REGISTERED NUMBER: 04234721 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

DALLMEIER ELECTRONIC UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Walker

T Dallmeier

SECRETARY:

T Boon

REGISTERED OFFICE:

Dallmeier House

3 Beaufort Trade Park

Pucklechurch

Bristol

BS16 9QH

REGISTERED NUMBER:

04234721 (England and Wales)

AUDITORS:

Gravita Audit Western Limited

Chartered Accountants and Statutory Auditors

2nd Floor, South

One Castle Park

Tower Hill

Bristol

BS2 0JA

FIXED ASSETS

Tangible assets

4

33,291

33,291

CURRENT ASSETS

Stocks

147,713

190,657

Debtors

5

617,574

342,744

Prepayments and accrued income

121,661

121,774

Cash at bank and in hand

453,447

484,049

1,340,395

1,139,224

CREDITORS

Amounts falling due within one year

6

(1,103,293

)

(833,455

)

NET CURRENT ASSETS

237,102

305,769

TOTAL ASSETS LESS CURRENT LIABILITIES

270,393

339,060

CREDITORS

Amounts falling due after more than one year

7

(47,044

)

(120,000

)

PROVISIONS FOR LIABILITIES

(6,548

)

(7,428

)

NET ASSETS

216,801

211,632

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

206,801

201,632

SHAREHOLDERS' FUNDS

216,801

211,632

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

T Dallmeier - Director

J Walker - Director

1.	COMPANY INFORMATION

Dallmeier Electronic 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.

The company's principal trading activity is that of the marketing, selling and support of video surveillance solutions.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to operate the going concern basis of accounting in preparing the financial statements.

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 its parent of which the company is a wholly owned subsidiary.

Turnover

Turnover represents commissions receivable from the company's parent undertaking in respect of sales generated in the UK, together with revenue from maintenance services and the sale of stock.

Turnover is measured at the fair value of the consideration received or receivable, net of value added tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the customer. Revenue from maintenance services is recognised by reference to the stage of completion of the contract.

Tangible fixed assets

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

Plant and machinery - 33% on cost and 25% on cost

Motor vehicles - 25% on cost

Leasehold properties - straight line over the life of the lease

Stocks

Stocks are stated at the lower of cost and net realisable value. Cost comprises direct materials and where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution. Provisions against obsolete and slow moving stock is made when it becomes apparent the net realisable value has fallen below the cost value.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, amounts due from group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors and amounts due to group undertakings are initially 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. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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 13 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Long

Plant and

leasehold

machinery

Totals

£

£

£

COST

At 1 January 2025

64,069

58,814

122,883

Additions

4,677

14,820

19,497

At 31 December 2025

68,746

73,634

142,380

DEPRECIATION

At 1 January 2025

64,069

25,523

89,592

Charge for year

510

18,987

19,497

At 31 December 2025

64,579

44,510

109,089

NET BOOK VALUE

At 31 December 2025

4,167

29,124

33,291

At 31 December 2024

-

33,291

33,291

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

617,574

342,744

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

24,593

23,093

Amounts owed to group undertakings

714,703

548,756

Tax

14,469

29,985

VAT

233,706

151,895

Other creditors

-

30,376

Accruals and deferred income

115,822

49,350

1,103,293

833,455

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

47,044

120,000

8.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

25,641

40,950

Between one and five years

14,957

40,598

40,598

81,548

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

The Report of the Auditors was unqualified.

Matthew Bracher BSc FCA (Senior Statutory Auditor)

for and on behalf of Gravita Audit Western Limited

10.	RELATED PARTY DISCLOSURES

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 its parent of which the company is a wholly owned subsidiary.

11.	ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is Dallmeier electronic International GmbH, a company registered in Switzerland. This company is controlled by T Dallmeier.