IRIS Accounts Production v25.1.4.42 03869655 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 28/5/2025 false true false false true false Auditors Opinion Ordinary 1.00000 Redeemable Preference 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03869655 2024-03-31 03869655 2025-03-31 03869655 2024-04-01 2025-03-31 03869655 2023-03-31 03869655 2023-04-01 2024-03-31 03869655 2024-03-31 03869655 ns15:EnglandWales 2024-04-01 2025-03-31 03869655 ns14:PoundSterling 2024-04-01 2025-03-31 03869655 ns10:Director1 2024-04-01 2025-03-31 03869655 ns10:Director2 2024-04-01 2025-03-31 03869655 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03869655 ns10:SmallEntities 2024-04-01 2025-03-31 03869655 ns10:Audited 2024-04-01 2025-03-31 03869655 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 03869655 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03869655 ns10:FullAccounts 2024-04-01 2025-03-31 03869655 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 03869655 ns10:OrdinaryShareClass2 2024-04-01 2025-03-31 03869655 ns10:RegisteredOffice 2024-04-01 2025-03-31 03869655 ns5:CurrentFinancialInstruments 2025-03-31 03869655 ns5:CurrentFinancialInstruments 2024-03-31 03869655 ns5:ShareCapital 2025-03-31 03869655 ns5:ShareCapital 2024-03-31 03869655 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 03869655 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 03869655 ns5:PlantMachinery 2024-04-01 2025-03-31 03869655 ns5:FurnitureFittings 2024-04-01 2025-03-31 03869655 ns5:PlantMachinery 2024-03-31 03869655 ns5:FurnitureFittings 2024-03-31 03869655 ns5:PlantMachinery 2025-03-31 03869655 ns5:FurnitureFittings 2025-03-31 03869655 ns5:PlantMachinery 2024-03-31 03869655 ns5:FurnitureFittings 2024-03-31 03869655 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 03869655 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 03869655 ns5:Non-currentFinancialInstruments 2025-03-31 03869655 ns5:Non-currentFinancialInstruments 2024-03-31 03869655 ns10:OrdinaryShareClass1 2025-03-31 03869655 ns10:OrdinaryShareClass2 2025-03-31 03869655 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 03869655 ns5:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31

REGISTERED NUMBER: 03869655 (England and Wales)

| Financial Statements |

| for the Year Ended 31st March 2025 |

| for |

| WAGNER UK LIMITED |

| WAGNER UK LIMITED (REGISTERED NUMBER: 03869655) |

Contents of the Financial Statements

for the year ended 31st March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| WAGNER UK LIMITED |

Company Information

for the year ended 31st March 2025

| DIRECTORS: | C R Bryan

| A Schober

| REGISTERED OFFICE: | 1 Tower House

| Tower Centre

| Hoddesdon

| Hertfordshire

| EN11 8UR

| REGISTERED NUMBER: | 03869655 (England and Wales)

| AUDITORS: | Kendall Wadley LLP, Statutory Auditor

| Chartered Accountants

| Granta Lodge

| 71 Graham Road

| Malvern

| WR14 2JS

| WAGNER UK LIMITED (REGISTERED NUMBER: 03869655) |

Balance Sheet

31st March 2025

| 31/3/25 | 31/3/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 100,180 |  | 26,845 |  |

CURRENT ASSETS

Stocks | 806,586 |  | 871,734 |  |

Debtors | 5 | 5,591,666 |  | 5,919,334 |  |

Cash at bank | 1,139,213 |  | 1,057,854 |  |

7,537,465 |  | 7,848,922 |  |

CREDITORS

Amounts falling due within one year | 6 | 4,383,841 |  | 4,543,224 |  |

NET CURRENT ASSETS | 3,153,624 |  | 3,305,698 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,253,804 |  | 3,332,543 |  |

PROVISIONS FOR LIABILITIES | 25,045 |  | 6,711 |  |

NET ASSETS | 3,228,759 |  | 3,325,832 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 1,423,271 |  | 1,423,271 |  |

Retained earnings | 9 | 1,805,488 |  | 1,902,561 |  |

SHAREHOLDERS' FUNDS | 3,228,759 |  | 3,325,832 |  |

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 28th May 2025 and were signed on its behalf by:

C R Bryan - Director

A Schober - Director

| WAGNER UK LIMITED (REGISTERED NUMBER: 03869655) |

Notes to the Financial Statements

for the year ended 31st March 2025

1. | STATUTORY INFORMATION

| Wagner 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

| 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.

| Preparation of consolidated financial statements

| The company's results are included in the consolidated financial statements of its parent, Wagner Group GmbH, Schleswigstraße 1-5 30853 Langenhagen.

| 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 wholly owned subsidiaries within the group.

| 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 on dispatch.

| 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 | - | 25% on cost

| Fixtures and fittings | - | 50% on cost, 33% on cost, 25% on cost and 20% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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.

| WAGNER UK LIMITED (REGISTERED NUMBER: 03869655) |

Notes to the Financial Statements - continued

for the year ended 31st March 2025

2. | ACCOUNTING POLICIES - continued

| Hire purchase and 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 19 (2024 - 16 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |

| machinery |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1st April 2024 | 962 |  | 61,218 |  | 62,180 |  |

| Additions | 25,222 |  | 89,640 |  | 114,862 |  |

| Disposals | - |  | (5,172 | ) | (5,172 | ) |

| At 31st March 2025 | 26,184 |  | 145,686 |  | 171,870 |  |

| DEPRECIATION

| At 1st April 2024 | 961 |  | 34,374 |  | 35,335 |  |

| Charge for year | 6,306 |  | 34,024 |  | 40,330 |  |

| Eliminated on disposal | - |  | (3,975 | ) | (3,975 | ) |

| At 31st March 2025 | 7,267 |  | 64,423 |  | 71,690 |  |

| NET BOOK VALUE

| At 31st March 2025 | 18,917 |  | 81,263 |  | 100,180 |  |

| At 31st March 2024 | 1 |  | 26,844 |  | 26,845 |  |

5. | DEBTORS

| 31/3/25 |  | 31/3/24

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 1,315,298 |  | 1,891,586 |  |

| Amounts recoverable on contract | 4,137,021 |  | 3,914,129 |  |

| Other debtors | 42,305 |  | 15,490 |  |

| Tax | 3,037 |  | - |  |

| Prepayments | 94,005 |  | 68,909 |  |

5,591,666 |  | 5,890,114 |  |

| WAGNER UK LIMITED (REGISTERED NUMBER: 03869655) |

Notes to the Financial Statements - continued

for the year ended 31st March 2025

5. | DEBTORS - continued

| 31/3/25 |  | 31/3/24

£ | £ |

| Amounts falling due after more than one year:

| Trade debtors | - |  | 29,220 |  |

| Aggregate amounts | 5,591,666 |  | 5,919,334 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/3/25 |  | 31/3/24

£ | £ |

| Trade creditors | 181,722 |  | 258,469 |  |

| Amounts owed to group undertakings | 336,819 |  | 118,320 |  |

| Tax | - |  | 347,169 |  |

| Social security and other taxes | 34,254 |  | 40,081 |  |

| VAT | 137,543 |  | 260,446 |  |

| Other creditors | 6,847 |  | 29,603 |  |

| Deferred income | 3,421,397 |  | 3,292,815 |  |

| Accrued expenses | 265,259 |  | 196,321 |  |

4,383,841 |  | 4,543,224 |  |

7. | LEASING AGREEMENTS

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

|  | 31/03/25 |  | 31/03/24 |  |

| £ |  | £ |  |

| Within one year |  | 149,311 |  | 95,210 |  |

| Between two and five years |  | 260,868 |  | 120,045 |  |

|  | 410,179 |  | 215,255 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31/3/25 |  | 31/3/24

| value: | £ | £ |

| 1,000,001 | Ordinary | £1 | 1,000,001 |  | 1,000,001 |  |

| 423,270 | Redeemable Preference | £1 | 423,270 |  | 423,270 |  |

1,423,271 |  | 1,423,271 |  |

| WAGNER UK LIMITED (REGISTERED NUMBER: 03869655) |

Notes to the Financial Statements - continued

for the year ended 31st March 2025

9. | RESERVES

| Retained

| earnings

£ |

| At 1st April 2024 | 1,902,561 |  |

| Profit for the year | 702,928 |  |

| Dividends | (800,001 | ) |

| At 31st March 2025 | 1,805,488 |  |

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

| The Report of the Auditors was unqualified.

| Sarah Morley BA (Hons) ACA (Senior Statutory Auditor)

| for and on behalf of Kendall Wadley LLP, Statutory Auditor