REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

WORRALL BUSINESS SUPPLIES LIMITED

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

5

Chartered Certified Accountants' Report

8

DIRECTORS:

D Tissington

Mrs H M L Tissington

J M Tissington

P D Tissington

SECRETARY:

D Tissington

REGISTERED OFFICE:

129 West Bar

Sheffield

South Yorkshire

S3 8PT

REGISTERED NUMBER:

01307071 (England and Wales)

ACCOUNTANTS:

Hewitt Card Limited

Chartered Certified Accountants

70-72 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BN

The directors present their report with the financial statements of the company for the year ended 31 October 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of suppliers of office equipment and stationery.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 November 2024 to the date of this report.

D Tissington

Mrs H M L Tissington

J M Tissington

P D Tissington

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

J M Tissington - Director

12 December 2025

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

284,201

280,709

284,201

280,709

CURRENT ASSETS

Stocks

55,255

84,288

Debtors

6

158,659

209,007

Cash at bank and in hand

736,853

707,383

950,767

1,000,678

CREDITORS

Amounts falling due within one year

7

308,228

262,240

NET CURRENT ASSETS

642,539

738,438

TOTAL ASSETS LESS CURRENT LIABILITIES

926,740

1,019,147

PROVISIONS FOR LIABILITIES

11,499

9,095

NET ASSETS

915,241

1,010,052

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

29,475

29,475

Fair value reserve

118,526

118,526

Retained earnings

766,240

861,051

SHAREHOLDERS' FUNDS

915,241

1,010,052

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

P D Tissington - Director

1.	STATUTORY INFORMATION

Worrall Business Supplies 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill is in respect of the acquisition of a customer list acquired in 2014. The value has now been written off in full.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

2% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Stocks

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

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 10 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

20,000

AMORTISATION

At 1 November 2024

and 31 October 2025

20,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 November 2024

274,443

234,247

508,690

Additions

-

32,048

32,048

Disposals

-

(17,500

)

(17,500

)

At 31 October 2025

274,443

248,795

523,238

DEPRECIATION

At 1 November 2024

60,937

167,044

227,981

Charge for year

1,002

21,709

22,711

Eliminated on disposal

-

(11,655

)

(11,655

)

At 31 October 2025

61,939

177,098

239,037

NET BOOK VALUE

At 31 October 2025

212,504

71,697

284,201

At 31 October 2024

213,506

67,203

280,709

Cost or valuation at 31 October 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2016

102,500

-

102,500

Valuation in 2017

34,737

-

34,737

Valuation in 2021

763

-

763

Cost

136,443

248,795

385,238

274,443

248,795

523,238

The investment property has been revalued by the directors based upon the rental yield.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

140,955

179,575

Prepayments

17,704

29,432

158,659

209,007

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

96,936

111,962

Tax

33,324

47,968

Social security and other taxes

4,252

3,043

VAT

23,948

22,340

Directors' current accounts

140,467

66,646

Accrued expenses

9,301

10,281

308,228

262,240

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are P Tissington and J Tissington.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Worrall Business Supplies Limited for the year ended 31 October 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Worrall Business Supplies Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Worrall Business Supplies Limited and state those matters that we have agreed to state to the Board of Directors of Worrall Business Supplies Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

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

We have not been instructed to carry out an audit or a review of the financial statements of Worrall Business Supplies 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 statutory financial statements.

Hewitt Card Limited

Chartered Certified Accountants

70-72 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BN

Date: .............................................