REGISTERED NUMBER: 11755963 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

TAG2 Convenience Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mrs Chaitali Modi

Mr Gitesh Modi

REGISTERED OFFICE:

Bridge House

9 - 13 Holbrook Lane

Coventry

United Kingdom

CV6 4AD

BUSINESS ADDRESS:

46 Somerset Road

Droylsden

Manchester

Greater Manchester

M43 7PZ

REGISTERED NUMBER:

11755963 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Intangible assets

4

24,050

24,050

Property, plant and equipment

5

12,204

16,272

36,254

40,322

CURRENT ASSETS

Inventories

55,928

56,745

Debtors

6

21,465

27,584

Cash at bank and in hand

2,434

9,650

79,827

93,979

CREDITORS

Amounts falling due within one year

7

92,862

85,223

NET CURRENT (LIABILITIES)/ASSETS

(13,035

)

8,756

TOTAL ASSETS LESS CURRENT LIABILITIES

23,219

49,078

CREDITORS

Amounts falling due after more than one year

8

103,927

72,892

NET LIABILITIES

(80,708

)

(23,814

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(80,808

)

(23,914

)

SHAREHOLDERS' FUNDS

(80,708

)

(23,814

)

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

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

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 26 August 2026 and were signed on its behalf by:

Mrs Chaitali Modi - Director

1.	STATUTORY INFORMATION

TAG2 Convenience Ltd 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.

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.

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 reducing balance

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

24,050

NET BOOK VALUE

At 31 December 2025

24,050

At 31 December 2024

24,050

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 December 2025

53,592

DEPRECIATION

At 1 January 2025

37,320

Charge for year

4,068

At 31 December 2025

41,388

NET BOOK VALUE

At 31 December 2025

12,204

At 31 December 2024

16,272

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

21,411

27,536

Other debtors

54

48

21,465

27,584

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

8,891

8,891

Trade creditors

6,504

31,357

Taxation and social security

34,521

13,642

Other creditors

42,946

31,333

92,862

85,223

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

72,892

72,892

Other creditors

31,035

-

103,927

72,892

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1

100

100

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 December 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

Date: .............................................