WHOLESALE UK DIRECT LTD

Company Registration Number:
12557215 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 May 2022

End date: 30 April 2023

WHOLESALE UK DIRECT LTD

Contents of the Financial Statements

for the Period Ended 30 April 2023

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

WHOLESALE UK DIRECT LTD

Directors' report period ended 30 April 2023

The directors present their report with the financial statements of the company for the period ended 30 April 2023

Directors

The director shown below has held office during the whole of the period from
1 May 2022 to 30 April 2023

Graham Lodge


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
2 December 2024

And signed on behalf of the board by:
Name: Graham Lodge
Status: Director

WHOLESALE UK DIRECT LTD

Profit And Loss Account

for the Period Ended 30 April 2023

2023 2022


£

£
Turnover: 3,415,985 1,834,528
Cost of sales: ( 1,758,844 ) ( 1,029,338 )
Gross profit(or loss): 1,657,141 805,190
Distribution costs: ( 215,478 ) ( 94,730 )
Administrative expenses: ( 398,547 ) ( 174,932 )
Operating profit(or loss): 1,043,116 535,528
Profit(or loss) before tax: 1,043,116 535,528
Tax: ( 229,485 ) ( 94,738 )
Profit(or loss) for the financial year: 813,631 440,790

WHOLESALE UK DIRECT LTD

Balance sheet

As at 30 April 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 458,744 273,572
Total fixed assets: 458,744 273,572
Current assets
Stocks: 4 894,841 201,748
Debtors: 5 398,871 279,442
Cash at bank and in hand: 168,741 127,483
Total current assets: 1,462,453 608,673
Creditors: amounts falling due within one year: 6 ( 390,257 ) ( 164,936 )
Net current assets (liabilities): 1,072,196 443,737
Total assets less current liabilities: 1,530,940 717,309
Total net assets (liabilities): 1,530,940 717,309
Capital and reserves
Called up share capital: 100 100
Share premium account: 75,000 75,000
Profit and loss account: 1,455,840 642,209
Total Shareholders' funds: 1,530,940 717,309

The notes form part of these financial statements

WHOLESALE UK DIRECT LTD

Balance sheet statements

For the year ending 30 April 2023 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 2 December 2024
and signed on behalf of the board by:

Name: Graham Lodge
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 2023

  • 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 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 10 7

WHOLESALE UK DIRECT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2022 154,790 66,240 36,739 86,974 344,743
Additions 39,856 39,847 85,417 166,071 331,191
Disposals
Revaluations
Transfers
At 30 April 2023 194,646 106,087 122,156 253,045 675,934
Depreciation
At 1 May 2022 17,976 13,508 14,841 24,846 71,171
Charge for year 38,929 21,217 24,431 61,442 146,019
On disposals
Other adjustments
At 30 April 2023 56,905 34,725 39,272 86,288 217,190
Net book value
At 30 April 2023 137,741 71,362 82,884 166,757 458,744
At 30 April 2022 136,814 52,732 21,898 62,128 273,572

WHOLESALE UK DIRECT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Stocks

2023 2022
£ £
Stocks 894,841 201,748
Total 894,841 201,748

WHOLESALE UK DIRECT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

5. Debtors

2023 2022
£ £
Trade debtors 398,871 279,442
Total 398,871 279,442

WHOLESALE UK DIRECT LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 160,772 70,198
Taxation and social security 229,485 94,738
Total 390,257 164,936