We Get Any Stock Ltd

	Page
Company Information	1
Strategic Report	2—3
Directors' Report	4—5
Independent Auditor's Report	6—9
Profit and Loss Account	10
Balance Sheet	11
Statement of Changes in Equity	12
Statement of Cash Flows	13
Notes to the Statement of Cash Flows	14
Notes to the Financial Statements	15—21

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Strategic Report

For The Year Ended 31 December 2024

Strategic Report

The directors present their strategic report for the year ended 31 December 2024.

Review of the Business

We Get Any Stock Ltd is a leading wholesale distributor of British foods and non-foods, serving a wide range of customer segments across the UK and international markets. During the year, the company achieved strong growth in key financial metrics, as outlined below:

Turnover: Increased by 0.04% to £21,326,203 (2023: £21,318,003). This growth comes from strong demand in both Asian and European markets, continuing the positive trend seen last year.

Gross Profit: Fell by 12.1% to £2,838,061 (2023: £3,230,329), partly due to higher costs of sales, which increased to £18,488,142 (2023: £18,087,674).

Operating Profit: Decreased by 21.7% to £1,840,586 (2023: £2,351,385). This drop reflects increased administrative expenses of £1,007,278 (2023: £894,812), and other changes in operating income.

Net Profit After Taxation: Reported at £1,435,004 (2023: £1,822,025), reflecting a 21.2% decrease from the previous year. This decrease is primarily attributed to the rise in costs and lower operational income.

Net Assets: Increased to £7,498,218 (2023: £6,141,154), driven by increased equity reserves and robust asset management.

These results reflect the company’s ongoing commitment to operational excellence, product diversification, and strategic investments.

The directors use the following KPIs to assess the company’s performance:

Turnover Growth: Marginal increase of 0.04% compared to 2023, reflecting the company’s stable revenue generation.

Gross Profit Margin: Reduced to approximately 13.3% (2023: 15.2%), impacted by higher cost of sales.

Net Asset Growth: Strong increase of 22%, showing financial stability and the ability to reinvest for future growth.

Principal Risks and Uncertainties

The directors have identified the following principal risks and uncertainties affecting the business:

Market Competition: The wholesale sector remains highly competitive. The Company continuously monitors market trends and adjusts its offerings to maintain its competitive edge.
Economic Conditions: Economic fluctuations, including inflation and exchange rate volatility, pose risks to profitability. The Company mitigates this by adopting efficient procurement and pricing strategies.
Supply Chain Disruptions: Delays in delivery from suppliers could impact operations. The Company works closely with a diversified supplier base to ensure reliability and minimise disruptions.
Regulatory Changes: Changes in trade and regulatory policies may affect the cost structure. The Company invests in compliance measures to ensure adherence to new regulations.

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We Get Any Stock Ltd

Strategic Report (continued)

For The Year Ended 31 December 2024

Future Developments

The directors are committed to driving growth and have outlined the following plans for 2024 and beyond:

Geographical Expansion: Further expansion into North America and Asia to diversify the revenue base.
Product Diversification: Introduction of new product lines to meet evolving customer needs.
Technological Investments: Upgrades to IT systems to improve efficiency and customer experience.
Sustainability Initiatives: Investment in sustainable practices to align with environmental goals and customer expectations.

On behalf of the board

Mr Mohit Sawlani

Director

20 November 2025

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We Get Any Stock Ltd

Company No. 08110681

Directors' Report For The Year Ended 31 December 2024

Directors' Report

The directors present their report and the financial statements for the year ended 31 December 2024.

Principal Activity

The principal activity is the wholesale distribution of British foods and non-foods to diverse customer segments

Directors

The directors who held office during the year were as follows:

Mr Prashant Sawlani

Mr Mohit Sawlani

Matters covered in the Strategic Report

Disclosures required under s416(4) of the Companies Act 2006 are commented upon in the Strategic Report as the directors consider them to be of strategic importance to the business.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Directors' Report is approved:

so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

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We Get Any Stock Ltd

Directors' Report (continued)

For The Year Ended 31 December 2024

Independent Auditors

The auditors, Affinity Associates Limited, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

Mr Mohit Sawlani

Director

20 November 2025

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Independent Auditor's Report

to the Members of

We Get Any Stock Ltd

Independent Auditor's Report

Opinion

We have audited the financial statements of We Get Any Stock Ltd for the year ended 31 December 2024 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes of Equity, Cash Flow Statement and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its profit/(loss) for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Strategic Report and Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements.

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Independent Auditor's Report (continued)

to the Members of

We Get Any Stock Ltd

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records or returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.

Responsibilities of Directors

As explained more fully in the Directors' Responsibilities Statement set out on page 4—5, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

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Independent Auditor's Report (continued)

to the Members of

We Get Any Stock Ltd

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Discussions with and enquiries of management and those charged with governance were held to identify laws and regulations that could reasonably be expected to have a material impact on the financial statements of We Get Any Stock Limited. During our audit planning and team briefing, the outcomes of these discussions and enquiries were communicated to the engagement team, along with consideration of where and how fraud may occur within the company.

The following laws and regulations were identified as being of significance to the entity:

Laws and regulations with a direct effect on the financial statements include:

UK Financial Reporting Standards (FRS 102),
The Companies Act 2006,
UK Tax legislation (including corporation tax, VAT, and payroll taxes),
Pensions legislation, and
Distributable profits legislation.

Laws and regulations for which non-compliance may be fundamental to the operational aspects of the business and could therefore have a material impact on the financial statements include:

Health and Safety legislation,
Employment law,
Data Protection laws (GDPR), and
Import/export and product safety regulations, considering the company’s significant role in the import and distribution of world food products.

Audit procedures undertaken in response to the potential risks of irregularities (including fraud and non-compliance with laws and regulations) comprised the following:

Enquiries of management and those charged with governance to confirm the company’s compliance with relevant laws and regulations;
Enquiries regarding any actual or potential litigation, claims, or regulatory issues;
Inspection of correspondence with relevant authorities (e.g., HMRC and trading standards) to identify any areas of concern;
Review of board minutes and discussions for evidence of significant decisions, risks, or non-compliance;
Testing the appropriateness of journal entries, particularly those involving unusual or unexpected transactions;
Performing analytical procedures to identify unexpected movements or trends in account balances that may indicate fraud or error; and
Assessing management’s controls over compliance and the prevention and detection of fraud.
No instances of material non-compliance or fraud were identified as a result of the above procedures.

However, we recognise that the likelihood of detecting irregularities, including fraud, is inherently limited due to:

The inherent difficulty in detecting irregularities,
The effectiveness of the company’s internal controls, and
The nature, timing, and extent of the audit procedures performed.

Irregularities that result from fraud may be inherently more difficult to detect than irregularities resulting from error. As explained above, there is an unavoidable risk that material misstatements may not be detected, even though the audit has been planned and performed in accordance with ISAs (UK).

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use Of Our Report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

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Independent Auditor's Report (continued)

to the Members of

We Get Any Stock Ltd

Mr Mukund Amin (Senior Statutory Auditor)

for and on behalf of Affinity Associates Limited , Statutory Auditor

20 November 2025

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We Get Any Stock Ltd

Profit and Loss Account

For The Year Ended 31 December 2024

Profit and Loss Account

		2024	2023
	Notes	£	£
TURNOVER	3	21,326,203	21,318,003
Cost of sales		(18,488,142 )	(18,087,674 )

GROSS PROFIT		2,838,061	3,230,329

Administrative expenses		(1,007,278 )	(894,812 )
Other operating income		9,803	15,868

OPERATING PROFIT	5	1,840,586	2,351,385
Other interest receivable and similar income	10	84,792	40,805
Interest payable and similar charges	11	(4,412 )	(3,923 )

PROFIT BEFORE TAXATION		1,920,966	2,388,267
Tax on Profit	12	(485,962 )	(566,242 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		1,435,004	1,822,025

The notes on pages 14 to 21 form part of these financial statements.

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We Get Any Stock Ltd

Balance Sheet

As At 31 December 2024

Balance Sheet

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	13		209,246		193,572

			209,246		193,572
CURRENT ASSETS
Stocks	14	1,501,722		1,787,626
Debtors	15	5,885,463		4,926,748
Cash at bank and in hand		2,325,619		1,942,821

		9,712,804		8,657,195
Creditors: Amounts Falling Due Within One Year	16	(2,317,853 )		(2,602,623 )

NET CURRENT ASSETS (LIABILITIES)			7,394,951		6,054,572

TOTAL ASSETS LESS CURRENT LIABILITIES			7,604,197		6,248,144

Creditors: Amounts Falling Due After More Than One Year	17		(77,940 )		(70,807 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	18		(28,039 )		(36,183 )

NET ASSETS			7,498,218		6,141,154

CAPITAL AND RESERVES
Called up share capital	19		150		150
Other reserves			39,253		42,193
Profit and Loss Account			7,458,815		6,098,811

SHAREHOLDERS' FUNDS			7,498,218		6,141,154

On behalf of the board

Mr Mohit Sawlani

Director

20 November 2025

The notes on pages 14 to 21 form part of these financial statements.

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We Get Any Stock Ltd

Statement of Changes in Equity

For The Year Ended 31 December 2024

Statement of Changes in Equity

	Share Capital	Other reserves	Profit and Loss Account	Total
	£	£	£	£
As at 1 January 2023 as previously stated	150	18,365	4,360,050	4,378,565
Prior year adjustment	-	-	(8,264 )	(8,264 )

As at 1 January 2023 as restated	150	18,365	4,351,786	4,370,301
4,351,786

Profit for the year and total comprehensive income	-	-	1,822,025	1,822,025

Dividends paid	-	-	(75,000)	(75,000)
Movements in other reserves	-	23,828	-	23,828

As at 31 December 2023 and 1 January 2024	150	42,193	6,098,811	6,141,154


Profit for the year and total comprehensive income	-	-	1,435,004	1,435,004

Dividends paid	-	-	(75,000)	(75,000)
Movements in other reserves	-	(2,940)	-	(2,940)

As at 31 December 2024	150	39,253	7,458,815	7,498,218

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We Get Any Stock Ltd

Statement of Cash Flows

For The Year Ended 31 December 2024

Statement of Cash Flows

		2024	2023
	Notes	£	£
Cash flows from operating activities
Net cash generated from operations	1	1,030,357	1,309,110
Interest paid		(4,412 )	(3,923 )
Tax paid		(575,000 )	(305,458 )

Net cash generated from operating activities		450,945	999,729

Cash flows from investing activities
Purchase of tangible assets		(78,488 )	(180,842 )
Interest received		84,792	40,805

Net cash generated from/(used in) investing activities		6,304	(140,037 )

Cash flows from financing activities
Equity dividends paid		(75,000 )	(75,000 )
Amount introduced by directors		759	31,434

Net cash used in financing activities		(74,241 )	(43,566 )



Increase in cash and cash equivalents		383,008	816,126
Cash and cash equivalents at beginning of year	2	1,833,448	1,016,864
Foreign exchange (losses)/gains on cash and cash equivalents		(9,370 )	458

Cash and cash equivalents at end of year	2	2,207,086	1,833,448

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We Get Any Stock Ltd

Notes to the Statement of Cash Flows

For The Year Ended 31 December 2024

Notes to the Statement of Cash Flows

1. Reconciliation of profit for the financial year to cash generated from operations

	2024	2023
	£	£
Profit for the financial year	1,435,004	1,822,025
Adjustments for:
Tax on profit	485,962	566,242
Interest expense	4,412	3,923
Interest income	(84,792 )	(40,805 )
Depreciation of tangible assets	62,814	26,072
Foreign exchange losses	6,430	459
Movements in working capital:
Decrease/(increase) in stocks	285,904	(734,922 )
Increase in trade and other debtors	(958,715 )	(1,063,181 )
(Decrease)/increase in trade and other creditors	(206,662 )	729,297

Net cash generated from operations	1,030,357	1,309,110

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	2024	2023
	£	£
Cash at bank and in hand	2,325,619	1,942,821
Overdraft facilities repayable on demand	(118,533 )	(109,373 )

Cash and cash equivalents as stated in the Statement of Cash Flows	2,207,086	1,833,448

3. Analysis of changes in net funds

	As at 1 January 2024	Cash flows	As at 31 December 2024
	£	£	£
Cash at bank and in hand	1,942,821	382,798	2,325,619
Overdraft facilities repayable on demand	(109,373)	(9,160)	(118,533)

Cash and cash equivalents	1,833,448	373,638	2,207,086

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We Get Any Stock Ltd

Notes to the Financial Statements

For The Year Ended 31 December 2024

Notes to the Financial Statements

1. General Information

We Get Any Stock Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08110681 . The registered office is Unit 7a Butterfield Business Park, Great Marlings, Luton, LU2 8EU.

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 "The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. 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.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% at cost
Motor Vehicles	20% at cost
Fixtures & Fittings	20% at cost

2.5. 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 is determined using the first-in, first-out method. 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.

At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the profit and loss account. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the profit and loss account.

2.6. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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We Get Any Stock Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

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

2.9. Non-Market Rate Loans

The company recognises loans provided at below-market rates in accordance with Section 11.13 of FRS 102. Such loans are initially measured at the present value of future repayments discounted at a market rate of interest. The difference between the face value and the present value is recognised in the P&L as other income at the time of recognition. The carrying amount is subsequently adjusted for notional interest calculated using the effective interest rate method, with corresponding entries made to finance costs and other income to ensure the P&L reflects a net-zero impact.

2.10. Impairment of Fixed Assets

At each reporting year-end date, the company reviews the carrying amounts of its intangible and tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

The recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

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We Get Any Stock Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Turnover

Analysis of turnover by geographical market is as follows:

	2024	2023
	£	£
United Kingdom	3,875,984	3,426,915
Europe	4,836,074	4,523,381
North America	390,385	140,217
Asia	10,450,376	9,972,480
Rest of the world	1,773,384	3,255,010

	21,326,203	21,318,003

4. Other Operating Income

	2024	2023
	£	£
Other operating income	9,803	15,868

	9,803	15,868

5. Operating Profit

The operating profit is stated after charging:

	2024	2023
	£	£
Bad debts	15	-
Depreciation of tangible fixed assets	62,814	26,072
Impairment losses - Stocks	-	18,875

6. Auditor's Remuneration

Remuneration received by the company's auditors and their associates during the year was as follows:

	2024	2023
	£	£
Audit Services
Audit of the company's financial statements	17,250	15,750

7. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2024	2023
	£	£
Wages and salaries	456,386	254,428
Social security costs	7,540	16,174
Other pension costs	2,922	1,521

	466,848	272,123

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We Get Any Stock Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2024	2023
Office and administration	4	4
Sales, marketing and distribution	19	12
Research and Development	2	2

	25	18

9. Directors' remuneration

	2024	2023
	£	£
Emoluments	31,000	43,750

10. Interest Receivable and Similar Income

	2024	2023
	£	£
Bank interest receivable	62,055	29,227
Other interest receivable	18,325	7,655
Interest transfer from other reserves	4,412	3,923

	84,792	40,805

11. Interest Payable and Similar Charges

	2024	2023
	£	£
Other finance charges	4,412	3,923

12. Tax on Profit

	Tax Rate		2024	2023
The tax charge on the profit for the year was as follows:
	2024	2023	£	£
Current tax
UK Corporation Tax	25.0%	25.0%	494,106	534,497
Deferred Tax
Origination and reversal of timing differences			(8,144 )	31,745


Total tax charge for the period			485,962	566,242


The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:
			2024	2023
			£	£
Profit before tax			1,920,966	2,388,267

Tax on profit at 25% (UK standard rate)			480,241	602,098
Goodwill/depreciation not allowed for tax			15,704	6,518

...CONTINUED

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Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Expenses not deductible for tax purposes	3,410	3,703
Capital allowances	(5,249 )	(39,171 )
Short term timing differences	-	31,745
Difference in tax rates	(8,144 )	(38,651 )

Total tax charge for the period	485,962	566,242

13. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2024	118,994	137,545	23,517	280,056
Additions	1,832	68,742	7,914	78,488

As at 31 December 2024	120,826	206,287	31,431	358,544

Depreciation
As at 1 January 2024	20,166	61,776	4,542	86,484
Provided during the period	24,090	33,237	5,487	62,814

As at 31 December 2024	44,256	95,013	10,029	149,298

Net Book Value
As at 31 December 2024	76,570	111,274	21,402	209,246

As at 1 January 2024	98,828	75,769	18,975	193,572

14. Stocks

	2024	2023
	£	£
Stock	1,501,722	1,787,626

15. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	2,709,406	1,850,967
Prepayments and accrued income	267,267	61,720
Other debtors	17,165	14,208
VAT	308,250	334,803

	3,302,088	2,261,698
Due after more than one year
Other debtors	2,583,375	2,665,050

	5,885,463	4,926,748

Included within other long term debtors are the following balances due from companies under common control:

Extreme Investments Ltd (CRN 09683809): An interest-free loan amounting to £2,265,050 (2023: £2,365,050) provided in 2022, with a term of 15 years.

P&H Investment Group Ltd (CRN 13681958): A loan of £318,325 (2023: £300,000) advanced in 2023 on an arm's length basis, accruing interest at a commercial rate, with a term of 3 years.

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Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

16. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	1,007,692	1,433,765
Bank loans and overdrafts	118,533	109,373
Corporation tax	473,426	554,320
Other taxes and social security	30,515	46,933
Other creditors	135,342	-
Accruals and deferred income	325,665	225,178
Directors' loan accounts	226,680	233,054

	2,317,853	2,602,623

17. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other creditors	77,940	70,807

18. Deferred Taxation

The provision for deferred tax is made up as follows:

	2024	2023
	£	£
Other timing differences	28,039	36,183

19. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	150	150

20. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2024	2023
	£	£
Not later than one year	200,000	138,460
Later than one year and not later than five years	800,000	553,840
Later than five years	1,483,333	1,171,562

	2,483,333	1,863,862

These lease commitments are due to related party Extreme Investments Ltd

21. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

During the year the charge to the profit and loss account in respect of defined contribution schemes was £2,922 (2023: £1,521).

At the balance sheet date contributions of £NIL were due to the fund and are included in creditors.

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Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

22. Dividends

	2024	2023
	£	£
On equity shares:
Final dividend paid	75,000	75,000

23. Related Party Disclosures

Director Loan at Below-Market Rate

During the financial year, the company received an interest-free loan of £68,000 (2022 - £45,000) from a director, repayable in five years. The loan was recognised at its present value, discounted at a market rate of 6%, in line with FRS 102 requirements. The difference was recognised as other income in the year.

Notional interest was calculated annually using the effective interest rate method and recognised in finance costs and other income, with no net impact on the P&L.

Extreme Investments Ltd

A company under common control of directors and shareholders.

Refer to note 15 on other debtors.

P&H Investment Group Ltd

A company under common control of directors and shareholders.

Refer to note 15 on other debtors.

24. Controlling Parties

The company's ultimate controlling party is Mr Mohit Sawlani by virtue of their interest in the share capital of the company.

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