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Registered number: 02700455 POINTING HOLDINGS LIMITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
POINTING HOLDINGS LIMITED REGISTERED NUMBER: 02700455 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Investments | 5 |  | - |  | -
|  |  | - |  | -
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 9,105,652 |  | 8,761,506 |
Cash at bank and in hand | 7 | 8,951 |  | 11,976 |
|  | 9,114,603 |  | 8,773,482 |
Creditors: amounts falling due within one year | 8 | (10,448,102) |  | (19,263,045) |
Net current liabilities |  |  | (1,333,499) |  | (10,489,563)
Total assets less current liabilities |  |  | (1,333,499) |  | (10,489,563)
Creditors: amounts falling due after more than one year | 9 |  | (10,190,427) |  | -
Net liabilities |  |  | (11,523,926) |  | (10,489,563)
Capital and reserves |  |  |  |  |
Called up share capital | 12 |  | 1,838,517 |  | 1,838,517
Profit and loss account |  |  | (13,362,443) |  | (12,328,080)
|  |  | (11,523,926) |  | (10,489,563)
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 income and retained earnings 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 14 November 2025.
L M Magin
Director
The notes on pages 3 to 9 form part of these financial statements. Page 1
POINTING HOLDINGS LIMITED REGISTERED NUMBER: 02700455 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024 Page 2
POINTING HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
Pointing Holdings Limited is a private company limited by shares, registered in England and Wales, company number 02700455. Its registered office is Oldmedow Road, King's Lynn, Norfolk PE30 4LA. 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 financial statements are presented in pounds Sterling and rounded to the nearest pound. The following principal accounting policies have been applied:
| 2.2 | Going concern
At the year end, the company has net liabilities of £11,874,292 and is supported by its ultimate parent company, Sensient Technologies Corporation. The company has received a parental support letter from its parent company which enables the financial statements to be prepared by the directors on a going concern basis.
| 2.3 | Exemption from preparing consolidated financial statements
The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.
| 2.4 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
| 2.5 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.6 | 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.
| 2.7 | 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. Page 3
POINTING HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.8 | 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.
| 2.9 | 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.
| 2.10 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.11 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. 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.
| 2.12 | Exceptional items
Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2023 - 2).
Page 4
POINTING HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 January 2024 | 1,151,753
| At 31 December 2024 | 1,151,753
| Amortisation |
| At 1 January 2024 | 1,151,753
| At 31 December 2024 | 1,151,753
| Net book value |
| At 31 December 2024 | -
| At 31 December 2023 | -
Page 5
POINTING HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 January 2024 | 25,000
| At 31 December 2024 | 25,000
| Impairment |
| At 1 January 2024 | 25,000
| At 31 December 2024 | 25,000
| Net book value |
| At 31 December 2024 | -
| At 31 December 2023 | -
6. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 8,757,776 | 8,759,150
| Other debtors | 342,749 | 2,082
| Prepayments and accrued income | 274 | 274
| Deferred taxation | 4,853 | -
|  | 9,105,652 | 8,761,506
Page 6
POINTING HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
7. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 8,951 | 11,976
|  | 8,951 | 11,976
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Other loans | - | 10,018,248
| Trade creditors | 1,440 | 2,081
| Amounts owed to group undertakings | 10,410,722 | 9,207,536
| Accruals and deferred income | 35,940 | 35,180
|  | 10,448,102 | 19,263,045
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Other loans | 10,190,427 | -
|  | 10,190,427 | -
Page 7
POINTING HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
10. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Other loans | - | 10,018,248
|  | - | 10,018,248
| Amounts falling due after more than 5 years |  |
| Other loans | 10,190,427 | -
|  | 10,190,427 | -
|  | 10,190,427 | 10,018,248
| After the year end, the loan repayment date was renegotiated so that this loan will now fall due after five years.
11. | Deferred taxation
|  | 2024
|  | £
| Charged to profit or loss | 4,853
| At end of year | 4,853
| The deferred tax asset is made up as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Tax losses carried forward | 4,853 | -
|  | 4,853 | -
| The company has an unprovided deferred tax asset at 25% of £1,262,423 (2023 at 25% : £1,262,423) in respect of unprovided capital and trading losses.
Page 8
POINTING HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
12. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1,838,517 (2023 - 1,838,517) Ordinary shares of £1.00 each | 1,838,517 | 1,838,517
13. | Related party transactions
| The company holds 100% of the share capital of Pointing International Limited which itself owns two further subsidiaries.. The exemption granted by FRS 102 not to disclose transactions with other wholly owned group companies has been used in preparing these accounts.
14. | Controlling party
In the opinion of the directors, the company's ultimate parent company and ultimate controlling party is Sensient Technologies Corporation, a company incorporated in the United States of America at 777 East Wisconsin Avenue, Milwaukee, WI 53292-5304, USA. This is the parent undertaking of the smallest and largest group for which group accounts are prepared. Copies of the group financial statements of Sensient Technologies Corporation are filed at the Securities and Exchange Commission, Washington DC. Throughout the year, the company's immediate parent is Sensient Holdings UK, a company registered in England and Wales, which holds 100% of the share capital of the company.
15. | Auditors' information
The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified. The audit report was signed on 19 November 2025 by Detlev Anderson (Senior Statutory Auditor) on behalf of Kinnair Associates Limited.
Page 9