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REGISTERED NUMBER: 04105370 (England)















Financial Statements

for the Year Ended 31 December 2024

for

Wipotec-Ocs Limited

Wipotec-Ocs Limited (Registered number: 04105370)

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


Wipotec-Ocs Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: T A Duppre
T Kraemer



REGISTERED OFFICE: Bridge House
Old Grantham Road
Whatton
Nottingham
NG13 9FG



REGISTERED NUMBER: 04105370 (England)



SENIOR STATUTORY AUDITOR: Caroline Peverett BA FCA



AUDITORS: Tuerner Audit Limited
Bridge House
Old Grantham Road
Whatton
Nottingham
NG13 9FG

Wipotec-Ocs Limited (Registered number: 04105370)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 199,905 244,272

CURRENT ASSETS
Stocks 75,005 449,029
Debtors 6 631,202 968,055
Cash at bank and in hand 793,412 470,977
1,499,619 1,888,061
CREDITORS
Amounts falling due within one year 7 3,297,780 3,932,515
NET CURRENT LIABILITIES (1,798,161 ) (2,044,454 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,598,256

)

(1,800,182

)

CAPITAL AND RESERVES
Called up share capital 9 50,000 50,000
Retained earnings (1,648,256 ) (1,850,182 )
SHAREHOLDERS' FUNDS (1,598,256 ) (1,800,182 )

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 20 August 2025 and were signed on its behalf by:





T A Duppre - Director


Wipotec-Ocs Limited (Registered number: 04105370)

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


1. STATUTORY INFORMATION

Wipotec-Ocs Limited is a private company, limited by shares , registered in England. 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.

The accounts have been prepared under the going concern concept due to the fact that the company has the continued support of the group. The directors have been given assurance that this support will continue for the foreseeable future.

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, excluding discounts, rebates, value added tax and other sales taxes.

The company recognises revenue upon delivery of machines and parts; and on the completion of servicing work. Machine sales are invoiced in stage payments which are included on the balance sheet as deferred income until delivery has taken place. All other sales are invoice based on the stage of completion of work.

Tangible fixed assets
Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation is provided at the following annual rates in order to write off cost less estimated residual value of each asset over its estimated useful life:

Short leasehold improvements10% Straight line
Demo machines33% Straight line
Furniture and fittings15% Straight line
Computer equipment25% Straight line
Motor vehicles35% Reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Wipotec-Ocs Limited (Registered number: 04105370)

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


3. 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
Contributions payable to employees pension schemes are charged to the profit and loss account in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 13 ) .

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 188,410 724,145 912,555
Additions - 79,316 79,316
Disposals - (45,474 ) (45,474 )
At 31 December 2024 188,410 757,987 946,397
DEPRECIATION
At 1 January 2024 188,410 479,873 668,283
Charge for year - 119,762 119,762
Eliminated on disposal - (41,553 ) (41,553 )
At 31 December 2024 188,410 558,082 746,492
NET BOOK VALUE
At 31 December 2024 - 199,905 199,905
At 31 December 2023 - 244,272 244,272

Wipotec-Ocs Limited (Registered number: 04105370)

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


6. DEBTORS
31.12.24 31.12.23
£    £   
Amounts falling due within one year:
Trade debtors 520,851 843,597
Other debtors 104,351 118,458
625,202 962,055

Amounts falling due after more than one year:
Other debtors 6,000 6,000

Aggregate amounts 631,202 968,055

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 94,204 158,741
Amounts owed to group undertakings 2,383,734 2,673,254
Taxation and social security 172,792 191,043
Other creditors 647,050 909,477
3,297,780 3,932,515

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 51,330 59,312
Between one and five years 126,320 177,650
177,650 236,962

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
50,000 Ordinary 1 50,000 50,000

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

The Report of the Auditors was unqualified.

Caroline Peverett BA FCA (Senior Statutory Auditor)
for and on behalf of Tuerner Audit Limited

11. ULTIMATE CONTROLLING PARTY

The parent company of the smallest group into which the accounts of WIPOTEC-OCS Limited are consolidated is WIPOTEC GmbH. Their registered office address is:

Adam-Hoffman-Str. 26
67657 Kaiserslautern
Germany

The ultimate parent company is WIPOTEC GmbH, a company incorporated in Germany.