REGISTERED NUMBER: 13238200 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Junttan UK Operations Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J M Holappa

REGISTERED OFFICE:

1 Chapel Street

Warwick

Warwickshire

CV34 4HL

REGISTERED NUMBER:

13238200 (England and Wales)

AUDITORS:

Wright Vigar Limited

Statutory Auditors

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Intangible assets

4

805,627

765,826

Tangible assets

5

143,452

168,936

949,079

934,762

CURRENT ASSETS

Stocks

2,321,739

1,243,534

Debtors

6

289,809

457,631

Cash at bank

540,887

556,072

3,152,435

2,257,237

CREDITORS

Amounts falling due within one year

7

1,723,191

1,076,548

NET CURRENT ASSETS

1,429,244

1,180,689

TOTAL ASSETS LESS CURRENT LIABILITIES

2,378,323

2,115,451

CREDITORS

Amounts falling due after more than one year

8

(2,176,552

)

(1,982,140

)

PROVISIONS FOR LIABILITIES

(35,863

)

(42,234

)

NET ASSETS

165,908

91,077

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

165,808

90,977

SHAREHOLDERS' FUNDS

165,908

91,077

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 3 September 2026 and were signed by:

J M Holappa - Director

1.	STATUTORY INFORMATION

Junttan UK Operations 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.	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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

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

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

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.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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

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 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 7 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

884,928

Additions

142,548

At 31 December 2025

1,027,476

AMORTISATION

At 1 January 2025

119,102

Charge for year

102,747

At 31 December 2025

221,849

NET BOOK VALUE

At 31 December 2025

805,627

At 31 December 2024

765,826

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2025

12,800

64,433

8,730

151,891

237,854

Additions

-

1,290

-

44,492

45,782

Disposals

-

(21,929

)

-

(26,950

)

(48,879

)

At 31 December 2025

12,800

43,794

8,730

169,433

234,757

DEPRECIATION

At 1 January 2025

1,256

19,110

2,561

45,991

68,918

Charge for year

624

7,683

1,542

32,633

42,482

Eliminated on disposal

-

(9,298

)

-

(10,797

)

(20,095

)

At 31 December 2025

1,880

17,495

4,103

67,827

91,305

NET BOOK VALUE

At 31 December 2025

10,920

26,299

4,627

101,606

143,452

At 31 December 2024

11,544

45,323

6,169

105,900

168,936

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

288,502

442,710

Other debtors

1,307

14,921

289,809

457,631

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

121,083

658,838

Amounts owed to group undertakings

958,429

232,686

Taxation and social security

475,365

39,826

Other creditors

168,314

145,198

1,723,191

1,076,548

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

2,176,552

1,982,140

9.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

21,681

14,400

Between one and five years

21,074

28,800

42,755

43,200

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

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

The Report of the Auditors was unqualified.

Paul Colcomb FCCA (Senior Statutory Auditor)

for and on behalf of Wright Vigar Limited

12.	ULTIMATE CONTROLLING PARTY

The company's immediate parent is Junttan OY, incorporated in Junttan OY, Matkuksentie 7, 70800 Kuopio, Finland.

The most senior parent entity producing publicly available financial statements is Junttan OY. These financial statements are available upon request from Junttan OY, Matkuksentie 7, 70800 Kuopio, Finland.

The ultimate controlling party is Junttan OY.