Widem UK Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06302792 (England and Wales)

Widem UK Limited

Abridged Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Abridged Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

Mr R Green

SECRETARY:

Mr Y Vande Ghinste

REGISTERED OFFICE:

25A High Street

Daventry

Northamptonshire

NN11 4BG

REGISTERED NUMBER:

06302792 (England and Wales)

ACCOUNTANTS:

Vanmali & Co Ltd

Chartered Certified Accountants

25A High Street

Daventry

Northamptonshire

NN11 4BG

FIXED ASSETS

Tangible assets

4

1,140,569

954,392

CURRENT ASSETS

Debtors

1,328,471

1,266,334

Cash at bank

1,291,268

1,703,629

2,619,739

2,969,963

CREDITORS

Amounts falling due within one year

2,058,707

2,328,871

NET CURRENT ASSETS

561,032

641,092

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,701,601

1,595,484

CREDITORS

Amounts falling due after more than one
year

155,601

112,500

NET ASSETS

1,546,000

1,482,984

CAPITAL AND RESERVES

Called up share capital

1,143

Retained earnings

1,544,857

1,481,841

SHAREHOLDERS' FUNDS

1,546,000

1,482,984

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 September 2026 and were signed by:

Mr R Green - Director

1.	STATUTORY INFORMATION

Widem 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on cost and 2% on cost

Plant and machinery etc

-

33% on cost and 25% on cost

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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

Contribution payable to pension scheme are charged to profit and loss account in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

1,054,663

Additions

288,048

At 31 December 2025

1,342,711

DEPRECIATION

At 1 January 2025

100,271

Charge for year

101,871

At 31 December 2025

202,142

NET BOOK VALUE

At 31 December 2025

1,140,569

At 31 December 2024

954,392

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

Mr R Green

Balance outstanding at start of year

-

Amounts advanced

55,000

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

55,000

-

Directors Loan is subject to 4% interest.

6.	RELATED PARTY DISCLOSURES

Details of transactions and balances between Widem UK Limited and other business within the group are shown below:

2024

£

Amount owned to:

Widem Logistics NV - Belgium

49,899

152,260

Widem Germany GmBH

-

Widem Holding VA

17,890

14,300

Widem Italy

209,261

149,205

Widem Spain

-

Amount owned by:

Widem Logistics NV - Belgium

87,649

19,283

Widem France

-

Widem SK S.R.O - Slovakia

-

Widem Holding VA

-

Turnover includes sales made to the following companies:

Widem Logistics NV - Belgium

368,661

165,455

Widem Holding VA

-

Widem Italy SRL

100

123

Cost of sales includes purchases from the following companies:

Widem Holding VA

17,960

14,300

Widem Logistics NV - Belgium

373,401

270,661

Widem Germany GmBH

-

Widem Spain

-

Widem Italy SRL

694,439

729,721

All transactions were on a commercial basis.

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Widem Holding Comm.VA.