REGISTERED NUMBER: 02377785 (England and Wales)

Audited Financial Statements

for the Year Ended

31 December 2024

for

Bollegraaf UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A H M Ferdinandusse

REGISTERED OFFICE:

Unit 6

Kimberley Way

Rugeley

Staffordshire

WS15 1RE

REGISTERED NUMBER:

02377785 (England and Wales)

AUDITORS:

DJH Audit Limited

Statutory Auditors

Church Court

Stourbridge Road

Halesowen

West Midlands

B63 3TT

FIXED ASSETS

Tangible assets

4

2,692

4,227

CURRENT ASSETS

Stocks

167,252

143,897

Debtors

5

418,505

433,382

Cash at bank

96,823

84,045

682,580

661,324

CREDITORS

Amounts falling due within one year

6

163,377

209,501

NET CURRENT ASSETS

519,203

451,823

TOTAL ASSETS LESS CURRENT LIABILITIES

521,895

456,050

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

521,795

455,950

521,895

456,050

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 11 September 2025 and were signed by:

A H M Ferdinandusse - Director

1.	STATUTORY INFORMATION

Bollegraaf 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.

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

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has been transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.Contract revenue is recognised when the work has been completed and certified according to the terms of the contract.

Turnover from the provision of service contracts is recognised over a term of the contract on a straight line basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 20% on cost

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

198,437

DEPRECIATION

At 1 January 2024

194,210

Charge for year

1,535

At 31 December 2024

195,745

NET BOOK VALUE

At 31 December 2024

2,692

At 31 December 2023

4,227

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as restated

£

£

Trade debtors

193,705

88,546

Amounts owed by group undertakings

199,686

332,540

Other debtors

25,114

12,296

418,505

433,382

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as restated

£

£

Trade creditors

21,241

22,227

Amounts owed to group undertakings

11,755

64,064

Taxation and social security

60,446

48,808

Other creditors

69,935

74,402

163,377

209,501

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

The Report of the Auditors was unqualified.

Mark Howell FCA (Senior Statutory Auditor)

for and on behalf of DJH Audit Limited

8.	OTHER FINANCIAL COMMITMENTS

The total amount of commitments, guarantees and contingencies at the year end was £Nil (2023 - £8,999).

9.	ULTIMATE CONTROLLING PARTY

The company's parent undertaking is Bollegraaf International Holding BV, a company incorporated in The Netherlands. The company's ultimate parent company is Recycling Solutions Investment Partners BV, a company incorporated in The Netherlands. Group accounts may be obtained from Bollegraaf International Holding B.V. at Tweede Industrieweg 1, PO Box 321, 9900 AH Appingedam, The Netherlands.