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REGISTERED NUMBER: 06318590 (England and Wales)















Financial Statements for the Year Ended 31 August 2024

for

Acerbis UK Limited

Acerbis UK Limited (Registered number: 06318590)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Acerbis UK Limited

Company Information
for the Year Ended 31 August 2024







Director: F Acerbis





Registered office: Unit 4
Dunfermline Court
Kingston
Milton Keynes
MK10 0BY





Registered number: 06318590 (England and Wales)





Auditors: Moore Kingston Smith LLP
Chartered accountants and statutory auditors
4 Victoria Square
St Albans
Hertfordshire
AL1 3TF

Acerbis UK Limited (Registered number: 06318590)

Balance Sheet
31 August 2024

2024 2023
Notes £ £ £
Fixed assets
Intangible assets 5 11,377 11,541
Tangible assets 6 75,481 76,856
86,858 88,397

Current assets
Stocks 7 875,230 937,502
Debtors 8 248,569 279,344
Cash at bank and in hand 16,127 99,916
1,139,926 1,316,762
Creditors
Amounts falling due within one year 9 1,110,130 1,226,027
Net current assets 29,796 90,735
Total assets less current liabilities 116,654 179,132

Capital and reserves
Called up share capital 11 10,000 10,000
Retained earnings 106,654 169,132
Shareholders' funds 116,654 179,132

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 12 May 2025 and were signed by:





F Acerbis - Director


Acerbis UK Limited (Registered number: 06318590)

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

1. Statutory information

Acerbis 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of 5 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 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 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.


Acerbis UK Limited (Registered number: 06318590)

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

2. 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.

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.

3. Employees and directors

The average number of employees during the year was 6 (2023 - 5 ) .

4. Auditors' remuneration
2024 2023
£ £
Fees payable to the company's auditors for the audit of the
company's financial statements

7,000

5,750

Acerbis UK Limited (Registered number: 06318590)

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

5. Intangible fixed assets
Other
intangible
assets
£
Cost
At 1 September 2023 43,577
Additions 3,780
At 31 August 2024 47,357
Amortisation
At 1 September 2023 32,036
Charge for year 3,944
At 31 August 2024 35,980
Net book value
At 31 August 2024 11,377
At 31 August 2023 11,541

6. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 September 2023 138,227
Additions 25,154
Disposals (6,950 )
At 31 August 2024 156,431
Depreciation
At 1 September 2023 61,371
Charge for year 26,529
Eliminated on disposal (6,950 )
At 31 August 2024 80,950
Net book value
At 31 August 2024 75,481
At 31 August 2023 76,856

Acerbis UK Limited (Registered number: 06318590)

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

7. Stocks
2024 2023
£ £
Stocks 875,230 937,502

8. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 191,883 204,862
Other debtors 56,686 74,482
248,569 279,344

9. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 50,577 46,488
Amounts owed to group undertakings 987,821 1,103,327
Taxation and social security 63,536 69,546
Other creditors 8,196 6,666
1,110,130 1,226,027

10. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£ £
Within one year 109,436 109,436
Between one and five years 437,744 437,744
In more than five years 355,667 465,103
902,847 1,012,283

11. Called up share capital

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

Acerbis UK Limited (Registered number: 06318590)

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

12. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was qualified.

Graham Wintle (Senior Statutory Auditor)
for and on behalf of Moore Kingston Smith LLP

13. Ultimate controlling party

The controlling party is Mr G Acerbis.

The ultimate parent company is Acerbis Italia SPA, registered in Italy, which prepares consolidated financial statements.

Registered Office:
Acerbis Italia SPA
Via Serio 37
24021 Albino (BG)
Italy