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REGISTERED NUMBER: 07125622 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Cejn UK Limited

Cejn UK Limited (Registered number: 07125622)






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


Cejn UK Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: M O Allerbjer





SECRETARY: Mrs C H Riddell





REGISTERED OFFICE: Units 31 & 32
Three Elms Trading Estate
Hereford
Herefordshire
HR4 9PU





REGISTERED NUMBER: 07125622 (England and Wales)





AUDITORS: R J Francis & Co Limited
Marshall Business Centre
Faraday Road
Hereford
Herefordshire
HR4 9NS

Cejn UK Limited (Registered number: 07125622)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 283,496 133,052
Investments 5 1,000,000 1,000,000
1,283,496 1,133,052

CURRENT ASSETS
Stocks 893,915 751,968
Debtors 6 898,117 666,397
Cash at bank 372,273 667,750
2,164,305 2,086,115
CREDITORS
Amounts falling due within one year 7 877,541 1,827,260
NET CURRENT ASSETS 1,286,764 258,855
TOTAL ASSETS LESS CURRENT LIABILITIES 2,570,260 1,391,907

CREDITORS
Amounts falling due after more than one
year

8

(1,002,354

)

-

PROVISIONS FOR LIABILITIES (44,542 ) (14,719 )
NET ASSETS 1,523,364 1,377,188

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 1,513,364 1,367,188
1,523,364 1,377,188

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 18 March 2025 and were signed by:





M O Allerbjer - Director


Cejn UK Limited (Registered number: 07125622)

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

1. STATUTORY INFORMATION

Cejn 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.

Preparation of consolidated financial statements
The financial statements contain information about Cejn UK Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Going concern
The company has enjoyed strong levels of profitability for the year, with healthy balance sheet reserves. Management are confident the company will continue to trade for the foreseeable future.

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.
Leasehold improvements - Straight line over 9 years
Plant and machinery - 33% on cost, 20% on cost, 10% on cost and Straight line over 3 - 5 years
Motor vehicles - Straight line over 4 - 5 years
Computer equipment - Straight line over 3 years

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's Statement of Financial Position when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


Cejn UK Limited (Registered number: 07125622)

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

2. ACCOUNTING POLICIES - continued
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.

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 14 (2023 - 14 ) .

Cejn UK Limited (Registered number: 07125622)

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

4. TANGIBLE FIXED ASSETS
Freehold Leasehold Plant and
property improvements machinery
£    £    £   
COST
At 1 January 2024 129,187 - 248,224
Additions - - 174,487
Disposals - - -
Reclassification/transfer (129,187 ) 129,187 -
At 31 December 2024 - 129,187 422,711
DEPRECIATION
At 1 January 2024 104,073 - 201,735
Charge for year 14,323 - 24,879
Eliminated on disposal - - -
Reclassification/transfer (118,396 ) 118,396 -
At 31 December 2024 - 118,396 226,614
NET BOOK VALUE
At 31 December 2024 - 10,791 196,097
At 31 December 2023 25,114 - 46,489

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 113,579 33,452 524,442
Additions 53,994 1,694 230,175
Disposals (57,939 ) - (57,939 )
Reclassification/transfer - - -
At 31 December 2024 109,634 35,146 696,678
DEPRECIATION
At 1 January 2024 55,360 30,222 391,390
Charge for year 20,288 2,347 61,837
Eliminated on disposal (40,045 ) - (40,045 )
Reclassification/transfer - - -
At 31 December 2024 35,603 32,569 413,182
NET BOOK VALUE
At 31 December 2024 74,031 2,577 283,496
At 31 December 2023 58,219 3,230 133,052

Cejn UK Limited (Registered number: 07125622)

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 1,000,000
NET BOOK VALUE
At 31 December 2024 1,000,000
At 31 December 2023 1,000,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Smartflow Couplings Limited
Registered office: Unit 14, The Enterprise Village, Prince Albert Gardens, Grimsby, Lincolnshire, England, DN31 3AT
Nature of business: Manufacturing
%
Class of shares: holding
Ordinary 100.00
Ordinary B 100.00
2024 2023
£    £   
Aggregate capital and reserves (110,909 ) (39,696 )

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 616,843 471,426
Amounts owed by group undertakings 117,500 -
Other debtors 46,274 194,971
780,617 666,397

Amounts falling due after more than one year:
Amounts owed by group undertakings 117,500 -

Aggregate amounts 898,117 666,397

Cejn UK Limited (Registered number: 07125622)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 454,390 594,529
Taxation and social security 170,981 194,389
Other creditors 252,170 1,038,342
877,541 1,827,260

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 1,002,354 -

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 41,500 17,500
Between one and five years 22,208 27,708
63,708 45,208

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

The Report of the Auditors was unqualified.

A A Houston (Senior Statutory Auditor)
for and on behalf of R J Francis & Co Limited

11. PARENT-SUBSIDIARY RELATIONSHIP

The company's immediate and ultimate parent undertaking and controlling party is Cejn AB, a company incorporated in Sweden. Copies of the consolidated financial statements of Cejn AB are available from Rättvagen 1, SW-541 34, Skövde, Sweden.