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REGISTERED NUMBER: SC459605 (Scotland)

Rema Inc UK Ltd

Financial Statements For The Year Ended 31 December 2024

Rema Inc UK Ltd (Registered number: SC459605)

Contents of the Financial Statements

For The Year Ended 31 December 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Rema Inc UK Ltd

Company Information

For The Year Ended 31 December 2024

| DIRECTORS: | Mr R Feuerstein

| Mrs L Feuerstein Maier

| REGISTERED OFFICE: | 4 North Guildry Street

| Elgin

| Moray

| IV30 1JR

| REGISTERED NUMBER: | SC459605 (Scotland)

| ACCOUNTANTS: | The Long Partnership

| 4 North Guildry Street

| Elgin

| Moray

| IV30 1JR

| BANKERS: | J.P. Morgan

| 25 Bank Street

| Canary Wharf

| London

| E14 5JP

Rema Inc UK Ltd (Registered number: SC459605)

Balance Sheet

31 December 2024

| 31.12.24 |  | 31.12.23

| Notes | $ | $ |

CURRENT ASSETS

Debtors | 4 | 118,758 |  | 115,577 |  |

Cash at bank | 121,814 |  | 134,723 |  |

240,572 |  | 250,300 |  |

CREDITORS

Amounts falling due within one year | 5 | 11,024 |  | 18,260 |  |

NET CURRENT ASSETS | 229,548 |  | 232,040 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 229,548 |  | 232,040 |  |

CAPITAL AND RESERVES

Called up share capital | 6 | 160 |  | 160 |  |

Retained earnings | 7 | 229,388 |  | 231,880 |  |

SHAREHOLDERS' FUNDS | 229,548 |  | 232,040 |  |

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2025 and were signed on its behalf by:

Mr R Feuerstein - Director

Rema Inc UK Ltd (Registered number: SC459605)

Notes to the Financial Statements

For The Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Rema Inc UK Ltd is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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.

| Foreign exchange

| Monetary assets and liabilities denominated in foreign currencies are translated into US dollars at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to the profit and loss account.

3. | EMPLOYEES AND DIRECTORS

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

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

$ | $ |

| Trade debtors | - |  | 38,959 |  |

| Other debtors | 118,758 |  | 76,618 |  |

118,758 |  | 115,577 |  |

Rema Inc UK Ltd (Registered number: SC459605)

Notes to the Financial Statements - continued

For The Year Ended 31 December 2024

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

$ | $ |

| Trade creditors | - |  | 4,929 |  |

| Taxation and social security | 9,715 |  | 9,394 |  |

| Other creditors | 1,309 |  | 3,937 |  |

11,024 |  | 18,260 |  |

6. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.12.24 |  | 31.12.23

| value: | $ | $ |

| 100 | Ordinary | 1.6 | 160 |  | 160 |  |

7. | RESERVES

| Retained

| earnings

$ |

| At 1 January 2024 | 231,880 |  |

| Deficit for the year | (2,492 | ) |

| At 31 December 2024 | 229,388 |  |

8. | RELATED PARTY DISCLOSURES

| Remuneration of key management personnel

| At 31 December 2023 Rema Foods Inc, its parent company owed the company $76,297. During the year the company met expenses on behalf of the parent company totalling $37,190. At 31 December 2024 the parent company owed the company $113,487. This loan is interest free and has no fixed repayment terms.

| The company is ultimately controlled and wholly owned by Rema Foods Inc., a company incorporated in the United States of America. The registered office of the parent company is 140 Sylvan Avenue, Englewood Cliffs, New Jersey 07632, USA.