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REGISTERED NUMBER: 03619978 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

Spinner United Kingdom Limited

Spinner United Kingdom Limited (Registered number: 03619978)






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


Spinner United Kingdom Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr M P Edwards
K F Koenig





REGISTERED OFFICE: Suite 8, Phoenix House
Golborne Enterprise Park
High Street, Golborne
Warrington
WA3 3DP





REGISTERED NUMBER: 03619978 (England and Wales)





AUDITORS: Torr Waterfield Limited
Statutory Auditor
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Spinner United Kingdom Limited (Registered number: 03619978)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 59 252

CURRENT ASSETS
Debtors 5 28,771 33,285
Cash at bank 285,443 274,530
314,214 307,815
CREDITORS
Amounts falling due within one year 6 (11,613 ) (14,092 )
NET CURRENT ASSETS 302,601 293,723
TOTAL ASSETS LESS CURRENT
LIABILITIES

302,660

293,975

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 301,660 292,975
SHAREHOLDERS' FUNDS 302,660 293,975

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 February 2025 and were signed on its behalf by:





Mr M P Edwards - Director


Spinner United Kingdom Limited (Registered number: 03619978)

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

1. STATUTORY INFORMATION

Spinner United Kingdom 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.

Turnover
Turnover represents costs recharged and commissions earned. Costs recharged are in line with service agreements entered into. Commissions are deemed to be earned when the commission paying company raises an invoice to its customer. All elements of turnover are disclosed net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 the Income Statement in the period to which they relate.

Spinner United Kingdom Limited (Registered number: 03619978)

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 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 3,106 2,673 5,779
DEPRECIATION
At 1 January 2024 3,106 2,421 5,527
Charge for year - 193 193
At 31 December 2024 3,106 2,614 5,720
NET BOOK VALUE
At 31 December 2024 - 59 59
At 31 December 2023 - 252 252

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed by group undertakings 25,856 30,670
Other debtors 2,915 2,615
28,771 33,285

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 410 306
Taxation and social security 5,081 7,853
Other creditors 6,122 5,933
11,613 14,092

Other creditors includes accruals and deferred income of £6,030 (2023 - £5,870).

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

The Report of the Auditors was unqualified.

Peter Morris (Senior Statutory Auditor)
for and on behalf of Torr Waterfield Limited

8. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £2,903 (2023 - £6,796).

Spinner United Kingdom Limited (Registered number: 03619978)

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

9. ULTIMATE CONTROLLING PARTY

The company is controlled by its parent company, Spinner GmbH, incorporated in Germany.

Group accounts are available from Spinner GmbH at their registered office address in Germany;

Erzgiessereistr. 33, 80335 Munich, Germany