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REGISTERED NUMBER: 04364198 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Kiezebrink UK Limited

Kiezebrink UK Limited (Registered number: 04364198)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kiezebrink UK Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr M J A Derks
Mr A Gordon
Mr S H Kiezebrink
Mrs C A Kiezebrink





SECRETARY: Mr A Gordon





REGISTERED OFFICE: Lewis House
Great Chesterford Court
Great Chesterford
Essex
CB10 1PF





REGISTERED NUMBER: 04364198 (England and Wales)

Kiezebrink UK Limited (Registered number: 04364198)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 481,517 496,182
481,517 496,182

CURRENT ASSETS
Stocks 512,124 439,394
Debtors 7 275,320 282,449
Cash at bank and in hand 340,819 299,896
1,128,263 1,021,739
CREDITORS
Amounts falling due within one year 8 545,592 619,484
NET CURRENT ASSETS 582,671 402,255
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,064,188

898,437

CREDITORS
Amounts falling due after more than one
year

9

(44,880

)

-

PROVISIONS FOR LIABILITIES (75,392 ) (72,428 )
NET ASSETS 943,916 826,009

CAPITAL AND RESERVES
Called up share capital 40,000 40,000
Share premium 40,001 40,001
Retained earnings 863,915 746,008
943,916 826,009

Kiezebrink UK Limited (Registered number: 04364198)

Balance Sheet - continued
31 December 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 4 June 2025 and were signed on its behalf by:




Mr A Gordon - Director Mrs C A Kiezebrink - Director




Mr M J A Derks - Director Mr S H Kiezebrink - Director


Kiezebrink UK Limited (Registered number: 04364198)

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


1. STATUTORY INFORMATION

Kiezebrink 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost, 20% on cost and 10% on cost

Depreciation is calculated on a monthly basis commencing in the month after acquisition.

Government grants
Government grants in relation to tangible fixed asset are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.

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
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.


Kiezebrink UK Limited (Registered number: 04364198)

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


3. 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 18 ) .

Kiezebrink UK Limited (Registered number: 04364198)

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


5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 7,500
AMORTISATION
At 1 January 2024
and 31 December 2024 7,500
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 1,096,020
Additions 105,462
At 31 December 2024 1,201,482
DEPRECIATION
At 1 January 2024 599,838
Charge for year 120,127
At 31 December 2024 719,965
NET BOOK VALUE
At 31 December 2024 481,517
At 31 December 2023 496,182

Kiezebrink UK Limited (Registered number: 04364198)

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


6. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2024 137,532
Additions 87,315
Transfer to ownership (137,532 )
At 31 December 2024 87,315
DEPRECIATION
At 1 January 2024 123,778
Charge for year 5,821
Transfer to ownership (123,778 )
At 31 December 2024 5,821
NET BOOK VALUE
At 31 December 2024 81,494
At 31 December 2023 13,754

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 238,415 260,184
Other debtors 36,905 22,265
275,320 282,449

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 10) 21,682 12,237
Trade creditors 334,089 398,872
Taxation and social security 130,774 126,647
Other creditors 59,047 81,728
545,592 619,484

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 10) 44,880 -

Kiezebrink UK Limited (Registered number: 04364198)

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


10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 21,682 12,237
Between one and five years 44,880 -
66,562 12,237

Non-cancellable operating leases
2024 2023
£    £   
Within one year 58,000 58,000
Between one and five years 43,500 101,500
101,500 159,500