ANGARA UK, LTD - Filleted accounts

Registered number

14059380

ANGARA UK, LTD

Filleted Accounts

For the year ended 31 March 2026

ANGARA UK, LTD
Registered number:		14059380
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		724			1,446

Current assets
Stocks		33,811			44,713
Debtors	5	662,840			275,349
Cash at bank and in hand		19,716			9,148
		716,367			329,210

Creditors: amounts falling due within one year	6	(558,324)			(351,560)


Net current assets/(liabilities)			158,043			(22,350)

Net assets/(liabilities)			158,767			(20,904)

Capital and reserves
Called up share capital			100			100
Profit and loss account			158,667			(21,004)

Shareholder's funds			158,767			(20,904)

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Ankur Daga
Director
Approved by the board on 30 August 2026

ANGARA UK, LTD
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The presentation currency of the financial statements is the Pound Sterling (£).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment : Straight line over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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 that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Audit information

	The audit report is unqualified.

	Senior statutory auditor:	Indra Raj Giri ACA, FCCA
	Firm:	Makesworth Audit Services Ltd
	Date of audit report:	30 August 2026



3	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		3		3





4	Tangible fixed assets
					Office equipment
£
	Cost
	At 1 April 2025				3,612
	At 31 March 2026				3,612

	Depreciation
	At 1 April 2025				2,166
	Charge for the year				722
	At 31 March 2026				2,888

	Net book value
	At 31 March 2026				724
	At 31 March 2025				1,446


5	Debtors		2026		2025
£				£

	Trade debtors		179,403		55,274
	Amounts owed by group undertakings		472,248		211,617
	Other debtors		11,189		8,458
			662,840		275,349


6	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		174,645		86,305
	Amounts owed to group undertakings		183,685		225,255
	Corporation tax		51,444		-
	Taxation and social security costs		129,322		25,849
	Other creditors		19,228		14,151
			558,324		351,560

7	Other financial commitments		2026		2025
£				£

	Total future minimum payments under non-cancellable operating leases		8,227		21,227




8	Related party transactions

	Included within debtors is an amount of £104,668 (2025: £45,126) due from its parent company, Angara Inc and an amount of £ Nil (2025: £10,681) due to a fellow group company, Angara Europe Ltd. Included within debtors is an amount of £367,580 (2025:£155,810) due from a fellow group company, Color Kingdom Co Ltd. Included within creditors falling due within one year is an amount of £183,685 (2025: £225,255) to a fellow group company, Color Kingdom Co Ltd. During the year, the company was recharged expenses amounting to £1,210,538 by its parent company. The transactions were conducted under normal commercial terms.

9	Controlling party

	The company is wholly owned subsidiary of Angara, Inc., a company registered in California, USA. The consolidated financial statements of this group can be obtained from Suite 1015 550 South Hill Street, Los Angeles, California, USA 90013.

10	Other information

	ANGARA UK, LTD is a private company limited by shares and incorporated in England. Its registered office is:
	4th Floor
	95 Gresham Street,
	London
	EC2V 7AB