Company No: 14546019 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2025		31.12.2023
		£		£
Fixed assets
Intangible assets	3	35,625		41,250
Tangible assets	4	129,733		183,233
		165,358		224,483
Current assets
Debtors
- due within one year	5	1,575,363		31,503
- due after more than one year	5	539,940		1,863,450
Cash at bank and in hand		5,992		56,264
		2,121,295		1,951,217
Creditors: amounts falling due within one year	6	( 31,179)		( 2,148,660)
Net current assets/(liabilities)		2,090,116		(197,443)
Total assets less current liabilities		2,255,474		27,040
Creditors: amounts falling due after more than one year	7	( 2,050,105)		0
Provision for liabilities		( 32,433)		( 6,735)
Net assets		172,936		20,305
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		172,836		20,205
Total shareholder's funds		172,936		20,305

For the financial period ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Hoffbauer Holding Ltd (registered number: 14546019) were approved and authorised for issue by the Board of Directors on 07 July 2026. They were signed on its behalf by:

Mr J Hoffbauer Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Hoffbauer Holding Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Suite 429, Apex House Thomas Street, Trethomas, Caerphilly, CF83 8DP, Wales, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The financial statements have been prepared for an extended accounting period of 15 months covering the period from 01 January 2024 to 31 March 2025. This extension was made to align the company’s year end with that of its group companies. As a result of the extended reporting period, the amounts presented in the financial statements and related notes are not entirely comparable with those of the prior period.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of VAT and is recognised when the significant risks and rewards are considered to have been transferred to the lessee for the rental of machinery and equipment.

Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost and net of amortisation . Amortisation is provided on all intangible assets at rates to write off the cost of each asset over its expected useful life as follows:

Trademarks, patents and licences

10 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost and net of depreciation. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery

5 years straight line

Leases

The Company as lessor
Rental income from operating leases is recognised on a straight-line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash at bank and in hand.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies, are recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	Period from 01.01.2024 to 31.03.2025		Period from 16.12.2022 to 31.12.2023
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	1		1

3. Intangible assets

	Trademarks, patents and licences		Total
	£		£
Cost
At 01 January 2024	45,000		45,000
At 31 March 2025	45,000		45,000
Accumulated amortisation
At 01 January 2024	3,750		3,750
Charge for the financial period	5,625		5,625
At 31 March 2025	9,375		9,375
Net book value
At 31 March 2025	35,625		35,625
At 31 December 2023	41,250		41,250

4. Tangible assets

	Plant and machinery		Total
	£		£
Cost
At 01 January 2024	214,000		214,000
At 31 March 2025	214,000		214,000
Accumulated depreciation
At 01 January 2024	30,767		30,767
Charge for the financial period	53,500		53,500
At 31 March 2025	84,267		84,267
Net book value
At 31 March 2025	129,733		129,733
At 31 December 2023	183,233		183,233

5. Debtors

	31.03.2025		31.12.2023
	£		£
Debtors: amounts falling due within one year
Amounts owed by related parties	1,575,363		7,333
Other debtors	0		24,170
	1,575,363		31,503
Debtors: amounts falling due after more than one year
Amounts owed by related parties	539,940		1,863,450

Amounts owed by related parties falling due after more than one year is repayable in three years and charged at 4% interest per annum.

6. Creditors: amounts falling due within one year

	31.03.2025		31.12.2023
	£		£
Trade creditors	480		0
Amounts owed to Ultimate Parent undertakings	0		2,093,681
Amounts owed to directors	0		51,779
Accruals	3,199		3,200
Taxation and social security	27,500		0
	31,179		2,148,660

There are no amounts included above in respect of which any security has been given by the small entity.

7. Creditors: amounts falling due after more than one year

	31.03.2025		31.12.2023
	£		£
Amounts owed to Ultimate Parent undertakings	1,954,517		0
Other creditors	95,588		0
	2,050,105		0

The loans from the ultimate parent undertaking bear interest at rates ranging from 2% to 9% per annum, with interest payable at the end of the loan term. Accrued interest at the balance sheet date is included within other creditors. All amounts are unsecured.

8. Called-up share capital

	31.03.2025		31.12.2023
	£		£
Allotted, called-up and not yet paid
100 Ordinary shares of £ 1.00 each	100		100

9. Related party transactions

Transactions with entities in which the entity itself has a participating interest

	31.03.2025		31.12.2023
	£		£
Amounts owed to Parent Company	2,050,105		2,093,681

The loan amount owed to Parent Company at year end was £1,954,517. Interest of £95,588 was accrued on the loan and is included within accruals. At the year end the total amount outstanding was £2,050,105.

Transactions with the entity's directors

	31.03.2025		31.12.2023
	£		£
Amounts owed to Director	0		51,779

Amounts are payable on demand and are not interest bearing.

Other related party transactions

	31.03.2025		31.12.2023
	£		£
Amounts owed by Associated Companies	2,115,303		1,870,783

Amounts comprising loans with varying interest rates (6% to 9%), £539,940 is due after more than one year while the remaining amounts are repayable on demand.

10. Ultimate controlling party

Parent Company:

HOFFBAUER BETEILIGUNGEN UG & CO. KG

71a, Mühlstrasse, Mühltal, Hessen, Germany, D-64367