Koehler (UK) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02586094 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

KOEHLER (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K M Furler

P Gibson

REGISTERED OFFICE:

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

REGISTERED NUMBER:

02586094 (England and Wales)

AUDITORS:

Sargeant Partnership LLP

Chartered Accountants

and Statutory Auditors

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

BANKERS:

National Westminster Bank Plc

143 High Street

Bromley

Kent

BR1 1YZ

FIXED ASSETS

Tangible assets

4

1,017

1,356

CURRENT ASSETS

Debtors

5

1,173

1,335

Cash at bank and in hand

53,909

179,776

55,082

181,111

CREDITORS

Amounts falling due within one year

6

31,186

162,170

NET CURRENT ASSETS

23,896

18,941

TOTAL ASSETS LESS CURRENT LIABILITIES

24,913

20,297

PROVISIONS FOR LIABILITIES

161

218

NET ASSETS

24,752

20,079

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

8

23,752

19,079

SHAREHOLDERS' FUNDS

24,752

20,079

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 Board of Directors and authorised for issue on 8 February 2022 and were signed on its behalf by:

P Gibson - Director

1.	STATUTORY INFORMATION

Koehler (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 - frs 102 section 1a

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.

Computer equipment

-

25% per annum 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.

Pension costs and other post-retirement benefits

The company contributes towards the personal pension plans of the directors and employees. Contributions payable are charged to the profit and loss account in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2021

and 31 December 2021

8,092

DEPRECIATION

At 1 January 2021

6,736

Charge for year

339

At 31 December 2021

7,075

NET BOOK VALUE

At 31 December 2021

1,017

At 31 December 2020

1,356

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other debtors

1,173

1,335

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

320

1,133

Amounts owed to group undertakings

-

139,500

Taxation and social security

7,051

7,196

Other creditors

23,815

14,341

31,186

162,170

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

1,000

Ordinary

1

1,000

1,000

8.

RESERVES

Retained

earnings

£

At 1 January 2021

19,079

Profit for the year

4,673

At 31 December 2021

23,752

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

The Report of the Auditors was unqualified.

Mrs J Brown FCCA (Senior Statutory Auditor)

for and on behalf of Sargeant Partnership LLP

10.	RELATED PARTY DISCLOSURES

During the year, the company received commission from other group companies totalling £195,923 (2020: £231,765) from paper sales made in the EU.

At the balance sheet date, the company owed £2,077 (2020: £39,500) in respect of overpaid commission from Koehler Paper SE.

On 31 December 2021 no final dividend was proposed to the parent company Koehler Paper SE (2020: £100,000).

11.	ULTIMATE CONTROLLING PARTY