REGISTERED NUMBER: 09655104 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Everything Goes Bang Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A Vardy

Miss S M Stewart

REGISTERED OFFICE:

Solent House

107a Alma Road

Southampton

SO14 6UY

REGISTERED NUMBER:

09655104 (England and Wales)

ACCOUNTANTS:

Thomas Croft Limited

Accountants And Taxation Consultants

Solent House

107a Alma Road

Portswood

Southampton

Hampshire

SO14 6UY

FIXED ASSETS

Intangible assets

4

3,634

3,634

Tangible assets

5

17,634

23,513

21,268

27,147

CURRENT ASSETS

Stocks

132,773

121,683

Debtors

6

12,015

336

Cash at bank

4,294

4,194

149,082

126,213

CREDITORS

Amounts falling due within one year

7

103,196

79,290

NET CURRENT ASSETS

45,886

46,923

TOTAL ASSETS LESS CURRENT LIABILITIES

67,154

74,070

CREDITORS

Amounts falling due after more than one year

8

24,542

36,914

NET ASSETS

42,612

37,156

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

42,512

37,056

SHAREHOLDERS' FUNDS

42,612

37,156

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 17 September 2025 and were signed on its behalf by:

Mr A Vardy - Director

1.	STATUTORY INFORMATION

Everything Goes Bang 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.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Legal fees are being amortised evenly over their estimated useful life of nil years.

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

-

25% on reducing balance

Motor vehicles

-

25% 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Legal

fees

£

COST

At 1 July 2024

and 30 June 2025

3,634

NET BOOK VALUE

At 30 June 2025

3,634

At 30 June 2024

3,634

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2024

32,846

15,750

6,647

55,243

Disposals

-

-

(6,647

)

(6,647

)

At 30 June 2025

32,846

15,750

-

48,596

DEPRECIATION

At 1 July 2024

24,427

656

6,647

31,730

Charge for year

2,105

3,774

-

5,879

Eliminated on disposal

-

-

(6,647

)

(6,647

)

At 30 June 2025

26,532

4,430

-

30,962

NET BOOK VALUE

At 30 June 2025

6,314

11,320

-

17,634

At 30 June 2024

8,419

15,094

-

23,513

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Other debtors

10,690

-

Prepayments

1,325

336

12,015

336

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Taxation and social security

22,935

7,936

Other creditors

80,261

71,354

103,196

79,290

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

13,100

21,164

Hire purchase contracts

11,442

15,750

24,542

36,914

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 July 2024

37,056

Profit for the year

35,456

Dividends

(30,000

)

At 30 June 2025

42,512

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

30.6.25

30.6.24

£

£

Mr A Vardy

Balance outstanding at start of year

(14,713

)

(28,293

)

Amounts advanced

34,346

36,542

Amounts repaid

(62,212

)

(22,962

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(42,579

)

(14,713

)

Miss S M Stewart

Balance outstanding at start of year

(42,112

)

(34,812

)

Amounts advanced

5,600

1,700

Amounts repaid

-

(9,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(36,512

)

(42,112

)

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £30,000 were paid to the directors .

The company was under the control of Mr A Vardy and Miss K Stewart throughout the current period. Mr A Vardy and Miss K Stewart are the managing directors and majority shareholders.

During the year Kiwi Audio Limited loaned £nil (2024: £13,500) to the company. At the financial year end, Kiwi Audio Ltd owed £7,690 to the company. Miss K Stewart is the managing director and majority shareholder of this company.