SAR UK Ltd

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

1. General Information

SAR UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06329371 . The registered office is Unit 14b Station Field Industrial Estate , Kidlington, OX5 1JD.

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. Significant judgements and estimations

Work in Progress and Estimation Uncertainty

Work in progress on long-term contracts is stated at the value of work performed at the reporting date, measured by reference to the proportion of revenue invoiced or received relative to the total expected contract revenue, less any foreseeable losses.

Profit is recognised by reference to the stage of completion of each contract at the balance sheet date, determined using revenue billed/received as a proxy for progress.

This method requires management to make estimates of total contract revenues, total contract costs, costs to complete, and the expected outcome of each contract.

The preparation of these financial statements requires management to exercise judgement in applying accounting policies and in estimating the outcome of long-term contracts. Actual results may differ from these estimates. Any revisions to estimates are recognised in the period in which they become known.

2.3. Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

When working on projects with a long lead time, the revenue is recognised by the stage of completion of the project for cases where the contract allows for the company to be rewarded as such.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

The cost of tangible fixed assets includes directly attributable incremental costs incurred in their acquisition and installation.

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:

Plant & Machinery	25% straight line
Motor Vehicles	25% Straight line
Computer Equipment	33% Straight line

2.5. Stocks and Work in Progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and stocks comprises direct materials, direct labour, and attributable overheads incurred in bringing them to their present location and condition.

Stocks and work in progress are reviewed at each reporting date for impairment. Where the carrying amount exceeds estimated selling price less costs to complete and sell, it is written down to its recoverable amount. Any impairment is recognised immediately in profit or loss.

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SAR UK Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. 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.

2.7. Taxation

Income tax expense represents the amount of tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from the profit as reported in the statement of comprehensive income due to items of income or expense that are taxable or deductible in other years 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.

Current tax is recognised in profit or loss for the year, except to the extent that it relates to items recognised in other comprehensive income or directly in equity, in which case the related tax is also recognised in other comprehensive income or directly in equity respectively.

2.8. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2024: 12)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	17,476	95,438	17,841	130,755
Additions	7,982	18,995	8,964	35,941

As at 31 December 2025	25,458	114,433	26,805	166,696

Depreciation
As at 1 January 2025	14,415	40,097	14,324	68,836
Provided during the period	3,634	22,476	3,372	29,482

As at 31 December 2025	18,049	62,573	17,696	98,318

Net Book Value
As at 31 December 2025	7,409	51,860	9,109	68,378

As at 1 January 2025	3,061	55,341	3,517	61,919

5. Stocks

	2025	2024 as restated
	£	£
Stock	1,000	1,000
Work in progress	1,346,630	674,039

	1,347,630	675,039

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SAR UK Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Debtors

	2025	2024 as restated
	£	£
Due within one year
Trade debtors	224,036	695,879
Prepayments and accrued income	15,471	33,263
Other debtors	3,702	566

	243,209	729,708

7. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Trade creditors	85,679	193,184
Corporation tax	63,464	51,083
Other taxes and social security	31,581	22,003
VAT	10,021	96,553
Other creditors	2,993	2,426
Accruals and deferred income	1,063,157	1,018,427

	1,256,895	1,383,676

8. Share Capital

	2025	2024 as restated
	£	£
Allotted, Called up and fully paid	1	1

9. Post Balance Sheet Events

Subsequent to the year end, the Company entered into a lease agreement for new office premises. This is a non-adjusting event as the lease was entered into after the reporting date. The lease has a break clause after five years, with future minimum lease commitments of approximately £273,000 to the break date. No adjustment has been made to the financial statements.

10. Related Party Disclosures

Other transactions with directors

During the year the director was paid a salary of Nil (2024: £12,508) and fees of £20,793 (2024: £16,424).

Summary of transactions with parent

During the year there were sales to the parent company of £354,692 (2024: £101,179) and recharged expenditure of £98,486 (2024: £83,478).

11. Controlling Parties

The company's immediate and ultimate parent undertaking is SAR Elektronic GMBH (incorporated in Germany). Its registered office is 31 Gobener Weg, Dingolfing, Bavaria 84130, Germany .

Copies of the group accounts may be obtained from the company's registered office.

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SAR UK Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

12. Audit Information

The auditor's report on the accounts of SAR UK Ltd for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Richard Baker FCA (Senior Statutory Auditor) for and on behalf of Sumer Auditco Limited , Statutory Auditor.

Sumer Auditco Limited

T/A Sumer Audit

6 Houndiscombe Road

Plymouth

Devon

PL4 6HH

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		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		68,378		61,919

			68,378		61,919
CURRENT ASSETS
Stocks	5	1,347,630		675,039
Debtors	6	243,209		729,708
Cash at bank and in hand		1,672,566		1,683,104

		3,263,405		3,087,851
Creditors: Amounts Falling Due Within One Year	7	(1,256,895 )		(1,383,676 )

NET CURRENT ASSETS (LIABILITIES)			2,006,510		1,704,175

TOTAL ASSETS LESS CURRENT LIABILITIES			2,074,888		1,766,094

PROVISIONS FOR LIABILITIES
Deferred Taxation			(17,096 )		(15,480 )

NET ASSETS			2,057,792		1,750,614

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			2,057,791		1,750,613

SHAREHOLDERS' FUNDS			2,057,792		1,750,614