Andark Promotions Limited - Filleted accounts

Registered number

01280174

Andark Promotions Limited

Unaudited Filleted Accounts

30 April 2025

Andark Promotions Limited
Registered number:		01280174
Balance Sheet
as at 30 April 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		339,716			364,608

Current assets
Stocks		472,644			546,822
Debtors	4	72,499			92,923
Cash at bank and in hand		904			2,443
		546,047			642,188

Creditors: amounts falling due within one year	5	(579,639)			(627,798)

Net current (liabilities)/assets			(33,592)			14,390

Total assets less current liabilities			306,124			378,998

Creditors: amounts falling due after more than one year	6		(61,690)			(101,118)

Provisions for liabilities			(34,706)			(38,220)


Net assets			209,728			239,660

Capital and reserves
Called up share capital			100			100
Profit and loss account			209,628			239,560

Shareholders' funds			209,728			239,660

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr A P Goddard
Director
Approved by the board on 9 December 2025

Andark Promotions Limited
Notes to the Accounts
for the year ended 30 April 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 sale of goods and from rendering services. Turnover from the sale of goods is recognised at the point of sale which is usually when the goods are physically passed to the customer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:

	Leasehold land and buildings			over the lease term
	Plant and machinery			10% - 33% straight line
	Motor vehicles			30% reducing balance

	Stocks
	Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Government Grants
	Revenue based Government grants are recognised as income when there is reasonable certainty that the Company complies with the conditions attaching to them and that the grants will be received.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					24		25


3	Tangible fixed assets
		Leasehold Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 May 2024	1,205,420		351,669		46,489		1,603,578
	Additions	14,125		14,347		-		28,472
	At 30 April 2025	1,219,545		366,016		46,489		1,632,050

	Depreciation
	At 1 May 2024	874,960		322,343		41,667		1,238,970
	Charge for the year	37,455		14,464		1,445		53,364
	At 30 April 2025	912,415		336,807		43,112		1,292,334

	Net book value
	At 30 April 2025	307,130		29,209		3,377		339,716
	At 30 April 2024	330,460		29,326		4,822		364,608


4	Debtors					2025		2024
£							£

	Trade debtors					26,386		64,487
	Corporation tax repayable					-		245
	Other debtors					46,113		28,191
						72,499		92,923


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdraft					108,270		93,610
	Trade creditors					248,621		426,798
	Corporation tax					2,864		-
	Other taxes and social security costs					77,477		2,739
	Other creditors					142,407		104,651
						579,639		627,798


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					61,690		101,118


7	Loans					2025		2024
£							£
	Creditors include:

	Secured bank loan and overdraft					158,689		173,895

	The bank loan and overdraft are secured by a fixed and floating charge over all of the company's assets.


8	Other information

	Andark Promotions Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Westville
	Ober Road
	Brockenhurst
	Hampshire
	SO42 7ST