REGISTERED NUMBER: 03510237 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Ashley Wilde Designs Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A L Brodin

S D Brodin

REGISTERED OFFICE:

Reedham House

31 King Street West

Manchester

Greater Manchester

M3 2PJ

REGISTERED NUMBER:

03510237 (England and Wales)

AUDITORS:

Freedman Frankl & Taylor

Statutory Auditors

Chartered Accountants

Reedham House

31 King Street West

Manchester

M3 2PJ

CURRENT ASSETS

Debtors

4

870,894

1,083,602

Cash at bank

2,085

16,900

872,979

1,100,502

CREDITORS

Amounts falling due within one year

5

(2,999

)

(15,051

)

NET CURRENT ASSETS

869,980

1,085,451

TOTAL ASSETS LESS CURRENT LIABILITIES

869,980

1,085,451

CREDITORS

Amounts falling due after more than one year

6

(763,814

)

(976,021

)

NET ASSETS

106,166

109,430

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

106,164

109,428

SHAREHOLDERS' FUNDS

106,166

109,430

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 20 July 2026 and were signed on its behalf by:

A L Brodin - Director

1.	STATUTORY INFORMATION

Ashley Wilde Designs 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.

On the 5th June 2023 the company sold its trade and certain assets to Riva Paoletti Limited.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets

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

Tangible fixed assets are recorded at cost less accumulated depreciation and accumulated impairment losses.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

The company is reliant on the financial support of its holding company Ashley Wilde Group Limited who have indicated their support of the company for the foreseeable future.

On this basis, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and thus have adopted the going concern basis of accounting in preparing the annual financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

3,881

3,881

Other debtors

611,245

333,082

615,126

336,963

Amounts falling due after more than one year:

Other debtors

255,768

746,639

Aggregate amounts

870,894

1,083,602

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

-

7,551

Other creditors

2,999

7,500

2,999

15,051

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

763,814

976,021

7.	SECURED DEBTS

Bank overdrafts are secured by a fixed and floating charge over the assets of the company.

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ian Sluckis FCA MAE (Senior Statutory Auditor)

for and on behalf of Freedman Frankl & Taylor

9.	CONTINGENT LIABILITIES

The company has guaranteed the bank facility of Giltex Limited and Ashley Wilde Group Limited which at 31 December 2025 amounted to £Nil.

10.	ULTIMATE PARENT COMPANY

At the balance sheet date, the company's immediate parent company was Ashley Wilde Group Limited and its ultimate holding company was Giltex Limited, both entities are registered in England and Wales. Copies of the financial statements of Ashley Wilde Group Limited and the consolidated financial statements of Giltex Limited can be obtained from the registered office of that entity which is the same as this company and the address can be found on the company information page.