REGISTERED NUMBER: 10046813 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

BOPLAN UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr X A S Ramon

REGISTERED OFFICE:

The Science Centre

Wolverhampton Science Park

Glaisher Drive

Wolverhampton

West Midlands

WV10 9RU

REGISTERED NUMBER:

10046813 (England and Wales)

AUDITORS:

Stanton Ralph & Co Limited

Chartered Accountants

Statutory Auditor

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

FIXED ASSETS

72,601

Tangible assets

4

66,786

CURRENT ASSETS

4,136

Stocks

15,081

274,524

Debtors

5

804,426

161,156

Cash at bank

64,532

439,816

884,039

CREDITORS

118,784

Amounts falling due within one year

6

198,965

321,032

NET CURRENT ASSETS

685,074

393,633

TOTAL ASSETS LESS CURRENT LIABILITIES

751,860

CREDITORS

2,089,505

Amounts falling due after more than one year

7

2,521,509

(1,695,872

)

NET LIABILITIES

(1,769,649

)

CAPITAL AND RESERVES

100

Called up share capital

9

100

(1,695,972

)

Retained earnings

(1,769,749

)

(1,695,872

)

SHAREHOLDERS' FUNDS

(1,769,649

)

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 2nd April 2026 and were signed by:

Mr X A S Ramon - Director

1.	STATUTORY INFORMATION

Boplan 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.

The presentation currency of the financial statements is the Pound Sterling (£) rounded to the nearest £1.

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.

Going concern

The company continues to trade by virtue of support from its parent company. The parent company will continue to provide support for at least a further 12 months from the date of approval of the financial statements.

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 cost and 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.

Hire purchase and leasing commitments

Hire purchase and leasing commitments Rentals paid under operating leases are charged to the profit or loss account on a straight line basis over the period of the lease

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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administration expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2025

166,574

Additions

27,244

Disposals

(49,043

)

At 31st December 2025

144,775

DEPRECIATION

At 1st January 2025

93,973

Charge for year

22,969

Eliminated on disposal

(38,953

)

At 31st December 2025

77,989

NET BOOK VALUE

At 31st December 2025

66,786

At 31st December 2024

72,601

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

733,856

233,040

Other debtors

70,570

41,484

804,426

274,524

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

19,855

19,896

Taxation and social security

127,659

80,688

Other creditors

51,451

18,200

198,965

118,784

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

2,521,509

2,089,505

Amounts owed to group undertakings are unsecured, carry interest at 2%, and bear no fixed redemption date.

8.	LEASING AGREEMENTS

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

31.12.25

31.12.24

£

£

Within one year

6,678

6,678

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1

100

100

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

The Report of the Auditors was unqualified.

Darren Foot (Senior Statutory Auditor)

for and on behalf of Stanton Ralph & Co Limited

11.	PENSION COMMITMENTS

The company contributes to a defined contribution pension plan for its employees. The amount recognised as an expense in the year was £6,533 (2024 : £5,130). The amount owing to the pension plan at the year end was £1,579 ( 2024 : £1,373).

12.	ULTIMATE PARENT COMPANY

The ultimate parent company, Boplan Industries BV, prepares group accounts which will be available from its registered office at Muizelstraat 12, 8560 Wevelgem, Moorsele, Belgium.