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Company Registration No. 04672217 (England and Wales)
No.1. Distribution Limited Unaudited accounts for the year ended 30 June 2024
No.1. Distribution Limited Unaudited accounts Contents
Page
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No.1. Distribution Limited Company Information for the year ended 30 June 2024
Director
Ahmad Jafarian
Company Number
04672217 (England and Wales)
Registered Office
44B Bridge Street Walsall West Midlands WS1 1HR United Kingdom
Accountants
Younis Bhatti & Co Ltd 93 Broad Street Birmingham West Midlands B15 1AU
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No.1. Distribution Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,401 
12,746 
Current assets
Inventories
425,750 
615,250 
Debtors
590,738 
320,990 
Cash at bank and in hand
73,908 
134,010 
1,090,396 
1,070,250 
Creditors: amounts falling due within one year
(151,801)
(236,753)
Net current assets
938,595 
833,497 
Total assets less current liabilities
951,996 
846,243 
Creditors: amounts falling due after more than one year
(32,704)
(56,123)
Net assets
919,292 
790,120 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
919,192 
790,020 
Shareholders' funds
919,292 
790,120 
For the year ending 30 June 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 March 2025 and were signed on its behalf by
Ahmad Jafarian Director Company Registration No. 04672217
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No.1. Distribution Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
No.1. Distribution Limited is a private company, limited by shares, registered in England and Wales, registration number 04672217. The registered office is 44B Bridge Street, Walsall, West Midlands, WS1 1HR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10%
Motor vehicles
15%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
107,575 
185,823 
3,624 
297,022 
Additions
16,333 
- 
565 
16,898 
At 30 June 2024
123,908 
185,823 
4,189 
313,920 
Depreciation
At 1 July 2023
92,431 
188,222 
3,623 
284,276 
Charge for the year
18,586 
(2,400)
57 
16,243 
At 30 June 2024
111,017 
185,822 
3,680 
300,519 
Net book value
At 30 June 2024
12,891 
1 
509 
13,401 
At 30 June 2023
15,144 
(2,399)
1 
12,746 
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No.1. Distribution Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
590,150 
315,250 
Other debtors
588 
5,740 
590,738 
320,990 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
14,473 
5,424 
Trade creditors
78,395 
75,250 
Taxes and social security
48,720 
145,656 
Accruals
10,213 
10,423 
151,801 
236,753 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
21,485 
30,988 
Obligations under finance leases and hire purchase contracts
8,939 
19,078 
Loans from directors
2,280 
6,057 
32,704 
56,123 
8
Average number of employees
During the year the average number of employees was 18 (2023: 17).
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