REGISTERED NUMBER: 01865897 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

EGGER TURO PUMPS (U.K.) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr Christophe Habegger

REGISTERED OFFICE:

The Business Village

Innovation Way

Wilthorpe

Barnsley

South Yorkshire

S75 1JL

REGISTERED NUMBER:

01865897 (England and Wales)

AUDITOR:

Xeinadin Audit Limited

8th Floor, Beckett House

36 Old Jewry

London

EC2R 8DD

BANKERS:

Barclays Bank Plc

Leicestershire

Leicester

LE87 2BB

FIXED ASSETS

Tangible assets

4

4,502

1,235

CURRENT ASSETS

Debtors

5

233,714

100,897

Cash at bank and in hand

75,274

262,982

308,988

363,879

CREDITORS

Amounts falling due within one year

6

275,094

321,964

NET CURRENT ASSETS

33,894

41,915

TOTAL ASSETS LESS CURRENT LIABILITIES

38,396

43,150

CAPITAL AND RESERVES

Called up share capital

7

250,000

250,000

Retained earnings

(211,604

)

(206,850

)

SHAREHOLDERS' FUNDS

38,396

43,150

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 and authorised for issue by the director and authorised for issue on 8th April 2025 and were signed by:

Mr Christophe Habegger - Director

1.	STATUTORY INFORMATION

Egger Turo Pumps (U.K.) 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 presentation currency of the financial statements is the Pound Sterling (£).

The financial statements are presented in sterling which is the functional currency of the company and 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.

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

-The requirement of Section 33 Related Party Disclosures paragraph 33.1A

Significant judgements and estimates

No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Turnover from the sale of pumps is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on delivery of the goods.

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:

Leasehold improvements

- 20% on cost

Computer equipment

- 20% on cost

Fixtures & Fittings

- 20% on cost

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.

Pension costs and other post-retirement benefits

The company pays contributions on behalf of employees to employees' private personal pension schemes. Amounts paid are debited to the profit and loss account.

Going concern

The financial statements have been prepared on a going concern basis as the parent company has indicated a willingness to support the company on a financial basis for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

and

Computer

improvements

fittings

equipment

Totals

£

£

£

£

COST

At 1st January 2024

1,117

-

12,740

13,857

Additions

-

2,095

2,296

4,391

Disposals

-

-

(9,715

)

(9,715

)

At 31st December 2024

1,117

2,095

5,321

8,533

DEPRECIATION

At 1st January 2024

708

-

11,914

12,622

Charge for year

223

105

796

1,124

Eliminated on disposal

-

-

(9,715

)

(9,715

)

At 31st December 2024

931

105

2,995

4,031

NET BOOK VALUE

At 31st December 2024

186

1,990

2,326

4,502

At 31st December 2023

409

-

826

1,235

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

218,702

69,438

Amounts recoverable on contract

11,834

27,909

Other debtors

467

-

Prepayments and accrued income

2,711

3,550

233,714

100,897

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

3,395

4,031

Amounts owed to group undertakings

237,622

280,317

Corporation tax

58

58

PAYE and social security

848

841

VAT

25,560

29,208

Other creditors

1,111

2,750

Accruals and deferred income

6,500

4,759

275,094

321,964

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

250,000

Ordinary

£1

250,000

250,000

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

The Report of the Auditor was unqualified.

Scott Mell FCA (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Limited

9.	FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet at the year end were £8,704 (2023: £22,115).

10.	ULTIMATE PARENT PARTY

The company regards Emile Egger & Co. SA/AG, incorporated in Switzerland, as its ultimate parent company.

Registered office address:

Route de Neuchâtel 36

2088 Cressier

Switzerland