REGISTERED NUMBER: 02995690 (England and Wales)

Gregal (UK) Limited

Audited Financial Statements

for the Year Ended 30 September 2025

Page

Company information

1

Statement of financial position

2

Notes to the financial statements

3

to

7

Directors:

F Lopez Blasco

J A Saura

Registered office:

Stephenson Avenue

Spalding

Lincolnshire

PE11 3SW

Registered number:

02995690 (England and Wales)

Auditors:

Moore Thompson

Bank House

Broad Street

Spalding

Lincolnshire

PE11 1TB

Fixed assets

Tangible assets

5

2,324

770

Current assets

Debtors

6

1,233,069

768,048

Cash at bank and in hand

436,852

575,294

1,669,921

1,343,342

Creditors

Amounts falling due within one year

7

1,367,434

1,032,945

Net current assets

302,487

310,397

Total assets less current liabilities

304,811

311,167

Provisions for liabilities

9

487

98

Net assets

304,324

311,069

Capital and reserves

Called up share capital

10

100

100

Retained earnings

304,224

310,969

Shareholders' funds

304,324

311,069

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 income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2025 and were signed on its behalf by:

F Lopez Blasco - Director

1.	Statutory information

Gregal (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 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.

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the

Company and the revenue can be reliably measured. Revenue is measured as the fair value of the

consideration received or receivable, excluding discounts, rebates, value added tax and other sales

taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

- the Company has transferred the significant risks and rewards of ownership to the buyer;

- the Company retains neither continuing managerial involvement to the degree usually

associated with ownership nor effective control over the goods sold;

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the transaction; and

- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated

depreciation and any accumulated impairment losses. Historical cost includes expenditure that is

directly attributable to bringing the asset to the location and condition necessary for it to be capable of

operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their

estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures, fittings and office equipment

-

25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted

prospectively if appropriate, or if there is an indication of a significant change since the last reporting

date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount

and are recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange

rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary

items measured at historical cost are translated using the exchange rate at the date of the

transaction and non-monetary items measured at fair value are measured using the exchange rate

when fair value was determined.

Operating leases

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

lease term.

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.

4.	Employees and directors

The average number of employees during the year was 5 (2024 - 5 ) .

5.	Tangible fixed assets

Fixtures,

fittings

and

office

equipment

£

Cost

At 1 October 2024

1,493

Additions

2,098

At 30 September 2025

3,591

Depreciation

At 1 October 2024

723

Charge for year

544

At 30 September 2025

1,267

Net book value

At 30 September 2025

2,324

At 30 September 2024

770

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

1,199,091

751,353

VAT

27,214

13,622

Prepayments and accrued income

6,764

3,073

1,233,069

768,048

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

535,829

453,561

Amounts owed to group undertakings

616,821

362,112

Corporation tax

60,765

64,357

Social security and other taxes

14,901

10,111

Accruals and deferred income

139,118

142,804

1,367,434

1,032,945

8.	Leasing agreements

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

2025

2024

£

£

Within one year

17,500

16,500

Between one and five years

9,000

26,500

26,500

43,000

9.	Provisions for liabilities

2025

2024

£

£

Deferred tax

487

98

Deferred

tax

£

Balance at 1 October 2024

98

Provided during year

389

Balance at 30 September 2025

487

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.	Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the auditors was unqualified.

Matt Storey FCCA ACA BFP (Senior Statutory Auditor)

for and on behalf of Moore Thompson

12.	Related parties

The ultimate parent undertaking and controlling related party of this company is Gregal Sociedad Co-operativa which is registered in Spain at the following address: Carril Los Perez, Torre Pacheco, Murcia, Spain, 30700.