REGISTERED NUMBER: 01660270 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

GALLAGHER POWER FENCE (U.K.) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Andeweg-Kleijburg

K D Betham

REGISTERED OFFICE:

Curriers Close

Canley

Coventry

West Midlands

CV4 8AW

REGISTERED NUMBER:

01660270 (England and Wales)

AUDITORS:

Dafferns Audit Limited

Chartered Accountants

Statutory Auditor

One Eastwood

Harry Weston Road

Binley Business Park

Coventry

CV3 2UB

FIXED ASSETS

Tangible assets

5

65,700

75,176

CURRENT ASSETS

Stocks

458,379

477,312

Debtors

6

660,266

535,113

Cash at bank

-

12,438

1,118,645

1,024,863

CREDITORS

Amounts falling due within one year

7

338,711

316,887

NET CURRENT ASSETS

779,934

707,976

TOTAL ASSETS LESS CURRENT LIABILITIES

845,634

783,152

CAPITAL AND RESERVES

Called up share capital

9

205,912

205,912

Retained earnings

639,722

577,240

SHAREHOLDERS' FUNDS

845,634

783,152

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

M Andeweg-Kleijburg - Director

1.	STATUTORY INFORMATION

Gallagher Power Fence (U.K.) 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 presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, typically on dispatch of the goods.

Income arising from recharged services to group entities is recognised within turnover. Previously this was included within management charges, but the policy has been updated this year to include these amounts as turnover. Income of £100,676 in the prior year was reclassified from administrative expenses to turnover accordingly.

Tangible fixed assets

Tangible fixed assets are recognised at cost and subsequently measured under the historical cost model being cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes any direct expenditure incurred to bring the asset to its current location and condition necessary for the asset to work as intended by management.

Repairs and maintenance costs are charged to the statement of comprehensive income in the period in which they are incurred.

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

Short leasehold

- Straight line over period of lease

Improvement to leasehold property

- 10% on cost

Plant & machinery

- 10% on cost

Motor vehicles

- 20% on cost

Any gains and losses on the disposal of tangible fixed assets are recognised in the statement of comprehensive income in the year that the disposal takes place.

Stocks

Stocks are valued at the lower of cost or net realisable value, after making due allowance for obsolete and slow moving items. Cost is determined by maintaining stock on a first-in, first-out basis.

Financial instruments

Basic financial instruments in debtors and creditors with no stated interest rate, and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

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.

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.

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.

The assets of the scheme are held separately from those of the company in independently administered funds.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 8 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 July 2024

and 30 June 2025

133,801

87,978

221,779

DEPRECIATION

At 1 July 2024

80,977

65,626

146,603

Charge for year

1,542

7,934

9,476

At 30 June 2025

82,519

73,560

156,079

NET BOOK VALUE

At 30 June 2025

51,282

14,418

65,700

At 30 June 2024

52,824

22,352

75,176

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

493,575

525,085

Other debtors

600

1,500

Amounts due from Gallagher

Europe B.V

161,391

3,028

Deferred tax asset

4,700

5,500

660,266

535,113

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

194

-

Trade creditors

73,463

55,260

Tax

24,528

21,306

Social security and other taxes

3,718

5,227

VAT

204,687

206,298

Other creditors

830

1,105

Accrued expenses

31,291

27,691

338,711

316,887

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

10,350

10,350

Between one and five years

41,400

41,400

In more than five years

324,300

334,650

376,050

386,400

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

205,912

Ordinary

£1

205,912

205,912

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

The Report of the Auditors was unqualified.

Lucy Hatton FCCA (Senior Statutory Auditor)

for and on behalf of Dafferns Audit Limited

11.	ULTIMATE PARENT COMPANY

The company's immediate parent company is Gallagher Europe B.V. a company incorporated in the Netherlands, registered address Bornholmstraat 62 A, 9723 AZ Groningen, the Netherlands. At 30 June 2025, the smallest group in which the results of the company are consolidated is that headed by Gallagher Europe B.V.

The ultimate controlling party and company is Gallagher Holdings Limited, a company incorporated in New Zealand. At 30 June 2025, the largest group in which the results of the company are consolidated is that headed by Gallagher Holdings Limited.

Copies of the consolidated financial statements are available from Gallagher Holdings Limited, 181 Kahikatea Drive, Melville, Hamilton, 3206.

12.	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.