WHOLESALE UK DIRECT LTD

Company Registration Number:
12557215 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2022

Period of accounts

Start date: 1 May 2021

End date: 30 April 2022

WHOLESALE UK DIRECT LTD

Contents of the Financial Statements

for the Period Ended 30 April 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

WHOLESALE UK DIRECT LTD

Directors' report period ended 30 April 2022

The directors present their report with the financial statements of the company for the period ended 30 April 2022

Directors

The director shown below has held office during the whole of the period from
1 May 2021 to 30 April 2022

Anna Palmer


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 August 2022

And signed on behalf of the board by:
Name: Anna Palmer
Status: Director

WHOLESALE UK DIRECT LTD

Profit And Loss Account

for the Period Ended 30 April 2022

2022 13 months to 30 April 2021


£

£
Turnover: 1,834,528 983,729
Cost of sales: ( 1,029,338 ) ( 538,297 )
Gross profit(or loss): 805,190 445,432
Distribution costs: ( 94,730 ) ( 68,392 )
Administrative expenses: ( 174,932 ) ( 128,375 )
Operating profit(or loss): 535,528 248,665
Profit(or loss) before tax: 535,528 248,665
Tax: ( 94,738 ) ( 47,246 )
Profit(or loss) for the financial year: 440,790 201,419

WHOLESALE UK DIRECT LTD

Balance sheet

As at 30 April 2022

Notes 2022 13 months to 30 April 2021


£

£
Fixed assets
Tangible assets: 3 273,572 189,569
Total fixed assets: 273,572 189,569
Current assets
Stocks: 4 201,748 64,837
Debtors: 5 279,442 103,874
Cash at bank and in hand: 127,483 23,817
Total current assets: 608,673 192,528
Creditors: amounts falling due within one year: 6 ( 164,936 ) ( 105,677 )
Net current assets (liabilities): 443,737 86,851
Total assets less current liabilities: 717,309 276,420
Total net assets (liabilities): 717,309 276,420
Capital and reserves
Called up share capital: 100 1
Other reserves: 75,000 75,000
Profit and loss account: 642,209 201,419
Total Shareholders' funds: 717,309 276,420

The notes form part of these financial statements

WHOLESALE UK DIRECT LTD

Balance sheet statements

For the year ending 30 April 2022 the company was entitled to exemption 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.

This report was approved by the board of directors on 22 August 2022
and signed on behalf of the board by:

Name: Anna Palmer
Status: Director

The notes form part of these financial statements

WHOLESALE UK DIRECT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

WHOLESALE UK DIRECT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

  • 2. Employees

    2022 13 months to 30 April 2021
    Average number of employees during the period 7 4

WHOLESALE UK DIRECT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2021 87,387 42,391 36,739 56,872 223,389
Additions 67,403 23,849 30,102 121,354
Disposals
Revaluations
Transfers
At 30 April 2022 154,790 66,240 36,739 86,974 344,743
Depreciation
At 1 May 2021 8,739 6,359 7,348 11,374 33,820
Charge for year 9,237 7,149 7,493 13,472 37,351
On disposals
Other adjustments
At 30 April 2022 17,976 13,508 14,841 24,846 71,171
Net book value
At 30 April 2022 136,814 52,732 21,898 62,128 273,572
At 30 April 2021 78,648 36,032 29,391 45,498 189,569

WHOLESALE UK DIRECT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

4. Stocks

2022 13 months to 30 April 2021
£ £
Stocks 201,748 64,837
Total 201,748 64,837

WHOLESALE UK DIRECT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

5. Debtors

2022 13 months to 30 April 2021
£ £
Trade debtors 279,442 101,874
Prepayments and accrued income 2,000
Total 279,442 103,874

WHOLESALE UK DIRECT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

6. Creditors: amounts falling due within one year note

2022 13 months to 30 April 2021
£ £
Trade creditors 70,198 58,431
Taxation and social security 94,738 47,246
Total 164,936 105,677