REGISTERED NUMBER: 03869655 (England and Wales)

Financial Statements

for the Year Ended 31st March 2026

for

WAGNER UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C R Bryan

A Schober

REGISTERED OFFICE:

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

REGISTERED NUMBER:

03869655 (England and Wales)

AUDITORS:

Kendall Wadley LLP, Statutory Auditor

Chartered Accountants

Granta Lodge

71 Graham Road

Malvern

WR14 2JS

FIXED ASSETS

Tangible assets

4

87,104

100,180

CURRENT ASSETS

Stocks

1,028,094

806,586

Debtors

5

3,726,142

5,591,666

Cash at bank

422,442

1,139,213

5,176,678

7,537,465

CREDITORS

Amounts falling due within one year

6

2,272,758

4,383,841

NET CURRENT ASSETS

2,903,920

3,153,624

TOTAL ASSETS LESS CURRENT LIABILITIES

2,991,024

3,253,804

PROVISIONS FOR LIABILITIES

21,776

25,045

NET ASSETS

2,969,248

3,228,759

CAPITAL AND RESERVES

Called up share capital

8

1,423,271

1,423,271

Retained earnings

9

1,545,977

1,805,488

SHAREHOLDERS' FUNDS

2,969,248

3,228,759

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd June 2026 and were signed on its behalf by:

C R Bryan - Director

A Schober - Director

1.	STATUTORY INFORMATION

Wagner 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.

Preparation of consolidated financial statements

The company's results are included in the consolidated financial statements of its parent, Wagner Group GmbH, Schleswigstraße 1-5 30853 Langenhagen, Germany.

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 wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue from the sale of goods is recognised on dispatch.

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

-

25% on cost

Fixtures and fittings

-

33% on cost, 25% on cost and 20% on cost

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 Statement of Income and Retained Earnings, 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.

Hire purchase and 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 19 (2025 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1st April 2025

26,184

145,686

171,870

Additions

-

30,750

30,750

Disposals

(961

)

(9,630

)

(10,591

)

At 31st March 2026

25,223

166,806

192,029

DEPRECIATION

At 1st April 2025

7,267

64,423

71,690

Charge for year

6,306

37,521

43,827

Eliminated on disposal

(962

)

(9,630

)

(10,592

)

At 31st March 2026

12,611

92,314

104,925

NET BOOK VALUE

At 31st March 2026

12,612

74,492

87,104

At 31st March 2025

18,917

81,263

100,180

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

1,181,649

1,315,298

Amounts recoverable on contract

2,350,559

4,137,021

Other debtors

38,260

42,305

Tax

13,297

3,037

VAT

3,041

-

Prepayments

139,336

94,005

3,726,142

5,591,666

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade creditors

219,808

181,722

Amounts owed to group undertakings

237,686

336,819

Social security and other taxes

36,751

34,254

VAT

-

137,543

Other creditors

5,745

6,847

Deferred income

1,580,025

3,421,397

Accrued expenses

192,743

265,259

2,272,758

4,383,841

7.	LEASING AGREEMENTS

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

31/03/26

31/03/25

£

£

Within one year

121,005

149,311

Between two and five years

163,334

260,868

284,339

410,179

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/26

31/3/25

value:

£

£

1,000,001

Ordinary

£1

1,000,001

1,000,001

423,270

Redeemable Preference

£1

423,270

423,270

1,423,271

1,423,271

9.

RESERVES

Retained

earnings

£

At 1st April 2025

1,805,488

Profit for the year

440,490

Dividends

(700,001

)

At 31st March 2026

1,545,977

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

The Report of the Auditors was unqualified.

Sarah Morley BA (Hons) ACA (Senior Statutory Auditor)

for and on behalf of Kendall Wadley LLP, Statutory Auditor