REGISTERED NUMBER: 02635311 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

WANDFLUH UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T J Allen

Dr M R Wandfluh

REGISTERED OFFICE:

Wandfluh House

Northfield Road

Southam

Warwickshire

CV47 0FG

REGISTERED NUMBER:

02635311 (England and Wales)

AUDITORS:

HB&O Ltd

Chartered Accountants and Statutory Auditor

Highdown House

11 Highdown Road

Leamington Spa

Warwickshire

CV31 1XT

BANKERS:

HSBC

126 The Parade

Leamington Spa

Warwickshire

CV32 4AJ

FIXED ASSETS

Intangible assets

4

11,531

14,213

Tangible assets

5

3,249,611

3,126,749

3,261,142

3,140,962

CURRENT ASSETS

Stocks

3,653,634

3,400,523

Debtors

6

2,393,388

1,785,900

Cash at bank and in hand

391,052

182,746

6,438,074

5,369,169

CREDITORS

Amounts falling due within one year

7

2,410,809

1,653,650

NET CURRENT ASSETS

4,027,265

3,715,519

TOTAL ASSETS LESS CURRENT LIABILITIES

7,288,407

6,856,481

CREDITORS

Amounts falling due after more than one year

8

(4,099,300

)

(3,798,740

)

PROVISIONS FOR LIABILITIES

11

(316,742

)

(273,491

)

NET ASSETS

2,872,365

2,784,250

CAPITAL AND RESERVES

Called up share capital

12

300,000

300,000

Retained earnings

13

2,572,365

2,484,250

SHAREHOLDERS' FUNDS

2,872,365

2,784,250

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 21 May 2026 and were signed on its behalf by:

T J Allen - Director

1.	STATUTORY INFORMATION

Wandfluh 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.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.

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 comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of two years.

Tangible fixed assets

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

Freehold buildings

-

10% on cost and 2% on cost

Plant and machinery

-

25% on cost and 20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Office equipment

-

25% 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 36 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

67,691

Additions

8,450

At 31 December 2025

76,141

AMORTISATION

At 1 January 2025

53,478

Charge for year

11,132

At 31 December 2025

64,610

NET BOOK VALUE

At 31 December 2025

11,531

At 31 December 2024

14,213

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

buildings

machinery

fittings

£

£

£

COST

At 1 January 2025

2,655,575

1,542,348

248,077

Additions

61,077

281,120

6,887

At 31 December 2025

2,716,652

1,823,468

254,964

DEPRECIATION

At 1 January 2025

502,236

671,233

221,344

Charge for year

47,814

161,790

15,985

At 31 December 2025

550,050

833,023

237,329

NET BOOK VALUE

At 31 December 2025

2,166,602

990,445

17,635

At 31 December 2024

2,153,339

871,115

26,733

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

25,619

261,525

4,733,144

Additions

-

29,616

378,700

At 31 December 2025

25,619

291,141

5,111,844

DEPRECIATION

At 1 January 2025

4,804

206,778

1,606,395

Charge for year

6,404

23,845

255,838

At 31 December 2025

11,208

230,623

1,862,233

NET BOOK VALUE

At 31 December 2025

14,411

60,518

3,249,611

At 31 December 2024

20,815

54,747

3,126,749

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,184,163

1,569,268

Amounts owed by group undertakings

-

230

Prepayments

209,225

216,402

2,393,388

1,785,900

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

749,992

369,164

Amounts owed to group undertakings

1,047,445

787,649

Tax

20,919

15,878

Social security and other taxes

100,996

82,360

VAT

299,287

207,129

Pension

1,463

2,942

Accrued expenses

190,707

188,528

2,410,809

1,653,650

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Holding company loan due

two to five years

4,099,300

3,798,740

4,099,300

3,798,740

9.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

26,730

29,331

Between one and five years

24,433

45,150

51,163

74,481

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Holding company

4,099,300

3,798,740

The holding company loans are secured by assets owned by the company. Interest payable is charged to the profit and loss account in the year in which it is due.

The loan from the holding company is subject to an interest rate that is regarded as being a market rate of interest.

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

316,742

273,491

Deferred

tax

£

Balance at 1 January 2025

273,491

Provided during year

43,251

Balance at 31 December 2025

316,742

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

300,000

Ordinary

£1

300,000

300,000

13.

RESERVES

Retained

earnings

£

At 1 January 2025

2,484,250

Profit for the year

88,115

At 31 December 2025

2,572,365

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

The Report of the Auditors was unqualified.

Gregg Olner MPhil BA (Hons) FCA (Senior Statutory Auditor)

for and on behalf of HB&O Ltd

15.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme with the assets of the scheme held separately from those of the company. The pension charge relating to the defined contribution pensions scheme for the year was £166,730 (2024: £205,067). Outstanding contributions at the year end amounted to £1,463 (2024: £2,942).

16.	CAPITAL COMMITMENTS

2025

2024

£

£

Contracted but not provided for in the

financial statements

-

239,175

17.	ULTIMATE CONTROLLING PARTY

Wandfluh Holding AG, incorporated in Switzerland, is regarded by the directors as being the company's ultimate parent company. Copies of group accounts can be obtained from Wandfluh Holding AG, Helkenstrasse 13, 3714 Fruitgen, Switzerland.

H Wandfluh who resigned as a director of this company on 1 February 2018, continues to be regarded as the ultimate controlling party by virtue of his voting rights within the parent company, Wandfluh Holding AG.