REGISTERED NUMBER: 01781028 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

ANGELBOND LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R P Scordia

A Curunet

G Merveilleux

REGISTERED OFFICE:

c/o Begbies Traynor

No 2 Collingwood Street

Newcastle Upon Tyne

NE1 1JF

REGISTERED NUMBER:

01781028 (England and Wales)

ACCOUNTANTS:

Kean Jarman & Company

Chartered Accountants

27 Ingram Street

Glasgow

G1 1HA

FIXED ASSETS

Tangible assets

4

550,527

465,948

CURRENT ASSETS

Stocks

392,059

193,601

Debtors

5

1,249,591

1,288,318

Cash at bank

218,259

201,316

1,859,909

1,683,235

CREDITORS

Amounts falling due within one year

6

350,973

280,785

NET CURRENT ASSETS

1,508,936

1,402,450

TOTAL ASSETS LESS CURRENT LIABILITIES

2,059,463

1,868,398

PROVISIONS FOR LIABILITIES

41,890

15,387

NET ASSETS

2,017,573

1,853,011

CAPITAL AND RESERVES

Called up share capital

51,000

51,000

Retained earnings

1,966,573

1,802,011

SHAREHOLDERS' FUNDS

2,017,573

1,853,011

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2026 and were signed on its behalf by:

R P Scordia - Director

A Curunet - Director

1.	STATUTORY INFORMATION

Angelbond 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.

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.

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 represents sales to external customers at invoiced amounts less value added tax or local taxes on sales.

Tangible fixed assets

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

Freehold property

-

in accordance with the property

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

33% on cost

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value. Cost is based on the cost of purchase on a first in, first out basis. Net realisable value is based on estimated selling price less additional costs to completion and disposal.

Taxation

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Where assets are financed by leasing agreements that give rights approximating to ownership (finance leases), the assets are treated as if they had been purchased outright. The amount capitalised is the present value of the minimum lease payments payable during the lease term. The corresponding leasing commitments are shown as amounts payable to the lessor. Depreciation on the relevant assets is charged to the profit and loss account.

Lease payments are analysed between capital and interest components. The interest element of the payment is charged to the profit and loss account over the period of the lease and is calculated so that it represents a constant proportion of the balance of capital repayments outstanding. The capital part reduces the amounts payable to the lessor.

All other leases are treated as operating leases. Their annual rentals are charged to the profit and loss account on a straight-line basis over the term of the lease.

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.

Government grants

Capital grants are credited to a deferred income account and amortised to the profit and loss account over the expected useful lives of the fixed assets involved.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 October 2024

687,093

596,627

67,898

Additions

24,940

71,920

-

Disposals

-

-

-

At 30 September 2025

712,033

668,547

67,898

DEPRECIATION

At 1 October 2024

311,689

517,671

65,722

Charge for year

19,690

23,065

724

Eliminated on disposal

-

-

-

At 30 September 2025

331,379

540,736

66,446

NET BOOK VALUE

At 30 September 2025

380,654

127,811

1,452

At 30 September 2024

375,404

78,956

2,176

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 October 2024

100,561

78,980

1,531,159

Additions

37,500

940

135,300

Disposals

(30,500

)

-

(30,500

)

At 30 September 2025

107,561

79,920

1,635,959

DEPRECIATION

At 1 October 2024

100,555

69,574

1,065,211

Charge for year

3,906

3,336

50,721

Eliminated on disposal

(30,500

)

-

(30,500

)

At 30 September 2025

73,961

72,910

1,085,432

NET BOOK VALUE

At 30 September 2025

33,600

7,010

550,527

At 30 September 2024

6

9,406

465,948

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

1,186,815

1,240,999

Other debtors

2,526

1,083

VAT

21,943

9,201

Prepayments and accrued income

38,307

37,035

1,249,591

1,288,318

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

227,940

120,584

Tax

41,757

50,086

Social security and other taxes

16,560

15,097

Other creditors & deferred income

7,793

32,417

Accrued expenses

56,923

62,601

350,973

280,785

7.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

£