REGISTERED NUMBER: 10290090 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

HOEK FLOWERS UK LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R Hoek

REGISTERED OFFICE:

124 City Road

London

EC1V 2NX

REGISTERED NUMBER:

10290090 (England and Wales)

AUDITORS:

Bishops Audit Limited

1 Croft Court

Whitehills Business Park

Blackpool

Lancashire

FY4 5PR

FIXED ASSETS

Tangible assets

4

671

612

CURRENT ASSETS

Stocks

505

23,710

Debtors

5

4,210,184

1,433,693

Cash at bank

178,401

142,429

4,389,090

1,599,832

CREDITORS

Amounts falling due within one year

6

4,146,676

1,351,382

NET CURRENT ASSETS

242,414

248,450

TOTAL ASSETS LESS CURRENT LIABILITIES

243,085

249,062

PROVISIONS FOR LIABILITIES

9

168

-

NET ASSETS

242,917

249,062

CAPITAL AND RESERVES

Called up share capital

10

30,000

30,000

Retained earnings

212,917

219,062

SHAREHOLDERS' FUNDS

242,917

249,062

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 director and authorised for issue on 15 December 2025 and were signed by:

R Hoek - Director

1.	STATUTORY INFORMATION

Hoek Flowers UK Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on the going concern basis, which assumes the continuing support of the company's director, bankers and other creditors. The director believes this support will continue and is satisfied that the company is a going concern.

The financial statements are rounded to the nearest Pound Sterling (£).

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

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 44 (2023 - 41 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

3,180

Additions

671

At 31 December 2024

3,851

DEPRECIATION

At 1 January 2024

2,568

Charge for year

612

At 31 December 2024

3,180

NET BOOK VALUE

At 31 December 2024

671

At 31 December 2023

612

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade debtors

1,312,441

1,103,272

Amounts owed by group undertakings

2,540,400

-

Other debtors

357,343

330,421

4,210,184

1,433,693

Other debtors are made up of the following:

31/12/24

31/12/23

Prepayments

124,692

98,420

Accrued income

-

-

Other

232,651

232,001

357,343

330,421

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans and overdrafts

2,124,019

-

Trade creditors

308,421

313,400

Amounts owed to group undertakings

967,599

294,729

Taxation and social security

725,743

732,587

Other creditors

20,894

10,666

4,146,676

1,351,382

Other creditors are made up of the following:

31/12/24

31/12/23

Accruals

20,894

10,666

Deferred income

-

-

20,894

10,666

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/12/24

31/12/23

£

£

Within one year

135,078

127,034

Between one and five years

197,278

304,875

In more than five years

2,290

29,772

334,646

461,681

8.	SECURED DEBTS

The following secured debts are included within creditors:

31/12/24

31/12/23

£

£

Short term loans

2,124,019

-

Short terms loans represent an invoice discounting facility which is secured on the debtors to which it relates.

9.	PROVISIONS FOR LIABILITIES

31/12/24

31/12/23

£

£

Deferred tax

168

-

Deferred

tax

£

Provided during year

168

Balance at 31 December 2024

168

10.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31/12/24

31/12/23

value:

£

£

30,000

Share capital 1

1

30,000

30,000

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

The Report of the Auditors was unqualified.

David Evans BA FCA (Senior Statutory Auditor)

for and on behalf of Bishops Audit Limited

12.	RELATED PARTY DISCLOSURES

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.

The intercompany loans have not been discounted to present value as under the terms of the loans they are repayable on demand.

During the year , the company sold £3,029,684 to Peter H Smith Ltd, a subsidiary 95% owned by the parent company Hoek Group BV.

During the year , the company made purchases totalling £928,759 to Peter H Smith Ltd, a subsidiary 95% owned by the parent company Hoek Group BV.

At the year end , the trading balances were:

£1,652,614 owed from Peter H Smith Ltd, a subsidiary 95% owned by the parent company Hoek Group BV.

£585,800 owed to Peter H Smith Ltd, a subsidiary 95% owned by the parent company Hoek Group BV.

13.	ULTIMATE PARENT COMPANY

The ultimate parent company is Hoek Group B.V, company number: 28050358, registered office Boulevard 60 ,2225AE KATWIJK ZH, The Netherlands. A copy of the Group accounts can be obtained from The Netherlands Camber of Commerce KVK website.