Company registration number 07155670 (England and Wales)
Little Wolf Entertainment Ltd
Unaudited financial statements
For the year ended 27 February 2025
Little Wolf Entertainment Ltd
Contents
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 8
Little Wolf Entertainment Ltd
Accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Little Wolf Entertainment Ltd for the year ended 27 February 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Little Wolf Entertainment Ltd for the year ended 27 February 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Little Wolf Entertainment Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Little Wolf Entertainment Ltd and state those matters that we have agreed to state to the b oard of d irectors of Little Wolf Entertainment Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Little Wolf Entertainment Ltd and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Little Wolf Entertainment Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Little Wolf Entertainment Ltd. You consider that Little Wolf Entertainment Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Little Wolf Entertainment Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

DJH Derby Limited
5 Prospect Place
Millennium Way
Pride Park
Derby
DE24 8HG
24 October 2025
Little Wolf Entertainment Ltd
Balance sheet
As at 27 February 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
51,147
67,415
Current assets
Debtors
4
254,663
658,430
Cash at bank and in hand
496,104
271,018
750,767
929,448
Creditors: amounts falling due within one year
5
(430,908)
(420,854)
Net current assets
319,859
508,594
Total assets less current liabilities
371,006
576,009
Provisions for liabilities
-
0
(12,809)
Net assets
371,006
563,200
Capital and reserves
Called up share capital
6
4
4
Profit and loss reserves
371,002
563,196
Total equity
371,006
563,200
Little Wolf Entertainment Ltd
Balance sheet (continued)
As at 27 February 2025
- 3 -

For the financial year ended 27 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question 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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 24 October 2025 and are signed on its behalf by:
A G Bowles
M G Brind
Director
Director
Company registration number 07155670 (England and Wales)
Little Wolf Entertainment Ltd
Notes to the financial statements
For the year ended 27 February 2025
- 4 -
1
Accounting policies
Company information

Little Wolf Entertainment Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 3 & 4, Duffield Road Industrial Estate, Little Eaton, Derby, DE21 5EG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recover ed.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% reducing balance/33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Little Wolf Entertainment Ltd
Notes to the financial statements (continued)
For the year ended 27 February 2025
1
Accounting policies
(Continued)
- 5 -
1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Little Wolf Entertainment Ltd
Notes to the financial statements (continued)
For the year ended 27 February 2025
1
Accounting policies
(Continued)
- 6 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
4
2
Little Wolf Entertainment Ltd
Notes to the financial statements (continued)
For the year ended 27 February 2025
- 7 -
3
Tangible fixed assets
Plant and equipment
£
Cost
At 28 February 2024
405,406
Additions
924
At 27 February 2025
406,330
Depreciation and impairment
At 28 February 2024
337,991
Depreciation charged in the year
17,192
At 27 February 2025
355,183
Carrying amount
At 27 February 2025
51,147
At 27 February 2024
67,415
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
5,001
20,581
Other debtors
249,662
637,849
254,663
658,430
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
539
26,776
Taxation and social security
90,983
96,465
Other creditors
339,386
297,613
430,908
420,854
Little Wolf Entertainment Ltd
Notes to the financial statements (continued)
For the year ended 27 February 2025
- 8 -
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A shares of £1 each
2
2
2
2
Ordinary B shares of £1 each
2
2
2
2
4
4
4
4
7
Events after the reporting date

Since the balance sheet date, dividends of £43,377 have been voted.

8
Directors' transactions
During the year the following movements took place in respect of loans made to directors:
Description
% Rate
Opening balance
Amounts repaid
Closing balance
£
£
£
Interest free loans repayable on demand
-
882
(882)
-
882
(882)
-

At the balance sheet date the amounts owed to directors amounted to £30,351 (202 4 - £10,003). The loans are provided interest free and are repayable on demand.

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