REGISTERED NUMBER: 08196425 (England and Wales)

Atosa Catering Equipment UK Ltd

Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Cheng

SECRETARY:

Ms Y Lin

REGISTERED OFFICE:

Atosa House

280 Wellingborough Road

Wellingborough

Northamptonshire

NN8 4DW

REGISTERED NUMBER:

08196425 (England and Wales)

AUDITORS:

Kilby Fox

Statutory Auditor

4 Pavilion Court

600 Pavilion Drive

Northampton Business Park

Northampton

Northamptonshire

NN4 7SL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

17,688

17,106

17,688

17,106

CURRENT ASSETS

Stocks

2,243,208

976,175

Debtors

6

712,170

716,894

Cash at bank and in hand

523,297

728,300

3,478,675

2,421,369

CREDITORS

Amounts falling due within one year

7

3,024,623

1,865,117

NET CURRENT ASSETS

454,052

556,252

TOTAL ASSETS LESS CURRENT LIABILITIES

471,740

573,358

CAPITAL AND RESERVES

Called up share capital

9

1,273,250

1,273,250

Retained earnings

(801,510

)

(699,892

)

SHAREHOLDERS' FUNDS

471,740

573,358

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 director and authorised for issue on 29 September 2025 and were signed by:

M Cheng - Director

1.	STATUTORY INFORMATION

Atosa Catering Equipment 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are recorded to the nearest £.

Changes in accounting policies

With effect from 1 January 2021 the company changed its accounting policy regarding the depreciation of plant and machinery to bring the company in line with the accounting policy used by its parent and other group companies.

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 three 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 cost

Fixtures and fittings

-

20% on cost

Office equipment

-

33.3% on cost and 20% on cost

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 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.

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.

Going concern

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company is financially supported by its parent company throughout the year and for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

23,520

AMORTISATION

At 1 January 2024

and 31 December 2024

23,520

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant &

machinery

etc

£

COST

At 1 January 2024

56,182

Additions

10,828

Disposals

(2,288

)

At 31 December 2024

64,722

DEPRECIATION

At 1 January 2024

39,076

Charge for year

10,246

Eliminated on disposal

(2,288

)

At 31 December 2024

47,034

NET BOOK VALUE

At 31 December 2024

17,688

At 31 December 2023

17,106

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

491,770

491,779

Other debtors

220,400

225,115

712,170

716,894

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

4,860

57

Trade creditors

32,237

16,892

Amounts owed to group undertakings

2,804,068

1,602,286

Taxation and social security

67,649

87,746

Other creditors

115,809

158,136

3,024,623

1,865,117

8.	LEASING AGREEMENTS

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

2024

2023

£

£

Within one year

158,416

158,416

Between one and five years

274,721

433,137

433,137

591,553

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,273,250

Ordinary

£1

1,273,250

1,273,250

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

The Report of the Auditors was unqualified.

Frances Tebbutt ACA FCCA MAAT (Senior Statutory Auditor)

for and on behalf of Kilby Fox

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption available in FRS102 para 33.1A whereby it has not disclosed transactions with the ultimate parent company or any fellow subsidiary undertakings of the group. Copies of the parent company, Yindu Kitchen Equipment Co. Ltd's group financial statements are available to the public from the head office at No 1 Xingxing Road, Xingqiao District, Yuhang, Hangzhou, People's republic of China.

12.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

13.	ULTIMATE CONTROLLING PARTY

The company is 100% owned and controlled by its parent company, Yindu Kitchen Equipment Co. Ltd, incorporated in the People's Republic of China and listed on the Shanghai Stock Exchange. Copies of the parent company, Yindu Kitchen Equipment Co. Ltd's group financial statements are available to the public from the head office located at No 1 Xingxing Road, Xingqiao District, Yuhang, Hangzhou, People's Republic of China.