REGISTERED NUMBER: 08898783 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

Circusmash Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Fearn

REGISTERED OFFICE:

All Saints Centre

2 Vicarage Road

Kings Heath

Birmingham

West Midlands

B14 7RA

REGISTERED NUMBER:

08898783 (England and Wales)

ACCOUNTANTS:

Oscroft & Co Limited

41 Tyninghame Avenue

Tettenhall

Wolverhampton

West Midlands

WV6 9PP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

10,738

3,079

10,738

3,079

CURRENT ASSETS

Stocks

196

184

Debtors

6

9,137

19,101

Cash at bank

10,363

11,899

19,696

31,184

CREDITORS

Amounts falling due within one year

7

14,730

16,562

NET CURRENT ASSETS

4,966

14,622

TOTAL ASSETS LESS CURRENT LIABILITIES

15,704

17,701

CREDITORS

Amounts falling due after more than one year

8

14,133

17,056

NET ASSETS

1,571

645

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,471

545

SHAREHOLDERS' FUNDS

1,571

645

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 October 2026 and were signed by:

J Fearn - Director

1.	STATUTORY INFORMATION

Circusmash 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

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.

Equipment

-

25% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by 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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

and 28 February 2026

5,000

AMORTISATION

At 1 March 2025

and 28 February 2026

5,000

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

Equipment

fittings

equipment

Totals

£

£

£

£

COST

At 1 March 2025

49,468

2,288

7,565

59,321

Additions

11,210

375

486

12,071

Disposals

(9,592

)

(941

)

(3,088

)

(13,621

)

At 28 February 2026

51,086

1,722

4,963

57,771

DEPRECIATION

At 1 March 2025

47,309

2,167

6,766

56,242

Charge for year

3,746

105

561

4,412

Eliminated on disposal

(9,592

)

(941

)

(3,088

)

(13,621

)

At 28 February 2026

41,463

1,331

4,239

47,033

NET BOOK VALUE

At 28 February 2026

9,623

391

724

10,738

At 28 February 2025

2,159

121

799

3,079

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

240

-

Other debtors

8,897

11,328

Directors' loan accounts

-

7,773

9,137

19,101

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

2,972

2,913

Trade creditors

4,182

2,165

Tax

786

3,012

Social security and other taxes

1,151

-

VAT

2,935

2,236

Directors' loan accounts

581

-

Accrued expenses

2,123

6,236

14,730

16,562

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans - 1-2 years

3,019

2,897

Bank loans - 2-5 years

11,114

9,508

Bank loans more 5 yr by instal

-

4,651

14,133

17,056

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

4,651

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

28.2.26

28.2.25

£

£

J Fearn

Balance outstanding at start of year

7,773

12,147

Amounts repaid

(7,773

)

(4,374

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

7,773

The amounts advanced to directors are interest free and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is J Fearn.

The ultimate controlling party is J Fearn.