Company No: 10490555 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	293,861		307,989
		293,861		307,989
Current assets
Debtors	4	23,158		28,584
Cash at bank and in hand		41,162		20,439
		64,320		49,023
Creditors: amounts falling due within one year	5	( 89,087)		( 96,301)
Net current liabilities		(24,767)		(47,278)
Total assets less current liabilities		269,094		260,711
Creditors: amounts falling due after more than one year	6	( 118,461)		( 170,738)
Net assets		150,633		89,973
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		150,533		89,873
Total shareholders' funds		150,633		89,973

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

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Waggle Events Limited (registered number: 10490555) were approved and authorised for issue by the Board of Directors on 01 September 2025. They were signed on its behalf by:

Mr J R G Watson 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

Waggle Events Limited (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 Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, 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.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax. The company recognises revenue based on its value of the service provided to date.

Tangible fixed assets

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

Leasehold improvements	7 years straight line
Plant and machinery	7 years straight line
Vehicles	7 years straight line
Fixtures and fittings	7 years straight line
Office equipment	7 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	6		5

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£		£
Cost
At 01 April 2024	114,391		20,719		35,425		327,902		12,419		510,856
Additions	0		717		22,000		47,292		3,849		73,858
Disposals	0		0		( 12,847)		0		0		( 12,847)
At 31 March 2025	114,391		21,436		44,578		375,194		16,268		571,867
Accumulated depreciation
At 01 April 2024	16,685		7,702		9,917		161,139		7,424		202,867
Charge for the financial year	17,157		3,050		6,687		46,796		1,770		75,460
Disposals	0		0		( 321)		0		0		( 321)
At 31 March 2025	33,842		10,752		16,283		207,935		9,194		278,006
Net book value
At 31 March 2025	80,549		10,684		28,295		167,259		7,074		293,861
At 31 March 2024	97,706		13,017		25,508		166,763		4,995		307,989

4. Debtors

	2025		2024
	£		£
Trade debtors	23,158		28,584

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	4,200		4,200
Trade creditors	9,254		12,154
Other taxation and social security	5,001		7,432
Obligations under finance leases and hire purchase contracts	3,200		0
Other creditors	67,432		72,515
	89,087		96,301

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	2,467		5,929
Obligations under finance leases and hire purchase contracts	3,733		0
Other creditors	112,261		164,809
	118,461		170,738

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
60 Ordinary A shares of £ 1.00 each	60		60
40 Ordinary B shares of £ 1.00 each	40		40
	100		100