Van Ameyde UK Holding Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 7

Van Ameyde UK Holding Limited

Balance Sheet

31 December 2024

	Note	2024 £	2023 £
Fixed assets
Investments	4	23,674,390	23,674,390
Current assets
Debtors	5	4,810,200	6,060,058
Cash at bank and in hand		8,576	189,515
		4,818,776	6,249,573
Creditors: Amounts falling due within one year	6	(4,020,518)	(4,014,883)
Net current assets		798,258	2,234,690
Net assets		24,472,648	25,909,080
Capital and reserves
Called up share capital	7	1,490	1,490
Share premium reserve		13,913,610	13,913,610
Profit and loss account		10,557,548	11,993,980
Shareholders' funds		24,472,648	25,909,080

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 17 September 2025 and signed on its behalf by:
 

......................................... J Eveling Director

Company Registration Number: 02998842

Van Ameyde UK Holding Limited

Notes to the Financial Statements

Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
42 Kings Hill Avenue
Kings Hill
West Malling
ME19 4AJ
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applciable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Group accounts not prepared

The financial statements contain information about Van Ameyde UK Holding Limited as an individual compay and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking re included by fill consolidatio in the consolidated financial statements of its parent, Van Ameyde International BV, Einsteiniaan 20, 2289 CC Rijswijk.

Van Ameyde UK Holding Limited

Notes to the Financial Statements

Year Ended 31 December 2024

Going concern

In preparing the financial statements the directors are required to assess the company's ability to continue to trade as a going concern for the forseeable future.

In undertaking this assessment, the directors have given due consideration to its subsidiaries banking facilities, historical and current trading as well as trading projections. The company's subsidiaries have prepared cash-flow forecasts and undertaken scenario modelling. Modelling of potential scenarios indictated that the subsidaries are well placed to continue to operate during a prolonged period of impack with no requirement for additional funding or substantial headcount reductions.

The directors have considered the cash requirement of the company and the level of dividends anticipated to be received from its subsidiaries based on their forecasts and are confindent that the company will contnue as a going concern and meet its liabilities as they fall due for a period of at least 12 months from the date of approval of these financial statements.

The company therefore continue to adopt the going concern basis in preparing its financial statements.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Van Ameyde UK Holding Limited

Notes to the Financial Statements

Year Ended 31 December 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Financial instruments

Classification
Financial assets and liabilities are recognised / (de-recognised) when the company becomes / (ceases to be) party to the contractual provisions of the instrument.

The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Bank loans; and
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

Van Ameyde UK Holding Limited

Notes to the Financial Statements

Year Ended 31 December 2024

4	Investments

	2024 £	2023 £
Investments in subsidiaries	23,674,390	23,674,390