Registered number: 00328747
FOR THE YEAR ENDED 31 DECEMBER 2024
HICKSON LIMITED
COMPANY INFORMATION
HICKSON LIMITED
CONTENTS
HICKSON LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The company's principal activity was that of a manufacturer and seller of timber protection chemicals. The company ceased trading on 1 July 2024.
Arch Timber Protection Limited operated as agent for Hickson Limited in its business of manufacturing and selling timber protection chemicals prior to cessation of trade.
The company transacts in a number of major currencies, and management frequently examine exposure and take the appropriate measures to avoid unnecessary risks from exchange rate fluctuations.
On 1 July 2024 the company sold its trade and assets to Arch Timber Protection Limited. As a result of this, the risks described above have also been transferred to Arch Timber Protection Limited and have no impact from the date of sale.
On 1 July 2024 the company sold its trade and assets to Arch Timber Protection Limited. As a result of this, the risks described above have also been transferred to Arch Timber Protection Limited and have no impact from the date of sale.
Total sales cover the 6 months up to the cessation of trade.
Our ‘Right First Time’ achievement (i.e. where the goods meet the customer’s specifications and do not need to be returned or changed after delivery) was 99.3% in 2023 and 99.6% in the six months to 1 July 2024.
At our primary manufacturing location output was c14,471 tonnes (for six months trading) compared to c24,518 tonnes in 2023.
Our ‘Right First Time’ achievement (i.e. where the goods meet the customer’s specifications and do not need to be returned or changed after delivery) was 99.3% in 2023 and 99.6% in the six months to 1 July 2024.
At our primary manufacturing location output was c14,471 tonnes (for six months trading) compared to c24,518 tonnes in 2023.
On 1 July 2024 the company sold its trade and assets to Arch Timber Protection Limited. As a result of this, the company is no longer a going concern and the directors have taken the decision to discontinue any activity in the company. On 1 July 2024 all business activities previously undertaken by the company were transferred Arch Timber Protection Limited.
Arch Timber Protection Limited continues to support the future development and trade of the business previously undertaken by the company, with similar levels of resource and financial support provided by Arch Timber Protection Limited.
Arch Timber Protection Limited continues to support the future development and trade of the business previously undertaken by the company, with similar levels of resource and financial support provided by Arch Timber Protection Limited.
The Directors' assessment of the company's going concern status is set out in the note 2.3 to the financial statements.
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HICKSON LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The company monitors a number of key ratios in this area, with the primary one being the number of lost-time accidents affecting employees and contractors. During the six months to the cessation of trade there were no lost time accidents at our Huddersfield manufacturing facility.
As a board, we have always taken decisions for the long-term and collectively and individually our aim is always to uphold the highest standard of conduct and act fairly. Similarly, we understand that our business can only grow and prosper over the long-term if we understand and respect the views and needs of our customers, colleagues and the communities in which we operate, as well as our suppliers, the environment and the shareholders to whom we are accountable.
We ensure that the requirements of section 172 Companies Act 2006 are met and the interests of our stakeholder groups are considered through a combination of the following:
We ensure that the requirements of section 172 Companies Act 2006 are met and the interests of our stakeholder groups are considered through a combination of the following:
∙An employee engagement survey is completed periodically.
∙The board want to ensure that customers get the best of the products and services offered, and guarantee continual improvement and stability of supply. This means having a robust supply chain, operational capacity and efficiency, committed project managers, and compliance with strict quality and regulatory standards.
∙The Supplier Code of Conduct governs how the board evaluate and set high standards for suppliers.
∙Employees are required to take Code of Conduct training every year which includes an integrity pledge certificate. Additionally, employees have to pass tests in online training courses on anti-bribery, competition law, insider trading and conflicts of interest. All employees explicitly consent to uphold the values expressed in the Code of Conduct.
∙We have made progress towards improving our impact on the environment, as discussed in the Streamlined Energy and Carbon Reporting (SECR) disclosure on page 4.
This report was approved by the board and signed on its behalf.
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HICKSON LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The directors present their report and the financial statements for the year ended 31 December 2024.
The loss for the year, after taxation, amounted to £31,191 thousand (2023 - profit £7,735 thousand).
No dividends were payable in either financial year.
The directors who served during the year were:
P Kitchen (resgined 8 February 2024)
A Kelly (resigned 8 February 2024)
A Kelly (resigned 8 February 2024)
During the year the company had in force an indemnity provision in favour of one or more directors of the company against liability in respect of proceedings brought by third parties, subject to the conditions set out in the Companies Act 2006.
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HICKSON LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Reporting Methodology and Quantification
Hickson Limited's approach to reporting is based on WBCSD/WRI Greenhouse Gas Protocol: a corporate accounting standard revised edition in conjunction with UK Government environmental reporting guidelines including SECR guidance. An operational control approach has been taken. UK Government greenhouse-gas conversion factors for company reporting 2024 (2023 for the comparative period) have been employed. Scope 2 emissions from purchased electricity have been calculated primarily using the location-based approach.
Energy Efficiency Actions
Hickson Limited is working towards using more efficient LED lighting and upgrading motor control centres to improve their overall energy efficiency.
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HICKSON LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
There have been no significant events affecting the Company since the year end.
The auditor, Rödl & Partner Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board and signed on its behalf.
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HICKSON LIMITED
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024
The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 101 ‘Reduced Disclosure Framework’. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies and then apply them consistently;
∙make judgements and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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HICKSON LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HICKSON LIMITED
We have audited the financial statements of Hickson Limited (“the company”) for the year ended 31 December 2024, which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 101 'Reduced Disclosure Framework'.
In our opinion the financial statements:
∙give a true and fair view of the state of the company’s affairs as at 31 December 2023 and of its profit for
the year then ended;
the year then ended;
∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice; and
Practice; and
∙have been prepared in accordance with the requirements of the Companies Act 2006.
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HICKSON LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HICKSON LIMITED (CONTINUED)
In our opinion, based on the work undertaken in the course of the audit, the information given in the Strategic Report and the Directors' Report for the financial year for which the financial statements are prepared is consistent with those financial statements and such reports have been prepared in accordance with applicable legal requirements.
As explained more fully in the Statement of Directors' Responsibilities set out on page 6, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
with applicable laws and regulations;
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HICKSON LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HICKSON LIMITED (CONTINUED)
Use of our report
This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
170 Edmund Street
B3 2HB
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HICKSON LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2024
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HICKSON LIMITED
REGISTERED NUMBER: 00328747
BALANCE SHEET
AS AT 31 DECEMBER 2024
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 17 November 2025 .
The notes on pages 13 to 29 form part of these financial statements.
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HICKSON LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Hickson Limited (the "company") is a private company limited by shares, incorporated and domiciled in England. The registered office address is at Hexagon Tower Crumpsall Vale, Blackley, Manchester, United Kingdom, M9 8GQ.
The company's principal activity and nature of its operations are disclosed in the strategic report.
The company's principal activity and nature of its operations are disclosed in the strategic report.
2.Accounting policies
The preparation of financial statements in compliance with FRS 101 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).
The following principal accounting policies have been applied:
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
The Company has taken advantage of the following disclosure exemptions under FRS 101:
∙comparative period reconciliations for share capital;
∙a Cash Flow Statement and related notes;
∙disclosures in respect of transactions with wholly owned subsidiaries;
∙disclosures in respect of capital management;
∙the effects of new but not yet effective IFRSs; and
∙disclosures in respect of the compensation of Key Management Personnel.
This information is included in the consolidated financial statements of Herens Midco S.à.r.l. as at 31 December 2024 and these financial statements may be obtained from 4, rue Albert Borschette, Luxembourg, L-1246, Luxembourg.
As the consolidated financial statements of Herens Midco S.à.r.l. (see note 26) include the equivalent disclosures, the company has also taken the exemptions under FRS 101 available in respect of the
following disclosures:
following disclosures:
∙IFRS 2 Share Based Payments in respect of group settled share based payments;
∙Certain disclosures required by IAS 36 Impairment of assets in respect of the impairment of goodwill and indefinite life intangible assets;
∙Disclosures required by IFRS 5 Non-current Assets Held for Sale and Discontinued Operations in respect of the cash flows of discontinued operations;
∙Certain disclosures required by IFRS 3 Business Combinations in respect of business combinations undertaken by the company in the current and prior periods including the comparative period reconciliation for goodwill;
∙Certain disclosures required by IFRS 13 Fair Value Measurement and the disclosures required by IFRS 7 Financial Instrument Disclosures;
∙The disclosures required by IFRS 7 and IFRS 13 regarding financial instrument disclosures have not been provided apart from those which are relevant for the financial instruments which are held at fair value and are not either held as part of trading portfolio or derivatives.
The company has taken advantage of the exemption under Section 401 of the Companies Act 2006 not to prepare consolidated financial statements. The financial statements present information about the company as an individual entity and not about its group
On 1 July 2024 the company sold its trade and assets to Arch Timber Protection Limited. The terms of the agreement include the acquisition of the company’s business assets and certain liabilities documented in a formal intra-group business purchase agreement. As a result, the company is no longer considered a going concern for the purposes of these financial statements. The financial statements have therefore not been prepared on a going concern basis.
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
Functional and presentation currency
Transactions and balances
supplied plus royalties after deducting commissions, excluding value added tax (see note 4). Revenue is recognised when the significant risks and rewards of ownership have been transferred to the buyer.
Interest income and interest payable is recognised in profit or loss as it accrues, using the effective interest method. Dividend income is recognised in the profit and loss account on the date the entity's right to receive payments is established. Foreign currency gains and losses are reported on a net basis.
See 2.15 Leases for the recognition policy on lease-related costs
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
.
Defined benefit plans
The company's employees are members of a group wide defined benefit pension plan which includes other group companies.
Short-term benefits
Short-term employee benefit obligations are measured on an undiscounted basis and are expensed as the related service is provided. A liability is recognised for the amount expected to be paid under short term cash bonus or profit-sharing plans if the company has a present legal or constructive obligation to pay this amount as a result of past service provided by the employee and the obligation can be estimated reliably.
Termination benefits
Expenditure on research activities is recognised in the profit and loss account as an expense as incurred.
Expenditure on development activities is capitalised if the product or process is technically and commercially feasible and the company intends and has the technical ability and sufficient resources to complete development, future economic benefits are probable and if the company can measure reliably the expenditure attributable to the intangible asset during its development. Development activities involve a plan or design for the production of new of substantially improved products or processes. The expenditure capitalised includes the cost of materials, direct labour and an appropriate proportion of overheads and capitalised borrowings costs. Other development expenditure is recognised in the profit and loss account as an expense as incurred. Capitalised development expenditure is recognised in the profit and loss account as an expense as incurred. Capitalised development expenditure is stated at cost less accumulated amortisation and less accumulated impairment losses
Expenditure on development activities is capitalised if the product or process is technically and commercially feasible and the company intends and has the technical ability and sufficient resources to complete development, future economic benefits are probable and if the company can measure reliably the expenditure attributable to the intangible asset during its development. Development activities involve a plan or design for the production of new of substantially improved products or processes. The expenditure capitalised includes the cost of materials, direct labour and an appropriate proportion of overheads and capitalised borrowings costs. Other development expenditure is recognised in the profit and loss account as an expense as incurred. Capitalised development expenditure is recognised in the profit and loss account as an expense as incurred. Capitalised development expenditure is stated at cost less accumulated amortisation and less accumulated impairment losses
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the balance sheet date, and any adjustment to tax payable in respect of previous years.
A deferred tax asset is recognised only to the extent that it is probable that future taxable profits will be available against which the temporary difference can be utilised.
Where parts of an item of tangible fixed assets have different useful lives, they are accounted for as separate items of tangible fixed assets, see 2.10 below.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, of each part of an item of tangible fixed assets. Land is not depreciated
The estimated useful lives are as follows:
Depreciation methods, useful lives and residual values are reviewed at each balance sheet date.
On adoption of IFRS 16, assets for which the company has a right of use are held on the balance sheet, and are depreciated over the life of the lease term on a straight-line basis.
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
Non-derivative financial instruments comprise trade and other debtors, trade and other creditors, cash and cash equivalents and interest-bearing borrowings.
Trade and other debtors
Trade and other debtors are recognised initially at fair value. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses.
Trade and other creditors
Trade and other creditors are recognised initially at fair value. Subsequent to initial recognition they are measured at amortised cost using the effective interest method.
Investments in subsidiaries are carried at cost less impairment.
Cash and cash equivalents
Cash and cash equivalents comprise cash balances and call deposits. Bank overdrafts that are repayable on demand and form an integral part of the company's cash management are included as a component of cash and cash equivalents for the purpose only of the cash flow statement.
Interest-bearing borrowings
Interest-bearing borrowings are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, interest-bearing borrowings are stated at amortised cost using the effective interest method, less any impairment losses.
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
A financial asset not carried at fair value through profit or loss is assessed at each reporting date to determine whether there is objective evidence that it is impaired. A financial asset is impaired if objective evidence indicates that a loss event has occurred after the initial recognition of the asset, and that the loss event had a negative effect on the estimated future cash flows of that asset that can be estimated reliably.
An impairment loss in respect of a financial asset measured at mortised cost is calculated as the difference between is carrying amount and the present value of the estimated future cash flows discounted at the asset's original effective interest rate. For financial instruments measured at cost less impairment is calculated as the difference between its carrying amount and the best estimate of the amount that the company would receive for the asset if it were to be sold at the reporting date. Interest on the impaired asset continues to be recognised through the unwinding of the discount. When a subsequent event causes the amount of impairment loss to decrease, the decrease in impairment loss is reversed through profit or loss.
Non-financial assets
The carrying amounts of the company's non-financial assets, other than stocks and deferred tax assets, are reviewed at each reporting date to determine whether there is any indication of impairment. If any such indication exists, then the asset's recoverable amount is estimated.
The recoverable amount of an asset or cash-generating unit is the greater of its value in use and its fair value less costs to sell. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. For the purpose of impairment testing, assets that cannot be tested individually are grouped together into the smallest group of assets that generates cash inflows from continuing use that are largely independent of the cash inflows of other assets or groups of assets (the "cash-generating unit").
In respect of other assets, impairment losses recognised in prior periods are assessed at each reporting date for any indications that the loss has decreased or no longer exists. An impairment loss is reversed if there has been a change in the estimates used to determine the recoverable amount. An impairment loss is reversed only to the extent that the asset's carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortisation, if no impairment loss had been recognised.
Capital based government grants are included within accruals and deferred income in the balance sheet and credited to the profit or loss account over the estimated useful economic lives of the assets to which they relate.
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
At the inception of a contract, the company assesses whether a contract is, or contains, a lease. A contract is, or contains a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration.
The company recognises a right-of-use asset and a lease liability at the lease commencement date. The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred, less any lease incentives received.
The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the end of the lease term. Unless the lease transfers ownership of the underlying asset to the company by the end of the lease term or the cost of the right-of-use asset reflects that the company will exercise a purchase option. In that case the right-of-use asset will bedepreciated over the useful life of the underlying asset, which is determined on the same basis as those of property and equipment. In addition, the right-of-use asset is periodically reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease liability.
The lease liability is initially measured at the present value of the lease payments that are not paid atthe commencement date, discounted using the company's incremental borrowings rate.
The company recognises a right-of-use asset and a lease liability at the lease commencement date. The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred, less any lease incentives received.
The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the end of the lease term. Unless the lease transfers ownership of the underlying asset to the company by the end of the lease term or the cost of the right-of-use asset reflects that the company will exercise a purchase option. In that case the right-of-use asset will bedepreciated over the useful life of the underlying asset, which is determined on the same basis as those of property and equipment. In addition, the right-of-use asset is periodically reduced by impairment losses, if any, and adjusted for certain remeasurements of the lease liability.
The lease liability is initially measured at the present value of the lease payments that are not paid atthe commencement date, discounted using the company's incremental borrowings rate.
Lease payments included in the measurement of the lease liability comprise the following:
∙fixed lease payments including in-substance fixed payments;
∙variable lease payments that depend on an index or rate, initially measured using the index or rate as at the commencement date;
∙the amount expected to be payable by the lessee under residual value guarantees; and
∙penalties for early terminating of a lease unless the company is reasonably certain not to terminate early.
The lease liability is measured at amortised cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate, there is a change in the company's estimate of the amount expected to be payable under a residual value guarantee, if the company changes its assessment of whether it will exercise a purchase, extension or termination option or if there is a revised in-substance fixed lease payment.
When the lease liability is remeasured in this way, a corresponding adjustment is made to the carrying amount of the right-of-use asset, to the extent that the right-of-use asset is reduced to nil, with any further adjustment required from the remeasurement being recorded in profit or loss.
The company has elected not to recognise right-of-use assets and lease liabilities for lease of low-value assets and short-term leases. The company recognises the lease payments associated with these leases as an expense on a straight-line basis over the lease term.
The company has elected not to recognise right-of-use assets and lease liabilities for lease of low-value assets and short-term leases. The company recognises the lease payments associated with these leases as an expense on a straight-line basis over the lease term.
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
Management have not identified any critical judgements or estimates in applying the company's accounting policies.
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
12.Taxation (continued)
There were no factors that may affect future tax charges.
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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HICKSON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Share premium account
Profit and loss account
The company participated in a funded defined benefit pension scheme. The assets of the schemes are held under trust and are managed by outside investment managers.
Participation in the scheme was transferred to Arch Timber Protection Limited when the Company ceased trading.
During the year company contributions were submitted to the Group Pension Scheme of £nil (2023: £nil)
Participation in the scheme was transferred to Arch Timber Protection Limited when the Company ceased trading.
During the year company contributions were submitted to the Group Pension Scheme of £nil (2023: £nil)
The company is an immediate subsidiary undertaking of Hickson International Limited which is registered in United Kingdom. Copies of this company's financial statements are available from Hexagon Tower Crumpsall Vale, Blackley, Manchester, M9 8GQ.
The smallest and largest group to consolidate the company's financial statements is Herens Midco S.à.r.l.. Copies of Herens Midco S.à.r.l.'s consolidated financial statements can be obtained from 4, rue Albert Borschette, Luxembourg, L-1246, Luxembourg.
At the reporting date, the ultimate parent undertakings are Bain Capital Private Equity LP and Cinven Capital Management Limited, which are both incorporated in Luxembourg and have their principal office in Luxembourg.
The smallest and largest group to consolidate the company's financial statements is Herens Midco S.à.r.l.. Copies of Herens Midco S.à.r.l.'s consolidated financial statements can be obtained from 4, rue Albert Borschette, Luxembourg, L-1246, Luxembourg.
At the reporting date, the ultimate parent undertakings are Bain Capital Private Equity LP and Cinven Capital Management Limited, which are both incorporated in Luxembourg and have their principal office in Luxembourg.
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