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REGISTERED NUMBER: 01849415 (England and Wales)












Audited Financial Statements

for the Year Ended 31 December 2024

for

Kuhne & Heitz (UK) Limited

Kuhne & Heitz (UK) Limited (Registered number: 01849415)






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


Kuhne & Heitz (UK) Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: B J H Veldhoen
L E Jones



REGISTERED OFFICE: Carlton House
18, Mere Green Road
Sutton Coldfield
West Midlands
B75 5BS



REGISTERED NUMBER: 01849415 (England and Wales)



SENIOR STATUTORY AUDITOR: David Williams FCA FCCA



AUDITORS: Locke Williams Associates LLP
Chartered Accountants
Registered Auditors
Studio 2
50-54 St Pauls Square
Birmingham
West Midlands
B3 1QS

Kuhne & Heitz (UK) Limited (Registered number: 01849415)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 835 1,312

CURRENT ASSETS
Debtors 5 9,547 12,554
Cash at bank and in hand 210,566 192,396
220,113 204,950
CREDITORS
Amounts falling due within one year 6 80,934 66,434
NET CURRENT ASSETS 139,179 138,516
TOTAL ASSETS LESS CURRENT
LIABILITIES

140,014

139,828

CAPITAL AND RESERVES
Called up share capital 7 15,000 15,000
Retained earnings 125,014 124,828
SHAREHOLDERS' FUNDS 140,014 139,828

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 1 July 2025 and were signed on its behalf by:





L E Jones - Director


Kuhne & Heitz (UK) Limited (Registered number: 01849415)

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

1. STATUTORY INFORMATION

Kuhne & Heitz (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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

The company acts as the sales representative for its parent company in the UK and is re-imbursed with commissions at a percentage rate on orders placed. Commissions are recognised by reference to orders placed in the year.

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 - 33% on cost and 20% on cost
Computer equipment - 33% on cost

Financial instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with 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.

Basic financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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.


Kuhne & Heitz (UK) Limited (Registered number: 01849415)

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

2. ACCOUNTING POLICIES - continued
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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 14,913
Additions 424
Disposals (4,908 )
At 31 December 2024 10,429
DEPRECIATION
At 1 January 2024 13,601
Charge for year 901
Eliminated on disposal (4,908 )
At 31 December 2024 9,594
NET BOOK VALUE
At 31 December 2024 835
At 31 December 2023 1,312

Kuhne & Heitz (UK) Limited (Registered number: 01849415)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 9,547 12,554

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 121 (1,000 )
Amounts owed to group undertakings 57,974 51,452
Taxation and social security 9,533 6,956
Other creditors 13,306 9,026
80,934 66,434

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
15,000 Ordinary shares £1 15,000 15,000

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

The Report of the Auditors was unqualified.

David Williams FCA FCCA (Senior Statutory Auditor)
for and on behalf of Locke Williams Associates LLP

9. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £62,500 (2023 £2,347). These commitments relate to the company's business premises.