,003,617
SHAREHOLDERS' FUNDS 2,132,823 2,018,617
Page 1
Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Thilo Volkmann
Director
Mr Byron Fipkin
Director
29/04/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Volkmann UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04175423 . The registered office is Unit 4 Anglo Office Park, Lincoln Road, High Wycombe, Buckinghamshire, HP12 3RH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 20% on straight line
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3. Average Number of Employees
Average number of employees, including directors, during the year was  4 (2023: 4)
4 4
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4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 18,505 27,674 46,179
Additions - 500 500
As at 31 December 2024 18,505 28,174 46,679
Depreciation
As at 1 January 2024 18,505 24,643 43,148
Provided during the period - 883 883
As at 31 December 2024 18,505 25,526 44,031
Net Book Value
As at 31 December 2024 - 2,648 2,648
As at 1 January 2024 - 3,031 3,031
5. Stocks
2024 2023
£ £
Stock 68,805 -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 89,282 88,213
Prepayments and accrued income 4,500 4,500
Other debtors 2,593 2,594
96,375 95,307
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,052 5,513
Corporation tax 38,132 40,616
Other taxes and social security 5,160 27,377
VAT 33,562 45,903
Accruals and deferred income 2,989 2,614
Directors' loan accounts 13 17
Amounts owed to parent undertaking 10,216 13,792
92,124 135,832
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
15,000 Ordinary Shares of £ 1 each 15,000 15,000
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 21,954 21,840
Later than one year and not later than five years - 21,954
21,954 43,794
10. Ultimate Controlling Party
The company's ultimate parent company and controlling party is Volkmann GmbH, a company incorporated in Germany.
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