REGISTERED NUMBER: 11839927 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Voly Entertainment Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

443

661

CURRENT ASSETS

Stocks

2,992

6,133

Debtors

5

31,550

42,647

Cash at bank

319

-

34,861

48,780

CREDITORS

Amounts falling due within one year

6

1,679,222

1,312,301

NET CURRENT LIABILITIES

(1,644,361

)

(1,263,521

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,643,918

)

(1,262,860

)

PROVISIONS FOR LIABILITIES

111

165

NET LIABILITIES

(1,644,029

)

(1,263,025

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(1,644,129

)

(1,263,125

)

SHAREHOLDERS' FUNDS

(1,644,029

)

(1,263,025

)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

Mr S Evans - Director

1.	STATUTORY INFORMATION

Voly Entertainment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11839927

Registered office:

5 Brooks Drive

Cheadle Royal Business Park

Cheadle

Greater Manchester

SK8 3TD

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

The financial statements have been prepared on a going concern basis not withstanding that the company has a net liability position of £1,644,029 (2024: £1,263,025) as it incurred a loss of £381,004 (2024: £537,967) during the year. The directors have prepared forecasts for the next three years and these forecasts demonstrate that the company will be a going concern for that period given the continued support of the ultimate shareholders and funders, the expectation to continue to make Group positive EBITDA in the year ended 31 March 2026. The directors are satisfied that they have access to additional funding from the ultimate shareholders and funders. The ultimate shareholders are prepared to continue to support the company for the next twelve months from when these financial statements are approved and so the directors believe the company is a going concern.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

986

DEPRECIATION

At 1 April 2024

325

Charge for year

218

At 31 March 2025

543

NET BOOK VALUE

At 31 March 2025

443

At 31 March 2024

661

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,057

7,177

Amounts owed by group undertakings

21,100

12,600

Other debtors

7,393

22,870

31,550

42,647

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

12,325

30,401

Amounts owed to group undertakings

1,657,398

1,256,664

Taxation and social security

3,193

1,166

Other creditors

6,306

24,070

1,679,222

1,312,301

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

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

The Report of the Auditors was unqualified.

Jeremy Bostock BA BFP FCA (Senior Statutory Auditor)

for and on behalf of Thompson Wright (Audit) Limited

9.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

10.	ULTIMATE CONTROLLING PARTY

The company is a 100% owned subsidiary of Voly Group Limited, a company incorporated in England and registered at 5 Brooks Drive, Cheadle Royal Business Park, Cheadle, Greater Manchester, England, SK8 3TD. Consolidated financial statements are available from the registered office.

The ultimate controlling party is Voly Holdco Limited, registered no: 68747, a company formed in Guernsey by virtue of its majority shareholding.