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REGISTERED NUMBER: 04562514 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025

FOR

REDWOLF AIRSOFT UK LTD

REDWOLF AIRSOFT UK LTD (REGISTERED NUMBER: 04562514)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

REDWOLF AIRSOFT UK LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 5 APRIL 2025

| DIRECTOR: | D H M Yau

| REGISTERED OFFICE: | E6, Northway Trading Estate

| Northway Lane

| Tewkesbury

| Gloucestershire

| GL20 8JH

| REGISTERED NUMBER: | 04562514 (England and Wales)

| ACCOUNTANTS: | Randall & Payne LLP

| Chartered Accountants

| Chargrove House

| Shurdington Road

| Cheltenham

| Gloucestershire

| GL51 4GA

REDWOLF AIRSOFT UK LTD (REGISTERED NUMBER: 04562514)

BALANCE SHEET

5 APRIL 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 212 |  | 267 |  |

CURRENT ASSETS

Stocks | 90,449 |  | 82,480 |  |

Debtors | 5 | 6,815 |  | 15,638 |  |

Cash at bank and in hand | 82,448 |  | 71,483 |  |

179,712 |  | 169,601 |  |

CREDITORS

Amounts falling due within one year | 6 | 43,556 |  | 58,346 |  |

NET CURRENT ASSETS | 136,156 |  | 111,255 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 136,368 |  | 111,522 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 995 |  | 7,273 |  |

NET ASSETS | 135,373 |  | 104,249 |  |

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Retained earnings | 135,173 |  | 104,049 |  |

SHAREHOLDERS' FUNDS | 135,373 |  | 104,249 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

REDWOLF AIRSOFT UK LTD (REGISTERED NUMBER: 04562514)

BALANCE SHEET - continued

5 APRIL 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 October 2025 and were signed by:

D H M Yau - Director

REDWOLF AIRSOFT UK LTD (REGISTERED NUMBER: 04562514)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

1. | STATUTORY INFORMATION

| Redwolf Airsoft 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.

| 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Invoices are raised when the goods are despatched to the customer.

| Tangible fixed assets

| Fixtures and fittings -100% on cost in year of purchase and 20% on reducing balance

| Computer equipment - 33% on 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

| Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

| Taxation

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

REDWOLF AIRSOFT UK LTD (REGISTERED NUMBER: 04562514)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 5 APRIL 2025

2. | ACCOUNTING POLICIES - continued

| 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 pays contributions into the directors' individual defined contribution pension schemes. Contributions payable are charged to the profit and loss account in the period to which they relate.

| Going concern

| There are no material uncertainties that may cast significant doubt about the company’s ability to continue as a going concern.

| Provisions

| Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 6 April 2024

| and 5 April 2025 | 902 |  | 716 |  | 1,618 |  |

| DEPRECIATION

| At 6 April 2024 | 637 |  | 714 |  | 1,351 |  |

| Charge for year | 53 |  | 2 |  | 55 |  |

| At 5 April 2025 | 690 |  | 716 |  | 1,406 |  |

| NET BOOK VALUE

| At 5 April 2025 | 212 |  | - |  | 212 |  |

| At 5 April 2024 | 265 |  | 2 |  | 267 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 6,815 |  | 15,638 |  |

REDWOLF AIRSOFT UK LTD (REGISTERED NUMBER: 04562514)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 5 APRIL 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 6,277 |  | 6,124 |  |

| Trade creditors | 11,883 |  | 31,365 |  |

| Corporation Tax | 9,542 |  | 3,527 |  |

| Social security and other taxes | 177 |  | 193 |  |

| VAT | 12,857 |  | 14,204 |  |

| Other creditors | 123 |  | 119 |  |

| Directors' loan accounts | 184 |  | 1,208 |  |

| Accrued expenses | 2,513 |  | 1,606 |  |

43,556 |  | 58,346 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loan - 1-2 years | 995 |  | 6,277 |  |

| Bank loan - 2-5 years | - |  | 996 |  |

995 |  | 7,273 |  |

8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 5 April 2025 and 5 April 2024:

2025 | 2024 |

£ | £ |

| D H M Yau

| Balance outstanding at start of year | (1,208 | ) | 7,363 |  |

| Amounts advanced | 11,336 |  | 9,414 |  |

| Amounts repaid | (10,312 | ) | (17,985 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (184 | ) | (1,208 | ) |

| There are no set repayment terms on the above loans. Interest is being applied, where applicable, at the official HM Revenue & Customs rate.