G.Bopp & Co.Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00762927

G.Bopp & Co.Limited

Filleted Financial Statements

31 December 2025

G.Bopp & Co.Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		761,540	665,210

Current assets

Stocks		1,704,384	1,796,296
Debtors	6	1,211,363	1,189,091
Cash at bank and in hand		205,748	344,049
		------------	------------
		3,121,495	3,329,436

Creditors: amounts falling due within one year	7	2,036,246		2,311,841
		------------		------------
Net current assets			1,085,249	1,017,595
			------------	------------
Total assets less current liabilities			1,846,789	1,682,805

Provisions	106,498	70,763
	------------	------------
Net assets	1,740,291	1,612,042
	------------	------------

Capital and reserves

Called up share capital	500,000	500,000
Profit and loss account	1,240,291	1,112,042
	------------	------------
Shareholders funds	1,740,291	1,612,042
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 7 April 2026 , and are signed on behalf of the board by:

Mr D Rolny
Director

Company registration number: 00762927

G.Bopp & Co.Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 16 Grange Close, Clover Nook Industrial Park, Somercotes, Derbyshire, DE55 4QT.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The functional currency of the company is Sterling, GBP.

Going concern

The company made a loss during the previous year. This was entirely as a result of the change in accounting estimate on stocks over 10 years old and is therefore a non-recurring event. Without this adjustment the company was profitable in the year and remained solvent, as is the case in 2025 however the company is reliant on the ongoing support of its parent company. The parent company have indicated that they intend to continue supporting the company and accepting extended credit terms and accordingly the financial statements have been prepared on a going concern basis. Should this support be withdrawn and the parent company require repayment of all debts in full, the company would not have sufficient working capital to continue to trade normally and the going concern basis may no longer be appropriate.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Key sources of estimation uncertainty Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumption and other source of estimation uncertainty that has a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year is as follows: Stock obsolescence - the company hold stocks in excess of 5 years old at a value of £359,778 (2024 - £344,340) at the year end. The company applies a policy of providing a standard 10% obsolescence provision on stock over 5 years old to account for its slow-moving nature and a full write off of the value of stock over 10 years old. In the company's experience, very little of the stock becomes obsolete in terms of use and it also maintains value and it believes this policy is a fair reflection of the commercial reality and likelihood of future sales of older stocks.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	5-25% straight line
Leased frames	-	10% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. Stocks held for distribution at no or nominal consideration are measured at the lower of replacement cost and cost, adjusted where applicable for any loss of service potential. At each reporting date, an assessment is made for impairment. For stocks held for at least 5 years, the company will consider the excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell and recognise an impairment loss in profit or loss. For stocks held for at least 10 years, the company considers the net realisable value to be nil based on the immaterial value of stocks sold each year in that category.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 30 (2024: 34 ).

5. Tangible assets

	Plant and machinery	Leased frames	Total
	£	£	£
Cost
At 1 January 2025	1,757,634	36,962	1,794,596
Additions	204,602	–	204,602
Disposals	( 2,804)	–	( 2,804)
	------------	--------	------------
At 31 December 2025	1,959,432	36,962	1,996,394
	------------	--------	------------
Depreciation
At 1 January 2025	1,092,424	36,962	1,129,386
Charge for the year	108,272	–	108,272
Disposals	( 2,804)	–	( 2,804)
	------------	--------	------------
At 31 December 2025	1,197,892	36,962	1,234,854
	------------	--------	------------
Carrying amount
At 31 December 2025	761,540	–	761,540
	------------	--------	------------
At 31 December 2024	665,210	–	665,210
	------------	--------	------------

6. Debtors

	2025	2024
	£	£
Trade debtors	1,162,981	1,124,430
Other debtors	48,382	64,661
	------------	------------
	1,211,363	1,189,091
	------------	------------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	72,434	171,121
Amounts owed to group undertakings and undertakings in which the company has a participating interest	1,735,817	1,990,530
Social security and other taxes	158,336	120,673
Other creditors	69,659	29,517
	------------	------------
	2,036,246	2,311,841
	------------	------------

8. Capital commitments

Capital expenditure contracted for but not provided for in the financial statements is as follows:

	2025	2024
	£	£
Tangible assets	–	140,547
	----	---------

During 2024 the company entered into a non-cancellable agreement to purchase a small cylinder welding machine for €168,600. The machine was still in production at the year end.

9. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	94,000	94,000
Later than 1 year and not later than 5 years	376,000	376,000
Later than 5 years	752,000	846,000
	------------	------------
	1,222,000	1,316,000
	------------	------------

10. Summary audit opinion

The auditor's report dated 7 April 2026 was unqualified , however, the auditor drew attention to the following by way of emphasis.

We draw your attention to Note 3 to the financial statements, Judgements and key sources of estimation uncertainty, regarding the valuation of the company's obsolete stock. Our opinion is not modified in respect of this matter.

The senior statutory auditor was Russell Eley FCCA , for and on behalf of Xeinadin Audit Limited .

11. Related party transactions

Under FRS 102 Section 33.1A, the company is exempt from disclosing transactions with fellow group companies.

12. Ethical standards

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

13. Controlling party

The company's immediate parent undertaking is G. Bopp + Co. AG, a company registered and resident in Switzerland, which owns 100% of the ordinary issued share capital. The company's head office is at Bachmannweg 21, CH-8046 Zürich.