REGISTERED NUMBER: 09901059 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

THE GLASS ONION EXHIBITIONS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A Rowe

Mr R V Best

Mr P Gannon

Mr R P Best

Mr P Walker

REGISTERED OFFICE:

17 George Street

St Helens

Merseyside

WA10 1DB

REGISTERED NUMBER:

09901059 (England and Wales)

ACCOUNTANTS:

Livesey Spottiswood Ltd

Chartered Accountants

17 George Street

St Helens

Merseyside

WA10 1DB

FIXED ASSETS

Tangible assets

4

58,528

62,657

Investments

5

1,437,083

1,437,083

1,495,611

1,499,740

CURRENT ASSETS

Stocks

6,500

3,200

Debtors

28,729

30,673

Cash at bank and in hand

157,992

402,501

193,221

436,374

CREDITORS

Amounts falling due within one year

(248,353

)

(546,898

)

NET CURRENT LIABILITIES

(55,132

)

(110,524

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,440,479

1,389,216

CREDITORS

Amounts falling due after more than one year

(429,127

)

(476,183

)

NET ASSETS

1,011,352

913,033

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

1,011,252

912,933

SHAREHOLDERS' FUNDS

1,011,352

913,033

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 18 June 2026 and were signed on its behalf by:

Mr A Rowe - Director

Mr P Gannon - Director

1.	STATUTORY INFORMATION

The Glass Onion Exhibitions 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated

Turnover

Turnover is recognised at the fair value of the consideration received or receivable from general museum admissions and retail shop sales and is shown net of VAT. The fair value of the consideration takes into account trade discounts.

Tangible fixed assets

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

Improvements to property

-

Straight line over 10 years

Fixtures and fittings

-

20% on reducing balance

Museum fixtures and fittings

-

Straight line over 10 years

Computer equipment

-

Straight line over 3 years

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

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

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 8 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

165,720

Additions

13,015

At 31 October 2025

178,735

DEPRECIATION

At 1 November 2024

103,063

Charge for year

17,144

At 31 October 2025

120,207

NET BOOK VALUE

At 31 October 2025

58,528

At 31 October 2024

62,657

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 November 2024

and 31 October 2025

1,437,083

NET BOOK VALUE

At 31 October 2025

1,437,083

At 31 October 2024

1,437,083

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Rarmervale Limited

Registered office: United Kingdom

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

1,279,161

1,377,110

Profit for the year

22,051

21,219

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100