P S Wholesale Group Limited


Directors	B Slater
	S Slater


Registered Address	69 Slade Road
	Portishead
	Bristol
	BS20 6AP


Registered Number	15783705 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025
		£	£
Fixed assets
Investments	3		2,016,784
			2,016,784
Creditors amounts falling due within one year	4	(1,666,684)
Net current assets (liabilities)			(1,666,684)
Total assets less current liabilities			350,100
Creditors amounts falling due after one year	5		(350,000)
Net assets			100
Capital and reserves
Called up share capital			100
Shareholders' funds			100

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 16 October 2025, and are signed on its behalf by:

S Slater
Director
Registered Company No. 15783705

P S Wholesale Group Limited

Notes to the Financial Statements
for the period ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number is 15783705 and the registered office address is 69 Slade Road, Portishead, Bristol, England, BS20 6AP.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Dividend income
	Dividend income is recognised when the right to receive payment is established.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.	Average number of employees


		2025
	Average number of employees during the year	2

3.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
Additions	2,016,784	2,016,784
At 31 January 25	2,016,784	2,016,784
Net book value
At 31 January 25	2,016,784	2,016,784

	Notes
	¹Investments in group undertakings and participating interests

4.	Creditors: amounts due within one year

		2025
		£
	Amounts owed to related parties	1,297,952
	Other creditors	368,732
	Total	1,666,684


	Included within other creditors due within one year are £361,019 owed to shareholders of the Company and £7,713 owed to the directors of the Company. These amounts, as well as amounts owed to a subsidiary totalling £1,297,952, are interest-free and have no fixed date for repayment.

5.	Creditors: amounts due after one year

		2025
		£
	Other creditors	350,000
	Total	350,000


	Included within other creditors due after one year is £350,000 owed to shareholders of the Company; this amount is interest-free.

6.	Share capital
	On 17 June 2024, 70 Class A ordinary shares were issued with a total nominal value and consideration of £70. On 3 July 2024, 15 Class B ordinary shares and 15 Class C ordinary shares were issued with a total nominal value and consideration of £30.