|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gruber UK Limited |
|
Unaudited Financial Statements for the Year Ended 31st December 2016 |
|
|
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gruber UK Limited |
|
Unaudited Financial Statements for the Year Ended 31st December 2016 |
|
|
|
|
|
Gruber UK Limited (Registered number: 05165147) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the year ended 31st December 2016 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
Gruber UK Limited |
|
Company Information |
for the year ended 31st December 2016 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
Regent's Court |
Princess Street |
Hull |
East Yorkshire |
HU2 8BA |
Gruber UK Limited (Registered number: 05165147) |
|
Balance Sheet |
31st December 2016 |
|
2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
|
|
Tangible assets | 5 |
|
|
|
|
|
CURRENT ASSETS |
Debtors | 6 |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT ASSETS/(LIABILITIES) |
|
( |
) |
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
PROVISIONS FOR LIABILITIES |
|
|
NET ASSETS |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
|
|
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. |
Gruber UK Limited (Registered number: 05165147) |
|
Balance Sheet - continued |
31st December 2016 |
|
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered. |
|
The financial statements were approved by the director on
|
|
|
|
|
|
|
|
Gruber UK Limited (Registered number: 05165147) |
|
Notes to the Financial Statements |
for the year ended 31st December 2016 |
|
1. | STATUTORY INFORMATION |
|
Gruber UK Limited is a
|
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 |
|
|
The significant accounting policies applied in the preparation of these financial statements are set out |
below. These policies have been consistently applied to all years presented unless otherwise stated. |
The company adopted FRS 102 in the current year and there have been no transitional adjustments. |
|
Turnover |
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade |
discounts. The policies adopted for the recognition of turnover are as follows: |
|
Rendering of services |
When the outcome of a transaction can be estimated reliably, turnover from rendering of services is |
recognised by reference to the stage of completion at the balance sheet date. Stage of completion is |
measured by reference to the proportion of costs to date compared to total expected costs. |
|
When the outcome cannot be measured reliably, turnover is recognised only to the extent of the |
expense recognised that are recoverable. |
|
Leases |
Rentals payable and receivable under operating leases are charged to the profit and loss account on a |
straight line basis over the period of the lease. |
|
Intangible assets - goodwill |
Goodwill arising on business combinations is capitalised, classified as an asset on the balance sheet |
and amortised on a straight line basis over its useful life. The period chosen for writing off goodwill is 4 |
years. Provision is made for any impairment. |
|
Tangible fixed assets |
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation |
and accumulated impairment losses. Cost includes costs directly attributable to making the asset |
capable of operating as intended. |
|
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less |
estimated residual value, of each asset on a systematic basis over its expected useful life as follows: |
|
Land and buildings | - 5% on cost |
Plant and machinery etc | - 20%, 25% and 33% on cost |
|
Gruber UK Limited (Registered number: 05165147) |
|
Notes to the Financial Statements - continued |
for the year ended 31st December 2016 |
|
2. | ACCOUNTING POLICIES - continued |
Taxation |
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) |
for the current or past reporting periods. It is measured at the amount expected to be paid or recovered |
using the tax rates and laws that have been enacted or substantively enacted by the balance sheet |
date. |
|
Deferred tax represents the future tax consequences of transactions and events recognised in the |
financial statements of current and previous periods. It is recognised in respect of all timing |
differences, with certain exceptions. Timing differences are differences between taxable profits and |
total comprehensive income as stated in the financial statements that arise from the inclusion of |
income and expense in tax assessments in periods different from those in which they are recognised |
in the financial statements. 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. |
|
Deferred tax is measured using the tax rates and laws that have been enacted or substantively |
enacted by the balance sheet date that are expected to apply to the reversal of timing differences. |
|
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. |
|
Impairment |
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at |
each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's |
cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount |
exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is |
carried at a revalued amount where the impairment loss is a revaluation decrease. |
|
Debtors and creditors receivable / payable within one year |
Debtors and creditors with no stated interest rate and are receivable or payable within one year are |
recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss |
account in other administrative expenses. |
|
Provisions |
Provisions are recognised when the company has an obligation at the balance sheet date as a result of |
a past event, it is probable that an outflow of economic benefits will be required in settlement and the |
amount can be reliably estimated. |
|
Pension costs and other post-retirement benefits |
When employees have rendered service to the company, short-term employee benefits to which the |
employees are entitled are recognised at the undiscounted amount expected to be paid in exchange |
for the service. |
|
The company operates a defined contribution plan for the benefit of its employees. Contributions are |
expensed as they become payable. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was
|
Gruber UK Limited (Registered number: 05165147) |
|
Notes to the Financial Statements - continued |
for the year ended 31st December 2016 |
|
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1st January 2016 |
and 31st December 2016 |
|
AMORTISATION |
At 1st January 2016 |
and 31st December 2016 |
|
NET BOOK VALUE |
At 31st December 2016 |
|
At 31st December 2015 |
|
|
5. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 1st January 2016 |
|
|
|
Additions |
|
|
|
At 31st December 2016 |
|
|
|
DEPRECIATION |
At 1st January 2016 |
|
|
|
Charge for year |
|
|
|
At 31st December 2016 |
|
|
|
NET BOOK VALUE |
At 31st December 2016 |
|
|
|
At 31st December 2015 |
|
|
|
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2016 | 2015 |
£ | £ |
Trade debtors |
|
|
Amounts owed by group undertakings |
|
|
Other debtors |
|
|
|
|
Gruber UK Limited (Registered number: 05165147) |
|
Notes to the Financial Statements - continued |
for the year ended 31st December 2016 |
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2016 | 2015 |
£ | £ |
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
8. | RELATED PARTY DISCLOSURES |
|
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 |
'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related |
party transactions with wholly owned subsidiaries within the group. |
|
The controlling party is Gruber Gmbh & Co KG. |
|
The company is incorporated in Germany. The head office address is: |
|
Muldenstrasse 17-25 |
D - 67069 Ludwigshafen |