REGISTERED NUMBER: 07280900 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

FOR

WE ARE TILT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J J Malyon

P D Evans

C B Cooke

P Mallaghan

REGISTERED OFFICE:

Unit 1

41 New England Street

Brighton

BN1 4GQ

REGISTERED NUMBER:

07280900 (England and Wales)

ACCOUNTANTS:

Peter Jarman LLP

trading as

Peter Jarman & Company

St James' Hall

Mill Road

Lancing

West Sussex

BN15 0PT

FIXED ASSETS

Tangible assets

4

97,288

118,120

Investments

5

105,118

101,924

202,406

220,044

CURRENT ASSETS

Stocks

45,818

136,655

Debtors

6

929,917

975,076

Cash at bank

2,076,668

1,869,934

3,052,403

2,981,665

CREDITORS

Amounts falling due within one year

7

(173,448

)

(298,752

)

NET CURRENT ASSETS

2,878,955

2,682,913

TOTAL ASSETS LESS CURRENT LIABILITIES

3,081,361

2,902,957

PROVISIONS FOR LIABILITIES

8

(24,322

)

(29,530

)

ACCRUALS AND DEFERRED INCOME

(1,865,315

)

(1,416,292

)

NET ASSETS

1,191,724

1,457,135

CAPITAL AND RESERVES

Called up share capital

9

9

Share premium

65,868

54,894

Retained earnings

1,125,847

1,402,232

SHAREHOLDERS' FUNDS

1,191,724

1,457,135

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2025 and were signed on its behalf by:

J J Malyon - Director

P Mallaghan - Director

P D Evans - Director

1.	STATUTORY INFORMATION

We Are Tilt 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the net amounts charged to customers in respect of goods and services provided during the accounting period excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2024 - 39 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

378,774

Additions

16,315

Disposals

(42,785

)

At 30 June 2025

352,304

DEPRECIATION

At 1 July 2024

260,654

Charge for year

26,994

Eliminated on disposal

(32,632

)

At 30 June 2025

255,016

NET BOOK VALUE

At 30 June 2025

97,288

At 30 June 2024

118,120

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 July 2024

101,924

Revaluations

3,194

At 30 June 2025

105,118

NET BOOK VALUE

At 30 June 2025

105,118

At 30 June 2024

101,924

Cost or valuation at 30 June 2025 is represented by:

Other

investments

£

Valuation in 2022

(11,191

)

Valuation in 2023

5,938

Valuation in 2024

7,177

Valuation in 2025

3,194

Cost

100,000

105,118

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

100,000

100,000

Fixed asset investments were valued on an open market basis on 30 June 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

879,874

937,576

Other debtors

50,043

37,500

929,917

975,076

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

29,393

69,380

Taxation and social security

123,175

188,417

Other creditors

20,880

40,955

173,448

298,752

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

24,322

29,530

Deferred

tax

£

Balance at 1 July 2024

29,530

Capital allowances in advance

(5,208

)

of depreciation

Balance at 30 June 2025

24,322

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

2025

2024

£

£

P D Evans

Balance outstanding at start of year

10,000

10,000

Amounts advanced

10,000

-

Amounts repaid

(10,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,000

10,000

10.	RELATED PARTY DISCLOSURES

During the year the company rented property from MCE Investments Ltd at a cost of £84,000 (2024: £84,000), a company in which CB Cooke, JJ Malyon & PD Evans are also directors and controlling shareholders. As at the year end an amount of £nil (2024: nil) was outstanding.