Company No: 04248076 (England and Wales)

Contents

• Company Information
• Statement of Financial Position
• Notes to the Financial Statements

DIRECTORS	B H Jones
	C K Jones

SECRETARY

B Jones

REGISTERED OFFICE	Millbrook
	Mill Road Lower Shiplake
	Henley On Thames
	RG9 3LW
	United Kingdom

COMPANY NUMBER

04248076 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Salatin House
	19 Cedar Road
	Sutton
	SM2 5DA

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	5	9,227		11,616
		9,227		11,616
Current assets
Stocks	6	340,797		273,884
Debtors	7	257,970		241,162
Cash at bank and in hand	8	7,496		34,736
		606,263		549,782
Creditors: amounts falling due within one year	9	( 403,621)		( 355,834)
Net current assets		202,642		193,948
Total assets less current liabilities		211,869		205,564
Provision for liabilities	10	( 2,306)		( 2,903)
Net assets		209,563		202,661
Capital and reserves
Called-up share capital	11	1,000		1,000
Profit and loss account		208,563		201,661
Total shareholders' funds		209,563		202,661

For the financial year ending 31 December 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 Survival-32 Limited (registered number: 04248076) were approved and authorised for issue by the Board of Directors on 05 June 2026. They were signed on its behalf by:

C K Jones Director

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

Survival-32 Limited (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 Millbrook, Mill Road Lower Shiplake, Henley On Thames, RG9 3LW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, 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.

Taxation

Current tax
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.

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:

Goodwill

0 - 10 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	10 years straight line
Computer equipment	3 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

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.

Leases

The Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Critical accounting judgements and key sources of estimation uncertainty

The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies below.

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	11		11

4. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 January 2025	10,800		10,800
At 31 December 2025	10,800		10,800
Accumulated amortisation
At 01 January 2025	10,800		10,800
At 31 December 2025	10,800		10,800
Net book value
At 31 December 2025	0		0
At 31 December 2024	0		0

5. Tangible assets

	Fixtures and fittings		Computer equipment		Total
	£		£		£
Cost
At 01 January 2025	43,178		35,049		78,227
Additions	791		740		1,531
At 31 December 2025	43,969		35,789		79,758
Accumulated depreciation
At 01 January 2025	33,775		32,836		66,611
Charge for the financial year	2,061		1,859		3,920
At 31 December 2025	35,836		34,695		70,531
Net book value
At 31 December 2025	8,133		1,094		9,227
At 31 December 2024	9,403		2,213		11,616

6. Stocks

	2025		2024
	£		£
Stocks	340,797		273,884

7. Debtors

	2025		2024
	£		£
Trade debtors	224,088		210,985
Prepayments	27,882		24,177
Other debtors	6,000		6,000
	257,970		241,162

8. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	7,496		34,736

9. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	179,868		143,847
Accruals	2,105		9,008
Corporation tax	52,304		54,038
Other taxation and social security	9,119		23,021
Other creditors	160,225		125,920
	403,621		355,834

10. Provision for liabilities

	2025		2024
	£		£
Deferred tax	2,306		2,903

11. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
275 A ordinary shares of £ 1.00 each	275		275
276 B ordinary shares of £ 1.00 each	276		276
224 C ordinary shares of £ 1.00 each	224		224
225 D ordinary shares of £ 1.00 each	225		225
	1,000		1,000

12. Related party transactions

Transactions with owners holding a participating interest in the entity

During the year the company made sales of £590,091 (2024: £495,049) on normal commercial terms to a company controlled by a shareholder.
Included in trade receivables is £567 owed by the same company to Survival-32 Limited (2024: £567).