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REGISTERED NUMBER: SC383865 (Scotland)















Financial Statements for the Year Ended 31st January 2026

for

Angelwax Limited
Angelwax Limited (Registered number: SC383865)






Contents of the Financial Statements
for the Year Ended 31st January 2026




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Angelwax Limited

Company Information
for the Year Ended 31st January 2026







DIRECTORS: J M Hogg
R W Yates
M J Yates
Mrs M Cowin





REGISTERED OFFICE: 1 Campbell Lane
Hamilton
ML3 6DB





REGISTERED NUMBER: SC383865 (Scotland)





ACCOUNTANTS: Smith Inglis & Tait
1 Campbell Lane
Hamilton
ML3 6DB
Page 1
Angelwax Limited (Registered number: SC383865)

Balance Sheet
31st January 2026

2026 2025
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 77,500 77,500
Property, plant and equipment 5 1,045,391 40,862
1,122,891 118,362

CURRENT ASSETS
Inventories 398,552 300,325
Debtors 6 182,082 397,676
Cash at bank and in hand 190,502 446,476
771,136 1,144,477
CREDITORS
Amounts falling due within one year 7 142,077 234,207
NET CURRENT ASSETS 629,059 910,270
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,751,950
1,028,632

CREDITORS
Amounts falling due after more than one
year
8
814,525
41,394
NET ASSETS 937,425 987,238

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 937,325 987,138
SHAREHOLDERS' FUNDS 937,425 987,238

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 notes form part of these financial statements

Page 2 continued...
Angelwax Limited (Registered number: SC383865)

Balance Sheet - continued
31st January 2026


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 11th August 2026 and were signed on its behalf by:




R W Yates - Director J M Hogg - Director




M J Yates - Director


The notes form part of these financial statements

Page 3
Angelwax Limited (Registered number: SC383865)

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

1. STATUTORY INFORMATION

Angelwax Limited is a private company, limited by shares , registered in Scotland. 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
Revenue 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.

Computer software is being amortised evenly over its estimated useful life of nil 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 etc - 25% on cost

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Page 4 continued...
Angelwax Limited (Registered number: SC383865)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2026

2. ACCOUNTING POLICIES - continued

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 13 (2025 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st February 2025
and 31st January 2026 77,500
NET BOOK VALUE
At 31st January 2026 77,500
At 31st January 2025 77,500

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st February 2025 - 317,043 317,043
Additions 1,063,219 2,000 1,065,219
At 31st January 2026 1,063,219 319,043 1,382,262
DEPRECIATION
At 1st February 2025 - 276,181 276,181
Charge for year 31,897 28,793 60,690
At 31st January 2026 31,897 304,974 336,871
NET BOOK VALUE
At 31st January 2026 1,031,322 14,069 1,045,391
At 31st January 2025 - 40,862 40,862

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Trade debtors 161,098 336,521
Other debtors 20,984 61,155
182,082 397,676

Page 5 continued...
Angelwax Limited (Registered number: SC383865)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2026

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Hire purchase contracts 7,200 7,200
Trade creditors 39,045 3,194
Taxation and social security 14,424 18,778
Other creditors 81,408 205,035
142,077 234,207

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2026 2025
£    £   
Hire purchase contracts 34,194 41,394
Other creditors 780,331 -
814,525 41,394

9. ULTIMATE CONTROLLING PARTY

The directors are considered to be the ultimate controlling party, by virtue of their ability to act in concert, in respect of the operational and financial policies of the company.

Page 6