Registration number: 15456146

ABC Party UK Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

ABC Party UK Ltd

Company Information

Directors

Mr Dominic Cassidy Mr Keith Stirman

Registered office

Traynor House Traynor Way Peterlee Tyne & Wear United Kingdom SR8 2RU

Accountants

Beechwood Accounting NE Ltd T/A AIMS 80 Beechwood Gdns Gateshead Tyne & Wear NE11 0DA

ABC Party UK Ltd

(Registration number: 15456146)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	29,730	33,822
Current assets
Stocks	5	699,525	455,477
Debtors	6	62,141	209,745
Cash at bank and in hand		11,827	13,284
		773,493	678,506
Creditors: Amounts falling due within one year	7	(791,439)	(910,918)
Net current liabilities		(17,946)	(232,412)
Net assets/(liabilities)		11,784	(198,590)
Capital and reserves
Retained earnings		11,784	(198,590)
Shareholders' funds/(deficit)		11,784	(198,590)

For the financial year ending 31 January 2026 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 June 2026 and signed on its behalf by:
 

......................................... Mr Dominic Cassidy Director

......................................... Mr Keith Stirman Director

ABC Party UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Traynor House
Traynor Way
Peterlee
Tyne & Wear
SR8 2RU
United Kingdom

These financial statements were authorised for issue by the Board on 4 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

ABC Party UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixture & Fittings	straight line over 5 years
Office Equipment	straight line over 5 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

ABC Party UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2025 - 5).

ABC Party UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 February 2025	30,979	8,410	39,389
Additions	-	3,786	3,786
At 31 January 2026	30,979	12,196	43,175
Depreciation
At 1 February 2025	4,697	870	5,567
Charge for the year	6,196	1,682	7,878
At 31 January 2026	10,893	2,552	13,445
Carrying amount
At 31 January 2026	20,086	9,644	29,730
At 31 January 2025	26,282	7,540	33,822

5

Stocks

	2026 £	2025 £
Other inventories	699,525	455,477

6

Debtors

Current	2026 £	2025 £
Trade debtors	62,141	74,169
Other debtors	-	135,576
	62,141	209,745

7

Creditors

Creditors: amounts falling due within one year

ABC Party UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	-	3,000
Trade creditors		44,897	715,680
Taxation and social security		27,750	2,490
Other creditors		718,792	189,748
		791,439	910,918

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary share class 1 of £1 each	1,000	1,000	1,000	1,000

9	Loans and borrowings

Current loans and borrowings

	2026 £	2025 £
Other borrowings	-	3,000

10

Dividends

11	Related party transactions

ABC Party UK Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Directors' remuneration

The directors' remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	182,143	16,676
Contributions paid to money purchase schemes	6,000	-
	188,143	16,676