Company No: 07485172 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	James William Hall (Resigned 30 October 2025)
	Paul Quinn (Appointed 30 November 2025)
	Tanya Louise Rowe (Appointed 01 April 2025, Resigned 30 November 2025)
	Bernd Schuler
	Rosalind Jane Sutton (Appointed 01 May 2026)
	Sarah Andrea Ware (Resigned 30 November 2025)

REGISTERED OFFICE	Fishleigh Court
	Fishleigh Road
	Barnstaple
	EX31 3UD
	United Kingdom

COMPANY NUMBER

07485172 (England and Wales)

AUDITOR	Gravita Audit Western Limited
	Statutory Auditor
	Keble House
	Southernhay Gardens
	Exeter
	Devon
	EX1 1NT

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	97,502		69,547
		97,502		69,547
Current assets
Debtors	5	1,288,266		1,254,195
Cash at bank and in hand		666,886		447,429
		1,955,152		1,701,624
Creditors: amounts falling due within one year	6	( 1,158,033)		( 815,013)
Net current assets		797,119		886,611
Total assets less current liabilities		894,621		956,158
Provision for liabilities		( 17,000)		( 17,000)
Net assets		877,621		939,158
Capital and reserves
Called-up share capital		294		294
Capital redemption reserve		6		6
Profit and loss account		877,321		938,858
Total shareholder's funds		877,621		939,158

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Regenold United Kingdom Ltd (registered number: 07485172) were approved and authorised for issue by the Board of Directors on 21 September 2026. They were signed on its behalf by:

Bernd Schuler Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Regenold United Kingdom Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Fishleigh Court, Fishleigh Road, Barnstaple, EX31 3UD, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is measured at the fair value of consideration received or receivable for services rendered, net of discounts and Value Added Tax.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumption are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Work in progress - accrued income

Work in progress - accrued income is measured on the basis of estimated selling prices.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life.

Other intangible assets

5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings	25 % reducing balance
Computer equipment	3 years straight line

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Jade Quaintance FCA BA (Senior Statutory Auditor)
for and on behalf of Gravita Audit Western Limited.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	45		42

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 January 2025	40,545		40,545
At 31 December 2025	40,545		40,545
Accumulated amortisation
At 01 January 2025	40,545		40,545
At 31 December 2025	40,545		40,545
Net book value
At 31 December 2025	0		0
At 31 December 2024	0		0

4. Tangible assets

	Fixtures and fittings		Computer equipment		Total
	£		£		£
Cost
At 01 January 2025	345,570		47,420		392,990
Additions	60,373		0		60,373
At 31 December 2025	405,943		47,420		453,363
Accumulated depreciation
At 01 January 2025	276,023		47,420		323,443
Charge for the financial year	32,418		0		32,418
At 31 December 2025	308,441		47,420		355,861
Net book value
At 31 December 2025	97,502		0		97,502
At 31 December 2024	69,547		0		69,547

5. Debtors

	2025		2024
	£		£
Trade debtors	1,194,355		1,010,583
Prepayments and accrued income	83,348		235,460
Other debtors	10,563		8,152
	1,288,266		1,254,195

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	245,187		102,345
Amounts owed to Group undertakings	275,219		170,684
Accruals and deferred income	275,039		186,466
Taxation and social security	260,809		272,695
Payments received on account	56,473		56,784
Other creditors	45,306		26,039
	1,158,033		815,013

7. Related party transactions

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.

8. Audit Opinion

Under section 444(5B) of the Companies Act 2006, the auditor's report on the accounts for the financial year ended 31 December 2025 was unqualified.

The audit report was signed by Jade Quaintance FCA BA on behalf of Gravita Audit Western Limited, Chartered Accountants.

8. Ultimate controlling party

Parent Company:

The company is under the control of Regenold UK & Ireland Ltd, it's parent company.

The registered office is Fishleigh Court, Fishleigh Road, Barnstaple, Devon, EX31 3UD.

The ultimate controlling party is Dr Jeurgen Regenold.