REGISTERED NUMBER: 13459365 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Chropynska UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R Salazar Frutos

REGISTERED OFFICE:

Unit 70

Shrivenham Hundred Business Park

Majors Road, Watchfield

Swindon

Wiltshire

SN6 8TY

REGISTERED NUMBER:

13459365 (England and Wales)

FIXED ASSETS

Intangible assets

4

1,012

1,518

Tangible assets

5

89,883

117,187

90,895

118,705

CURRENT ASSETS

Debtors

6

164,793

508,860

Cash at bank

904,294

167,779

1,069,087

676,639

CREDITORS

Amounts falling due within one year

7

614,982

322,020

NET CURRENT ASSETS

454,105

354,619

TOTAL ASSETS LESS CURRENT LIABILITIES

545,000

473,324

CREDITORS

Amounts falling due after more than one year

8

(428,870

)

(428,870

)

PROVISIONS FOR LIABILITIES

(6,180

)

(7,235

)

NET ASSETS

109,950

37,219

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

109,850

37,119

109,950

37,219

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2025 and were signed by:

R Salazar Frutos - Director

1.	STATUTORY INFORMATION

Chropynska UK Ltd 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.	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.

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.

Income recognition

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

Turnover represents the amounts (excluding value added tax) derived from the project management costs and is recognised in accordance with Work in progress and long-term contracts above. Revenue is recognised over time when the customer simultaneously receives/consumes as the entity performs, for example, Research and Development. The amount of revenue recognised is based on the input method.

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 five years.

Tangible fixed assets

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

Plant and machinery

-

20% on straight line basis

Fixtures and fittings

-

20% on straight line basis

Motor vehicles

-

Straight line over 7 years

Computer equipment

-

Straight line basis over 3-5 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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.

The company operates a defined contribution scheme for the benefit of its employees. The company is a member of the Government Pension NEST. The pension costs charged against profits represent the amount of the contributions payable to the scheme in respect of the accounting year.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 January 2024

and 31 December 2024

2,530

AMORTISATION

At 1 January 2024

1,012

Amortisation for year

506

At 31 December 2024

1,518

NET BOOK VALUE

At 31 December 2024

1,012

At 31 December 2023

1,518

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2024

5,950

-

31,237

Additions

-

1,247

800

At 31 December 2024

5,950

1,247

32,037

DEPRECIATION

At 1 January 2024

2,083

-

11,671

Charge for year

1,190

166

6,648

At 31 December 2024

3,273

166

18,319

NET BOOK VALUE

At 31 December 2024

2,677

1,081

13,718

At 31 December 2023

3,867

-

19,566

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

122,900

30,854

190,941

Additions

-

5,284

7,331

At 31 December 2024

122,900

36,138

198,272

DEPRECIATION

At 1 January 2024

40,758

19,242

73,754

Charge for year

17,557

9,074

34,635

At 31 December 2024

58,315

28,316

108,389

NET BOOK VALUE

At 31 December 2024

64,585

7,822

89,883

At 31 December 2023

82,142

11,612

117,187

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

101,188

482,018

Prepayments

63,605

26,842

164,793

508,860

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

260,032

67,990

Tax

26,887

-

Social security and other taxes

34,762

50,644

VAT

45,610

7,091

Other creditors

6,347

5,834

Accruals and deferred income

241,344

190,461

614,982

322,020

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

428,870

428,870