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REGISTERED NUMBER: 03537174 (England and Wales)












Financial Statements

for the Year Ended 31 December 2024

for

Arodo (UK) Limited

Arodo (UK) Limited (Registered number: 03537174)






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


Arodo (UK) Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: J W Van Aaken





SECRETARY: MYUKOFFICE LTD





REGISTERED OFFICE: Westwood House
Annie Med Lane
South Cave
Brough
HU15 2HG





REGISTERED NUMBER: 03537174 (England and Wales)





AUDITORS: Try Lunn & Co
Chartered Accountants
and Statutory Auditors
Roland House
Princes Dock Street
HULL HU1 2LD

Arodo (UK) Limited (Registered number: 03537174)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 3,001,560 1,709,465
Cash at bank 101,337 458,866
3,102,897 2,168,331
CREDITORS
Amounts falling due within one year 5 2,912,916 2,071,021
NET CURRENT ASSETS 189,981 97,310
TOTAL ASSETS LESS CURRENT
LIABILITIES

189,981

97,310

CAPITAL AND RESERVES
Called up share capital 6 10,000 10,000
Retained earnings 7 179,981 87,310
SHAREHOLDERS' FUNDS 189,981 97,310

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 5 May 2025 and were signed by:





J W Van Aaken - Director


Arodo (UK) Limited (Registered number: 03537174)

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

1. STATUTORY INFORMATION

Arodo (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 company is dependent on the continued financial support of its parent company, Arodo BV, a company registered in Belgium. The directors of Arodo BV have agreed to provide such support to the company to ensure that the company will be able to meet its debts as they fall due for the foreseeable future. Accordingly the financial statements have been prepared on the going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from the sale of spare part goods is recognised when goods are delivered and the legal title has passed.

Turnover from servicing work is recognised when the service has been provided.

Turnover from machinery manufacture and installation projects is recognised when the goods are shipped to the customer.

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 on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

Arodo (UK) Limited (Registered number: 03537174)

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,520,926 323,679
Other debtors 1,480,634 1,385,786
3,001,560 1,709,465

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,563 3,467
Amounts owed to group undertakings 980,943 484,221
Taxation and social security 351,440 142,632
Other creditors 1,573,970 1,440,701
2,912,916 2,071,021

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10,000 Ordinary £1 10,000 10,000

7. RESERVES
Retained
earnings
£   

At 1 January 2024 87,310
Profit for the year 92,671
At 31 December 2024 179,981

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

The Report of the Auditors was unqualified.

Andrew Ewart FCCA FCA (Senior Statutory Auditor)
for and on behalf of Try Lunn & Co

9. RELATED PARTY DISCLOSURES

During the year the company purchased goods from Arodo BV totalling £4,085,799 (2023 - £2,833,869).

During the year the company was charged management recharges of £59,286 (2023 - £43,609) by Arodo BV.

At the balance sheet date an amount of £980,943 (2023 - £484,221) was owed to Arodo BV. This amount is interest free and repayable on demand.

During the year the company paid dividends of £NIL (2023 - £130,000) to Arodo BV.

Arodo (UK) Limited (Registered number: 03537174)

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

10. ULTIMATE CONTROLLING PARTY

The immediate controlling party is Arodo BV and the ultimate controlling party is Mr F Rochette.