Total Onion Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 07474315

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		9,016		18,201

			9,016		18,201
CURRENT ASSETS
Stocks		208,051		310,143
Debtors		253,437		355,810
Cash at bank and in hand		464,048		342,220

		925,536		1,008,173
Creditors: Amounts Falling Due Within One Year		(213,181 )		(513,264 )

NET CURRENT ASSETS (LIABILITIES)			712,355		494,909

TOTAL ASSETS LESS CURRENT LIABILITIES			721,371		513,110

Creditors: Amounts Falling Due After More Than One Year			-		(4,084 )

NET ASSETS			721,371		509,026

CAPITAL AND RESERVES
Called up share capital	6		1		1
Profit and Loss Account			721,370		509,025

SHAREHOLDERS' FUNDS			721,371		509,026

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Total Onion Limited

Abridged Balance Sheet (continued)

As At 31 May 2026

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 May 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Benjamin Broadhurst

Director

12 August 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Total Onion Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07474315 . The registered office is The Junction, Office 43, Charles Street, Horbury, WF4 5FH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% on straight line
Computer Equipment	25% on straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax is recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2025: 15)

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Total Onion Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 May 2026

4. Intangible Assets

	Total
	£
Cost
As at 1 June 2025	1,733

As at 31 May 2026	1,733

Amortisation
As at 1 June 2025	1,733

As at 31 May 2026	1,733

Net Book Value
As at 31 May 2026	-

As at 1 June 2025	-

5. Tangible Assets

	Total
	£
Cost
As at 1 June 2025	88,420
Additions	3,221

As at 31 May 2026	91,641

Depreciation
As at 1 June 2025	70,219
Provided during the period	12,406

As at 31 May 2026	82,625

Net Book Value
As at 31 May 2026	9,016

As at 1 June 2025	18,201

6. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

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Total Onion Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 May 2026

7. Related Party Transactions

BGAM Group Limited

A company under the joint control of Benjamin Broadhurst and Michael Harper.

Dividends in the sum of £68,000 (2025:£138,000) were paid to BGAM Group Limited during the period.

Heavyweight Agency Ltd

A company under the joint control of BGAM Group Limited.

Amounts totalling £70,000 were paid to Heavyweight Agency Ltd during the period. At the end of the period £15,000 was owed from Heavyweight Agency Limited (2025: -£55,000)

BGAM Group Limited

A company under the joint control of Benjamin Broadhurst and Michael Harper.

Amounts totalling £45,901 were paid to BGAM Group Limited during the period. At the end of the period £45,901.35 was owed from BGAM Group Limited.

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