REGISTERED NUMBER: 04117105 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Wesbart UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTORS:

N Patey

Mrs D S Patey

SECRETARY:

Mrs D S Patey

REGISTERED OFFICE:

Daux Road

Billingshurst

West Sussex

RH14 9YR

REGISTERED NUMBER:

04117105 (England and Wales)

FIXED ASSETS

Intangible assets

4

14,025

-

Tangible assets

5

685,317

706,340

699,342

706,340

CURRENT ASSETS

Stocks

109,274

168,612

Debtors

6

450,307

479,074

Cash in hand

210,761

150,733

770,342

798,419

CREDITORS

Amounts falling due within one year

7

323,869

311,645

NET CURRENT ASSETS

446,473

486,774

TOTAL ASSETS LESS CURRENT LIABILITIES

1,145,815

1,193,114

CREDITORS

Amounts falling due after more than one year

8

(211,797

)

(236,864

)

PROVISIONS FOR LIABILITIES

(140,123

)

-

NET ASSETS

793,895

956,250

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

793,795

956,150

793,895

956,250

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 July 2026 and were signed on its behalf by:

N Patey - Director

Mrs D S Patey - Director

1.	STATUTORY INFORMATION

Wesbart 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Patents and licences are being amortised evenly over their estimated useful life of fifteen years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and 10% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 28 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

15,000

At 31 October 2025

15,000

AMORTISATION

Charge for year

975

At 31 October 2025

975

NET BOOK VALUE

At 31 October 2025

14,025

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

2,359,381

Additions

72,391

Disposals

(10,004

)

At 31 October 2025

2,421,768

DEPRECIATION

At 1 November 2024

1,653,041

Charge for year

89,616

Eliminated on disposal

(6,206

)

At 31 October 2025

1,736,451

NET BOOK VALUE

At 31 October 2025

685,317

At 31 October 2024

706,340

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 November 2024

450,000

Additions

35,000

At 31 October 2025

485,000

DEPRECIATION

At 1 November 2024

146,250

Charge for year

33,875

At 31 October 2025

180,125

NET BOOK VALUE

At 31 October 2025

304,875

At 31 October 2024

303,750

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

353,890

329,930

Amounts owed by group undertakings

60,811

111,801

Other debtors

35,606

37,343

450,307

479,074

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

46,453

93,313

Trade creditors

200,514

148,335

Taxation and social security

41,367

35,383

Other creditors

35,535

34,614

323,869

311,645

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

7,396

32,463

Other creditors

204,401

204,401

211,797

236,864

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

46,453

93,313

Between one and five years

7,396

32,463

53,849

125,776

Non-cancellable

operating leases

2025

2024

£

£

Within one year

22,000

22,000

Between one and five years

88,000

88,000

In more than five years

18,334

40,344

128,334

150,344

10.	ULTIMATE CONTROLLING PARTY

The company is wholly owned by Wesbart Limited.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

16 July 2026