Jones Engineering Group Germany GmbH

Schwalbach am Taunus

Jahresabschluss zum Geschäftsjahr vom 01.01.2022 bis zum 31.12.2022

Bilanz

Gewinn- und Verlustrechnung

Anhang

Bilanz zum 31. Dezember 2022

Aktiva

	31.12.2022	31.12.2021
	EUR	EUR
A. Anlagevermögen
Sachanlagen
1. Andere Anlagen, Betriebs- und Geschäftsausstattung	7.864,70	12.358,82
	7.864,70	12.358,82
B. Umlaufvermögen
I. Forderungen und sonstige Vermögensgegenstände
- sämtlich mit einer Restlaufzeit bis zu einem Jahr-
1. Forderungen aus Lieferungen und Leistungen	0,00	814.596,00
2. Forderungen gegenüber verbundenen Unternehmen	1.687.339,03	1.518.716,41
3. Sonstige Vermögensgegenstände	513.650,73	591.417,05
II. Guthaben bei Kreditinstituten	24.836,85	323.268,86
	2.225.826,61	3.247.998,32
	2.233.691,31	3.260.357,14

Passiva

	31.12.2022
	EUR	EUR
Eigenkapital
I. Gezeichnetes Kapital	25.000,00	25.000,00
II. Gewinnvortrag	727.535,33	666.896,03
III. Jahresüberschuss	160.414,32	60.639,30
	912.949,65	752.535,33
B. Rückstellungen
I. Steuerrückstellungen	0,00	0,00
II. sonstige Rückstellungen	11.750,00	219.709,00
	11.750,00	219.709,00
C. Verbindlichkeiten
- sämtlich mit einer Restlaufzeit bis zu einem Jahr -
1. Verbindlichkeiten aus Lieferung und Leistung	308.756,28	1.112.326,88
2. Verbindlichkeiten gegenüber verbundenen Unternehmen	992.425,93	1.171.639,26
3. Sonstige Verbindlichkeiten	7.809,45	4.146,67
-davon aus sozialen Abgaben: EUR 7.809,45 (Vj.: EUR 4.146,67)
	1.308.991,66	2.288.112,81
	2.233.691,31	3.260.357,14

Gewinn- und Verlustrechnung für die Zeit vom 1. Januar bis 31. Dezember 2022

	2022	2021
	EUR	EUR
1. Umsatzerlöse	3.722.043,83	5.739.873,09
2. sonstige betriebliche Erträge	2.257,45	0,00
3. Materialaufwand
a) Aufwendungen für bezogene Waren	-133.772,56	-360.424,99
b) Aufwendungen für bezogene Leistungen	-2.504.260,86	-4.020.705,21
4. Personalaufwand
a) Löhne und Gehälter	-213.264,68	-238.267,24
b) soziale Abgaben	-28.157,94	-28.708,16
5. Abschreibungen auf Sachanlagen	-4.494,12	-4.494,12
6. sonstige betriebliche Aufwendungen	-601.974,31	-992.279,14
7. Zinsen und ähnliche Aufwendungen	-553,52	0,00
8. Steuern vom Einkommen und vom Ertrag	-76.988,97	-33.934,93
9. Ergebnis nach Steuern	160.834,32	61.059,30
10. Sonstige Steuern	-420,00	-420,00
11. Jahresüberschuss	160.414,32	60.639,30

Anhang für das Geschäftsjahr 2022

(1) Allgemeine Angaben

Die Gesellschaft ist beim Amtsgericht Königstein unter HR B 10329 eingetragen.

Der Jahresabschluss zum 31. Dezember 2022 ist nach den Rechnungslegungsvorschriften des Handelsgesetzbuches und des GmbH-Gesetzes aufgestellt. Der Gewinn- und Verlustrechnung wurde das Gesamtkostenverfahren zu Grunde gelegt.

Die Gesellschaft ist eine kleine Kapitalgesellschaft i. S. d. § 267 Abs. 1 HGB. Von den Erleichterungen der §§ 274a und 288 HGB wurde teilweise Gebrauch gemacht.

(2) Bilanzierungs- und Bewertungsgrundsätze

Die Vermögensgegenstände des Anlagevermögens sind zu Anschaffungskosten vermindert um planmäßige Abschreibungen, die nach der linearen Methode verteilt auf die Nutzungsdauer von 5 Jahren berechnet werden, angesetzt.

Die Forderungen und sonstigen Vermögensgegenstände sowie die flüssigen Mittel sind zum Nennwert angesetzt.

Das gezeichnete Kapital wird zum Nennbetrag angesetzt.

Die Rückstellungen sind in Höhe des nach vernünftiger kaufmännischer Beurteilung notwendigen Erfüllungsbetrages angesetzt.

Die Verbindlichkeiten sind mit ihrem Erfüllungsbetrag angesetzt.

(3) Erläuterungen zu einzelnen Posten der Bilanz

Umlaufvermögen

Die Forderungen und sonstigen Vermögensgegenstände haben eine Laufzeit bis zu einem Jahr. Die Forderungen gegen verbundene Unternehmen in Höhe von EUR 1.687.339,03 (i.Vj. EUR 1.518.716,41) bestehen gegen den Gesellschafter in Höhe von EUR 921.098,03 (i.Vj. EUR 1.229.676,18).

Die sonstigen Vermögensgegenstände in Höhe von EUR 513.650,73 (i.Vj. EUR 591.417,05) resultieren im Wesentlichen aus Kautionen und Steuerforderungen.

Eigenkapital

Das gezeichnete Kapital in Höhe von EUR 25.000,00 ist voll eingezahlt.

Rückstellungen

Die sonstigen Rückstellungen betreffen im Wesentlichen Kosten für die Erstellung der Steuererklärungen und des Jahresabschlusses für das abgelaufene Geschäftsjahr.

Verbindlichkeiten

Die Verbindlichkeiten gegenüber verbundenen Unternehmen in Höhe von EUR 992.425,93 (i.Vj. EUR 1.171.639,26) resultieren in Höhe von EUR 0,00 (i.Vj. EUR 101.294,50) aus Finanzverkehr, in Höhe von EUR 992.425,93 (Vj. EUR 636.617,14) aus dem Verrechnungsverkehr und in Höhe von EUR 0,00 (i.Vj. EUR 433.727,62) aus Lieferungen und Leistungen. Die Verbindlichkeiten in Höhe von EUR 366.415,31 (i.Vj. EUR 545.335,14) bestehen gegenüber dem Gesellschafter.

(4) Sonstige Angaben

Geschäftsführung

Zur Geschäftsführung sind bestellt:

	John Gillece, Dublin / Irland
	Stephen McCabe, Dublin / Irland
	Barry Gatenby, Dublin / Irland (Zur Geschäftsführung bestellt am 26. Oktober 2022)

Mit Wirkung zum Ablauf des 30. September 2022 wurden James Eugene Curley und John Henry King von der Geschäftsführung abberufen.

Sind mehrere Geschäftsführer bestellt, so wird die Gesellschaft durch zwei Geschäftsführer oder durch einen Geschäftsführer gemeinsam mit einem Prokuristen vertreten.

Mitarbeiterzahl

Die durchschnittliche Mitarbeiterzahl im Geschäftsjahr 2022 betrug 2 (i.Vj. 4).

Konzernzugehörigkeit nach § 285 Nr. 14 HGB

Die Jones Engineering Group Germany GmbH, Frankfurt am Main, wird in den Konzernabschluss der Jones Engineering Holdings International Limited, Dublin/Irland, einbezogen, die den Konzernabschluss für den kleinsten Kreis von Unternehmen erstellt. Der Konzernabschluss ist am Sitz des Mutterunternehmens erhältlich.

Frankfurt am Main, den 05. September 2023

Jones Engineering Group Germany GmbH

Letter of Representation

Jones Engineering Group Germany, c/o Regos Lyoner Stern, Frankfurt, Germany

Dublin, Ireland 5th September 2023

KPMG AG Wirtschaftsprüfungsgesellschaft

Preparation of the Annual Financial Statements for the Financial Year from 01/01/22 to 31/12/221

In my (our) capacity as officer[(s) (executive board member(s) /] executive officer(s) /_) / sole [proprietor / owner-manager(s) /] _ of the entity I (we) hereby declare to you, in your capacity as auditor, the following:

A. Information and evidence

I (we) have provided to you the information and evidence requested by you in accordance with § [Article] 320 Abs. [paragraph] 3 HGB ["Handelsgesetzbuch" German Commercial Code], which is complete and has been provided to the best of my (our) knowledge and belief. With respect hereto, I (we) have disclosed to you not only my (our) own personal knowledge, but also the knowledge held by the other officer(s) / sole proprietor I owner-manager(s) of the entity. I (we) have named the following persons as being authorized and qualified to provide information.

	Barry Gatenby
	Feilim Clear
	Cindy Gao

These persons have been instructed by me (us) to provide you with all required and requested information and evidence correctly and completely.

B. Books, Records and Internal Control over Financial Reporting

1. I (we) have ensured that the entity's books of accounts and other documents were made available completely including those maintained with IT support. The documents include contractual agreements with third-party IT service providers, work instructions and other organizational documents needed to understand the bookkeeping in particular.

2. All transactions which require recognition in the accounting records for the above mentioned financial year are recorded in the books presented (§ 239 Abs. 2 HGB). We have disclosed to you all material changes to the accounting system including IT systems for accounting purposes.

¹ [ ] Please delete where inapplicable and add as necessary. Please delete inapplicable numbers or text passages. Please tick as applicable.

^M 3: Use for preparation of Annual Financial Statements pursuant to HGB ["Handelsgesetzbuch" German Commercial Code] (individual merchants and partnerships are to submit the letter of representation as owner(s)-manager(s) and/or sole proprietor); provisions of the HGB as amended by the BilMoG ["Bilanzrechtsmodernisierungsgesetz" German Accounting Law Modernization Act] have been adhered to.

3. The books and records were processed

[X] on the basis of the organizational precautions and controls, only in programmes and recorded applications made available to you as well as work instructions and organizational documents made available to you (and/or)

[X] on the basis of the contractual agreements with third-party IT service providers mentioned under no. 1. in compliance with legal requirements (and/or)

[ ] on the basis of your mandate to keeping the entity's books of accounts and/or preparation of the Annual Financial Statements.

4. I [we] have ensured that in compliance with legal obligations to retain records, the unprinted records are available at all times and can be made legible within a reasonable period of time, as far as accounting entries are concerned, in account number order (§ 239 Abs. 4, § 257 HGB).

5. Internal controls over financial reporting have been set up according to my (our) scope of responsibility and in order to ensure proper preparation of the Annual Financial Statements free from material error and fraud. Breakdowns or material deficiencies in internal controls over financial reporting

[X] did not occur and currently do not exist.

[ ] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

C. Annual Financial Statements

1. In compliance with the applicable accounting principles the Annual Financial Statements prepared by you reflect all assets, liabilities (obligations, risks, etc.), accruals and special items, all expenses and income as well as required disclosures (§ 246 Abs. 1 HGB).

2. The significant assumptions made in the determination of accounting estimates, including fair values, that have been provided to you, are reasonable and appropriately reflect my (our) intent as well as the ability to carry out the related courses of action.

3. Events after the balance sheet date relevant to accounting (§ 252 Abs. 1 Nr. [no.] 4 HGB)

[X] did not occur.

[ ] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

4. Special circumstances which could adversely affect the continuation of the entity as a going concern or the presentation of a true and fair view of the entity's net assets, financial position and results of operations (§ 264 Abs. 2 HGB)

[X] do not exist.

[ ] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

5. A list of

[X] all entities in which ownership interests were held and/or which held ownership interests during the financial year (§ 271 Abs. 1 HGB),

[X] all entities with which the entity had a parent/subsidiary relationship [hereinafter referred to as affiliated entities] during the financial year (§ 271 Abs. 2 HGB),

[X] all other related entities and persons [related parties] ²

has been submitted you.

6. I (we) have disclosed to you all transactions with related parties of which I am (we are) aware.

7. Material transactions with related parties, which have not been conducted on terms equivalent to those prevailing in arm's length transactions, including the amounts of such transactions, the nature of the related party relationship as well as other information about the transactions necessary for an assessment of the financial position (§ 285 Nr. 21 HGB),

[X] do not exist.

[ ] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

² Pursuant to Article 43 paragraph 1 no. 7 b of the EC Accounting Directive in the form of the amending Council Directive the term "related parties" has the same meaning as in the International Accounting Standards adopted in accordance with the IAS directive, i.e. currently IAS 24 in the version applicable in the EU; cf. preamble of the government draft of the BilMoG, BT-Drs. 16/10067, page 72.

8. On the balance sheet date, liabilities resulting from the issuance and endorsement of bills, from guarantees, warranties on bills and cheques and from guarantee agreements as well as contingencies from providing collateral for third-party liabilities (§ 251, § 268 Abs. 7 HGB)

[X] did not exist.

[ ] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

9. Contracts benefiting third parties (e.g. letters of comfort issued) which are not evident in the Annual Financial Statements

[X] did not exist on the balance sheet date.

[ ] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

10. Return obligations affecting assets recognized in the balance sheet as well as return obligations for assets not recognized in the balance sheet (§ 340 b HGB)

[X] did not exist on the balance sheet date.

[ ] have been disclosed to you completely in writing or stated in section E or appendix hereto.

11. Derivative financial instruments (e.g. foreign currency-, interest-, stock- or index-related options and futures, commodity futures, futures, swaps, forward rate agreements and forward forward deposits; § 285 Nr. 19 HGB), including those that are part of structured financial instruments

[X] not exist on the balance sheet date.

[ ] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

12. Valuation units pursuant to § 254 HGB

[X] were not established.

[ ] have been disclosed to you completely in writing or stated in section E or appendix hereto.

13. Transactions that are not included in the balance sheet but are essential for assessing the financial position or that could become so (e.g. factoring, reverse purchase transactions, agreements as to consignment inventory, securitization via special purpose entities that are not legal entities, pledging of assets, operating leasing contracts and also outsourcing of operations or functions; § 285 Nr. 3 HGB)

[X] did not exist on the balance sheet date.

[ ] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

14. Type, purpose, risks and benefits of transactions under no. 13, to the extent they are essential for assessing the financial position, have been disclosed to you completely in writing or are stated in section E or appendix hereto.

15. Contracts, to the extent not already mentioned under no. 13, that are or might be significant for the assessment of the entity's financial position due to their subject matter, duration, possible contractual penalties or some other reasons (e.g. contracts with suppliers, customers and affiliated entities as well as syndicate, pension, option, bidding, leasing, trust contracts providing for settlement out of profits)

[X] did not exist on the balance sheet date.

[ ] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

16. The financial commitments arising from contracts mentioned under no. 15 as well as other material financial commitments (e.g. from general overhauls) - insofar as not required to be disclosed in the notes pursuant to § 251, § 268 Abs. 7 or § 285 Nr. 3 HGB - (§ 285 Nr. 3a HGB) have been disclosed to you completely in writing or are stated in section E or appendix hereto.

17. Litigation and other disputes significant for the assessment of the entity's financial position

[X] were not pending on either the balance sheet date or the date of this letter.

[ ] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

18. Other violations of statutory regulations and supplementary provisions of the shareholders agreement or the articles of incorporation which could be significant to the content of the Annual Financial Statements or presentation of the net assets, financial position and results of operations pursuant to § 264 Abs. 2 HGB

[X] not occur.

[ ] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

Only to be answered in respect of partnerships pursuant to § 264a HGB and limited liability companies:

19. Loans, receivables due from and liabilities (including contingencies) due to associated companies or undertakings in which participating interests are held

[ ] did not exist on the balance sheet date.

[X] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

20. Collateralisation rendered for liabilities (including contingencies) via liens or similar rights (§ 285 Nr. 1 Buchstabe [letter] b) HGB)

[ ] did not exist on the balance sheet date.

[X] has been disclosed to you completely in writing or are stated in section E or appendix hereto.

21. Guaranteed monetary advances, loans granted as well as contingencies assumed for members of the management body, supervisory body, advisory committee or a similar body (§ 285 Nr. 9 Buchstabe c) HGB),

[X] did not exist on the balance sheet date.

[ ] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

D. Further details for specific entities

Only to be answered in respect of partnerships pursuant to § 264a HGB and limited liability companies:

1. Loans, receivables due from and liabilities due to partners / shareholders (§ 264c Abs. 1 HGB, § 42 Abs. 3 GmbHG ["Gesetz betreffend die Gesellschaften mit beschränkter Haftung" German Limitied Liability Companies Act])

[ ] did not exist on the balance sheet date.

[X] have been disclosed to you completely in writing or are stated in section E or appendix hereto.

Only to be answered in respect of not publicly listed companies limited by shares, partnerships limited by shares (KGaA) and European public companies (SE):

E. Other Information and Comments

N/A

Supplementary modules

Company stamp

BARRY GATENBY, Director

Shareholders Resolution of Jones Engineering Group Germany GmbH

H.A O'Neill Ltd., being represented by its Directors undersigned, are the sole shareholders of Jones Engineering Group Germany GmbH and hereby hold a shareholders meeting to resolve the following:

1.	The financial statements of the Company for the fiscal year ended 31 December 2022 are hereby adopted.
2.	The resolution of the appropriation of the net result for the year has been decided to carry forward in the amount of €160,414.32 to a new account.
3.	The discharge of responsibilities of the Managing Directors for the financial year 2022.
4.	The shareholders granted the Managing Directors release from responsibilities for acts of the Company for the fiscal year 2022.

5th September 2023

Barry Gatenby

Stephen McCabe