Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Allwag Promotions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Wagstaff

Mrs A Wagstaff

G M O Smith

C C Witt

Mrs S L Smith

SECRETARY:

Mrs A Wagstaff

REGISTERED OFFICE:

Merchandise House

The Street

Hatfield Peverel

Essex

CM3 2DP

REGISTERED NUMBER:

03602082 (England and Wales)

ACCOUNTANTS:

Michael Letch & Partners LLP

Accountants

146 High Street

Billericay

Essex

CM12 9DF

FIXED ASSETS

Tangible assets

4

922,106

1,124,537

Investments

5

480,000

315,000

1,402,106

1,439,537

CURRENT ASSETS

Stocks

18,709

20,784

Debtors

6

804,984

892,523

Cash at bank

1,869,939

1,668,068

2,693,632

2,581,375

CREDITORS

Amounts falling due within one year

7

1,220,347

1,409,928

NET CURRENT ASSETS

1,473,285

1,171,447

TOTAL ASSETS LESS CURRENT LIABILITIES

2,875,391

2,610,984

PROVISIONS FOR LIABILITIES

35,808

16,509

NET ASSETS

2,839,583

2,594,475

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,839,581

2,594,473

SHAREHOLDERS' FUNDS

2,839,583

2,594,475

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 22 May 2026 and were signed on its behalf by:

A Wagstaff - Director

1.	STATUTORY INFORMATION

Allwag Promotions 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

Going concern

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.

After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors continue to adopt the going concern basis in preparing the financial statements.

Preparation of consolidated financial statements

The financial statements contain information about Allwag Promotions Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 41 (2024 - 40 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

1,144,129

143,155

9,500

66,770

1,363,554

Additions

-

96,846

11,950

20,301

129,097

Disposals

(298,541

)

-

-

-

(298,541

)

At 31 August 2025

845,588

240,001

21,450

87,071

1,194,110

DEPRECIATION

At 1 September 2024

85,627

88,899

3,938

60,553

239,017

Charge for year

16,912

37,776

4,250

9,875

68,813

Eliminated on disposal

(35,826

)

-

-

-

(35,826

)

At 31 August 2025

66,713

126,675

8,188

70,428

272,004

NET BOOK VALUE

At 31 August 2025

778,875

113,326

13,262

16,643

922,106

At 31 August 2024

1,058,502

54,256

5,562

6,217

1,124,537

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 September 2024

315,000

Additions

165,000

At 31 August 2025

480,000

NET BOOK VALUE

At 31 August 2025

480,000

At 31 August 2024

315,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

804,984

892,523

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

939,041

1,048,223

Tax

43,353

113,844

Social security and other taxes

158,044

156,099

Other creditors

5,469

4,750

Directors' current accounts

34,097

52,105

Accrued expenses

40,343

34,907

1,220,347

1,409,928