Nationwide Retail Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Statement of Changes in Equity	4
Notes to the Financial Statements	5—7

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Nationwide Retail Limited for the year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Nationwide Retail Limited for the year ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Nationwide Retail Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Nationwide Retail Limited and state those matters that we have agreed to state to the directors of Nationwide Retail Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nationwide Retail Limited and its directors, as a body, for our work or for this report.

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

We have not been instructed to carry out an audit of the accounts of Nationwide 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 financial statements.

12/12/2025

DEB Chartered Accountants

19 Middlewoods Way

Carlton

Barnsley

South Yorkshire

S71 3HR

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Nationwide Retail Limited

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: 06058106

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,977		7,637

			5,977		7,637
CURRENT ASSETS
Stocks	5	58,130		59,353
Debtors	6	3,828		3,236
Cash at bank and in hand		3,040		1,825

		64,998		64,414
Creditors: Amounts Falling Due Within One Year	7	(43,769 )		(43,263 )

NET CURRENT ASSETS (LIABILITIES)			21,229		21,151

TOTAL ASSETS LESS CURRENT LIABILITIES			27,206		28,788

Creditors: Amounts Falling Due After More Than One Year	8		(23,675 )		(24,485 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		(1,136 )		(1,451 )

NET ASSETS			2,395		2,852

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			2,295		2,752

SHAREHOLDERS' FUNDS			2,395		2,852

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Nationwide Retail Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Elizabeth Taylor

Director

12/12/2025

The notes on pages 5 to 7 form part of these financial statements.

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Nationwide Retail Limited

Statement of Changes in Equity

For The Year Ended 31 March 2025

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 April 2023	100	(8,477 )	(8,377)
Profit for the year and total comprehensive income	-	11,229	11,229

As at 31 March 2024 and 1 April 2024	100	2,752	2,852


Loss for the year and total comprehensive income	-	(457 )	(457)

As at 31 March 2025	100	2,295	2,395

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Nationwide Retail Limited

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Nationwide Retail Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06058106 . The registered office is 19 Middlewoods Way, Carlton, Barnsley, South Yorkshire, S71 3HR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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	25% reducing balance
Computer Equipment	25% reducing balance

2.4. 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 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.

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

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

	2025	2024
Office and administration	3	3

	3	3

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Nationwide Retail Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	40,307	3,128	43,435
Additions	-	332	332

As at 31 March 2025	40,307	3,460	43,767

Depreciation
As at 1 April 2024	33,459	2,339	35,798
Provided during the period	1,712	280	1,992

As at 31 March 2025	35,171	2,619	37,790

Net Book Value
As at 31 March 2025	5,136	841	5,977

As at 1 April 2024	6,848	789	7,637

5. Stocks

	2025	2024
	£	£
Stock	58,130	59,353

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	144	133
VAT	3,684	3,103

	3,828	3,236

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	10,000	10,000
Corporation tax	3,794	3,016
PAYE control	1,031	698
Pension Control	184	-
Accruals and deferred income	1,831	1,626
Directors' loan accounts	26,929	27,923

	43,769	43,263

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

	2025	2024
	£	£
Bounce Back Loan	23,675	24,485

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Nationwide Retail Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	1,136	1,451

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

11. Related Party Transactions

The company is controlled by Mr P Gallagher and Mrs E Taylor, directors & shareholders of the company

The balance on the directors' loan accounts of Mr P Gallagher and Mrs E Taylor at 31st March 2025 were £17,062 (2024 - £15,790) and £9,867 (2024 - £12,133) due from the Company respectively.

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