REGISTERED NUMBER: 03131682 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

WENGLOR SENSORIC LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F Baur

R Baur

J Mayo

REGISTERED OFFICE:

Unit 2 Beechwood

Cherry Hall Road

Kettering Business Park

Kettering

Northamptonshire

NN14 1UE

REGISTERED NUMBER:

03131682 (England and Wales)

ACCOUNTANTS:

Prime

Chartered Accountants

Corner Oak

1 Homer Road

Solihull

B91 3QG

FIXED ASSETS

Intangible assets

4

4,130

-

Tangible assets

5

13,909

23,794

18,039

23,794

CURRENT ASSETS

Debtors

6

916,725

720,180

Cash at bank and in hand

281,128

582,591

1,197,853

1,302,771

CREDITORS

Amounts falling due within one year

7

150,762

269,094

NET CURRENT ASSETS

1,047,091

1,033,677

TOTAL ASSETS LESS CURRENT LIABILITIES

1,065,130

1,057,471

CAPITAL AND RESERVES

Called up share capital

574,000

574,000

Retained earnings

491,130

483,471

SHAREHOLDERS' FUNDS

1,065,130

1,057,471

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 7 August 2025 and were signed on its behalf by:

F Baur - Director

1.	STATUTORY INFORMATION

Wenglor Sensoric 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 (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

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

Short leasehold

-

Straight line over 20 years

Fixtures and fittings

-

20% on cost

Computer equipment

-

33.33% 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.

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

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

4,956

At 31 December 2024

4,956

AMORTISATION

Charge for year

826

At 31 December 2024

826

NET BOOK VALUE

At 31 December 2024

4,130

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

20,571

77,631

18,431

116,633

Additions

-

-

2,458

2,458

At 31 December 2024

20,571

77,631

20,889

119,091

DEPRECIATION

At 1 January 2024

13,371

63,175

16,293

92,839

Charge for year

967

8,928

2,448

12,343

At 31 December 2024

14,338

72,103

18,741

105,182

NET BOOK VALUE

At 31 December 2024

6,233

5,528

2,148

13,909

At 31 December 2023

7,200

14,456

2,138

23,794

6.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Trade debtors

404,096

481,119

Other debtors

512,629

194,519

916,725

675,638

Amounts falling due after more than one year:

Other debtors

-

44,542

Aggregate amounts

916,725

720,180

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

18,940

196,233

Taxation and social security

5,911

14,669

Other creditors

125,911

58,192

150,762

269,094

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

120,481

113,968

Between one and five years

74,577

131,903

195,058

245,871

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

R Baur

Balance outstanding at start of year

42,169

61,844

Amounts advanced

8,276

8,911

Amounts repaid

(29,250

)

(28,586

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

21,195

42,169

F Baur

Balance outstanding at start of year

42,169

61,844

Amounts advanced

8,275

8,911

Amounts repaid

(29,249

)

(28,586

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

21,195

42,169

Of these balances, £42,391 (2023: £39,796) is included within other debtors and £NIL (2023: £44,542) is included within other debtors due after more than one year. Interest is charged on the loan at 3.25%.

These loans are unsecured.

10.	RELATED PARTY DISCLOSURES

At the year-end the company was owed £296,938 from (2023: owed £170,214 to) Wenglor GmBH. This balance is interest-free and unsecured.

Rent payable to Baur Partnership in the year totalled £46,956 (2023: £46,956).