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Registered number: 09517066
WBD Group Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
CIGMA ACCOUNTING LTD
WBD Group Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
WBD Group Limited
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 09517066

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 40,008 |  | -
Tangible Assets | 5 |  | 29,833 |  | 26,000
Investments | 6 |  | 175,000 |  | -
|  |  | 244,841 |  | 26,000
CURRENT ASSETS
Debtors | 7 | 1,074,045 |  | 824,514 |
Cash at bank and in hand |  | 204,946 |  | 134,874 |
|  | 1,278,991 |  | 959,388 |
Creditors: Amounts Falling Due Within One Year | 8 | (668,989 ) |  | (474,245 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 610,002 |  | 485,143
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 854,843 |  | 511,143
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (152,003 ) |  | (64,625 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (5,668 ) |  | -
NET ASSETS |  |  | 697,172 |  | 446,518
CAPITAL AND RESERVES
Called up share capital | 10 |  | 2 |  | 2
Revaluation reserve | 12 |  | 7,680 |  | -
Profit and Loss Account |  |  | 689,490 |  | 446,516
SHAREHOLDERS' FUNDS |  |  | 697,172 |  | 446,518

Page 1
Page 2
WBD Group Limited
Balance Sheet (continued)
As At 31 May 2025
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr L McIntyre Director
14/11/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
WBD Group Limited
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
WBD Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09517066 . The registered office is 7th Floor, 167 Fleet Street, London, EC4A 2EA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the entity.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Cryptocurrency held by the company is classified as an intangible asset under Section 18 of FRS 102, as the digital tokens are:
(i) identifiable non-monetary assets without physical substance;
(ii) controlled by the Company (the ability to use or restrict use of the tokens);
(iii) held for investment purposes rather than trading in the ordinary course of business.
On initial recognition, the asset is measured at cost. Subsequent to initial recognition, the company has elected to apply the revaluation model (rather than the cost model) for this class of intangible assets (being “cryptocurrency investments”) because there is an active market for the tokens held (frequent trades, published price quotes, sufficient volume) such that fair value can be measured reliably. Gains arising on revaluation are credited to a revaluation reserve (other comprehensive income) unless reversing a prior impairment recognised in profit or loss; losses on revaluation are recognised in profit or loss unless taken from the revaluation reserve. Amortisation is not provided given the asset is held for investment and has an indefinite useful life by management’s judgement; the asset is assessed annually for impairment.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 20% Straight Line
Fixtures & Fittings | 20% Straight Line
Computer Equipment | 20% Straight Line

2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
Page 3
Page 4
WBD Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
2.6. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are intially recognised at the transaction price, unless the arrangement constitues a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
2.7. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2024: 12)
14 12
4. Intangible Assets

| Other
--- | ---
| £
Cost or Valuation
As at 1 June 2024 | -
Additions | 30,000
Revaluations | 10,240
Disposals | (232 )
As at 31 May 2025 | 40,008
Net Book Value
As at 31 May 2025 | 40,008
As at 1 June 2024 | -

Page 4
Page 5
WBD Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
5. Tangible Assets

| Plant & Machinery | Fixtures & Fittings | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 June 2024 | 34,469 | 13,766 | 14,877 | 63,112
Additions | 424 | 147 | 10,391 | 10,962
As at 31 May 2025 | 34,893 | 13,913 | 25,268 | 74,074
Depreciation
As at 1 June 2024 | 34,469 | 1,311 | 1,332 | 37,112
Provided during the period | 69 | 2,765 | 4,295 | 7,129
As at 31 May 2025 | 34,538 | 4,076 | 5,627 | 44,241
Net Book Value
As at 31 May 2025 | 355 | 9,837 | 19,641 | 29,833
As at 1 June 2024 | - | 12,455 | 13,545 | 26,000

6. Investments

| Unlisted
--- | ---
| £
Cost
As at 1 June 2024 | -
Additions | 175,000
As at 31 May 2025 | 175,000
Provision
As at 1 June 2024 | -
As at 31 May 2025 | -
Net Book Value
As at 31 May 2025 | 175,000
As at 1 June 2024 | -

7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 706,337 |  | 405,303
Prepayments and accrued income | 31,323 |  | 73,551
Other debtors | - |  | 4,335
Corporation tax recoverable assets | 133,551 |  | 70,293
Deferred tax current asset | (2,560) |  | 30,053
Director's loan account | 48,517 |  | 123,529
Amounts owed by other participating interests | 131,061 |  | 91,634
| 1,048,229 |  | 798,698

...CONTINUED
Page 5
Page 6
WBD Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025

Due after more than one year
Other debtors | 8,128 |  | 8,128
Corporation tax recoverable assets | 17,688 |  | 17,688
| 25,816 |  | 25,816
| 1,074,045 |  | 824,514

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 47,706 |  | 103,605
Other loans | 50,006 |  | 22,290
VAT | 263,246 |  | 157,712
Net wages | - |  | 781
Other creditors | 9,060 |  | 5,158
Payroll Liabilities | 293,197 |  | 179,844
Pensions | 5,774 |  | 4,855
| 668,989 |  | 474,245

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other loans | 152,003 |  | 64,625

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 June 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 31 May 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Liam McIntyre | 123,528 | 94,456 | 169,468 | - | 48,516

The above loan is unsecured, interest free and repayable on demand.
12. Reserves

| Revaluation Reserve
--- | ---
| £
Surplus on revaluation | 7,680
As at 31 May 2025 | 7,680

Page 6