IRIS Accounts Production v25.3.0.601 01773236 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01773236 2024-03-31 01773236 2025-03-31 01773236 2024-04-01 2025-03-31 01773236 2023-03-31 01773236 2023-04-01 2024-03-31 01773236 2024-03-31 01773236 ns15:EnglandWales 2024-04-01 2025-03-31 01773236 ns14:PoundSterling 2024-04-01 2025-03-31 01773236 ns10:Director1 2024-04-01 2025-03-31 01773236 ns10:Director2 2024-04-01 2025-03-31 01773236 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01773236 ns10:SmallEntities 2024-04-01 2025-03-31 01773236 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01773236 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 01773236 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01773236 ns10:FullAccounts 2024-04-01 2025-03-31 01773236 ns5:CurrentFinancialInstruments 2025-03-31 01773236 ns5:CurrentFinancialInstruments 2024-03-31 01773236 ns5:Non-currentFinancialInstruments 2025-03-31 01773236 ns5:Non-currentFinancialInstruments 2024-03-31 01773236 ns5:ShareCapital 2025-03-31 01773236 ns5:ShareCapital 2024-03-31 01773236 ns5:CapitalRedemptionReserve 2025-03-31 01773236 ns5:CapitalRedemptionReserve 2024-03-31 01773236 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 01773236 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 01773236 ns10:RegisteredOffice 2024-04-01 2025-03-31 01773236 ns5:PlantMachinery 2024-03-31 01773236 ns5:FurnitureFittings 2024-03-31 01773236 ns5:MotorVehicles 2024-03-31 01773236 ns5:PlantMachinery 2024-04-01 2025-03-31 01773236 ns5:FurnitureFittings 2024-04-01 2025-03-31 01773236 ns5:MotorVehicles 2024-04-01 2025-03-31 01773236 ns5:PlantMachinery 2025-03-31 01773236 ns5:FurnitureFittings 2025-03-31 01773236 ns5:MotorVehicles 2025-03-31 01773236 ns5:PlantMachinery 2024-03-31 01773236 ns5:FurnitureFittings 2024-03-31 01773236 ns5:MotorVehicles 2024-03-31 01773236 ns5:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 01773236 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 01773236 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 01773236 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-03-31 01773236 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-03-31 01773236 ns5:BetweenOneFiveYears ns5:HirePurchaseContracts 2025-03-31 01773236 ns5:BetweenOneFiveYears ns5:HirePurchaseContracts 2024-03-31 01773236 ns5:HirePurchaseContracts 2025-03-31 01773236 ns5:HirePurchaseContracts 2024-03-31 01773236 ns5:WithinOneYear 2025-03-31 01773236 ns5:WithinOneYear 2024-03-31 01773236 ns5:BetweenOneFiveYears 2025-03-31 01773236 ns5:BetweenOneFiveYears 2024-03-31 01773236 ns5:MoreThanFiveYears 2025-03-31 01773236 ns5:MoreThanFiveYears 2024-03-31 01773236 ns5:AllPeriods 2025-03-31 01773236 ns5:AllPeriods 2024-03-31

REGISTERED NUMBER: 01773236 (England and Wales)

N W T DISTRIBUTION LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2025

N W T DISTRIBUTION LIMITED (REGISTERED NUMBER: 01773236)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

| Page |

Balance Sheet | 1 |  | to |  | 2

Notes to the Financial Statements | 3 |  | to |  | 6

N W T DISTRIBUTION LIMITED (REGISTERED NUMBER: 01773236)

BALANCE SHEET

31 MARCH 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 184,219 |  | 11,659 |  |

CURRENT ASSETS

Stocks | 2,136,262 |  | 2,183,061 |  |

Debtors | 5 | 1,585,033 |  | 1,574,595 |  |

Cash at bank | 1,266,947 |  | 932,422 |  |

4,988,242 |  | 4,690,078 |  |

CREDITORS

Amounts falling due within one year | 6 | (1,026,766 | ) | (1,121,483 | ) |

NET CURRENT ASSETS | 3,961,476 |  | 3,568,595 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 4,145,695 |  | 3,580,254 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (111,344 | ) | - |  |

PROVISIONS FOR LIABILITIES | (46,055 | ) | (2,915 | ) |

NET ASSETS | 3,988,296 |  | 3,577,339 |  |

CAPITAL AND RESERVES

Called up share capital | 84 |  | 84 |  |

Capital redemption reserve | 6 |  | 6 |  |

Retained earnings | 3,988,206 |  | 3,577,249 |  |

3,988,296 |  | 3,577,339 |  |

N W T DISTRIBUTION LIMITED (REGISTERED NUMBER: 01773236)

BALANCE SHEET - continued

31 MARCH 2025

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 directors acknowledge their 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.

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 Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

A R Green - Director

J S Auld - Director

N W T DISTRIBUTION LIMITED (REGISTERED NUMBER: 01773236)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| N W T Distribution Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 01773236

| Registered office: | Unit 5

| The Peninsula Business Centre

| Wherstead

| Ipswich

| Suffolk

| IP9 2BB

| The presentation currency of the financial statements is in Pound Sterling (£) and the financial statements are rounded to the nearest Pound.

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.

| Tangible fixed assets

| Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

| Plant and machinery - 10% and 15% on reducing balance

| Office equipment - 15% and 25% on reducing balance

| Motor vehicles - 25% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Financial instruments

| Basic financial instruments are recognised at amortised cost.

| 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.

N W T DISTRIBUTION LIMITED (REGISTERED NUMBER: 01773236)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Foreign currencies

| 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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Hire purchase agreements

| Assets held under hire purchase agreements are capitalised and disclosed under property, plant and equipment at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the income statement using the effective interest rate.

| Operating lease agreements

| Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates and defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 6 (2024 - 6 ) .

N W T DISTRIBUTION LIMITED (REGISTERED NUMBER: 01773236)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

4. | TANGIBLE FIXED ASSETS

| Plant and |  | Office |  | Motor |

| Machinery |  | Equipment |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2024 | 2,481 |  | 55,241 |  | - |  | 57,722 |  |

| Additions | - |  | - |  | 176,495 |  | 176,495 |  |

| At 31 March 2025 | 2,481 |  | 55,241 |  | 176,495 |  | 234,217 |  |

| DEPRECIATION

| At 1 April 2024 | 875 |  | 45,188 |  | - |  | 46,063 |  |

| Charge for year | 166 |  | 2,407 |  | 1,362 |  | 3,935 |  |

| At 31 March 2025 | 1,041 |  | 47,595 |  | 1,362 |  | 49,998 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,440 |  | 7,646 |  | 175,133 |  | 184,219 |  |

| At 31 March 2024 | 1,606 |  | 10,053 |  | - |  | 11,659 |  |

| Included within the net book value of £184,219 is £175,133 (2024: £Nil) relating to assets held under hire purchase agreements.

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 1,414,250 |  | 1,408,023 |  |

| Other debtors | 170,783 |  | 166,572 |  |

1,585,033 |  | 1,574,595 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 8) | 20,150 |  | - |  |

| Trade creditors | 147,517 |  | 182,831 |  |

| Taxation and social security | 511,737 |  | 442,984 |  |

| Other creditors | 347,362 |  | 495,668 |  |

1,026,766 |  | 1,121,483 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts (see note 8) | 111,344 |  | - |  |

N W T DISTRIBUTION LIMITED (REGISTERED NUMBER: 01773236)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

8. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2025 | 2024 |

£ | £ |

| Net obligations repayable:

| Within one year | 20,150 |  | - |  |

| Between one and five years | 111,344 |  | - |  |

131,494 |  | - |  |

| Non-cancellable |

| operating leases |

2025 | 2024 |

£ | £ |

| Within one year | 17,850 |  | 30,665 |  |

| Between one and five years | 72,888 |  | 79,616 |  |

| In more than five years | - |  | 1,315 |  |

90,738 |  | 111,596 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| The company has invoice discounting facilities in place through Lloyds Bank Commercial Finance Ltd and HSBC Invoice Finance (UK) Ltd. Any liabilities are secured by fixed and floating charges over all property and undertakings of the company.