ACCOUNTS - Final Accounts

Creditors: Amounts falling due within one year

31 December 2023

Restated
Unaudited
31 May
2023

Registered number: 14090865

EXPORTO ENGLAND LTD

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

EXPORTO ENGLAND LTD

COMPANY INFORMATION

Director	J Komp


Registered number	14090865


Registered office	10 Stafford Place
	Moulton Park Industrial Estate
	Tenter Road
	Northampton
	NN3 6NN


Independent auditors	Ecovis Wingrave Yeats LLP
	Chartered Accountants & Statutory Auditor
	3rd Floor, Waverley House
	7-12 Noel Street
	London
	W1F 8GQ

EXPORTO ENGLAND LTD

CONTENTS

	Page
Balance Sheet	1
Notes to the Financial Statements	2 - 6

EXPORTO ENGLAND LTD

REGISTERED NUMBER: 14090865

BALANCE SHEET

AS AT 31 DECEMBER 2023

	31 December	Unaudited 31 May
	2023	2023
Note	£	£


Current assets
Debtors	5	88,713		43,854
Cash at bank and in hand		43,074		8,896
		131,787		52,750
Creditors: amounts falling due within one year	6	(122,669)		(91,815)

Net assets/(liabilities)			9,118		(39,065)

Capital and reserves
Called up share capital	1,000	1,000
Profit and loss account	8,118	(40,065)
	9,118	(39,065)

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 October 2025.

J Komp

Director

The notes on pages 2 to 6 form part of these financial statements.

Page 1

EXPORTO ENGLAND LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

1.	General information

Exporto England Ltd is a private company, limited by shares, incorporated in England and Wales, registration number 14090865. The registered office is 10 Stafford Place, Moulton Park Industrial Estate Tenter Road, Northampton, England, NN3 6NN. The period is to 31 December 2023. The prior period runs from the date of incorporation, 6 May 2022, to 31 May 2023.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The company meets its day to day working capital requirements through the continuing support of its parent company, Exporto GmbH, which has provided a letter of support indicating continuing support for the company.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Revenue is intercompany recharges made up of all costs of sale, recharged at cost with no mark up, and other fixed fees for representation in the UK.

Page 2

EXPORTO ENGLAND LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

2.4

Pensions

Defined contribution pension plan

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 payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.6

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

EXPORTO ENGLAND LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	Judgements in applying accounting policies and key sources of estimation uncertainty

Management have not applied any significant judgements or estimates in the preparation of the financial statements.

Employees

The average monthly number of employees, including the Director, during the period was as follows:

	2023	Unaudited 2023
	No.	No.

Average number of employees	3	3

Debtors


					31 December 2023	Unaudited 31 May 2023
					£	£


Other debtors	84,370	42,854
Called up share capital not paid	1,000	1,000
Prepayments and accrued income	3,343	-
	88,713	43,854

On 4 May 2023, the company entered into a deposit agreement with Lloyds Bank plc in connection with a transit guarantee facility required by HMRC. Under the terms of the agreement, a fixed charge has been granted over a designated deposit account held with Lloyds Bank. The charge secures the company’s obligations under the transit guarantee and restricts the company’s ability to withdraw or otherwise deal with the funds in the account without the bank’s consent.

Page 4

EXPORTO ENGLAND LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

Trade creditors	23,097	14
Amounts owed to group undertakings	71,731	87,301
Corporation tax	1,977	-
Other taxation and social security	3,234	-
Other creditors	130	-
Accruals and deferred income	22,500	4,500
	122,669	91,815

Amounts owed to group undertakings are unsecured, interest free and repayable on demand.

7.	Prior year adjustment

Trade creditors totalling £30,582 have been reclassified from trade creditors to amounts owed to group undertakings in the prior period.
There has been no impact on the profit and loss from the above restatement.

8.	Pension commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Pension contributions during the year amounted to £702 (May 2023 - £804). At the balance sheet date, no amounts were payable to the fund (May 2023 - £Nil).

Page 5

EXPORTO ENGLAND LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2023

Not later than 1 year	14,500	14,500
Later than 1 year and not later than 5 years	22,296	30,754
	36,796	45,254

Allotted, called up and fully paid

1,000 (2023 - 1,000) Ordinary shares of £1.00 each	1,000	1,000

11.	Related party transactions
	Exporto England Ltd have taken the exemption available under FRS 102, Section 33 Related Party Disclosures paragraph 33.1A, whereby the Company is not required to disclose transactions with other companies that are wholly owned within the group.

12.	Controlling party

The immediate and ultimate parent undertaking and controlling party is Exporto GmbH who are the parent of the smallest group who prepare group financial statements. The registered office is Bücklestraße 5, 78467 Konstanz, Germany.

13.	Auditors' information

The auditors' report on the financial statements for the period ended 31 December 2023 was unqualified.

The audit report was signed on 1 October 2025 by Sally Casson (Senior Statutory Auditor) on behalf of Ecovis Wingrave Yeats LLP.

Page 6