REGISTERED NUMBER: 07103221 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Screening Eagle UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss S K Underwood

Mr R W Fanconi

K Oba

J Driscoll

REGISTERED OFFICE:

Bedford ilab

Business Priory Park

Stannard Way

Bedford

Bedfordshire

MK44 3RZ

REGISTERED NUMBER:

07103221 (England and Wales)

AUDITORS:

GH Audit Limited

Brigham House

93 High Street

Biggleswade

Bedfordshire

SG18 0LD

FIXED ASSETS

Tangible assets

5

45,221

76,085

CURRENT ASSETS

Debtors

6

84,156

121,982

Cash at bank and in hand

54,919

43,267

139,075

165,249

CREDITORS

Amounts falling due within one year

7

106,669

229,174

NET CURRENT ASSETS/(LIABILITIES)

32,406

(63,925

)

TOTAL ASSETS LESS CURRENT LIABILITIES

77,627

12,160

PROVISIONS FOR LIABILITIES

11,305

-

NET ASSETS

66,322

12,160

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

66,222

12,060

SHAREHOLDERS' FUNDS

66,322

12,160

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 16 September 2025 and were signed on its behalf by:

J Driscoll - Director

Miss S K Underwood - Director

1.	STATUTORY INFORMATION

Screening Eagle 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.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis. Continued support has been offered by the parent company, Proceq SA, to ensure that the company can meet all it commitments.

Turnover

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

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from Management charges are recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to cost incurred.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed 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:

Plant and machinery - 20% on cost and 33% on cost

Demonstration Stock - 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.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 12 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

334,724

Additions

21,884

Disposals

(20,024

)

At 31 December 2024

336,584

DEPRECIATION

At 1 January 2024

258,639

Charge for year

43,495

Eliminated on disposal

(10,771

)

At 31 December 2024

291,363

NET BOOK VALUE

At 31 December 2024

45,221

At 31 December 2023

76,085

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

59,300

-

Other debtors

24,856

121,982

84,156

121,982

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

8,368

5,070

Amounts owed to group undertakings

-

89,944

Taxation and social security

29,857

37,341

Other creditors

68,444

96,819

106,669

229,174

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

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

The Report of the Auditors was unqualified.

Colin Airey FCCA (Senior Statutory Auditor)

for and on behalf of GH Audit Limited

10.	OTHER FINANCIAL COMMITMENTS

At the Balance sheet date the company had operating lease commitments of £NIL ( £5,219 2023)

11.	CONTROLLING PARTY

The controlling party is Proceq SA.

The ultimate controlling party is Screening Eagle Technologies AG.

The company is a 100% subsidiary of Proceq SA.Ringstrasse 2, 8603, Schwerzenbach, Switzerland . Both Screening Eagle Technologies AG and Proceq SA are incorporated in Switzerland.