REGISTERED NUMBER: 10732169 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

A Gift Of Happiness Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J Ash

Mr A Sherwood

REGISTERED OFFICE:

18 Wesley Street

Castleford

West Yorkshire

WF10 1AE

REGISTERED NUMBER:

10732169 (England and Wales)

ACCOUNTANTS:

AccountsAide

18 Wesley Street

Castleford

West Yorkshire

WF10 1AE

FIXED ASSETS

Intangible assets

4

3,000

6,000

Tangible assets

5

24,027

32,826

27,027

38,826

CURRENT ASSETS

Debtors

6

5,756

7,675

Cash at bank

43,372

31,378

49,128

39,053

CREDITORS

Amounts falling due within one year

7

16,517

3,752

NET CURRENT ASSETS

32,611

35,301

TOTAL ASSETS LESS CURRENT LIABILITIES

59,638

74,127

CREDITORS

Amounts falling due after more than one year

8

(22,134

)

(25,000

)

PROVISIONS FOR LIABILITIES

(3,277

)

(4,666

)

NET ASSETS

34,227

44,461

CAPITAL AND RESERVES

Called up share capital

100

1

Retained earnings

34,127

44,460

SHAREHOLDERS' FUNDS

34,227

44,461

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 15 June 2026 and were signed on its behalf by:

Mr A J Ash - Director

1.	STATUTORY INFORMATION

A Gift Of Happiness 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.

Turnover

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Online Shop Website is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Plant and machinery

-

15% on cost

Computer equipment

-

25% on cost

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.

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 1 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Online

Shop

Website

£

COST

At 1 April 2025

and 31 March 2026

15,000

AMORTISATION

At 1 April 2025

9,000

Amortisation for year

3,000

At 31 March 2026

12,000

NET BOOK VALUE

At 31 March 2026

3,000

At 31 March 2025

6,000

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2025

64,044

8,406

72,450

Additions

942

-

942

Disposals

-

(516

)

(516

)

At 31 March 2026

64,986

7,890

72,876

DEPRECIATION

At 1 April 2025

32,732

6,892

39,624

Charge for year

8,579

1,159

9,738

Eliminated on disposal

-

(513

)

(513

)

At 31 March 2026

41,311

7,538

48,849

NET BOOK VALUE

At 31 March 2026

23,675

352

24,027

At 31 March 2025

31,312

1,514

32,826

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

817

-

Other debtors

4,939

7,675

5,756

7,675

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

1,400

-

Taxation and social security

5,243

1,828

Other creditors

9,874

1,924

16,517

3,752

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

22,134

25,000