The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime, as per part 15 of the Companies Act 2006.

ABCR (UK) Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Suite 1f77 &78 Block 1 Alderle, Congleton Park, Nether Alderley, Macclesfield, United Kingdom, SK10 4TG.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on a going concern basis that assumes the company will continue intrue operational existence for the foreseeable future having adequate resources to meet its obligations as they fall due. In the current year the company made a loss of £4,667 (2024: loss of £55,201) and has net assets of £41,234 (2024: net assets of £45,901). The company has a cash balance of £110,830 and is reliant on the continued support of its fellow group companies. The current trading has improved and the company expects to build on the reserves with a profit in the year. The group companies have confirmed that they will not call in the amounts owed to them unless the company has sufficient resources to make the payments. As such, taking the above into consideration, the directors consider it appropriate to prepare these financial statements on a going concern basis.

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 of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Other intangible assets are the acquisition of customer lists and are recognised at cost. They are amortised to profit and loss account over their estimated economic life of 4 years.

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

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.

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

The average monthly number of persons (including directors) employed by the company during the year was:

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

As ABCR (UK) Ltd is a 100% subsidiary of ABCR GMBH it has taken it's exemption from disclosing related party transactions.

The company's immediate and ultimate parent undertaking is ABCR GmbH. ABCR GmbH was incorporated in Germany. Copies of the group accounts may be obtained from the secretary, ABCR gmbh, Im Schlehert 10, Karlsruhe, Germany, 76187. The ultimate controlling party is ABCR Group GmbH who controls 100% of the shares of Abcr (UK) Ltd.