REGISTERED NUMBER: 07036375 (England and Wales)

KESSELER UK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mrs C A Slater

Mr P S Slater

Mr S W Slater

Mr B A Slater

REGISTERED OFFICE:

81 Burton Road

Derby

Derbyshire

DE1 1TJ

REGISTERED NUMBER:

07036375 (England and Wales)

ACCOUNTANTS:

Johnson Tidsall Limited

Chartered Accountants

81 Burton Road

Derby

Derbyshire

DE1 1TJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

420,969

548,142

420,969

548,142

CURRENT ASSETS

Stocks

297,984

176,773

Debtors

6

532,665

522,577

Cash at bank and in hand

552,210

800,816

1,382,859

1,500,166

CREDITORS

Amounts falling due within one year

7

1,341,836

1,378,147

NET CURRENT ASSETS

41,023

122,019

TOTAL ASSETS LESS CURRENT LIABILITIES

461,992

670,161

CREDITORS

Amounts falling due after more than one year

8

(37,567

)

(60,549

)

PROVISIONS FOR LIABILITIES

(91,863

)

(96,495

)

NET ASSETS

332,562

513,117

CAPITAL AND RESERVES

Called up share capital

10

200

200

Retained earnings

332,362

512,917

SHAREHOLDERS' FUNDS

332,562

513,117

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mr S W Slater - Director

1.	STATUTORY INFORMATION

Kesseler 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.

The financial statements have been prepared on the going concern basis on the assumption that the support of the company's directors will continue to be available for the foreseeable future. The financial statements do not include any adjustments that would result from the withdrawal of this support.

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 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.

Short leasehold

-

10% on cost

Plant and machinery

-

10% on cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are stated at cost or deemed cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2023 - 44 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

110,215

AMORTISATION

At 1 January 2024

and 31 December 2024

110,215

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2024

123,636

1,550,554

20,496

Additions

-

1,470

-

At 31 December 2024

123,636

1,552,024

20,496

DEPRECIATION

At 1 January 2024

49,591

1,094,504

15,978

Charge for year

11,523

110,063

1,133

At 31 December 2024

61,114

1,204,567

17,111

NET BOOK VALUE

At 31 December 2024

62,522

347,457

3,385

At 31 December 2023

74,045

456,050

4,518

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

18,950

65,185

1,778,821

Additions

-

2,884

4,354

At 31 December 2024

18,950

68,069

1,783,175

DEPRECIATION

At 1 January 2024

13,166

57,440

1,230,679

Charge for year

1,446

7,362

131,527

At 31 December 2024

14,612

64,802

1,362,206

NET BOOK VALUE

At 31 December 2024

4,338

3,267

420,969

At 31 December 2023

5,784

7,745

548,142

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

370,047

394,013

Other debtors

105,590

105,670

Prepayments and accrued income

57,028

22,894

532,665

522,577

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

22,983

28,537

Payments on account

76,624

73,195

Trade creditors

332,416

367,262

Social security and other taxes

31,095

44,010

VAT

105,004

109,677

Other creditors

184,087

232,946

Amount owed to related parties

75,568

22,991

Directors' current accounts

489,624

483,680

Accruals and deferred income

24,435

15,849

1,341,836

1,378,147

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

37,567

60,549

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Hire purchase contracts

60,550

89,086

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

200

Ordinary

£1

200

200

11.	RELATED PARTY DISCLOSURES

As at 31 December 2024 the directors were owed £489,624 (2023: £483,680) by the company.