We Are Ghost Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07591303

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		24,485		29,132

			24,485		29,132
CURRENT ASSETS
Stocks	5	35,000		35,000
Debtors	6	167,038		131,700

		202,038		166,700
Creditors: Amounts Falling Due Within One Year	7	(304,460 )		(229,400 )

NET CURRENT ASSETS (LIABILITIES)			(102,422 )		(62,700 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(77,937 )		(33,568 )

Creditors: Amounts Falling Due After More Than One Year	8		(26,261 )		(32,680 )

NET LIABILITIES			(104,198 )		(66,248 )

CAPITAL AND RESERVES
Called up share capital	9		220		220
Profit and Loss Account			(104,418 )		(66,468 )

SHAREHOLDERS' FUNDS			(104,198)		(66,248)

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We Are Ghost Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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

Mr David Agnew

Director

12 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

We Are Ghost Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07591303 . The registered office is 25 Bridge Street, Burton-On-Trent, Staffordshire, DE14 1SY.

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. Going Concern Disclosure

The director believes that preparing the financial statements on the going concern basis is appropriate due to

continued financial support by the director.

2.3. 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.

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:

Leasehold	10% reducing balance
Plant & Machinery	20% reducing balance
Fixtures & Fittings	20% reducing balance
Computer Equipment	30% reducing balance

2.5. Leasing and Hire Purchase Contracts

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Financial Instruments

Basic financial assets, which includes debtors and cash and bank balances, are initially measured at transaction

price including transaction costs and are subsequently carried at amortisation cost using the effective interest

method unless the arrangement constitutes a financing transaction, where the transaction is measured at the

present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable

within one year are not amortised.

2.8. 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: 10 (2024: 12)

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We Are Ghost Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	51,449	51,651	29,795	132,895

As at 31 March 2025	51,449	51,651	29,795	132,895

Depreciation
As at 1 April 2024	33,501	44,483	25,779	103,763
Provided during the period	1,794	2,050	803	4,647

As at 31 March 2025	35,295	46,533	26,582	108,410

Net Book Value
As at 31 March 2025	16,154	5,118	3,213	24,485

As at 1 April 2024	17,948	7,168	4,016	29,132

5. Stocks

	2025	2024
	£	£
Work in progress	35,000	35,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	63,038	59,200
Other debtors	104,000	72,500

	167,038	131,700

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	31,295	2,397
Bank loans and overdrafts	32,061	32,157
Other creditors	192,846	144,762
Taxation and social security	48,258	50,084

	304,460	229,400

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

	2025	2024
	£	£
Bank loans	26,261	32,680

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We Are Ghost Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	220	220

Allotted, issued and fully paid:

Number: Class: Nominal

value:

200 Ordinary £1

10 A Ordinary £1

10 B Ordinary £1

10. Directors Advances, Credits and Guarantees

Included within creditors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr David Agnew	(10,121 )	54,295	(78,474 )	-	(34,300 )

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

11. Related Party Transactions

The company received a loan of £143,948 (2024 - £107,382) from Blocwork Studios Ltd, a company with common

director.

Included in Trade Debtors are invoices with an outstanding value of £45,566 (2024 - £26,769) relating to Blocwork

Studios Ltd, a company with common director.

12. Ultimate Controlling Party

The company's ultimate controlling party is Mr D Agnew by virtue of his ownership of 70% of the issued share capital in the company.

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