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REGISTERED NUMBER: 11900851 (England and Wales)











Compton Retail Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025






Compton Retail Limited (Registered number: 11900851)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

Compton Retail Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: G E B Morrell





SECRETARY: N S Morrell





REGISTERED OFFICE: 32 Bridgnorth Road
SPAR stores
Compton
Wolverhampton
WV6 8AE





REGISTERED NUMBER: 11900851 (England and Wales)





ACCOUNTANTS: Streets Dyke Ruscoe Ltd
110 Corve Street
Ludlow
SHROPSHIRE
SY8 1DJ

Compton Retail Limited (Registered number: 11900851)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 34,623 39,950
Tangible assets 5 182,770 207,835
217,393 247,785

CURRENT ASSETS
Stocks 87,929 78,009
Debtors 6 23,762 25,045
Cash at bank and in hand 19,260 31,504
130,951 134,558
CREDITORS
Amounts falling due within one year 7 433,783 410,961
NET CURRENT LIABILITIES (302,832 ) (276,403 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(85,439

)

(28,618

)

CREDITORS
Amounts falling due after more than one
year

8

11,310

19,794
NET LIABILITIES (96,749 ) (48,412 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (96,849 ) (48,512 )
(96,749 ) (48,412 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Compton Retail Limited (Registered number: 11900851)

Balance Sheet - continued
31 March 2025


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 3 August 2025 and were signed by:





G E B Morrell - Director


Compton Retail Limited (Registered number: 11900851)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Compton Retail Limited 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 2021, is being amortised evenly over its estimated useful life of ten 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% 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.

Compton Retail Limited (Registered number: 11900851)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 21 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 53,266
AMORTISATION
At 1 April 2024 13,316
Charge for year 5,327
At 31 March 2025 18,643
NET BOOK VALUE
At 31 March 2025 34,623
At 31 March 2024 39,950

Compton Retail Limited (Registered number: 11900851)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Improvements
Long to Plant and
leasehold property machinery
£    £    £   
COST
At 1 April 2024 1 73,527 31,810
Additions - - -
At 31 March 2025 1 73,527 31,810
DEPRECIATION
At 1 April 2024 - 2,227 6,401
Charge for year - 1,470 5,213
At 31 March 2025 - 3,697 11,614
NET BOOK VALUE
At 31 March 2025 1 69,830 20,196
At 31 March 2024 1 71,300 25,409

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024 169,511 4,170 279,019
Additions 1,817 3,023 4,840
At 31 March 2025 171,328 7,193 283,859
DEPRECIATION
At 1 April 2024 60,226 2,330 71,184
Charge for year 22,254 968 29,905
At 31 March 2025 82,480 3,298 101,089
NET BOOK VALUE
At 31 March 2025 88,848 3,895 182,770
At 31 March 2024 109,285 1,840 207,835

Compton Retail Limited (Registered number: 11900851)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Improvements
to
property
£   
COST
At 1 April 2024
and 31 March 2025 11,780
DEPRECIATION
At 1 April 2024 351
Charge for year 235
At 31 March 2025 586
NET BOOK VALUE
At 31 March 2025 11,194
At 31 March 2024 11,429

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 8,608 19,118
Directors' current accounts 5,064 -
Called up share capital not paid 100 100
Prepayments 9,990 5,827
23,762 25,045

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 5,497 5,497
Hire purchase contracts 2,757 4,203
Trade creditors 90,016 93,757
Social security and other taxes 4,022 3,737
VAT 6,413 10,307
Other creditors 314,515 285,789
Directors' current accounts - 1,541
Accrued expenses 10,563 6,130
433,783 410,961

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Other loans - 2-5 years 11,310 17,037
Hire purchase contracts - 2,757
11,310 19,794

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Compton Retail Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Compton Retail Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Compton Retail Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Compton Retail Limited and state those matters that we have agreed to state to the director of Compton Retail Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Compton Retail Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Compton Retail Limited. You consider that Compton Retail Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Compton Retail Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Streets Dyke Ruscoe Ltd
110 Corve Street
Ludlow
SHROPSHIRE
SY8 1DJ


3 August 2025