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REGISTERED NUMBER: 03858872 (England and Wales)

| FELDER UK LIMITED |

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2024 |

| FELDER UK LIMITED (REGISTERED NUMBER: 03858872) |

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 December 2024

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| FELDER UK LIMITED |

COMPANY INFORMATION

for the Year Ended 31 December 2024

| DIRECTOR: | J G Felder

| SECRETARY: | M Felder

| REGISTERED OFFICE: | 5 Imperial Court

| Laporte Way

| Luton

| Bedfordshire

| LU4 8FE

| REGISTERED NUMBER: | 03858872 (England and Wales)

| AUDITORS: | Miller & Co

| Chartered Accountants

| Statutory Auditors

| 5 Imperial Court

| Laporte Way

| Luton

| Bedfordshire

| LU4 8FE

| BANKERS: | National Westminster Bank plc

| 501 Silbury Boulevard

| Milton Keynes

| Buckinghamshire

| MK9 3ER

| FELDER UK LIMITED (REGISTERED NUMBER: 03858872) |

STATEMENT OF FINANCIAL POSITION

31 December 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 171,066 |  | 225,059 |  |

CURRENT ASSETS

Stocks | 1,440,792 |  | 1,329,707 |  |

Debtors | 6 | 950,130 |  | 1,085,735 |  |

Cash at bank and in hand | 504,033 |  | 513,010 |  |

2,894,955 |  | 2,928,452 |  |

CREDITORS

Amounts falling due within one year | 7 | 4,026,603 |  | 3,543,151 |  |

NET CURRENT LIABILITIES | (1,131,648 | ) | (614,699 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (960,582 | ) | (389,640 | ) |

CAPITAL AND RESERVES

Called up, paid and allotted share capital | 1 |  | 1 |  |

Retained earnings | (960,583 | ) | (389,641 | ) |

SHAREHOLDERS' FUNDS | (960,582 | ) | (389,640 | ) |

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 director and authorised for issue on 27 January 2026 and were signed by:

J G Felder - Director

| FELDER UK LIMITED (REGISTERED NUMBER: 03858872) |

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Felder 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, rounded to the nearest pound.

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.

| The company made a loss for the year of £570,942 and had net liabilities of £960,582 at the year end.

| The company has received financial support during the year from its parent company, Felder KG, by way of intercompany loans and at the year end the parent was owed £3,303,173.The company did however have positive cash and bank balances of £504,033 at the year end. With these cash reserves and the continued support of its parent company, the company expects to meet its commitments as they fall due. The parent undertaking has confirmed that it is committed to Felder UK Limited and will continue to financially support it.

| After making enquiries the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly he continues to adopt the going concern basis in preparing the annual financial statements.

| Income recognition

| Income is recognised when goods/services have been delivered to customers such that risks and rewards of ownership have transferred to them.

| 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 and 20% on cost

| Fixtures and fittings | - | 20% on cost

| Motor vehicles | - | 20% on cost

| Computer equipment | - | 33% 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

| 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.

| FELDER UK LIMITED (REGISTERED NUMBER: 03858872) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 December 2024

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 49 (2023 - 45 ) .

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2024 | 255,521 |  | 178,321 |  | 194,949 |  | 91,052 |  | 719,843 |  |

| Additions | 5,505 |  | 12,446 |  | - |  | 7,334 |  | 25,285 |  |

| Disposals | - |  | - |  | (41,805 | ) | - |  | (41,805 | ) |

| At 31 December 2024 | 261,026 |  | 190,767 |  | 153,144 |  | 98,386 |  | 703,323 |  |

| DEPRECIATION

| At 1 January 2024 | 188,890 |  | 129,976 |  | 96,708 |  | 79,210 |  | 494,784 |  |

| Charge for year | 13,702 |  | 13,780 |  | 21,400 |  | 11,031 |  | 59,913 |  |

| Eliminated on disposal | - |  | - |  | (22,440 | ) | - |  | (22,440 | ) |

| At 31 December 2024 | 202,592 |  | 143,756 |  | 95,668 |  | 90,241 |  | 532,257 |  |

| NET BOOK VALUE

| At 31 December 2024 | 58,434 |  | 47,011 |  | 57,476 |  | 8,145 |  | 171,066 |  |

| At 31 December 2023 | 66,631 |  | 48,345 |  | 98,241 |  | 11,842 |  | 225,059 |  |

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

2024 | 2023 |

£ | £ |

| Trade debtors | 779,998 |  | 941,034 |  |

| Other debtors | 13,068 |  | 10,363 |  |

| Prepayments and accrued income | 157,064 |  | 134,338 |  |

950,130 |  | 1,085,735 |  |

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

2024 | 2023 |

£ | £ |

| Trade creditors | 53,792 |  | 79,290 |  |

| Amounts owed to group undertakings | 3,303,173 |  | 2,587,488 |  |

| Taxation and social security | 207,945 |  | 249,907 |  |

| Other creditors | 461,693 |  | 626,466 |  |

4,026,603 |  | 3,543,151 |  |

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

| The Report of the Auditors was unqualified.

| S Healy (Senior Statutory Auditor)

| for and on behalf of Miller & Co

| FELDER UK LIMITED (REGISTERED NUMBER: 03858872) |

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 December 2024

9. | OTHER FINANCIAL COMMITMENTS

| Total financial commitments which are not included in the balance sheet amount to £533,530 (2023: £506,046).

10. | RELATED PARTY DISCLOSURES

| The company is controlled by Felder KG, an Austrian limited partnership.

| During the year the company purchased goods and services totalling £7,579,922 (2023 £6,603,583) from Felder KG.

11. | ULTIMATE CONTROLLING PARTY

| The share capital of the company is wholly owned by Felder KG, a limited partnership registered in Austria with Mr J Felder as the general partner controlling the business. The registered office address is KR-Felder-Str. 1, 6060 Hall in Tirol Austria.