Dutchflow Trade Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 13214533 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Dutchflow Trade Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Property, plant and equipment

4

1

5,860

CURRENT ASSETS

Inventories

101,142

Debtors

5

468,927

204,815

Cash at bank

4,250

3,675

574,319

309,632

CREDITORS

Amounts falling due within one year

6

575,638

292,668

NET CURRENT (LIABILITIES)/ASSETS

(1,319

)

16,964

TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,318

)

22,824

CREDITORS

Amounts falling due after more than
one year

7

97,870

98,385

NET LIABILITIES

(99,188

)

(75,561

)

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

(99,288

)

(75,661

)

SHAREHOLDERS' FUNDS

(99,188

)

(75,561

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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:

Mr Michael Peter De Boer - Director

1.	STATUTORY INFORMATION

Dutchflow Trade Ltd 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:

13214533

Registered office:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

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 represents the fair value of rent received or receivable from the leasehold properties, 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.

Freehold property

-

0% on cost

Short leasehold

-

Straight line over 3 years

Fixtures and fittings

-

50% on cost and Straight line over 3 years

Stocks

Stock representing properties intended for resale is valued at the lower of cost and estimated selling price less costs to complete and sell. Costs incurred in refurbishing properties to the resale standard are included in the cost of each property.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

The company has net liabilities of £99,188. The accounts have been prepared on a going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Freehold

Short

and

property

leasehold

fittings

Totals

£

COST

At 1 March 2024

-

7,530

15,050

22,580

Additions

1

-

1

Disposals

-

(580

)

(6,500

)

(7,080

)

Reclassification/transfer

-

(6,500

)

-

(6,500

)

At 28 February 2025

1

450

8,550

9,001

DEPRECIATION

At 1 March 2024

-

7,186

9,534

16,720

Charge for year

-

151

1,849

2,000

Eliminated on disposal

-

(387

)

(2,833

)

(3,220

)

Reclassification/transfer

-

(6,500

)

-

(6,500

)

At 28 February 2025

-

450

8,550

9,000

NET BOOK VALUE

At 28 February 2025

1

-

1

At 29 February 2024

-

344

5,516

5,860

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

Other debtors

468,927

204,815

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

Other creditors

575,638

292,668

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

28.2.25

29.2.24

£

Bank loans

50,050

Other creditors

47,820

48,335

97,870

98,385

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

50,050

8.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.25

29.2.24

£

Bank loans

50,050

The loan amounting to £50,050 is secured by the way of charge on the property situated at 16B Wernddu Road, Ammanford, SA18 2NE (disclosed as inventories). The charge was created in the name of Together Commercial Finance Limited on 03rd October 2022.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

100

Ordinary

£1

100

10.	RELATED PARTY DISCLOSURES

The company owes £310,025 (2024: £217,401) to its director, Mr. Michael Peter De Boer as at accounting year end date.

The company was owed £462,955 (2024: £193,843) as at accounting year end date from Dutchflow Invest Ltd, a company registered in United Kingdom (Company registered number: 13214533). Mr. Michael Peter De Boer and Mr Jop Jurriaans are also directors of this company.

The company was owed £2,090 (2024: £1,219) as at accounting year end date to its parent company (100%) Dutchflow Holdings Ltd, a company registered in United Kingdom (Company registered number: 14536232). Mr. Michael Peter De Boer and Mr Jop Jurriaans are also directors of this company.