REGISTERED NUMBER: 14195310 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Dhollandia UK Production Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms N Dhollander

Mr C M Lay

REGISTERED OFFICE:

Dhollandia UK Limited

Latham Road

Huntingdon

Cambridgeshire

PE29 6YG

REGISTERED NUMBER:

14195310 (England and Wales)

AUDITORS:

George Hay Partnership LLP

Chartered Accountants

and Statutory Auditor

St George's House

George Street

Huntingdon

Cambridgeshire

PE29 3GH

FIXED ASSETS

Tangible assets

3

435,392

427,189

CURRENT ASSETS

Debtors

4

161,843

-

Cash at bank

314,615

228,969

476,458

228,969

CREDITORS

Amounts falling due within one year

5

143,497

168,462

NET CURRENT ASSETS

332,961

60,507

TOTAL ASSETS LESS CURRENT LIABILITIES

768,353

487,696

PROVISIONS FOR LIABILITIES

97,958

-

NET ASSETS

670,395

487,696

CAPITAL AND RESERVES

Called up share capital

100

100

Capital contribution

99,900

99,900

Retained earnings

570,395

387,696

670,395

487,696

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 3 June 2025 and were signed on its behalf by:

Ms N Dhollander - Director

1.	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.

Turnover

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

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from the assembly of tail lifts is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the shipping of the tail lift to the relevant customers.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

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 etc

-

20% on reducing balance and 4% on cost

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

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.

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.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

527,059

Additions

85,921

At 31 December 2024

612,980

DEPRECIATION

At 1 January 2024

99,870

Charge for year

77,718

At 31 December 2024

177,588

NET BOOK VALUE

At 31 December 2024

435,392

At 31 December 2023

427,189

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

161,843

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

11,158

271

Amounts owed to group undertakings

-

123,885

Taxation and social security

123,589

36,306

Other creditors

8,750

8,000

143,497

168,462

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

The Report of the Auditors was unqualified.

Emma Wilsher FCA (Senior Statutory Auditor)

for and on behalf of George Hay Partnership LLP

7.	ULTIMATE CONTROLLING PARTY

The company is a wholly-owned subsidiary of Hydrotec Engineering Limited.

The parent undertaking of the largest and smallest group for which consolidated financial statements are prepared, is Hydrotec Engineering Limited, which is incorporated in Ireland and for which financial statements are available from Old Waterford Rd, Laganore, Clonmel, Co. Tipperary, Ireland.

The ultimate controlling party is Hyd Fin International which is incorporated in Luxembourg.