Xenor UK Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13376819

		31 December 2025		31 December 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		10,613		49,099

			10,613		49,099
CURRENT ASSETS
Debtors	5	296,448		410,355
Cash at bank and in hand		27,313		7,835

		323,761		418,190
Creditors: Amounts Falling Due Within One Year	6	(1,007,607 )		(857,371 )

NET CURRENT ASSETS (LIABILITIES)			(683,846 )		(439,181 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(673,233 )		(390,082 )

NET LIABILITIES			(673,233 )		(390,082 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(673,234 )		(390,083 )

SHAREHOLDERS' FUNDS			(673,233)		(390,082)

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Xenor UK Ltd

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr G J Dokter

Director

28/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Xenor UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13376819 . The registered office is Albany House, Claremont Lane, Esher, Surrey, KT10 9FQ.

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.

Presentation currency

The accounts are presented in and rounded to the nearest £1 sterling.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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	50% Straight Line
Fixtures & Fittings	20% Straight Line

2.4. 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.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.6. 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.

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Xenor UK Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.7. Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8. Going concern

The company is deemed a going concern by the directors and the parent company. It has the continued financial support of the group for the foreseeable future.

2.9. Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at

fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest

method, less any impairment.

2.10. Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are

measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the

effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 6)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2025	48,640	59,983	108,623
Disposals	(48,640 )	-	(48,640 )

As at 31 December 2025	-	59,983	59,983

Depreciation
As at 1 January 2025	28,373	31,151	59,524
Provided during the period	17,612	18,219	35,831
Disposals	(45,985 )	-	(45,985 )

As at 31 December 2025	-	49,370	49,370

Net Book Value
As at 31 December 2025	-	10,613	10,613

As at 1 January 2025	20,267	28,832	49,099

5. Debtors

	31 December 2025	31 December 2024
	£	£
Due within one year
Trade debtors	123,313	231,974
Other debtors	1,246	66,151
Deferred tax current asset	171,889	112,230

	296,448	410,355

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Xenor UK Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

6. Creditors: Amounts Falling Due Within One Year

	31 December 2025	31 December 2024
	£	£
Trade creditors	288,361	132,472
Corporation tax	100	-
Other taxes and social security	3,982	5,018
VAT	35,118	20,004
Other creditors	655,441	695,328
Accruals and deferred income	23,106	3,050
Director's loan account	1,499	1,499

	1,007,607	857,371

7. Share Capital

	31 December 2025	31 December 2024
	£	£
Allotted, Called up and fully paid	1	1

8. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	31 December 2025	31 December 2024
	£	£
Not later than one year	106,000	106,000

	106,000	106,000

9. Related Party Transactions

At the year end the Company was owed £655,437 (2024 - £575,976) by a intercompany Xenor Group BV. This amount is held in other creditors,

The outstanding balance is unsecured, interest-free and repayable on demand.

10. Parent Undertaking and Controlling Party

Mr A O Vleeshouwer and Mr G J Dokter both have a 50% interest in the company.

The immediate parent of the company is Xenor Group B.V. based in The Netherlands, having its registered office C. Verolmelaan 140,1422 ZB, Uithoorn, The Netherlands.

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