REGISTERED NUMBER: 04910965 (England and Wales)

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ALCOLOCK UK LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

F J E Comeau

Secretaries:

F J E Comeau

Vistra Company Secretaries Limited

Registered office:

Suite 1, 7th Floor

50 Broadway

London

SW1H 0BL

Registered number:

04910965 (England and Wales)

Auditors:

Fuller & Roper Limited

Chartered Accountants and Statutory Auditors

12 Old Mills Industrial Estate

Paulton

BS39 7SU

FIXED ASSETS

Tangible assets

4

1,164

1,745

CURRENT ASSETS

Stocks

9,033

4,368

Debtors

5

37,769

19,055

Cash at bank

9,721

40,065

56,523

63,488

CREDITORS

Amounts falling due within one year

6

(1,425,883

)

(1,341,399

)

NET CURRENT LIABILITIES

(1,369,360

)

(1,277,911

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,368,196

)

(1,276,166

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(1,368,197

)

(1,276,167

)

SHAREHOLDERS' FUNDS

(1,368,196

)

(1,276,166

)

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 9 September 2025 and were signed by:

F J E Comeau - Director

1.	STATUTORY INFORMATION

Alcolock 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 company’s functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

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.

Tangible fixed assets

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the assets to the location and condition necessary for them to be capable of operating in the manner intended by management.

Depreciation is provided at the following annual rates.

Plant and machinery- Straight line over 5 years

Stocks

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

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its 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.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities

Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

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.

Going concern

The company has incurred a loss for the year of £92,030 and has net liabilities of £1,368,196, which indicates a material uncertainty as to whether the company can continue as a going concern. The director considers the going concern basis of accounting to be appropriate as the parent undertaking, Alcohol Countermeasure Systems (International) Inc., has indicated that will continue to support the company financially for a period of at least 12 months from the date the financial statements are signed.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

Cost

At 1 January 2024

and 31 December 2024

2,907

Depreciation

At 1 January 2024

1,162

Charge for year

581

At 31 December 2024

1,743

Net book value

At 31 December 2024

1,164

At 31 December 2023

1,745

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

37,475

18,766

Other debtors

294

289

37,769

19,055

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

3,317

5,583

Taxation and social security

8,121

7,807

Other creditors

1,414,445

1,328,009

1,425,883

1,341,399

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

The Report of the Auditors was unqualified.

Simon Roper (Senior Statutory Auditor)

for and on behalf of Fuller & Roper Limited

Material uncertainty related to going concern

We draw attention to note 2 to the financial statements, which indicates that the company incurred a loss of £92,030 during the year ended 31 December 2024 and, as of that date, the company's current liabilities exceeded its total assets by £1,386,196. As states in note 2, this indicates that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter. In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

8.	CONTROLLING PARTY

The company is a wholly owned subsidiary of Alcohol Countermeasure Systems (International) Inc., a company incorporated in Canada.