REGISTERED NUMBER: 03728160 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BLAUBERG UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr G Slade

SECRETARY:

Mr G Slade

REGISTERED OFFICE:

Unit E 99 Boston Road

Beaumont Leys

Leicester

LE4 1AW

REGISTERED NUMBER:

03728160 (England and Wales)

SENIOR STATUTORY AUDITOR:

Mark Harrison BA (Hons) FCA

AUDITORS:

Mark J Rees LLP Chartered Accountants

and Statutory Auditors

Granville Hall

Granville Road

Leicester

LE1 7RU

FIXED ASSETS

Tangible assets

4

173,982

198,760

Investments

5

100

100

174,082

198,860

CURRENT ASSETS

Stocks

1,693,734

2,054,177

Debtors

6

942,080

1,202,702

Cash at bank and in hand

962,780

1,163,726

3,598,594

4,420,605

CREDITORS

Amounts falling due within one year

7

2,466,655

3,005,662

NET CURRENT ASSETS

1,131,939

1,414,943

TOTAL ASSETS LESS CURRENT LIABILITIES

1,306,021

1,613,803

CREDITORS

Amounts falling due after more than one year

8

(4,243

)

(6,622

)

PROVISIONS FOR LIABILITIES

11

(43,496

)

(49,690

)

NET ASSETS

1,258,282

1,557,491

CAPITAL AND RESERVES

Called up share capital

16

16

Share premium

99,988

99,988

Retained earnings

1,158,278

1,457,487

1,258,282

1,557,491

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2026 and were signed by:

Mr G Slade - Director

1.	STATUTORY INFORMATION

Blauberg 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 presentation currency of the financial statements is the Pound Sterling (£).

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 financial statements contain information about Blauberg UK Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated 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 wholly owned subsidiaries within the group.

Significant judgements and estimates

There were no areas in which the preparation of the financial statements required to make significant judgements and estimates.

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

- the Company has transferred the significant risks and rewards of ownership to the buyer;

- the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

- the amount of turnover can be measured reliably;

- it is probable that the Company will receive the consideration due under the transaction; and

- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

20% on reducing balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

33% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the profit and loss account when they fall due. Amounts not paid are shown as accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Going concern

The financial statements have been prepared on a going concern basis. The director has reviewed the company's forecasts and considers the company will continue to trade for the foreseeable future.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at transaction value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at transaction value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2025

2,000

93,726

147,516

Additions

-

11,598

10,316

At 31 December 2025

2,000

105,324

157,832

DEPRECIATION

At 1 January 2025

2,000

32,772

98,884

Charge for year

-

13,400

8,506

At 31 December 2025

2,000

46,172

107,390

NET BOOK VALUE

At 31 December 2025

-

59,152

50,442

At 31 December 2024

-

60,954

48,632

Motor

Office

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

26,995

240,142

510,379

Additions

-

4,010

25,924

At 31 December 2025

26,995

244,152

536,303

DEPRECIATION

At 1 January 2025

7,171

170,792

311,619

Charge for year

4,956

23,840

50,702

At 31 December 2025

12,127

194,632

362,321

NET BOOK VALUE

At 31 December 2025

14,868

49,520

173,982

At 31 December 2024

19,824

69,350

198,760

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 January 2025

and 31 December 2025

9,901

DEPRECIATION

At 1 January 2025

and 31 December 2025

183

NET BOOK VALUE

At 31 December 2025

9,718

At 31 December 2024

9,718

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

100

NET BOOK VALUE

At 31 December 2025

100

At 31 December 2024

100

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Ventronix Limited

Registered office: 6 Dominus Way, Meridian Business Park, Leicester, LE19 1RP

Nature of business: Dormant

%

Class of shares:

holding

Ordinary

100.00

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

753,192

940,954

Other debtors

188,888

261,748

942,080

1,202,702

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

2,379

2,379

Trade creditors

85,609

142,039

Amounts owed to group undertakings

1,930,865

2,287,966

Taxation and social security

77,556

378,961

Other creditors

370,246

194,317

2,466,655

3,005,662

Amounts due to group undertakings do not carry interest and have no specified repayment date.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

3,768

6,147

Amounts owed to group undertakings

475

475

4,243

6,622

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

2,379

2,379

Between one and five years

3,768

6,147

6,147

8,526

Non-cancellable

operating leases

2025

2024

£

£

Within one year

214,752

264,535

Between one and five years

129,752

368,605

344,504

633,140

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

6,147

8,526

Hire purchase contracts are secured on the assets to which they relate.

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

43,496

49,690

Deferred

tax

£

Balance at 1 January 2025

49,690

Provided during year

(6,194

)

Balance at 31 December 2025

43,496

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

The Report of the Auditors was unqualified.

Mark Harrison BA (Hons) FCA (Senior Statutory Auditor)

for and on behalf of Mark J Rees LLP Chartered Accountants

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mr G Slade

Balance outstanding at start of year

(100

)

-

Amounts advanced

2,000

-

Amounts repaid

-

(100

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,900

(100

)

No interest was charged on this balance. The amount is repayable on demand.

14.	RELATED PARTY DISCLOSURES

Purchases of £3,723,755 (2024: £3,317,325) were made from LLC Ventilation Systems, a fellow subsidiary undertaking. At the year end £1,257,378 (2024: £1,390,856) was owed to LLC Ventilation Systems and £673,485 (2024: £897,110) to Blauberg Cyprus.

15.	ULTIMATE CONTROLLING PARTY

The Company is controlled by O Klapishevskyy and A Tsomyk by virtue of their shareholdings in the ultimate parent undertaking.

16.	IMMEDIATE AND ULTIMATE PARENT UNDERTAKING

Blauberg Group AG, a Company incorporated in Luxembourg, is the immediate and ultimate parent undertaking. Copies of the consolidated accounts of Blauberg Group AG are available from 272, Rue de Neudorf, L-2222, Luxembourg.

17.	PENSION COMMITMENTS

The company operates defined contribution pension schemes. The assets of the schemes are held separately from those of the company within independently administered funds. The total contributions paid in the year amounted to £35,921 (2024 - £25,247). Contributions of £10,078 (2024 - £10,367) were unpaid at the year end.