Company registration number 04595665 (England and Wales)
NAUE GEOSYNTHETICS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
NAUE GEOSYNTHETICS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
NAUE GEOSYNTHETICS LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
147,366
222,395
Investments
4
419,150
419,150
566,516
641,545
Current assets
Debtors
6
1,074,999
825,803
Cash at bank and in hand
570,997
500,004
1,645,996
1,325,807
Creditors: amounts falling due within one year
7
(1,541,645)
(1,313,921)
Net current assets
104,351
11,886
Net assets
670,867
653,431
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
670,767
653,331
Total equity
670,867
653,431

The notes on pages 2 to 6 form part of these financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 15 September 2025 and are signed on its behalf by:
Mr C M Quirk
Director
Company registration number 04595665 (England and Wales)
NAUE GEOSYNTHETICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information

Naue Geosynthetics Limited is a private company limited by shares incorporated in England and Wales. The registered office is Genesis Centre, Birchwood, Warrington, Cheshire, WA3 7BH.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Turnover

Revenue comprises commissions receivable and sales of materials during the year, net of value added tax, rebates and discounts. Commission is recognised on the accruals basis. Sales of materials are recognised when the company has delivered the goods to the customer.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Plant and machinery
15% reducing balance
Fixtures, fittings and equipment
15% reducing balance
Computer equipment
25% straight line
Motor vehicles
25% straight line
1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

NAUE GEOSYNTHETICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 3 -
1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
13
13
NAUE GEOSYNTHETICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
3
Tangible fixed assets
Plant and machinery
Fixtures, fittings and equipment
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 January 2024
4,003
9,340
56,648
293,608
363,599
Additions
-
0
395
5,573
-
0
5,968
Disposals
-
0
-
0
-
0
(59,603)
(59,603)
At 31 December 2024
4,003
9,735
62,221
234,005
309,964
Depreciation and impairment
At 1 January 2024
3,519
8,948
47,328
81,409
141,204
Depreciation charged in the year
73
119
6,033
45,293
51,518
Eliminated in respect of disposals
-
0
-
0
-
0
(30,124)
(30,124)
At 31 December 2024
3,592
9,067
53,361
96,578
162,598
Carrying amount
At 31 December 2024
411
668
8,860
137,427
147,366
At 31 December 2023
484
392
9,320
212,199
222,395
4
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
419,150
419,150
NAUE GEOSYNTHETICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
4
Fixed asset investments
(Continued)
- 5 -
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 January 2024
492,473
Additions
8,177
At 31 December 2024
500,650
Impairment
At 1 January 2024
73,323
Impairment losses
8,177
At 31 December 2024
81,500
Carrying amount
At 31 December 2024
419,150
At 31 December 2023
419,150
5
Subsidiaries

Details of the company's subsidiaries at 31 December 2024 are as follows:

Name of undertaking
Registered office
Class of
% Held
shares held
Direct
CT Lining Limited
Genesis Centre, Birchwood, Warrington, Cheshire, England, WA3 7BH
Ordinary
100.00
6
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
963,968
801,011
Amounts owed by group undertakings
86,255
-
0
Other debtors
24,776
24,792
1,074,999
825,803
NAUE GEOSYNTHETICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 6 -
7
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
24,939
42,754
Amounts owed to group undertakings
1,102,376
851,312
Taxation and social security
350,652
291,078
Other creditors
63,678
128,777
1,541,645
1,313,921
8
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report was unqualified.

Senior Statutory Auditor:
Darren Leigh FCCA
Statutory Auditor:
BK Plus Audit Limited
Date of audit report:
15 September 2025
9
Parent company

The following are t he parents of the largest and smallest groups in which this company's results are consolidated:

Largest group
Naue GmbH & Co. KG
Smallest group
Naue GmbH & Co. KG

The financial statements are available upon request from its registered office, Gewerbestr.2, 32339 Espelkamp, Germany.

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