Hansa Products UK Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14834277

Hansa Products UK Ltd

Filleted Unaudited Financial Statements

For the year ended

31 March 2026

Hansa Products UK Ltd

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		24,590	4,317

Current assets

Stocks		408,948	251,988
Debtors	6	81,635	86,543
Cash at bank and in hand		72,349	51,773
		---------	---------
		562,932	390,304

Creditors: amounts falling due within one year	7	566,384		375,565
		---------		---------
Net current (liabilities)/assets			( 3,452)	14,739
			--------	--------
Total assets less current liabilities			21,138	19,056

Provisions

Taxation including deferred tax	601	799
	--------	--------
Net assets	20,537	18,257
	--------	--------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	19,537	17,257
	--------	--------
Shareholders funds	20,537	18,257
	--------	--------

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.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Hansa Products UK Ltd

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 28 August 2026 , and are signed on behalf of the board by:

M A Vogel
Director

Company registration number: 14834277

Hansa Products UK Ltd

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Enterprise House, 38 Tyndall Court, Commerce Road, Lynch Wood, Peterborough, PE2 6LR. The trading address is Units 5 Harrier Court, Eagle Business Park, Harrier Way, Yaxley, Peterborough, PE7 3EZ

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.

Going concern

The financial statements have been prepared on a going concern basis due to the ongoing support of the parent company and it's shareholders for the foreseeable future.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods 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.

Income tax

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 material 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.

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	-	10% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	25% reducing balance

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.

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

The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 April 2025	4,146	–	725	4,871
Additions	–	25,995	–	25,995
	-------	--------	----	--------
At 31 March 2026	4,146	25,995	725	30,866
	-------	--------	----	--------
Depreciation
At 1 April 2025	304	–	250	554
Charge for the year	187	5,416	119	5,722
	-------	--------	----	--------
At 31 March 2026	491	5,416	369	6,276
	-------	--------	----	--------
Carrying amount
At 31 March 2026	3,655	20,579	356	24,590
	-------	--------	----	--------
At 31 March 2025	3,842	–	475	4,317
	-------	--------	----	--------

6. Debtors

	2026	2025
	£	£
Trade debtors	61,287	61,701
Other debtors	20,348	24,842
	--------	--------
	81,635	86,543
	--------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	3,108	2,819
Amounts owed to group undertakings and undertakings in which the company has a participating interest	554,562	364,722
Social security and other taxes	5,657	5,923
Other creditors	3,057	2,101
	---------	---------
	566,384	375,565
	---------	---------

8. Operating leases

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

	2026	2025
	£	£
Not later than 1 year	21,500	21,500
Later than 1 year and not later than 5 years	24,523	46,023
	--------	--------
	46,023	67,523
	--------	--------

9. Controlling party

The company is a wholly owned subsidiary of Hansa Products Limited, a company incorporated in New Zealand. No consolidated accounts are prepared for the group.