A1CO LTD


Director	WONG, Mark


Registered Address	124 City Road, London 124 City Road
	London
	EC1V 2NX


Registered Number	13014642 (England and Wales)

Balance Sheet as at
30 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		17,859		12,828
Tangible assets	4		9,123		8,729
			26,982		21,557
Current assets
Stocks	5	972,314		793,994
Debtors		173,284		123,968
Cash at bank and on hand		933,166		238,247
		2,078,764		1,156,209
Creditors amounts falling due within one year	6	(793,099)		(852,072)
Net current assets (liabilities)			1,285,665		304,137
Total assets less current liabilities			1,312,647		325,694
Net assets			1,312,647		325,694
Capital and reserves
Called up share capital			16		14
Share premium			2,304,426		1,150,323
Profit and loss account			(991,795)		(824,643)
Shareholders' funds			1,312,647		325,694

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 2 September 2026, and are signed on its behalf by:

WONG, Mark
Director
Registered Company No. 13014642

A1CO LTD

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements have been prepared under the historical cost convention and are presented in £ sterling.

	Going concern
	The financial statements have been prepared on a going concern basis. The director has assessed the ability of the company to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements. The company has adequate cash reserves to meet its liabilities as they fall due, and the director is satisfied that the going concern basis is appropriate.

Going concern

The financial statements have been prepared on a going concern basis. The director has assessed the ability of the company to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements. The company has adequate cash reserves to meet its liabilities as they fall due, and the director is satisfied that the going concern basis is appropriate.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Revenue is measured at the fair value of consideration received or receivable, net of discounts, returns and value added tax.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. Current tax is measured using tax rates enacted or substantively enacted at 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. 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. Deferred tax is measured using tax rates enacted or substantively enacted at 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. 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. Deferred tax is measured using tax rates enacted or substantively enacted at the balance sheet date.

	Intangible assets
	Intangible fixed assets are stated at cost less accumulated amortisation and any accumulated impairment losses. Amortisation is charged on a straight line basis over the estimated useful economic life of the asset, being 10 years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Fixtures and fittings	25	-
Office Equipment	-	2

	Stocks and work in progress
	Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. At each reporting date, stocks are reviewed for impairment. Where the estimated selling price less costs to complete and sell falls below cost, or where items are identified as slow-moving or obsolete, provision is made and the resulting loss is recognised in profit or loss. When stocks are sold, the carrying amount is recognised as an expense within cost of sales in the same period as the related revenue.

Stocks and work in progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. At each reporting date, stocks are reviewed for impairment. Where the estimated selling price less costs to complete and sell falls below cost, or where items are identified as slow-moving or obsolete, provision is made and the resulting loss is recognised in profit or loss. When stocks are sold, the carrying amount is recognised as an expense within cost of sales in the same period as the related revenue.

	Financial instruments
	The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other receivables and payables, and loans to and from related parties. Debt instruments that are payable or receivable within one year are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other receivables and payables, and loans to and from related parties. 

Debt instruments that are payable or receivable within one year are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		6

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 December 24	20,672	20,672
Additions	7,761	7,761
At 30 November 25	28,433	28,433
Amortisation and impairment
At 01 December 24	7,844	7,844
Charge for year	2,730	2,730
At 30 November 25	10,574	10,574
Net book value
At 30 November 25	17,859	17,859
At 30 November 24	12,828	12,828

4.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 December 24	15,488	-	15,488
Additions	250	3,730	3,980
At 30 November 25	15,738	3,730	19,468
Depreciation and impairment
At 01 December 24	6,759	-	6,759
Charge for year	2,248	1,338	3,586
At 30 November 25	9,007	1,338	10,345
Net book value
At 30 November 25	6,731	2,392	9,123
At 30 November 24	8,729	-	8,729

5.	Stocks

	2025	2024
	£	£
Finished goods	972,314	793,994
Total	972,314	793,994

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	643,818	732,187
Taxation and social security	41,250	-
Other creditors	105,631	119,885
Accrued liabilities and deferred income	2,400	-
Total	793,099	852,072


	The comparative figures have been re-presented. Amounts of £28,269 due under credit card facilities were previously set off against cash at bank and are now presented gross. There is no effect on the loss for the year or on net assets.

7.	Share capital
	During the year the company allotted 229,192 Ordinary shares of £0.00001 each, having an aggregate nominal value of £2.29, for a total consideration of £1,523,290.

8.	Related party transactions
	Included within other creditors is £88,858 (2024: £89,000) due to the director. The balance is unsecured, interest free and is repayable on demand.