ACCOUNTS - Final Accounts preparation

Auditors' remuneration

The company obtained the following services from the company's auditors:

Registered number: 02729611

KLINGER HOLDINGS LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

KLINGER HOLDINGS LIMITED

COMPANY INFORMATION

Director	I B Collins


Company secretary	S Barclay


Registered number	02729611


Registered office	The Klinger Building
	Euroway Trading Estate
	Wharfedale Road
	Bradford
	Yorkshire
	BD4 6SG


Independent auditors	AAB Audit & Accountancy Ltd
	Gresham House
	5-7 St Pauls Street
	Leeds
	LS1 2JG

KLINGER HOLDINGS LIMITED

CONTENTS

	Page
Strategic Report	1
Director's Report	2 - 3
Independent Auditors' Report	4 - 7
Statement of Income and Retained Earnings	8
Statement of Financial Position	9
Notes to the Financial Statements	10 - 15

KLINGER HOLDINGS LIMITED

STRATEGIC REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

The director presents their strategic report together with the audited financial statements for the year ended 31 December 2025.

Business review

The company is an intermediate holding company and member of the group headed by Klinger Holding GmbH. The company is the parent of Klinger Limited. The company has net assets of £3,097,381 (2024 - £3,103,787) and current net assets of £1,012,854 (2024 - £1,019,260). The director does not anticipate any changes in the company's performance or position in the foreseeable future.

Financial risk management assessment and policies

The company holds an investment in Klinger Limited. The director of the company monitors the financial position and performance, together with other internal and external factors, as part of the wider group funding and risk management. Further details can be found in the financial statements of Klinger Limited, available from Companies House.

Going concern

The company is a holding company to Klinger Limited. It has minimal transactions in the period and a low level of liabilities. The director has assessed whether the company can continue as a going concern for a period not less than 12 months from the date these financial statements. The company has sufficient cash in place to pay its known liabilities as they fall due during this period. As such the director is comfortable that the financial statements should be prepared on a going concern basis.

Principal risks and uncertainties

As a holding company the principal risks and uncertainties are driven by the performance of subsidiary entity.

Financial key performance indicators

Given the nature of activity the company does not use any particular key performance indicators.

This report was approved by the board on 11 August 2026 and signed on its behalf.

I B Collins

Director

Registered office:
The Klinger Building
Wharfedale Road
Euroway Trading Estate
Bradford
West Yorkshire
BD4 6SG

Page 1

KLINGER HOLDINGS LIMITED

DIRECTOR'S REPORT

FOR THE YEAR ENDED 31 DECEMBER 2025

The director presents his report and the financial statements for the year ended 31 December 2025.

Director's responsibilities statement

The director is responsible for preparing the Strategic Report, the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

∙select suitable accounting policies for the company's financial statements and then apply them consistently;

∙make judgements and accounting estimates that are reasonable and prudent;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and to enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Results and dividends

The loss for the year, after taxation, amounted to £6,406 (2024 - loss £6,175).

No dividends have been declared in the current year.

Director

The director who served during the year was:

I B Collins

Matters covered in the Strategic Report

The company has chosen in accordance with section 414C(11) of the Companies Act 2006(Strategic Report and Directors' Report) Regulations 2013 to set out in the company's strategic report information required by schedule 7 of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008.

Disclosure of information to auditors

The director at the time when this Director's Report is approved has confirmed that:

∙so far as he is aware, there is no relevant audit information of which the company's auditors are unaware, and

∙he has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Page 2

KLINGER HOLDINGS LIMITED

DIRECTOR'S REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

Auditors

Under section 487(2) of the Companies Act 2006, AAB Audit & Accountancy Ltd will be deemed to have been reappointed as auditors 28 days after these financial statements were sent to members or 28 days after the latest date prescribed for filing the accounts with the registrar, whichever is earlier.

This report was approved by the board on 11 August 2026 and signed on its behalf.

I B Collins

Director

Page 3

KLINGER HOLDINGS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF KLINGER HOLDINGS LIMITED

Opinion

We have audited the financial statements of Klinger Holdings Limited (the 'company') for the year ended 31 December 2025, which comprise the Statement of Income and Retained Earnings, the Statement of Financial Position and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

∙give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its loss for the year then ended;

∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

∙have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our Auditors' Report thereon. The director is responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Page 4

KLINGER HOLDINGS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF KLINGER HOLDINGS LIMITED (CONTINUED)

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

∙the information given in the Strategic Report and the Director's Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

∙the Strategic Report and the Director's Report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Director's Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

∙the financial statements are not in agreement with the accounting records and returns; or

∙certain disclosures of director's remuneration specified by law are not made; or

∙we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Director's Responsibilities Statement set out on page 2, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

Page 5

KLINGER HOLDINGS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF KLINGER HOLDINGS LIMITED (CONTINUED)

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We obtained an understanding of the legal and regulatory frameworks within which the company operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements.

The laws and regulations we considered in this context were the Companies Act 2006, UK Health and Safety legislation, UK Employment legislation and UK Taxation legislation.

We identified the greatest risk of material impact on the financial statements from irregularities including fraud to be:

∙Management override of controls to manipulate the company’s key performance indicators to meet targets

∙Management judgement applied in calculating provisions

∙Compliance with relevant laws and regulations which directly impact the financial statements and those that the company needs to comply with for the purpose of trading

Our audit procedures to respond to these risks included:

∙Testing of journal entries and other adjustments for appropriateness

∙Evaluating the business rationale of significant transactions outside the normal course of business

∙Reviewing judgements made by management in their calculation of accounting estimates for potential management bias

∙Enquiries of management about litigation and claims and inspection of relevant correspondence

∙Reviewing legal and professional fees to identify indications of actual or potential litigation, claims and any non-compliance with laws and regulations

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Page 6

KLINGER HOLDINGS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF KLINGER HOLDINGS LIMITED (CONTINUED)

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members, as a body, for our audit work, for this report, or for the opinions we have formed.

James Hunt BA (Hons) MA FCA CTA (Senior Statutory Auditor)

For and on behalf of

AAB Audit & Accountancy Ltd

Statutory Auditor

Gresham House

5-7 St Pauls Street

Leeds

LS1 2JG

11 August 2026

Page 7

KLINGER HOLDINGS LIMITED

STATEMENT OF INCOME AND RETAINED EARNINGS

FOR THE YEAR ENDED 31 DECEMBER 2025

	2025	2024
Note	£	£


Administrative expenses		(7,251)	(7,175)
Operating loss		(7,251)	(7,175)
Interest receivable and similar income	6	845	1,000
Loss before tax		(6,406)	(6,175)
Tax on loss	7	-	-
Loss after tax		(6,406)	(6,175)



Retained earnings at the beginning of the year	3,053,787	3,059,962
	3,053,787	3,059,962
Loss for the year	(6,406)	(6,175)
Retained earnings at the end of the year	3,047,381	3,053,787

The notes on pages 10 to 15 form part of these financial statements.

Page 8

KLINGER HOLDINGS LIMITED

REGISTERED NUMBER: 02729611

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Investments	8		2,084,527		2,084,527
			2,084,527		2,084,527
Current assets
Debtors: amounts falling due within one year	9	1,150,000		1,150,000
Cash at bank and in hand	10	2,265		26,615
		1,152,265		1,176,615
Creditors: amounts falling due within one year	11	(139,411)		(157,355)
Net current assets			1,012,854		1,019,260
Total assets less current liabilities			3,097,381		3,103,787

Net assets			3,097,381		3,103,787

Capital and reserves
Called up share capital	12	50,000	50,000
Profit and loss account	13	3,047,381	3,053,787
		3,097,381	3,103,787

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 August 2026.

I B Collins

Director

The notes on pages 10 to 15 form part of these financial statements.

Page 9

KLINGER HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

The principal activity of the company is that of a holding company.

The company is a private company limited by shares, registered in England and Wales (no 02729611). The address of the registered office is The Klinger Building, Euroway Trading Estate, Wharfedale Road, Bradford, Yorkshire, BD4 6SG.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the entity.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies (see note 3).

The following principal accounting policies have been applied:

2.2

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

∙the requirements of Section 7 Statement of Cash Flows;

∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);

∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);

∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;

∙the requirements of Section 26 Share-based Payment paragraphs 26.18(b), 26.19 to 26.21 and 26.23;

∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of Klinger Holding GmbH as at 31 December 2025 and these financial statements may be obtained from Am Kanal 8-10, 2352 Gumpoldskirchen, Austria..

2.3

Exemption from preparing consolidated financial statements

The company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.

Page 10

KLINGER HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.4

Going concern

The company is a holding company to Klinger Limited. It has minimal transactions in the period and a low level of liabilities, aside from dividends received from its investments, which are passed straight onto group. The director has assessed whether the company can continue as a going concern for a period not less than 12 months from the date these financial statements have been signed. The company has sufficient cash in place to pay its known liabilities as they fall due during this period. As such the director is comfortable that the financial statements should be prepared on a going concern basis.

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

The director uses his judgement to determine whether there are indicators of impairment of the company's fixed asset investment in its subsidiary undertaking. Factors taken into consideration in reaching such a decision include the economic viability and expected future performance of the subsidiary undertaking.

2.6

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

3.	Judgements in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. Details of these judgements are set out in the accounting policies.

Fees payable to the company's auditors for the audit of the company's financial statements

3,800

3,650

Page 11

KLINGER HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Employees

The average monthly number of employees, including the director, during the year was as follows:

	2025	2024
	No.	No.

Director	1	1

6.	Interest receivable
		2025	2024
		£	£

	Interest on bank deposits	845	1,000
		845	1,000



Total current tax	-	-

	Deferred tax
	Total deferred tax	-	-


	Tax on loss	-	-

Page 12

KLINGER HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

7.Taxation (continued)

Loss on ordinary activities before tax

(6,406)

(6,175)

Loss on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%)	(1,602)	(1,544)
Effects of:
Movement in deferred tax not recognised	1,602	1,544
Total tax charge for the year	-	-

8.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2025	2,084,527
	At 31 December 2025	2,084,527

Subsidiary undertaking
The following was a subsidiary undertaking of the company:
Name	Registered office	Class of shares	Holding

Klinger Limited, The Klinger Building, Wharfedale Road,

Euroway Trading Estate, Bradford, West Yorkshire, BD4 6SG

Ordinary

100%

Page 13

KLINGER HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	1,150,000	1,150,000
	1,150,000	1,150,000

10.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	2,265	26,615
	2,265	26,615

11.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Accruals and deferred income	139,411	157,355
	139,411	157,355

12.	Share capital
		2025	2024
		£	£

Authorised, allotted, called up and fully paid

50,000 (2024 - 50,000) Ordinary shares of £1.00 each	50,000	50,000

13.

Reserves

Profit and loss account

Profit and loss account - this reserve records retained earnings and accumulated losses

14.	Charges on assets

A fixed and floating charge is in place in respect of the assets of the company in favour of HSBC Bank plc.

Page 14

KLINGER HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

15.	Related party transactions
	The company has taken advantage of the exemption available in Section 33.1A of FRS 102 whereby it has not disclosed related party transactions with the ultimate parent company or any wholly owned subsidiary undertaking of the group.

16.	Controlling party

The company is a subsidiary of Klinger Holding GmbH, the ultimate parent undertaking which is registered in Austria.

The largest and smallest group in which the results of the company are consolidated is that headed by Klinger Holding GmbH, incorporated in Austria.The consolidated accounts of this company are available to the public and my be obtained from Am Kanal 8-10, 2352 Gumpoldskirchen, Austria. No other group accounts include the results of the company.

Page 15