REGISTERED NUMBER: 02402340 (England and Wales)

Audited Financial Statements

for the Year Ended 31 December 2025

for

Diehl Metering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms S Varga

Mr N Meniai

SECRETARY:

Ms S Varga

REGISTERED OFFICE:

D131 Dean Clough

HALIFAX

West Yorkshire

HX3 5AX

REGISTERED NUMBER:

02402340 (England and Wales)

AUDITORS:

Nicholsons Audit (Statutory Auditor)

Newland House

The Point

Weaver Road

LINCOLN

Lincolnshire

LN6 3QN

BANKERS:

BNP Paribas

10 Harewood Avenue

LONDON

NW1 6AA

FIXED ASSETS

Tangible assets

4

2,651

2,453

CURRENT ASSETS

Debtors

5

183,448

149,576

Cash at bank

177,297

152,302

360,745

301,878

CREDITORS

Amounts falling due within one year

6

104,318

74,902

NET CURRENT ASSETS

256,427

226,976

TOTAL ASSETS LESS CURRENT LIABILITIES

259,078

229,429

PROVISIONS FOR LIABILITIES

663

613

NET ASSETS

258,415

228,816

CAPITAL AND RESERVES

Called up share capital

7

30,000

30,000

Retained earnings

228,415

198,816

SHAREHOLDERS' FUNDS

258,415

228,816

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 16 April 2026 and were signed on its behalf by:

Ms S Varga - Director

1.	STATUTORY INFORMATION

Diehl Metering 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.

Turnover

Turnover represents operating costs incurred by the company recharged to a group company and recognised at the time those costs are incurred, excluding value added tax.

Tangible fixed assets

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

Office equipment

-

15% on reducing balance

Financial instruments

Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments.

Cash at bank is classified as a basic financial instrument and is measured at transaction price.

Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments and are measured at amortised cost. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payments, discounted at a market rate of interest.

Deferred income is not deemed to be a financial liability, as the cash settlement has already taken place and there is an obligation to deliver services rather than cash or another financial instrument.

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.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 January 2025

9,674

Additions

588

At 31 December 2025

10,262

DEPRECIATION

At 1 January 2025

7,221

Charge for year

390

At 31 December 2025

7,611

NET BOOK VALUE

At 31 December 2025

2,651

At 31 December 2024

2,453

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

120,881

107,587

Other debtors

-

3,300

VAT

6,718

4,988

Accrued income

48,970

15,493

Prepayments

6,879

18,208

183,448

149,576

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

9,999

15,252

Tax

3,124

1,692

Social security and other taxes

41,869

33,693

Other creditors

5,392

5,781

Accruals and deferred income

43,934

18,484

104,318

74,902

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

30,000

Ordinary

£1

30,000

30,000

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

The Report of the Auditors was unqualified.

Joanne Brown (Senior Statutory Auditor)

for and on behalf of Nicholsons Audit (Statutory Auditor)

9.	RELATED PARTY DISCLOSURES

During the year the company entered into transactions with group companies. Turnover £1,086,390 (2024: £922,253), expenses £36,271 (2024: nil). Included within debtors is an amount owed by the connected company of £120,881 (2024: £107,587).

10.	ULTIMATE CONTROLLING PARTY

The shares are owned 100% by Diehl Metering GmbH who are controlled by Diehl Stiftung & Co KG.

11.	IMMEDIATE AND ULTIMATE PARENT COMPANY

The immediate parent company is Diehl Metering GmbH.

The directors regard Diehl Stiftung & Co KG, a company incorporated in Germany, as the ultimate parent company.

Diehl Stiftung & Co KG

D-90478

Nurnberg

Germany