Contura Stoves (UK) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13087424 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CONTURA STOVES (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P I Wood

T K L Bergman

N Nemeth

REGISTERED OFFICE:

Unit 8

Brunel Road

Doncaster

South Yorkshire

DN5 8PT

REGISTERED NUMBER:

13087424 (England and Wales)

AUDITORS:

S&W Audit

Statutory Auditor & Chartered Accountants

3rd Floor

56 Wellington Street

Leeds

LS1 2EE

CURRENT ASSETS

Debtors

4

656,037

1,174,017

Cash at bank

1,287,995

1,906,565

1,944,032

3,080,582

CREDITORS

Amounts falling due within one year

5

1,058,413

1,829,568

NET CURRENT ASSETS

885,619

1,251,014

TOTAL ASSETS LESS CURRENT
LIABILITIES

885,619

1,251,014

CAPITAL AND RESERVES

Called up share capital

7

50,000

Retained earnings

835,619

1,201,014

SHAREHOLDERS' FUNDS

885,619

1,251,014

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 19 September 2025 and were signed on its behalf by:

P I Wood - Director

1.	STATUTORY INFORMATION

Contura Stoves (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 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.

Going concern

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information in making their assessment. Based on these assessments, given the measures that could be undertaken to mitigate the current conditions, and the current resources available, the Directors have concluded as per the Directors' report that they can continue to adopt the going concern basis in preparing the annual report and accounts.

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.

Turnover is recognised when all of the significant risks and rewards of ownership have been transferred to the customer

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.

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.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

647,569

1,173,897

Other debtors

8,468

120

656,037

1,174,017

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade creditors

3,467

3,031

Amounts owed to group undertakings

678,766

1,167,066

Taxation and social security

361,123

628,192

Other creditors

15,057

31,279

1,058,413

1,829,568

6.	PENSION COMMITMENTS

At the year end there was a pension liability of £1,141 (2023 £nil).

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

50,000

Ordinary

£1

50,000

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

The Report of the Auditors was unqualified.

Matthew Barton BA(Hons) FCA CTA (Senior Statutory Auditor)

for and on behalf of S&W Audit

The audit report was dated 22 September 2025.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is NIBE AB, a company incorporated in Sweden.

The ultimate controlling party is NIBE Industrier AB, a company incorporated in Sweden.

Its registered address is Box 14, SE-285 21 Markaryd, Sweden.

The parent undertaking of the largest and smallest group for which consolidated accounts are prepared is NIBE Industrier AB. Consolidated accounts are available from NIBE Industrier AB, Box 14, Jarnvagsgaten 40, 285 21 Markaryd, Sweden or www.nibe.com.