REGISTERED NUMBER: 04562514 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025

FOR

REDWOLF AIRSOFT UK LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

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

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.

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

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.

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

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.