| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 December 2024 |
| for |
| Ebrand Services (UK) LTD |
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 31 December 2024 |
| for |
| Ebrand Services (UK) LTD |
| Ebrand Services (UK) LTD (Registered number: 09127653) |
| 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 |
| Ebrand Services (UK) LTD |
| Company Information |
| for the Year Ended 31 December 2024 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| Chartered Accountants |
| and Statutory Auditors |
| Roland House |
| Princes Dock Street |
| HULL HU1 2LD |
| Ebrand Services (UK) LTD (Registered number: 09127653) |
| Balance Sheet |
| 31 December 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Retained earnings | 7 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The financial statements were approved by the director and authorised for issue on |
| Ebrand Services (UK) LTD (Registered number: 09127653) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2024 |
| 1. | STATUTORY INFORMATION |
| Ebrand Services (UK) LTD is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" 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 EBRAND Holdings SA. The directors of EBRAND Holdings SA have agreed to provide continued financial support to ensure the company will be able to trade as a going concern for the foreseeable future. The financial statements have therefore been prepared on a 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 in respect of costs recharged is recognised in the same period the costs are incurred. |
| Turnover from a contract to provide services is recognised in the period which the services are provided in accordance with the stage of completion of the contract. |
| 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 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. |
| Ebrand Services (UK) LTD (Registered number: 09127653) |
| 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 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| VAT |
| Prepayments and accrued income |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Other creditors |
| Accruals and deferred income |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2024 | 2023 |
| value: | £ | £ |
| Ordinary | 1 | 100 | 100 |
| 7. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 January 2024 | ( |
) |
| Deficit for the year | ( |
) |
| At 31 December 2024 | ( |
) |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| Ebrand Services (UK) LTD (Registered number: 09127653) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 9. | RELATED PARTY DISCLOSURES |
| During the year, costs of £33,756 (2023: £29,344) were recharged to Luxcloud SA, a sister company, under normal commercial terms. At the balance sheet date, £Nil (2023: £94) was due from Luxcloud SA. |
| During the year, the company made purchases from EuroDNS, a sister company, totalling £2,800 (2023: £Nil) under normal commercial terms. Costs of £Nil (2023: £37,937) were recharged to EuroDNS. EuroDNS received income on behalf of the company totalling £Nil (2023: £65,686). EuroDNS met costs on behalf of the company totalling £1,170 (2023 £62,760). At the balance sheet date, £2,173 was owed to EuroDNS (2023: £1,500 due from EuroDNS). |
| During the year, EBRAND AG, a sister company, loaned Ebrand Services (UK) Ltd £150,245 (2023: £Nil). A market rate of interest has been charged on this loan totalling £1,733. At the balance sheet date, £172,996 (2023: £24,943) was owed to EBRAND AG. |
| During the year, EBRAND Holdings SA, the immediate parent company, loaned Ebrand Services (UK) Ltd £2,000 (2023: £Nil). At the balance sheet date, £2,000 (2023: £Nil) was owed to EBRAND Holdings SA. This amount is free of interest and repayable on demand. |
| During the year the company received management services from Namespace Holdings SA, the ultimate parent company, totalling £11,197 (2023: £Nil). At the balance sheet date, £3,025 (2023: £Nil) was owed to Namespace Holdings SA. This amount is free of interest and repayable on demand. |
| 10. | ULTIMATE CONTROLLING PARTY |
| The immediate controlling party is EBRAND Holdings SA, a company incorporated in Luxembourg. |
| The ultimate parent company is Namespace Holdings SA, a company incorporated in Luxembourg. |
| The ultimate controlling party is Xavier Buck. |