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REGISTERED NUMBER: 11828416 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 26TH FEBRUARY 2025

FOR

THE WILD GINGER GIFTS & HOMEWARES LTD

THE WILD GINGER GIFTS & HOMEWARES LTD (REGISTERED NUMBER: 11828416)

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 26TH FEBRUARY 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

THE WILD GINGER GIFTS & HOMEWARES LTD

COMPANY INFORMATION

for the Year Ended 26TH FEBRUARY 2025

| DIRECTOR: | Miss S E Peteranna

| REGISTERED OFFICE: | 327 Clifton Drive South

| Lytham St Annes

| Lancashire

| FY8 1HN

| REGISTERED NUMBER: | 11828416 (England and Wales)

| ACCOUNTANTS: | Whitehead & Howarth

| 327 Clifton Drive South

| Lytham St Annes

| Lancashire

| FY8 1HN

THE WILD GINGER GIFTS & HOMEWARES LTD (REGISTERED NUMBER: 11828416)

BALANCE SHEET

26TH FEBRUARY 2025

| 26/2/25 | 26/2/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 2,063 |  | 2,669 |  |

CURRENT ASSETS

Stocks | 9,500 |  | 15,000 |  |

Debtors | 5 | 659 |  | 4,444 |  |

Cash at bank and in hand | 7,021 |  | 11,269 |  |

17,180 |  | 30,713 |  |

CREDITORS

Amounts falling due within one year | 6 | 30,810 |  | 25,351 |  |

NET CURRENT (LIABILITIES)/ASSETS | (13,630 | ) | 5,362 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | (11,567 | ) | 8,031 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (2,047 | ) | (5,047 | ) |

PROVISIONS FOR LIABILITIES | - |  | (507 | ) |

NET (LIABILITIES)/ASSETS | (13,614 | ) | 2,477 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (13,714 | ) | 2,377 |  |

(13,614 | ) | 2,477 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 26th February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 26th February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 WILD GINGER GIFTS & HOMEWARES LTD (REGISTERED NUMBER: 11828416)

BALANCE SHEET - continued

26TH FEBRUARY 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17th November 2025 and were signed by:

Miss S E Peteranna - Director

THE WILD GINGER GIFTS & HOMEWARES LTD (REGISTERED NUMBER: 11828416)

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 26TH FEBRUARY 2025

1. | STATUTORY INFORMATION

| The Wild Ginger Gifts & Homewares 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.

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.

| The financial statements have been prepared on a Going Concern basis. The company made a trading loss in the year of £16,091 and as at 26th February 2025 there were net liabilities of £13,714 after taking into account the directors loan account of £22,051 which is owed to the director. The director has confirmed her continued support for at least the next twelve months. The director believes that it is appropriate to prepare the financial statements on a Going Concern basis.

| Turnover

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

| 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 | - | 33% on reducing balance and 20% on reducing balance

| 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.

| 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.

| 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.

THE WILD GINGER GIFTS & HOMEWARES LTD (REGISTERED NUMBER: 11828416)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 26TH FEBRUARY 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 27th February 2024 | 7,147 |  |

| Disposals | (319 | ) |

| At 26th February 2025 | 6,828 |  |

| DEPRECIATION

| At 27th February 2024 | 4,478 |  |

| Charge for year | 531 |  |

| Eliminated on disposal | (244 | ) |

| At 26th February 2025 | 4,765 |  |

| NET BOOK VALUE

| At 26th February 2025 | 2,063 |  |

| At 26th February 2024 | 2,669 |  |

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

| 26/2/25 |  | 26/2/24

£ | £ |

| Other debtors | 659 |  | 4,444 |  |

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

| 26/2/25 |  | 26/2/24

£ | £ |

| Bank loans and overdrafts | 3,000 |  | 3,000 |  |

| Trade creditors | 1,120 |  | 1,650 |  |

| Taxation and social security | 82 |  | 255 |  |

| Other creditors | 26,608 |  | 20,446 |  |

30,810 |  | 25,351 |  |

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

| 26/2/25 |  | 26/2/24

£ | £ |

| Bank loans | 2,047 |  | 5,047 |  |

8. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

| 26/2/25 |  | 26/2/24

£ | £ |

| Within one year | - |  | 550 |  |

THE WILD GINGER GIFTS & HOMEWARES LTD (REGISTERED NUMBER: 11828416)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 26TH FEBRUARY 2025

8. | LEASING AGREEMENTS - continued

| There is no rent review over the fixed term.

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| At the year end the loan account of the director was in credit by £22,051 (2024: £15,528). This amount is included within other creditors.

10. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party is Miss S E Peteranna.