UMBRELLA AGENCIES LIMITED


Directors	DAVIES, Lloyd
	HALLS, Michael Arthur
	MAKEPEACE, Andrew


Company Secretary	HALLS, Michael Arthur


Registered Address	3b Didcot Park
	Churchward
	Didcot
	OX11 7HB


Registered Number	05479050 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		25,859		33,914
			25,859		33,914
Current assets
Stocks	4	483,675		586,856
Debtors		154,650		95,150
Cash at bank and on hand		1,586		23,637
		639,911		705,643
Creditors amounts falling due within one year	5	(494,361)		(440,465)
Net current assets (liabilities)			145,550		265,178
Total assets less current liabilities			171,409		299,092
Creditors amounts falling due after one year	6		(980,228)		(920,536)
Net assets			(808,819)		(621,444)
Capital and reserves
Called up share capital			250		200
Share premium			24,988		-
Profit and loss account			(834,057)		(621,644)
Shareholders' funds			(808,819)		(621,444)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

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

HALLS, Michael Arthur
Director
Registered Company No. 05479050

UMBRELLA AGENCIES LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	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.

Foreign currency translation

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.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Fixtures and fittings	25

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	10		11

3.	Tangible fixed assets

	Fixtures & fittings	Total
	£	£
Cost or valuation
At 01 April 24	149,765	149,765
Additions	564	564
At 31 March 25	150,329	150,329
Depreciation and impairment
At 01 April 24	115,851	115,851
Charge for year	8,619	8,619
At 31 March 25	124,470	124,470
Net book value
At 31 March 25	25,859	25,859
At 31 March 24	33,914	33,914

4.	Stocks

	2025	2024
	£	£
Finished goods	483,675	586,856
Total	483,675	586,856

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	427,441	393,073
Bank borrowings and overdrafts	10,648	10,119
Taxation and social security	36,348	33,779
Other creditors	2,879	1,994
Accrued liabilities and deferred income	17,045	1,500
Total	494,361	440,465

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,443	13,992
Amounts owed to related parties	523,952	260,186
Other creditors	453,833	646,358
Total	980,228	920,536

7.	Related party transactions
	As at the 31st March 2025, Umbrella Agencies Limited owed a company under common control, Keen Dist Limited £446,530 (2024: £181,837), and its parent, Bright and Early Limited £77,422 (2024: £78,349). These loans are interest free. As at the 31st March 2025, Umbrella Agencies Limited owed one of it's directors, Michael Halls, £453,833 (2024: £646,358). This loan is interest free. Umbrella Agencies Limited also have an outstanding trade balance of £286,903 (2024: £239,222) owing to Keen Dist Limited.

Related party transactions

As at the 31st March 2025, Umbrella Agencies Limited owed a company under common control, Keen Dist Limited £446,530 (2024: £181,837),
and its parent, Bright and Early Limited £77,422 (2024: £78,349). These loans are interest free.

As at the 31st March 2025, Umbrella Agencies Limited owed one of it's directors, Michael Halls, £453,833 (2024: £646,358). This loan is interest free. 

Umbrella Agencies Limited also have an outstanding trade balance of £286,903 (2024: £239,222) owing to Keen Dist Limited.