REGISTERED NUMBER: 13722572 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Standard Industries UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J I Pollack

Mrs M Suniewick

M Fedorcik

REGISTERED OFFICE:

71-75 Shelton Street

Covent Garden

London

WC2H 9JQ

REGISTERED NUMBER:

13722572 (England and Wales)

AUDITORS:

Mark Arber Limited

Chartered Certified Accountants

& Statutory Auditors

71-75 Shelton Street

London

WC2H 9JQ

FIXED ASSETS

Tangible assets

4

539,599

901,477

CURRENT ASSETS

Debtors

5

3,799,058

796,677

Cash at bank

1,138,250

3,929,461

4,937,308

4,726,138

CREDITORS

Amounts falling due within one year

6

(680,888

)

(863,021

)

NET CURRENT ASSETS

4,256,420

3,863,117

TOTAL ASSETS LESS CURRENT LIABILITIES

4,796,019

4,764,594

CAPITAL AND RESERVES

Called up share capital

8

1

1

Share premium

4,713,886

4,713,886

Retained earnings

82,132

50,707

SHAREHOLDERS' FUNDS

4,796,019

4,764,594

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 Board of Directors and authorised for issue on 31 October 2026 and were signed on its behalf by:

M Fedorcik - Director

1.	STATUTORY INFORMATION

Standard Industries UK Ltd 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.

These financial statements have been drawn up on the going concern basis. The company is dependent upon the support of its parent company, and only customer, in order to meet its working capital requirements. The parent company has provided assurances that this support will continue for a period that exceeds twelve months from the date of approval of these financial statements.

On the basis of these assurances the directors believe that the going concern basis is appropriate.

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 represents amounts receivable from group undertakings under the terms of inter-company service agreements on a cost plus basis in respect of services provided. Turnover is recognised when the underlying chargeable costs are incurred in accordance with the terms of the relevant agreement.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements - over the remaining term of the lease.

Fixtures and fittings - 20% on cost

Computers - 33% on cost

Motor Vehicles-20% on cost

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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event for which it is probable that there will be an outflow of economic benefits that can be reasonably estimated.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

and

Office

improvements

fittings

equipment

Computers

Totals

£

£

£

£

£

COST

At 1 January 2025

1,412,000

198,211

96,955

172,550

1,879,716

Additions

-

-

151,999

-

151,999

Disposals

-

-

(96,955

)

-

(96,955

)

At 31 December 2025

1,412,000

198,211

151,999

172,550

1,934,760

DEPRECIATION

At 1 January 2025

743,158

87,463

25,855

121,763

978,239

Charge for year

330,716

39,642

27,646

49,619

447,623

Eliminated on disposal

-

-

(30,701

)

-

(30,701

)

At 31 December 2025

1,073,874

127,105

22,800

171,382

1,395,161

NET BOOK VALUE

At 31 December 2025

338,126

71,106

129,199

1,168

539,599

At 31 December 2024

668,842

110,748

71,100

50,787

901,477

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed by group undertakings

3,425,551

588,289

VAT

249,788

107,061

Deferred tax asset

DTA

22,887

-

Prepayments and accrued income

100,832

101,327

3,799,058

796,677

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

42

7,834

Taxation and social security

4,161

258,272

Other creditors

676,685

596,915

680,888

863,021

7.	LEASING AGREEMENTS

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

31.12.25

31.12.24

£

£

Within one year

262,501

350,001

Between two and five years

1,225,004

1,137,503

More than five years

252,912

602,913

1,740,417

2,090,417

The ten year lease ends on 15 December 2031 with a break clause at 15 December 2026.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

103

Ordinary

0.01

1

1

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

The Report of the Auditors was unqualified.

Mark Arber (Senior Statutory Auditor)

for and on behalf of Mark Arber Limited

10.	ULTIMATE CONTROLLING PARTY