IRIS Accounts Production v25.1.0.734 00498637 Board of Directors 1.1.24 31.12.24 31.12.24 27.5.25 false true false false true false Auditors Opinion Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh004986372023-12-31004986372024-12-31004986372024-01-012024-12-31004986372022-12-31004986372023-01-012023-12-31004986372023-12-3100498637ns15:EnglandWales2024-01-012024-12-3100498637ns14:PoundSterling2024-01-012024-12-3100498637ns10:Director12024-01-012024-12-3100498637ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3100498637ns10:SmallEntities2024-01-012024-12-3100498637ns10:Audited2024-01-012024-12-3100498637ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3100498637ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3100498637ns10:FullAccounts2024-01-012024-12-3100498637ns10:OrdinaryShareClass12024-01-012024-12-3100498637ns10:Director32024-01-012024-12-3100498637ns10:RegisteredOffice2024-01-012024-12-3100498637ns5:CurrentFinancialInstruments2024-12-3100498637ns5:CurrentFinancialInstruments2023-12-3100498637ns5:Non-currentFinancialInstruments2024-12-3100498637ns5:Non-currentFinancialInstruments2023-12-3100498637ns5:ShareCapital2024-12-3100498637ns5:ShareCapital2023-12-3100498637ns5:RetainedEarningsAccumulatedLosses2024-12-3100498637ns5:RetainedEarningsAccumulatedLosses2023-12-3100498637ns5:PlantMachinery2024-01-012024-12-3100498637ns5:PlantMachinery2023-12-3100498637ns5:PlantMachinery2024-12-3100498637ns5:PlantMachinery2023-12-3100498637ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-12-3100498637ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3100498637ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-12-3100498637ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3100498637ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-12-3100498637ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-12-3100498637ns5:HirePurchaseContracts2024-12-3100498637ns5:HirePurchaseContracts2023-12-3100498637ns5:WithinOneYear2024-12-3100498637ns5:WithinOneYear2023-12-3100498637ns5:BetweenOneFiveYears2024-12-3100498637ns5:BetweenOneFiveYears2023-12-3100498637ns5:MoreThanFiveYears2024-12-3100498637ns5:MoreThanFiveYears2023-12-3100498637ns5:AllPeriods2024-12-3100498637ns5:AllPeriods2023-12-3100498637ns10:OrdinaryShareClass12024-12-31
REGISTERED NUMBER: 00498637 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

STARCKE ABRASIVES UK LIMITED

STARCKE ABRASIVES UK LIMITED (REGISTERED NUMBER: 00498637)

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


STARCKE ABRASIVES UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: D S Taylor
C Weiss





REGISTERED OFFICE: Unit 7
Riverside
Treforest Industrial Estate
Rhondda Cynon Taff
CF37 5TG





REGISTERED NUMBER: 00498637 (England and Wales)





AUDITORS: Xeinadin Audit Limited
(Statutory Auditor)
Court House
Court Road
Bridgend
CF31 1BE

STARCKE ABRASIVES UK LIMITED (REGISTERED NUMBER: 00498637)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 65,370 81,888

CURRENT ASSETS
Stocks 915,381 790,738
Debtors 5 252,755 263,723
Cash at bank and in hand 43,625 93,046
1,211,761 1,147,507
CREDITORS
Amounts falling due within one year 6 811,588 757,345
NET CURRENT ASSETS 400,173 390,162
TOTAL ASSETS LESS CURRENT
LIABILITIES

465,543

472,050

CREDITORS
Amounts falling due after more than one
year

7

(13,832

)

(29,340

)

PROVISIONS FOR LIABILITIES (2,231 ) (3,154 )
NET ASSETS 449,480 439,556

CAPITAL AND RESERVES
Called up share capital 9 110,000 110,000
Retained earnings 339,480 329,556
SHAREHOLDERS' FUNDS 449,480 439,556

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 Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by:





D S Taylor - Director


STARCKE ABRASIVES UK LIMITED (REGISTERED NUMBER: 00498637)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Starcke Abrasives 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 on a going concern basis. This basis is deemed appropriate due to the stable financial position of the company and the ongoing support of the parent company where required.

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 - 25% on cost and 10% on reducing balance

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.

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.

STARCKE ABRASIVES UK LIMITED (REGISTERED NUMBER: 00498637)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued

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. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 96,699
Additions 834
At 31 December 2024 97,533
DEPRECIATION
At 1 January 2024 14,811
Charge for year 17,352
At 31 December 2024 32,163
NET BOOK VALUE
At 31 December 2024 65,370
At 31 December 2023 81,888

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 212,220 227,033
Other debtors 40,535 36,690
252,755 263,723

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 15,313 13,654
Trade creditors 5,585 7,551
Amounts owed to group undertakings 692,411 640,312
Taxation and social security 80,432 75,146
Other creditors 17,847 20,682
811,588 757,345

STARCKE ABRASIVES UK LIMITED (REGISTERED NUMBER: 00498637)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 13,832 29,340

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 15,313 13,654
Between one and five years 13,832 29,340
29,145 42,994

Non-cancellable operating leases
2024 2023
£    £   
Within one year 32,500 32,500
Between one and five years 130,000 130,000
In more than five years - 32,500
162,500 195,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
110,000 Ordinary Shares £1 110,000 110,000

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

The Report of the Auditors was unqualified.

Nigel Williams BCom FCA (Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited

11. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.