REGISTERED NUMBER: 04244038 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

FULL SUPPLY LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

M G Mitchell

Mrs A K Mitchell

SECRETARY:

Mrs A K Mitchell

REGISTERED OFFICE:

Unit 20a Dawley Trading Estate

Stallings Lane

Kingswinford

West Midlands

DY6 7AP

REGISTERED NUMBER:

04244038 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Tangible assets

4

22,636

28,812

CURRENT ASSETS

Stocks

10,000

10,000

Debtors

5

670,474

784,455

Cash at bank

123,995

138,836

804,469

933,291

CREDITORS

Amounts falling due within one year

6

190,822

203,716

NET CURRENT ASSETS

613,647

729,575

TOTAL ASSETS LESS CURRENT LIABILITIES

636,283

758,387

PROVISIONS FOR LIABILITIES

5,659

5,941

NET ASSETS

630,624

752,446

CAPITAL AND RESERVES

Called up share capital

2

2

Capital redemption reserve

1

1

Retained earnings

630,621

752,443

SHAREHOLDERS' FUNDS

630,624

752,446

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

M G Mitchell - Director

Mrs A K Mitchell - Director

1.	STATUTORY INFORMATION

Full Supply 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.

The directors considers that in preparing the financial statements they have taken into account all information available, and on this basis the financial statements are prepared on a going concern basis.

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.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Short term debtors are measured at the transaction price, less any impairment.

Short term creditors are measured at the transaction price.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

Cost

At 1 August 2024

34,666

22,315

56,981

Additions

816

-

816

At 31 July 2025

35,482

22,315

57,797

Depreciation

At 1 August 2024

22,590

5,579

28,169

Charge for year

2,808

4,184

6,992

At 31 July 2025

25,398

9,763

35,161

Net book value

At 31 July 2025

10,084

12,552

22,636

At 31 July 2024

12,076

16,736

28,812

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

76,054

186,835

Other debtors

594,420

597,620

670,474

784,455

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

133,775

96,410

Trade creditors

37,268

32,186

Taxation and social security

14,711

70,585

Other creditors

5,068

4,535

190,822

203,716

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

133,775

96,410

The overdraft is secured by a fixed and floating charge.

8.	PENSION COMMITMENTS

During the year, the company made contributions to a defined contribution pension scheme. At the balance sheet date £992 (2024: £735) was due to the pension scheme.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company has made interest-bearing loans to Mrs A K Mitchell and Mr M G Mitchell. The amounts outstanding at the year end were: Mrs A K Mitchell £222,124 (2024: £224,800) and Mr M G Mitchell £222,124 (2024: £224,800).

During the year, Full Supply Limited rented premises from the directors for the amount of £19,200 (2024: £19,200).