ODU-UK Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—5

1. General Information

ODU-UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03546482 . The registered office is Rose Villa, 42 Glebe Street, Loughborough, Leicestershire, LE11 1JR. The company business address is Ground Floor, Unit 3a Whitworth Court, Manor Park, Runcorn, Cheshire, WA7 1WA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises recharges of operating costs to ODU GmbH & Co.KG, the parent company.

Where appropriate, turnover also comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% straight line basis
Fixtures & Fittings	25% straight line basis

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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ODU-UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 January 2025	39,165

As at 31 December 2025	39,165

Depreciation
As at 1 January 2025	36,177
Provided during the period	1,629

As at 31 December 2025	37,806

Net Book Value
As at 31 December 2025	1,359

As at 1 January 2025	2,988

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	29,917	26,943
Deferred tax current asset	3,135	3,571
VAT	7,834	5,987
Amounts owed by other participating interests	562,128	498,837

	603,014	535,338

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ODU-UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,380	1,716
Corporation tax	17,635	17,916
Other taxes and social security	6,532	5,739
Accruals and deferred income	63,925	56,925

	89,472	82,296

7. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 January 2025	(3,571 )	(3,571)
Reversals	436	436

Balance at 31 December 2025	(3,135 )	(3,135)

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2

9. Other Commitments

At the end of the period the company had minimum lease payments under non-cancellable leases as follows:

	2025	2024
	£	£
Not later than one year	17,446	34,246
Later than one year and not later than five years	25,272	64,328

	42,718	98,574

The Company has entered into a lease agreement for office premises for the period 1 January 2024 to 31 December 2028. The annual rent is £12,636.

The company has three company cars with an annual commitment of £21,610, the leases are due to expire in February and March 2026.

10. Related Party Transactions

During the period the company made salary and overhead recharges of £571,602 (2024: £562,845) to ODU GmbH & Co. KG and incurred costs of £9,474 (2024: £10,008) from ODU GmbH & Co. KG. At the balance sheet date the amount due from ODU GmbH & Co. KG was £562,128 (2024: £498,837).

11. Ultimate Controlling Party

The company's ultimate controlling party is ODU Verwaltungs GmbH .

Otto Dunkel GmbH, a subsidiary of ODU Verwaltungs GmbH, owns 100% of the share capital of ODU-UK Limited. The registered office for both Otto Dunkel GmbH and ODU Verwaltungs GmbH is Pregelstraße 11, 84453 Mühldorf am Inn, Germany.

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ODU-UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

12. Audit Information

The auditor's report on the accounts of ODU-UK Limited for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Antony Humphreys (Senior Statutory Auditor) for and on behalf of AEH Accountancy Ltd , Statutory Auditor.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,359		2,988

			1,359		2,988
CURRENT ASSETS
Debtors	5	603,014		535,338
Cash at bank and in hand		48,993		53,105

		652,007		588,443
Creditors: Amounts Falling Due Within One Year	6	(89,472 )		(82,296 )

NET CURRENT ASSETS (LIABILITIES)			562,535		506,147

TOTAL ASSETS LESS CURRENT LIABILITIES			563,894		509,135

NET ASSETS			563,894		509,135

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			563,892		509,133

SHAREHOLDERS' FUNDS			563,894		509,135