Standard Distributions (Periodicals) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01194455

Standard Distributions (Periodicals) Limited

Filleted Unaudited Financial Statements

31 March 2025

Standard Distributions (Periodicals) Limited

Financial Statements

Year ended 31st March 2025

Contents	Page

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

Standard Distributions (Periodicals) Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Standard Distributions (Periodicals) Limited

Year ended 31st March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Standard Distributions (Periodicals) Limited for the year ended 31st March 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm 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 www.icaew.com/en/membership/regulations-standards-and-guidance. Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation.

BROOKS & CO. Chartered Accountants

9 Cheam Road Ewell Epsom Surrey KT17 1SP

27 October 2025

Standard Distributions (Periodicals) Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	4	3,358	3,987

Current assets

Stocks		45,750	46,522
Debtors	5	5,080	3,996
Cash at bank and in hand		983	1,214
		--------	--------
		51,813	51,732

Creditors: amounts falling due within one year	6	( 206,600)	( 160,289)
		---------	---------
Net current assets		258,413	212,021
		---------	---------
Total assets less current liabilities		261,771	216,008

Creditors: amounts falling due after more than one year	7	3,250	3,250
		---------	---------
Net assets		258,521	212,758
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	258,421	212,658
	---------	---------
Shareholders funds	258,521	212,758
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31st March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Standard Distributions (Periodicals) Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 27 October 2025 , and are signed on behalf of the board by:

Mr D M Bennett

Director

Company registration number: 01194455

Standard Distributions (Periodicals) Limited

Notes to the Financial Statements

Year ended 31st March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9 Cheam Road, Epsom, Surrey, KT17 1SP, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on a going concern basis, which assumes that the company will continue to receive financial support from its company's bankers and related parties. Having considered all the information available, the directors have reasonable expectation that the company will have adequate financial support for at least one year from the date of approval of the financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	15% reducing balance
Motor vehicle	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1st April 2024 and 31st March 2025	260,694	17,867	278,561
	---------	--------	---------
Depreciation
At 1st April 2024	257,025	17,549	274,574
Charge for the year	550	79	629
	---------	--------	---------
At 31st March 2025	257,575	17,628	275,203
	---------	--------	---------
Carrying amount
At 31st March 2025	3,119	239	3,358
	---------	--------	---------
At 31st March 2024	3,669	318	3,987
	---------	--------	---------

5. Debtors

	2025	2024
	£	£
Trade debtors	4,307	3,058
Other debtors	773	938
	-------	-------
	5,080	3,996
	-------	-------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	197,117	200,349
Amounts owed to group undertakings and undertakings in which the company has a participating interest	( 405,317)	( 362,238)
Other creditors	1,600	1,600
	---------	---------
	( 206,600)	( 160,289)
	---------	---------

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	3,250	3,250
	-------	-------

8. Directors' advances, credits and guarantees

During the year, Mr D Bennett and Ms L Wallbank, directors of the company, made further advances to the company. The amount owed to Mr D Bennett and Ms L Wallbank totalled £ 3,250 (2024: £3,250). These advances are interest-free and repayable on demand.