REGISTERED NUMBER: 04323660 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MASCOT MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Evans

P R Skelland

S A Wynn

REGISTERED OFFICE:

Wards Court

203 Ecclesall Road

Sheffield

South Yorkshire

S11 8HW

REGISTERED NUMBER:

04323660 (England and Wales)

FIXED ASSETS

Tangible assets

5

5,564

6,353

CURRENT ASSETS

Debtors

6

220,810

282,622

Cash at bank

66,370

52,004

287,180

334,626

CREDITORS

Amounts falling due within one year

7

57,431

113,413

NET CURRENT ASSETS

229,749

221,213

TOTAL ASSETS LESS CURRENT LIABILITIES

235,313

227,566

CREDITORS

Amounts falling due after more than one year

8

-

(7,927

)

PROVISIONS FOR LIABILITIES

(1,057

)

(1,207

)

NET ASSETS

234,256

218,432

CAPITAL AND RESERVES

Called up share capital

10

1,250

1,250

Retained earnings

233,006

217,182

SHAREHOLDERS' FUNDS

234,256

218,432

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2026 and were signed on its behalf by:

J Evans - Director

P R Skelland - Director

S A Wynn - Director

1.	STATUTORY INFORMATION

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

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

All monetary values stated within these financial statements are rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis under the historical cost convention.

Turnover

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

Turnover represents net invoiced fees for professional services, excluding Value Added Tax.

Revenue is recognised when the company has been judged to have achieved the right to consideration resulting from a level of completed performance under individual contracts but only to the extent that the outcome of such contracts can be assessed with reasonable certainty.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

25,641

29,298

54,939

Additions

-

2,231

2,231

Disposals

-

(20,330

)

(20,330

)

At 31 December 2025

25,641

11,199

36,840

DEPRECIATION

At 1 January 2025

22,327

26,259

48,586

Charge for year

908

2,112

3,020

Eliminated on disposal

-

(20,330

)

(20,330

)

At 31 December 2025

23,235

8,041

31,276

NET BOOK VALUE

At 31 December 2025

2,406

3,158

5,564

At 31 December 2024

3,314

3,039

6,353

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

77,757

138,105

Amounts owed by group undertakings

127,339

127,339

Other debtors

15,714

17,178

220,810

282,622

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

7,888

10,274

Trade creditors

4,976

52,129

Amounts owed to group undertakings

-

5,000

Taxation and social security

39,504

33,981

Other creditors

5,063

12,029

57,431

113,413

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

7,927

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

£

Within one year

5,250

21,000

Between one and five years

-

5,250

5,250

26,250

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

1,000

Ordinary A shares

£1

1,000

1,000

250

Ordinary B shares

£1

250

250

1,250

1,250

11.	RELATED PARTY DISCLOSURES

There is no ultimate controlling party.

At the date of signing the accounts, the directors, J Evans, P Skelland and S Wynn control the majority of the issued share capital of the holding company, Mascot Group Holdings Limited and as a consequence, the day to day control of the company is exercised by these directors acting in concert.