REGISTERED NUMBER: 12515542 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Endeavour Tactical Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

T Pattison

R Rickell

M J Smith

Registered office:

3 Acorn Place

Heckworth Close

Severalls Industrial Park

Colchester

CO4 9TQ

Registered number:

12515542 (England and Wales)

Auditors:

Acre Accountancy Limited

Statutory Auditor

Certified Accountants

Unit 2 Foley Works

Foley Trading Estate

Hereford

Herefordshire

HR1 2SF

FIXED ASSETS

Tangible assets

4

-

15,663

CURRENT ASSETS

Stocks

5

306,436

340,467

Debtors

6

88,438

83,452

Cash at bank and in hand

111,226

79,856

506,100

503,775

CREDITORS

Amounts falling due within one year

7

(312,902

)

(419,609

)

NET CURRENT ASSETS

193,198

84,166

TOTAL ASSETS LESS CURRENT LIABILITIES

193,198

99,829

PROVISIONS FOR LIABILITIES

9

-

(2,731

)

NET ASSETS

193,198

97,098

CAPITAL AND RESERVES

Called up share capital

5

5

Share premium

59,995

59,995

Capital redemption reserve

1

1

Retained earnings

133,197

37,097

193,198

97,098

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 19 November 2025 and were signed on its behalf by:

M J Smith - Director

1.	STATUTORY INFORMATION

Endeavour Tactical 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.

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:-

- The company has transferred the significant risks and rewards of ownership to the buyer;

- The company retains neither continuing managerial involvement to the degree usually associated with

ownership nor effective control over the goods sold;

- The amount of revenue can be measured reliably;

- It is probable that the company will receive the consideration due under the transaction;

- The costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

-

20% on reducing balance

Fixtures and fittings

-

33% on cost

Motor vehicles

-

20% on reducing balance

Computer equipment

-

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.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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.

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Going concern

The directors have reviewed budgets and forecasts for a period of 12 months from approval of the financial statements. It is noted that the company owes a fellow subsidiary a significant trading balance at 31 March 2025, however the fellow subsidiary is supportive and will not seek repayment of the intercompany balance until such a time that the company itself is self-sufficient. Considering this, the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

Cost

At 1 April 2024

and 31 March 2025

25,966

Depreciation

At 1 April 2024

10,303

Charge for year

15,663

At 31 March 2025

25,966

Net book value

At 31 March 2025

-

At 31 March 2024

15,663

5.

STOCKS

2025

2024

£

£

Goods for resale

306,436

340,467

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

16,296

52,402

Other debtors

72,142

31,050

88,438

83,452

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

10,004

32,625

Amounts owed to group undertakings

253,903

277,915

Taxation and social security

1,359

73,644

Other creditors

47,636

35,425

312,902

419,609

8.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

23,000

23,000

Between one and five years

-

23,000

23,000

46,000

9.	PROVISIONS FOR LIABILITIES

2024

£

Deferred tax

2,731

Deferred

tax

£

Balance at 1 April 2024

2,731

Provided during year

(3,804

)

Balance at 31 March 2025

(1,073

)

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Russell Spencer (Senior Statutory Auditor)

for and on behalf of Acre Accountancy Limited

11.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £1,787 (2024: £1,406). Contributions totalling £454 (2024: £536) were payable to the fund at the reporting date and are included in creditors.

12.	RELATED PARTY TRANSACTIONS

During the period transactions occurred with a company related by virtue of significant influence. Purchases were made totalling £100,627 (2024: £156,980) with amounts outstanding at the year end of £nil (2024: £3,628).

During the period transactions occurred with the immediate parent company. Management charges were charged by the immediate parent totalling £49,464 with a remaining balance owed at the year end of £227,016.

During the period transactions occurred with another group subsidiary company. Sales were made totalling £2,140,749, with a remaining balance due of £nil. Purchases were made totalling £154,921with a remaining balance owed at the year end of £30,471.

13.	ULTIMATE CONTROLLING PARTY

From 1 April 2024, the company is controlled by 1NewCo Ltd. The ultimate controlling party is still Mr K Mann by virtue of their shareholding.

The smallest group in which the results of the company are consolidated is that headed by 1NewCo Ltd. The address of 1 NewCo Ltd's registered office is Foley Trading Estate, Hereford, HR1 2SF.