REGISTERED NUMBER: 05039636 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Oertli Tooling UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Briggs

A Ball

J Gabrielli

SECRETARY:

A Briggs

REGISTERED OFFICE:

7 Warren Park Way

Enderby

Leicester

LE19 4SA

REGISTERED NUMBER:

05039636 (England and Wales)

AUDITORS:

Bates Weston Audit Ltd

Statutory Auditors

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

721

1,081

CURRENT ASSETS

Stocks

18,622

20,901

Debtors

5

564,955

376,640

Cash at bank

77,382

314,927

660,959

712,468

CREDITORS

Amounts falling due within one year

6

210,336

347,655

NET CURRENT ASSETS

450,623

364,813

TOTAL ASSETS LESS CURRENT LIABILITIES

451,344

365,894

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Retained earnings

446,344

360,894

SHAREHOLDERS' FUNDS

451,344

365,894

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

J Gabrielli - Director

1.	STATUTORY INFORMATION

Oertli Tooling 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.	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 represents net invoiced sales of goods, excluding value added tax and is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the company will receive the previously agreed amounts upon payment. These criteria are considered to be met when the goods are delivered to the buyer.

Tangible fixed assets

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment loss. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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

Fixtures and fittings

- 10% on cost

Computer Equipment

- 25% on cost

The assets' residual values, useful lives and the depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised within 'administrative expenses' in the profit and loss account.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for slow moving and obsolete items. Cost is based on the purchase invoice value.

Taxation

Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the balance sheet date.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as an expense when they fall due. Amounts not paid are shown in accruals on the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Related parties

The company is a wholly owned subsidiary undertaking of Oertli Werkzeuge AG. The company has taken advantage of the exemption contained within the Financial Reporting Standard 102 and has therefore not disclosed transactions with entities which form part of the group, other than as normally disclosed in the notes to the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

371

41,638

42,009

DEPRECIATION

At 1 January 2024

371

40,557

40,928

Charge for year

-

360

360

At 31 December 2024

371

40,917

41,288

NET BOOK VALUE

At 31 December 2024

-

721

721

At 31 December 2023

-

1,081

1,081

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

255,972

329,184

Amounts owed by group

306,739

22,125

Other debtors

1,200

1,200

Prepayments and accrued income

1,044

24,131

564,955

376,640

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

34,632

29,088

Tax

28,718

96,796

Social security and other taxes

95,254

139,433

Accruals and deferred income

51,732

82,338

210,336

347,655

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

14,973

19,781

Between one and five years

272

12,508

15,245

32,289

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

The Report of the Auditors was unqualified.

Wayne Thomas FCA (Senior Statutory Auditor)

for and on behalf of Bates Weston Audit Ltd

9.	PARENT COMPANY

The company's ultimate parent undertaking is Oertli Werkzeuge AG, incorporated in Switzerland, which is controlled by the Oertli family acting in concert.

Copies of the consolidated financial statements may be attained from Hofstrasse 1, CH-8181 Hori bei Bulach, Switzerland.