Halle Distribution Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 15047709

		30 April 2024
	Notes	£	£
CURRENT ASSETS
Debtors	5	79,258

		79,258
Creditors: Amounts Falling Due Within One Year	6	(72,777 )

NET CURRENT ASSETS (LIABILITIES)			6,481

TOTAL ASSETS LESS CURRENT LIABILITIES			6,481

NET ASSETS			6,481

CAPITAL AND RESERVES
Called up share capital	7		1
Profit and Loss Account			6,480

SHAREHOLDERS' FUNDS			6,481

For the period ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Miss Jennifer Laybourn

Director

21 March 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Halle Distribution Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15047709 . The registered office is 8-10 Church Street, Bank Square, Wilmslow, Cheshire, SK9 1AN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1

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Halle Distribution Limited

Notes to the Financial Statements (continued)

For the Period 3 August 2023 to 30 April 2024

4. Stocks

	30 April 2024
	£

5. Debtors

	30 April 2024
	£
Due within one year
Amounts owed by group undertakings	26,008
Amounts owed by participating interests	23,265
Other debtors	29,985

	79,258

6. Creditors: Amounts Falling Due Within One Year

	30 April 2024
	£
Trade creditors	2,788
Amounts owed to group undertakings	5
Amounts owed to participating interests	60,774
Other creditors	2,419
Taxation and social security	6,791

	72,777

7. Share Capital

	30 April 2024
	£
Allotted, Called up and fully paid	1

8. Related Party Transactions

Halle Tiles (Wilmslow) Limited is considered to be a related party of the company and at the year end was owed £1,860.

Click 4 Bathrooms Limited is considered to be a related party of the company and at the year end was owed £17,375.

Buy Bathrooms Direct Limited is considered to be a related party of the company and at the year end was owed £10,750.

Halle Tiles (Stores) Limited is considered to be a related party of the company and at the year end was owed £26,007.

Halle Tiles Online Limited is considered to be a related party of the company and at the year end was owed £4,099.

Halle Tiles Limited is considered to be a related party of the company and at the year end was owed £19,166.

Threlco Group Limited is considered to be a related party of the company and at the year end the company owed them £5.

Halle Retail Group Limited is considered to be a related party of the company and at the year end the company owed them £6,074.

HLTG Retail Limited is considered to be a related party of the company and at the year end the company owed them £20,000.

MTT Online Retail Limited is considered to be a related party of the company and at the year end the company owed them £34,700.

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