REGISTERED NUMBER: 08742036 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

JENOLITE (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N M Wildon

A D Morley

S Partridge

N H Wildon

SECRETARY:

REGISTERED OFFICE:

Unit 10 Albone Way

Albone Industrial Estate

Biggleswade

SG18 8BN

REGISTERED NUMBER:

08742036 (England and Wales)

ACCOUNTANTS:

Digital Tax Matters Limited

27 St. Cuthberts Street

Bedford

Bedfordshire

MK40 3JG

FIXED ASSETS

Intangible assets

4

6,488

3,604

Tangible assets

5

195,549

203,307

202,037

206,911

CURRENT ASSETS

Stocks

1,134,753

581,196

Debtors

6

227,109

311,271

Cash at bank

69,722

187,280

1,431,584

1,079,747

CREDITORS

Amounts falling due within one year

7

701,223

506,984

NET CURRENT ASSETS

730,361

572,763

TOTAL ASSETS LESS CURRENT LIABILITIES

932,398

779,674

CREDITORS

Amounts falling due after more than one year

8

(358,662

)

(118,066

)

PROVISIONS FOR LIABILITIES

(38,628

)

(49,178

)

NET ASSETS

535,108

612,430

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

535,088

612,410

535,108

612,430

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 20 June 2025 and were signed on its behalf by:

N M Wildon - Director

1.	STATUTORY INFORMATION

Jenolite (UK) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 10 Albone Way, Albone Industrial Estate, Biggleswade, Bedfordshire, England, SG18 8BN.

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 acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Patents & licences 20% straight line

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of

depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment 20% reducing balance

Computers 33.33% straight line

Motor vehicles 20% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, an assessment is made for impairment.

Any excess of the carrying amount of stocks over their estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

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.

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.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid

investments and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 January 2024

65,913

Additions

4,833

At 31 December 2024

70,746

AMORTISATION

At 1 January 2024

62,309

Amortisation for year

1,949

At 31 December 2024

64,258

NET BOOK VALUE

At 31 December 2024

6,488

At 31 December 2023

3,604

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

72,530

228,687

18,480

319,697

Additions

53,456

-

2,903

56,359

At 31 December 2024

125,986

228,687

21,383

376,056

DEPRECIATION

At 1 January 2024

25,451

81,156

9,783

116,390

Charge for year

20,107

36,883

7,127

64,117

At 31 December 2024

45,558

118,039

16,910

180,507

NET BOOK VALUE

At 31 December 2024

80,428

110,648

4,473

195,549

At 31 December 2023

47,079

147,531

8,697

203,307

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

99,766

95,981

Amounts owed by associates

18,362

44,358

Other debtors

108,981

170,932

227,109

311,271

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

130,306

58,700

Trade creditors

345,219

112,890

Amounts owed to associates

29,697

-

Taxation and social security

95,192

227,688

Other creditors

100,809

107,706

701,223

506,984

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

358,662

118,066