Angling Technics Limited

Angling Technics Limited
Statement of Financial Position
As at 31 March 2026

	Notes	31/03/2026 £	31/03/2025 £
Fixed assets
Tangible fixed assets	4	1,830	1,223
		1,830	1,223
Current assets
Stocks		275,234	62,445
Debtors: amounts falling due within one year		17,763	5,505
Cash at bank and in hand		(41,504)	(17,279)
		251,493	50,671
Creditors: amount falling due within one year		(127,066)	(41,324)
Net current assets		124,427	9,347

Total assets less current liabilities		126,257	10,570
Net assets		126,257	10,570

Capital and reserves
Called up share capital	5	70,000	70,000
Profit and loss account		56,257	(59,430)
Shareholders' funds		126,257	10,570

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 07 July 2026 and were signed by:

-------------------------------
David Orr
Director

Angling Technics Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Angling Technics Limited is a private company, limited by shares, registered in England and Wales, registration number 04990574, registration address Unit 5 Kemble Business Park, Crudwell, Malmesbury, Wiltshire, SN16 9SH.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation the goodwill was acquired in 2004. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 4 (2025 : 6).

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 April 2025	20,000	20,000
Additions	-	-
Disposals	-	-
At 31 March 2026	20,000	20,000
Amortisation
At 01 April 2025	20,000	20,000
Charge for year	-	-
On disposals	-	-
At 31 March 2026	20,000	20,000
Net book values
At 31 March 2026	-	-
At 31 March 2025	-	-

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 April 2025	9,465	15,173	34,133	58,771
Additions	-	-	1,019	1,019
Disposals	-	-	-	-
At 31 March 2026	9,465	15,173	35,152	59,790
Depreciation
At 01 April 2025	9,323	14,741	33,484	57,548
Charge for year	142	108	162	412
On disposals	-	-	-	-
At 31 March 2026	9,465	14,849	33,646	57,960
Net book values
Closing balance as at 31 March 2026	-	324	1,506	1,830
Opening balance as at 01 April 2025	142	432	649	1,223

Share Capital

Allotted, called up and fully paid	31/03/2026 £		31/03/2025 £
70,000 Class A shares of £1.00 each	70,000		70,000
	70,000		70,000

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	31/03/2026 £		31/03/2025 £		31/03/2026 £		31/03/2025 £
D Orr	0		0		(86,968)		(14,410)

Registered Number: 04990574
England and Wales
ANGLING TECHNICS LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2025 End date: 31 March 2026