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REGISTERED NUMBER: 04998969 (England and Wales)


























FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

JERICH UK LTD

JERICH UK LTD (REGISTERED NUMBER: 04998969)

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


JERICH UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: Mr H F Jerich





REGISTERED OFFICE: Paddock Business Centre
2 Paddock Road
Skelmersdale
Lancashire
WN8 9PL





REGISTERED NUMBER: 04998969 (England and Wales)





AUDITORS: Sumer Auditco Limited
Statutory Auditors
1st Floor, Waterside House
Waterside Drive
Wigan
Greater Manchester
WN3 5AZ

JERICH UK LTD (REGISTERED NUMBER: 04998969)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 295,117 382,971

CURRENT ASSETS
Debtors 5 874,388 684,908
Cash at bank and in hand 258,397 147,479
1,132,785 832,387
CREDITORS
Amounts falling due within one year 6 (509,729 ) (564,164 )
NET CURRENT ASSETS 623,056 268,223
TOTAL ASSETS LESS CURRENT
LIABILITIES

918,173

651,194

PROVISIONS FOR LIABILITIES (68,545 ) (89,625 )
NET ASSETS 849,628 561,569

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 849,528 561,469
SHAREHOLDERS' FUNDS 849,628 561,569

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 6 May 2025 and were signed by:





Mr H F Jerich - Director


JERICH UK LTD (REGISTERED NUMBER: 04998969)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Jerich UK Ltd 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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover arises from the transportation and warehousing of goods and is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Improvements to property-Over the period of the lease
Plant and equipment-15% on reducing balance
Fixtures and fittings-15% on reducing balance
Motor vehicles-25% on reducing balance
Computer equipment-Straight line over 3 years

Assets are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against future taxable profits.


Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

JERICH UK LTD (REGISTERED NUMBER: 04998969)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued

Foreign currencies
Foreign currency transactions are initially recognised by applying to the foreign currency amount the spot exchange rate between the functional currency and the foreign currency at the date of the transaction.


Monetary assets and liabilities denominated in a foreign currency at the balance sheet date are translated using the closing rate.

Pension costs and other post-retirement benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

Going concern
The Director has reviewed the company's forecasts and projections and in particular, having given due consideration to the impact of the ongoing Ukrainian/Russian war, the director is satisfied that the company's trade will not be adversely affected over the course of the next twelve months. The company therefore continue to adopt the Going Concern basis of preparation of the accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 529,897
Additions 5,222
At 31 December 2024 535,119
DEPRECIATION
At 1 January 2024 146,926
Charge for year 93,076
At 31 December 2024 240,002
NET BOOK VALUE
At 31 December 2024 295,117
At 31 December 2023 382,971


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 544,632 507,590
Amounts owed by group undertakings 182,676 27,320
Other debtors 147,080 149,998
874,388 684,908

JERICH UK LTD (REGISTERED NUMBER: 04998969)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 182,849 270,875
Amounts owed to group undertakings - 196,550
Taxation and social security 280,946 57,827
Other creditors 45,934 38,912
509,729 564,164

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 287,191 18,374
Between one and five years 672,683 1,047,021
959,874 1,065,395

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

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

The Report of the Auditors was unqualified.

Catherine Rogers BSc(Hons) FCA (Senior Statutory Auditor)
for and on behalf of Sumer Auditco Limited

10. RELATED PARTY DISCLOSURES

The parent company, which owns 100% of the issued share capital, is Jerich Austria GMBH, a company incorporated in Austria. The ultimate controlling party is Herbert Jerich.