The Cage Airsoft Limited

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

Registered number: 09913274

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		8,290		10,658

			8,290		10,658
CURRENT ASSETS
Stocks	5	23,232		30,800
Debtors	6	3,842		29,637
Cash at bank and in hand		783		2,256

		27,857		62,693
Creditors: Amounts Falling Due Within One Year	7	(49,193 )		(47,968 )

NET CURRENT ASSETS (LIABILITIES)			(21,336 )		14,725

TOTAL ASSETS LESS CURRENT LIABILITIES			(13,046 )		25,383

Creditors: Amounts Falling Due After More Than One Year	8		(47,088 )		(61,575 )

NET LIABILITIES			(60,134 )		(36,192 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(60,234 )		(36,292 )

SHAREHOLDERS' FUNDS			(60,134)		(36,192)

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The Cage Airsoft 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Eric Chan

Director

23/12/2025

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

1. General Information

The Cage Airsoft Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09913274 . The registered office is 82b Front Street , Chester Le Street, DH3 3BB.

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

Subsequent to the year end, the company also secured additional investment from a new shareholder. This funding was essential to support the company’s ongoing operations and ability to meet its liabilities as they fall due.

As a result of this investment, the directors consider it appropriate to prepare the financial statements on a going concern basis.

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.

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.

2.4. 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	over 6 year lease term
Plant & Machinery	over 3 years

2.5. 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.

2.6. Foreign Currencies

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2.7. 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.

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The Cage Airsoft Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.8. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.9. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 2)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 April 2024	3,553	15,878	19,431
Additions	-	966	966

As at 31 March 2025	3,553	16,844	20,397

Depreciation
As at 1 April 2024	345	8,428	8,773
Provided during the period	592	2,742	3,334

As at 31 March 2025	937	11,170	12,107

Net Book Value
As at 31 March 2025	2,616	5,674	8,290

As at 1 April 2024	3,208	7,450	10,658

5. Stocks

	2025	2024
	£	£
Stock	23,232	30,800

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	733	1,139
Prepayments and accrued income	2,145	1,834
Other debtors	964	964
Director's loan account	-	25,700

	3,842	29,637

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The Cage Airsoft Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	14,878	6,918
Bank loans and overdrafts	24,441	28,037
Other taxes and social security	1,208	6,428
Other creditors	4,717	6,510
Accruals and deferred income	127	75
Director's loan account	3,822	-

	49,193	47,968

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

	2025	2024
	£	£
Bank loans	47,088	61,575

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	13,313	15,084
Later than one year and not later than five years	27,333	37,313
Later than five years	-	3,333

	40,646	55,730

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Eric Chan	28,010	-	28,010	-	-

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

12. Controlling Party

The company's controlling party is Eric Chan by virtue of his sole directorship and ability to govern the financial and operating policies of the company during the year.

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