REGISTERED NUMBER: 11671135 (England and Wales)

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TECHNOFORM INSULATION SOLUTIONS UK

LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

C C Hofmann

REGISTERED OFFICE:

11 Emmanuel Court

12 Reddicroft

Sutton Coldfield

B73 6AZ

REGISTERED NUMBER:

11671135 (England and Wales)

AUDITORS:

Clive Shedd & Co.

Statutory Auditor

Chartered Accountants

232 Sladepool Farm Road

Birmingham

B14 5EE

FIXED ASSETS

Tangible assets

5

219

797

CURRENT ASSETS

Debtors

6

8,860

24,336

Cash at bank

54,092

12,757

62,952

37,093

CREDITORS

Amounts falling due within one year

7

90,737

88,458

NET CURRENT LIABILITIES

(27,785

)

(51,365

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(27,566

)

(50,568

)

CREDITORS

Amounts falling due after more than one year

8

32,170

91,515

NET LIABILITIES

(59,736

)

(142,083

)

CAPITAL AND RESERVES

Called up share capital

9

10,000

10,000

Retained earnings

(69,736

)

(152,083

)

SHAREHOLDERS' FUNDS

(59,736

)

(142,083

)

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 15 December 2025 and were signed on its behalf by:

C C Hofmann - Director

1.	STATUTORY INFORMATION

Technoform Insulation Solutions UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Significant judgements and estimates

In preparing these financial statements the company's management make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities at the statement of financial position date and the amounts reported in the income statement for the period under review.

The nature of estimates means that the actual outcome could differ and the company's management consider there are no estimates or assumptions that have a significant risk of causing a material adjustment to the amounts reported for assets and liabilities within the next financial year.

Turnover

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

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

-

at varying rates on cost

Tangible fixed assets are initially recorded at cost.

Financial instruments

Basic financial assets and liabilities are initially recognised at transaction price and are subsequently measured at amortised cost.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Foreign currencies

Foreign currency monetary items are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

Leasing commitments

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

Pension costs and other post-retirement benefits

The company contributes to defined contribution personal pension schemes. Contributions payable are charged to profit or loss in the period to which they relate.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the amount expected to be paid in exchange for that service.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

6,050

DEPRECIATION

At 1 January 2024

5,253

Charge for year

578

At 31 December 2024

5,831

NET BOOK VALUE

At 31 December 2024

219

At 31 December 2023

797

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

5,268

20,487

Prepayments and accrued income

3,592

3,849

8,860

24,336

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

8,916

7,942

Amounts owed to group undertakings

56,382

59,823

Taxation and social security

8,017

6,429

Accruals and deferred income

17,422

14,264

90,737

88,458

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

32,170

91,515

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

10,000

Ordinary

£1

10,000

10,000

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

The Report of the Auditors was unqualified.

Clive Shedd FCA (Senior Statutory Auditor)

for and on behalf of Clive Shedd & Co.

11.	ULTIMATE CONTROLLING PARTY

12.	GOING CONCERN

The profit for the financial year amounted to £82,347 and as at 31 December 2024 the company's statement of financial position showed that current liabilities exceeded its current assets by £27,785.

As at 31 December 2024 the company owed £88,552 to group undertakings (as shown in notes 10 and 11 to the financial statements) and as such is reliant on the continued support of group companies. As at 31 December 2024 amounts owed to non group undertakings amounted to £34,355 (as shown in note 10 to the financial statements).

Trading in the current financial year is expected to be profitable. The director also believes that the company will continue to benefit from group support for the foreseeable future and as a consequence the company will have sufficient resources to continue in operational existence. The financial statements have been prepared on a going concern basis.