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COMPANY REGISTRATION NUMBER: 02260566

Disc-Lock Europe Limited

Filleted Unaudited Financial Statements

30 September 2025

Disc-Lock Europe Limited

Financial Statements

Year ended 30 September 2025

Contents | Pages

Balance sheet | 1 to 2

Notes to the financial statements | 3 to 6

Disc-Lock Europe Limited

Balance Sheet

30 September 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 4 | 4,724 | 370

Current assets

Stocks | 142,128 | 210,635
Debtors | 5 | 711,563 | 709,753
Cash at bank and in hand | 449,393 | 334,057
| ------------ | ------------
| 1,303,084 | 1,254,445

Creditors: amounts falling due within one year | 6 | 240,541 | 276,730
| ------------ | ------------
Net current assets | 1,062,543 | 977,715
| ------------ | ---------
Total assets less current liabilities | 1,067,267 | 978,085
| ------------ | ---------
Net assets | 1,067,267 | 978,085
| ------------ | ---------

Capital and reserves

Called up share capital | 100 | 100
Profit and loss account | 1,067,167 | 977,985
| ------------ | ---------
Shareholders funds | 1,067,267 | 978,085
| ------------ | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss has not been delivered.
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Disc-Lock Europe Limited

Balance Sheet (continued)

30 September 2025
These financial statements were approved by the board of directors and authorised for issue on 15 January 2026 , and are signed on behalf of the board by:

Mr T Stokes |
Director |

Company registration number: 02260566

Disc-Lock Europe Limited

Notes to the Financial Statements

Year ended 30 September 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The company registered address is TCB House, Clywedog Road South, Wrexham Industrial Estate, Wrexham, Clwyd, LL13 9XS. The company registration number is 02260566 .
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.
Judgements and key sources of estimation uncertainty
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows: As described in the accounting policies of the financial statements, depreciation of tangible assets has been based on estimated useful lives and residual values deemed appropriate by the directors. Estimated useful lives and residual values are reviewed annually and revised as appropriate. Revisions take in to account actual asset lives and residual values as evidenced by disposals during current and prior accounting periods.
Revenue recognition
The turnover in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax. Turnover comprises the value of sales (exclusive of VAT and trade discounts) of goods and services provided in the normal course of business. Revenue is recognised when goods are despatched, which is the same day on which goods are delivered and hence the point at which the risks and rewards of ownership pass to the buyer.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 20% straight line
| Computer Equipment | - | 20% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, and other costs incurred in bringing the stock to its present location and condition. Estimated selling price is the estimated proceeds from the sale of stock items, less all future costs to completion, costs to be incurred in marketing, selling and distributing.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. The basic financial instruments of the company are as follows: Debtors Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired. Cash at bank and in hand This comprises cash at bank and cash in hand. Trade creditors Trade creditors are not interest bearing and are stated at their nominal value.
4. Tangible assets

| Plant and machinery | Equipment | Total
| £ | £ | £
Cost |  |  |
At 1 October 2024 | – | 694 | 694
Additions | 5,034 | 416 | 5,450
| ------- | ------- | -------
At 30 September 2025 | 5,034 | 1,110 | 6,144
| ------- | ------- | -------
Depreciation |  |  |
At 1 October 2024 | – | 324 | 324
Charge for the year | 923 | 173 | 1,096
| ------- | ------- | -------
At 30 September 2025 | 923 | 497 | 1,420
| ------- | ------- | -------
Carrying amount |  |  |
At 30 September 2025 | 4,111 | 613 | 4,724
| ------- | ------- | -------
At 30 September 2024 | – | 370 | 370
| ------- | ------- | -------

5. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 125,940 | 111,029
Other debtors | 585,623 | 598,724
| --------- | ---------
| 711,563 | 709,753
| --------- | ---------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 12,225 | 4,688
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 189,665 | 250,456
Corporation tax | 28,276 | 19,618
Social security and other taxes | 2,540 | –
Other creditors | 7,835 | 1,968
| --------- | ---------
| 240,541 | 276,730
| --------- | ---------

7. Controlling party
The company was 100% owned by Connect One Ltd, a company incorporated in England and Wales, at the balance sheet date.
8. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1).