Bags 4 Everything Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 08876700

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		11,444		13,416

			11,444		13,416
CURRENT ASSETS
Stocks		22,575		22,575
Debtors		12,466		16,133
Cash at bank and in hand		42,280		26,871

		77,321		65,579
Creditors: Amounts Falling Due Within One Year		(36,604 )		(40,421 )

NET CURRENT ASSETS (LIABILITIES)			40,717		25,158

TOTAL ASSETS LESS CURRENT LIABILITIES			52,161		38,574

Creditors: Amounts Falling Due After More Than One Year			-		(2,012 )

NET ASSETS			52,161		36,562

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			52,061		36,462

SHAREHOLDERS' FUNDS			52,161		36,562

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Bags 4 Everything Limited

Abridged Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the company was entitled to exemption from audit 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 directors acknowledge 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 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 28 February 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Ms Qian Wang

Director

7 September 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Bags 4 Everything Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08876700 . The registered office is 76 Wakefield Road, Ossett, West Yorkshire, WF5 9JX.

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. 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.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.4. 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:

Plant & Machinery	15% Reducing Balance
Fixtures & Fittings	15% Reducing Balance
Computer Equipment	33% Straight Line

2.5. Stocks and Work in Progress

Stocks 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.

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 year 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 for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also 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:

	2026	2025
Office and administration	8	8

	8	8

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Bags 4 Everything Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 28 February 2026

4. Intangible Assets

	Total
	£
Cost
As at 1 March 2025	11,000

As at 28 February 2026	11,000

Amortisation
As at 1 March 2025	11,000

As at 28 February 2026	11,000

Net Book Value
As at 28 February 2026	-

As at 1 March 2025	-

5. Tangible Assets

	Total
	£
Cost
As at 1 March 2025	41,158
Additions	849

As at 28 February 2026	42,007

Depreciation
As at 1 March 2025	27,742
Provided during the period	2,821

As at 28 February 2026	30,563

Net Book Value
As at 28 February 2026	11,444

As at 1 March 2025	13,416

6. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

7. Dividends

	2026	2025
	£	£
On equity shares:
Final dividend paid	27,610	16,500

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