Silverfin false false 30/06/2025 01/07/2024 30/06/2025 J Teal 23/04/2012 M Teal 23/04/2012 11 May 2026 Retail sale of clothing in specialised stores
Retail sale via mail order houses or via internet 08042116 2025-06-30 08042116 bus:Director1 2025-06-30 08042116 bus:Director2 2025-06-30 08042116 2024-06-30 08042116 core:CurrentFinancialInstruments 2025-06-30 08042116 core:CurrentFinancialInstruments 2024-06-30 08042116 core:ShareCapital 2025-06-30 08042116 core:ShareCapital 2024-06-30 08042116 core:RetainedEarningsAccumulatedLosses 2025-06-30 08042116 core:RetainedEarningsAccumulatedLosses 2024-06-30 08042116 core:OtherResidualIntangibleAssets 2024-06-30 08042116 core:OtherResidualIntangibleAssets 2025-06-30 08042116 core:FurnitureFittings 2024-06-30 08042116 core:ComputerEquipment 2024-06-30 08042116 core:FurnitureFittings 2025-06-30 08042116 core:ComputerEquipment 2025-06-30 08042116 bus:OrdinaryShareClass1 2025-06-30 08042116 2024-07-01 2025-06-30 08042116 bus:FilletedAccounts 2024-07-01 2025-06-30 08042116 bus:SmallEntities 2024-07-01 2025-06-30 08042116 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 08042116 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 08042116 bus:Director1 2024-07-01 2025-06-30 08042116 bus:Director2 2024-07-01 2025-06-30 08042116 core:OtherResidualIntangibleAssets core:TopRangeValue 2024-07-01 2025-06-30 08042116 core:FurnitureFittings core:TopRangeValue 2024-07-01 2025-06-30 08042116 core:ComputerEquipment core:TopRangeValue 2024-07-01 2025-06-30 08042116 2023-07-01 2024-06-30 08042116 core:OtherResidualIntangibleAssets 2024-07-01 2025-06-30 08042116 core:FurnitureFittings 2024-07-01 2025-06-30 08042116 core:ComputerEquipment 2024-07-01 2025-06-30 08042116 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 08042116 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08042116 (England and Wales)

# WORKING CLASS HEROES LTD

### Unaudited Financial Statements
For the financial year ended 30 June 2025
Pages for filing with the registrar

WORKING CLASS HEROES LTD

## Unaudited Financial Statements

For the financial year ended 30 June 2025

Contents

WORKING CLASS HEROES LTD

## STATEMENT OF FINANCIAL POSITION

As at 30 June 2025
WORKING CLASS HEROES LTD

## STATEMENT OF FINANCIAL POSITION (continued)

As at 30 June 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Intangible assets | 3 | 98 |  | 155
Tangible assets | 4 | 1,853 |  | 3,708
|  | 1,951 |  | 3,863
Current assets |  |  |  |
Stocks |  | 52,629 |  | 98,518
Debtors | 5 | 2,548 |  | 9,215
Cash at bank and in hand |  | 71,667 |  | 29,885
|  | 126,844 |  | 137,618
Creditors: amounts falling due within one year | 6 | ( 62,697) |  | ( 78,998)
Net current assets |  | 64,147 |  | 58,620
Total assets less current liabilities |  | 66,098 |  | 62,483
Net assets |  | 66,098 |  | 62,483
Capital and reserves |  |  |  |
Called-up share capital | 7 | 2 |  | 2
Profit and loss account |  | 66,096 |  | 62,481
Total shareholders' funds |  | 66,098 |  | 62,483

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Working Class Heroes Ltd (registered number: 08042116) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

J Teal Director |

11 May 2026

WORKING CLASS HEROES LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025
WORKING CLASS HEROES LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Working Class Heroes Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is First Floor, 5 Fleet Place, London, EC4M 7RD, United Kingdom.
The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

##### Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

##### Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised as an expense when the Company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

##### Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets | 5 years straight line

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings | 4 years straight line
Computer equipment | 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.

##### Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings/Statement of Comprehensive Income.

Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the company during the year, including directors | 2 |  | 2

#### 3. Intangible assets

| Other intangible assets |  | Total
| £ |  | £
Cost |  |  |
At 01 July 2024 | 69,266 |  | 69,266
At 30 June 2025 | 69,266 |  | 69,266
Accumulated amortisation |  |  |
At 01 July 2024 | 69,111 |  | 69,111
Charge for the financial year | 57 |  | 57
At 30 June 2025 | 69,168 |  | 69,168
Net book value |  |  |
At 30 June 2025 | 98 |  | 98
At 30 June 2024 | 155 |  | 155

#### 4. Tangible assets

| Fixtures and fittings |  | Computer equipment |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 July 2024 | 12,724 |  | 19,567 |  | 32,291
At 30 June 2025 | 12,724 |  | 19,567 |  | 32,291
Accumulated depreciation |  |  |  |  |
At 01 July 2024 | 12,263 |  | 16,320 |  | 28,583
Charge for the financial year | 251 |  | 1,604 |  | 1,855
At 30 June 2025 | 12,514 |  | 17,924 |  | 30,438
Net book value |  |  |  |  |
At 30 June 2025 | 210 |  | 1,643 |  | 1,853
At 30 June 2024 | 461 |  | 3,247 |  | 3,708

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 67 |  | 5,319
Other debtors | 2,481 |  | 3,896
| 2,548 |  | 9,215

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 23,367 |  | 24,002
Other creditors | 39,330 |  | 54,996
| 62,697 |  | 78,998

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
2 Ordinary shares of £ 1.00 each | 2 |  | 2