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Registered number: 09987955
Wolfpack International Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Modus Accountants Ltd
Unit 1c Church Green
Witney
OX28 4YR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09987955
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 425,000 406,000
425,000 406,000
CURRENT ASSETS
Debtors 5 130,248 125,345
Investments 6 - 30,006
Cash at bank and in hand 16,921 15,041
147,169 170,392
Creditors: Amounts Falling Due Within One Year 7 (354,739 ) (354,616 )
NET CURRENT ASSETS (LIABILITIES) (207,570 ) (184,224 )
TOTAL ASSETS LESS CURRENT LIABILITIES 217,430 221,776
Creditors: Amounts Falling Due After More Than One Year 8 (212,665 ) (211,003 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,768 ) (6,039 )
NET (LIABILITIES)/ASSETS (4,003 ) 4,734
CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 11 37,381 25,745
Profit and Loss Account (41,484 ) (21,111 )
SHAREHOLDERS' FUNDS (4,003) 4,734
Page 1
Page 2
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
R Fannon Iv
Director
1 December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wolfpack International Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09987955 . The registered office is Unit 1c Eagle Industrial Estate, Church Green, Witney, Oxon, OX28 4YR.
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.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. 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:
Fixtures & Fittings 25% Straight Line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost or Valuation
As at 1 September 2024 406,000 5,640 411,640
Additions 4,635 - 4,635
Revaluation 14,365 - 14,365
As at 31 August 2025 425,000 5,640 430,640
Depreciation
As at 1 September 2024 - 5,640 5,640
As at 31 August 2025 - 5,640 5,640
Net Book Value
As at 31 August 2025 425,000 - 425,000
As at 1 September 2024 406,000 - 406,000
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 130,248 125,345
6. Current Asset Investments
2025 2024
£ £
Unlisted investments - 30,006
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 2,955 2,899
Other creditors 351,784 351,717
354,739 354,616
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 212,665 211,003
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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Page 5
10. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:
As at 1 September 2024 Amounts advanced Amounts repaid Amounts written off As at 31 August 2025
£ £ £ £ £
Mr Robert Fannon Iv 351,717 68 - - 351,785
As at the year end, the company owed the director, Mr R Fannon, £351,785 (£351,717 2024)  by way of directors loan.
The above loan is unsecured, interest free and repayable on demand.
11. Reserves
Fair Value Reserve
£
As at 1 September 2024 25,745
Movements in fair value reserve 11,636
As at 31 August 2025 37,381
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