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REGISTERED NUMBER: 04234721 (England and Wales)









Financial Statements

for the Year Ended 31 December 2024

for

DALLMEIER ELECTRONIC UK LIMITED

DALLMEIER ELECTRONIC UK LIMITED (REGISTERED NUMBER: 04234721)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DALLMEIER ELECTRONIC UK LIMITED

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: J Walker
T Dallmeier





SECRETARY: T Boon





REGISTERED OFFICE: Dallmeier House
3 Beaufort Trade Park
Pucklechurch
Bristol
BS16 9QH





REGISTERED NUMBER: 04234721 (England and Wales)





AUDITORS: Gravita Audit Western Limited
Chartered Accountants and Statutory Auditors
Bath House
6-8 Bath Street
Bristol
BS1 6HL

DALLMEIER ELECTRONIC UK LIMITED (REGISTERED NUMBER: 04234721)

Balance Sheet
31 DECEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 33,291 16,059

CURRENT ASSETS
Stocks 190,657 236,200
Debtors 5 342,744 1,204,811
Prepayments and accrued income 121,774 94,543
Cash at bank and in hand 484,049 363,920
1,139,224 1,899,474
CREDITORS
Amounts falling due within one year 6 (833,455 ) (1,531,947 )
NET CURRENT ASSETS 305,769 367,527
TOTAL ASSETS LESS CURRENT
LIABILITIES

339,060

383,586

CREDITORS
Amounts falling due after more than one
year

7

(120,000

)

(240,000

)

PROVISIONS FOR LIABILITIES (7,428 ) (2,923 )
NET ASSETS 211,632 140,663

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 201,632 130,663
SHAREHOLDERS' FUNDS 211,632 140,663

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:




T Dallmeier - Director



J Walker - Director


DALLMEIER ELECTRONIC UK LIMITED (REGISTERED NUMBER: 04234721)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2024


1. COMPANY INFORMATION

Dallmeier Electronic 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.

The company's principal trading activity is that of the marketing, selling and support of video surveillance solutions.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to operate the going concern basis of accounting in preparing the financial statements.

Related party exemption
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 its parent of which the company is a wholly owned subsidiary.

Turnover
Turnover represents the total commissions received from the company's parent in respect of sales generated in the UK, as well as invoices relating to maintenance and the sale of stock.

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

Plant and machinery - 33% on cost and 25% on cost
Motor vehicles - 25% on cost
Leasehold properties - straight line over the life of the lease

Stocks
Stocks are stated at the lower of cost and net realisable value. Cost comprises direct materials and where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution. Provisions against obsolete and slow moving stock is made when it becomes apparent the net realisable value has fallen below the cost value.

DALLMEIER ELECTRONIC UK LIMITED (REGISTERED NUMBER: 04234721)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include trade and other debtors, amounts due from group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors and amounts due to group undertakings are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

DALLMEIER ELECTRONIC UK LIMITED (REGISTERED NUMBER: 04234721)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued

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.

Leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Long Plant and
leasehold machinery Totals
£    £    £   
COST
At 1 January 2024 64,069 122,758 186,827
Additions - 32,999 32,999
Disposals - (96,943 ) (96,943 )
At 31 December 2024 64,069 58,814 122,883
DEPRECIATION
At 1 January 2024 64,069 106,699 170,768
Charge for year - 14,945 14,945
Eliminated on disposal - (96,121 ) (96,121 )
At 31 December 2024 64,069 25,523 89,592
NET BOOK VALUE
At 31 December 2024 - 33,291 33,291
At 31 December 2023 - 16,059 16,059

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 342,744 1,204,811

DALLMEIER ELECTRONIC UK LIMITED (REGISTERED NUMBER: 04234721)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 23,093 45,267
Amounts owed to group undertakings 548,756 1,089,199
Tax 29,985 23,168
VAT 151,895 172,072
Other creditors 30,376 -
Accruals and deferred income 49,350 202,241
833,455 1,531,947

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Amounts owed to group undertakings 120,000 240,000

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 36,500 36,500
Between one and five years 146,000 94,292
In more than five years 94,292 -
276,792 130,792

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

The Report of the Auditors was unqualified.

Matthew Bracher BSc FCA (Senior Statutory Auditor)
for and on behalf of Gravita Audit Western Limited

10. 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 its parent of which the company is a wholly owned subsidiary.

11. ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is Dallmeier electronic International GmbH, a company registered in Switzerland. This company is controlled by T Dallmeier.