Silverfin false 10 June 2025 06 June 2025 Imran Farooq Rödl & Partner 47,482 0 false true 31/12/2024 18/09/2023 31/12/2024 A B R Abeler 01/03/2025 18/09/2023 R H Bodington 01/03/2025 R Breen 01/03/2025 14/03/2024 H Dassinger 01/03/2025 18/09/2023 J A Forsyth 01/03/2025 S Lischka 01/03/2025 09/02/2024 F Schnur 01/03/2025 01/01/2024 J Türke 01/03/2025 01/02/2024 06 June 2025 The principal activity of the Company during the financial period was that of manufacturing military fighting vehicles. The company was incorporated on 18 September 2023 and commenced trading on this date. 15144481 2024-12-31 15144481 bus:Director1 2024-12-31 15144481 bus:Director2 2024-12-31 15144481 bus:Director3 2024-12-31 15144481 bus:Director4 2024-12-31 15144481 bus:Director5 2024-12-31 15144481 bus:Director6 2024-12-31 15144481 bus:Director7 2024-12-31 15144481 bus:Director8 2024-12-31 15144481 core:CurrentFinancialInstruments 2024-12-31 15144481 core:ShareCapital 2024-12-31 15144481 core:RetainedEarningsAccumulatedLosses 2024-12-31 15144481 bus:OrdinaryShareClass1 2024-12-31 15144481 2023-09-18 2024-12-31 15144481 bus:FilletedAccounts 2023-09-18 2024-12-31 15144481 bus:SmallEntities 2023-09-18 2024-12-31 15144481 bus:Audited 2023-09-18 2024-12-31 15144481 2023-01-01 2023-09-17 15144481 bus:PrivateLimitedCompanyLtd 2023-09-18 2024-12-31 15144481 bus:Director1 2023-09-18 2024-12-31 15144481 bus:Director2 2023-09-18 2024-12-31 15144481 bus:Director3 2023-09-18 2024-12-31 15144481 bus:Director4 2023-09-18 2024-12-31 15144481 bus:Director5 2023-09-18 2024-12-31 15144481 bus:Director6 2023-09-18 2024-12-31 15144481 bus:Director7 2023-09-18 2024-12-31 15144481 bus:Director8 2023-09-18 2024-12-31 15144481 bus:OrdinaryShareClass1 2023-09-18 2024-12-31 15144481 1 2023-09-18 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15144481 (England and Wales)

ARTEC BOXER UK LTD

Financial Statements
For the financial period from 18 September 2023 to 31 December 2024
Pages for filing with the registrar

ARTEC BOXER UK LTD

Financial Statements

For the financial period from 18 September 2023 to 31 December 2024

Contents

ARTEC BOXER UK LTD

COMPANY INFORMATION

For the financial period from 18 September 2023 to 31 December 2024
ARTEC BOXER UK LTD

COMPANY INFORMATION (continued)

For the financial period from 18 September 2023 to 31 December 2024
DIRECTORS A B R Abeler (Appointed 18 September 2023, Resigned 01 March 2025)
R H Bodington (Appointed 01 March 2025)
R Breen (Appointed 14 March 2024, Resigned 01 March 2025)
H Dassinger (Appointed 18 September 2023, Resigned 01 March 2025)
J A Forsyth (Appointed 01 March 2025)
S Lischka (Appointed 09 February 2024, Resigned 01 March 2025)
F Schnur (Appointed 01 January 2024, Resigned 01 March 2025)
J Türke (Appointed 01 February 2024, Resigned 01 March 2025)
REGISTERED OFFICE 1 Park Row
Leeds
LS1 5AB
United Kingdom
COMPANY NUMBER 15144481 (England and Wales)
AUDITOR Rödl & Partner
Statutory Auditor
170 Edmund Street
Birmingham
B3 2HB
ARTEC BOXER UK LTD

BALANCE SHEET

As at 31 December 2024
ARTEC BOXER UK LTD

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024
£
Current assets
Debtors 3 2,681
Cash at bank and in hand 150,457
153,138
Creditors: amounts falling due within one year 4 ( 28,132)
Net current assets 125,006
Total assets less current liabilities 125,006
Net assets 125,006
Capital and reserves
Called-up share capital 5 172,488
Profit and loss account ( 47,482 )
Total shareholder's funds 125,006

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of ARTEC Boxer UK Ltd (registered number: 15144481) were approved and authorised for issue by the Board of Directors on 06 June 2025. They were signed on its behalf by:

J A Forsyth
Director
ARTEC BOXER UK LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 18 September 2023 to 31 December 2024
ARTEC BOXER UK LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 18 September 2023 to 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Artec Boxer UK Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The Company was incorporated on 18 September 2023 and commenced trading on this date. This is the Company's first set of financial statements. The address of the Company's registered office is 1 Park Row, Leeds, LS1 5AB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Artec Boxer UK Ltd is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Going concern

The financial statements have been prepared on a going concern basis.

The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise on monetary items.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

Period from
18.09.2023 to
31.12.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 5

3. Debtors

31.12.2024
£
Other debtors 2,681

4. Creditors: amounts falling due within one year

31.12.2024
£
Trade creditors 2,347
Other creditors 25,785
28,132

5. Called-up share capital

31.12.2024
£
Allotted, called-up and fully-paid
172,488 A Ordinary shares of £ 1.00 each 172,488

On 18 September 2023, 172,488 Ordinary shares with a nominal value of £1 per share were issued for consideration.

6. Audit Opinion

The auditor's report on the accounts for the financial period ended 31 December 2024 was unqualified.

The audit report was signed by Imran Farooq on behalf of Rödl & Partner.

7. Ultimate controlling party

Parent Company:

ARTEC GmbH
District court (Amtsgericht)
München, HRB 12 42 76
Germany

The immediate parent company is ARTEC GmbH, a company incorporated in Germany. The ultimate controlling party is Rheinmetall AG, a company incorporated in Germany.