REGISTERED NUMBER: 05157019 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

FACTORY2U.CO.UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N Ilyas

A Ilyas

REGISTERED OFFICE:

2 Manor Square

Solihull

West Midlands

B81 3PX

REGISTERED NUMBER:

05157019 (England and Wales)

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

FIXED ASSETS

Tangible assets

4

765

956

CURRENT ASSETS

Stocks

51,262

91,910

Debtors

5

437,595

415,799

Cash at bank and in hand

129,232

209,332

618,089

717,041

CREDITORS

Amounts falling due within one year

6

149,147

278,374

NET CURRENT ASSETS

468,942

438,667

TOTAL ASSETS LESS CURRENT LIABILITIES

469,707

439,623

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

469,607

439,523

469,707

439,623

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 10 December 2025 and were signed on its behalf by:

N Ilyas - Director

1.	STATUTORY INFORMATION

Factory2U.CO.UK 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.

Tangible fixed assets

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

Improvements to property

-

25% reducing balance

Computer equipment

-

25% Straight line

Stocks

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

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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Computer

property

equipment

Totals

£

£

£

COST

At 1 April 2024

3,600

3,875

7,475

Additions

(18

)

-

(18

)

At 31 March 2025

3,582

3,875

7,457

DEPRECIATION

At 1 April 2024

3,528

2,991

6,519

Charge for year

-

173

173

At 31 March 2025

3,528

3,164

6,692

NET BOOK VALUE

At 31 March 2025

54

711

765

At 31 March 2024

72

884

956

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

417,998

415,799

Other debtors

19,597

-

437,595

415,799

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

966

-

Trade creditors

23,130

17,392

Amounts owed to group undertakings

59,229

136,289

Taxation and social security

59,203

46,533

Other creditors

6,619

78,160

149,147

278,374

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

N Ilyas

Balance outstanding at start of year

(57,368

)

(98,453

)

Amounts advanced

118,000

127,121

Amounts repaid

(41,035

)

(86,036

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

19,597

(57,368

)

A Ilyas

Balance outstanding at start of year

(18,624

)

(18,624

)

Amounts advanced

55,000

49,096

Amounts repaid

(40,000

)

(49,096

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,624

)

(18,624

)

8.	RELATED PARTY DISCLOSURES

Included within debtors at the year end is an aggregated amount due from a company under common control £417,998 (2024 - £415,799). The loan is interest free and payable on demand.

Included within creditors at the year end is an aggregated amount due to a company under common control £63,028 (2024 - £136,288). The loan is interest free and payable on demand.