REGISTERED NUMBER: 04983960 (England and Wales)

SUPPLEFEET LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Ms E L Supple

I Bishop-Laggett

SECRETARY:

I Bishop-Laggett

REGISTERED OFFICE:

255 Green Lanes

Palmers Green

London

N13 4XE

REGISTERED NUMBER:

04983960 (England and Wales)

ACCOUNTANTS:

John Crook & Partners

Chartered Accountants

255 Green Lanes

Palmers Green

London

N13 4XE

FIXED ASSETS

Tangible assets

4

463,873

469,962

CURRENT ASSETS

Stocks

7,530

17,165

Debtors

5

1,991

7,147

Cash at bank and in hand

10,195

14,287

19,716

38,599

CREDITORS

Amounts falling due within one year

6

228,207

208,461

NET CURRENT LIABILITIES

(208,491

)

(169,862

)

TOTAL ASSETS LESS CURRENT LIABILITIES

255,382

300,100

CREDITORS

Amounts falling due after more than one year

7

(347,129

)

(356,632

)

PROVISIONS FOR LIABILITIES

(2,908

)

(9,172

)

NET LIABILITIES

(94,655

)

(65,704

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(94,755

)

(65,804

)

SHAREHOLDERS' FUNDS

(94,655

)

(65,704

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 29 December 2025 and were signed on its behalf by:

I Bishop-Laggett - Director

Ms E L Supple - Director

1.	STATUTORY INFORMATION

Supplefeet 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 financial statements have been prepared on a going concern basis. This may not be appropriate, as there is a deficiency of assets as at 31st March 2013. The company's ability to trade is dependent upon the continuing support of the directors and a loan creditor, which at present is forthcoming. Therefore the going concern basis is considered appropriate.

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.

Freehold property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

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 Statement of Income and Retained Earnings, 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 15 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

421,632

68,912

38,548

7,671

536,763

Additions

-

13,747

400

-

14,147

At 31 March 2025

421,632

82,659

38,948

7,671

550,910

DEPRECIATION

At 1 April 2024

18,762

12,336

28,682

7,021

66,801

Charge for year

8,433

9,780

1,530

493

20,236

At 31 March 2025

27,195

22,116

30,212

7,514

87,037

NET BOOK VALUE

At 31 March 2025

394,437

60,543

8,736

157

463,873

At 31 March 2024

402,870

56,576

9,866

650

469,962

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,002

2,048

Other debtors

-

4,264

Prepayments

989

835

1,991

7,147

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,472

7,091

Trade creditors

13,348

12,285

Taxation and social security

4,228

-

Other creditors

203,159

189,085

228,207

208,461

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

237,467

244,505

Other creditors

109,662

112,127

347,129

356,632

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

203,024

211,969

8.	RELATED PARTY DISCLOSURES

The company has relied upon the support of the directors and members of their families. The company owed £109,710 (2024 - £118,429) to A Bishop-Laggett, the father of a director, of which £109,662 (2024 - £112,127) is repayable in more than twelve months. The interest charged on this loan was £4,430. The amount outstanding at the year end was £11,262 (2024 - £6,832).

Other family members have also provided interest free loans to the company: Ms A Bishop-Laggett and Mr E Supple have aided cashflow with loans of £3,000 and £5,000 respectively.

The two directors have provided the company with an interest free loan during the year to aid the purchase of the freehold property. The company owed £173,527 (2024 - £170,643) at year-end.

9.	ULTIMATE CONTROLLING PARTY

The ultimate control of the company is held by E. L. Supple who holds the majority of the issued share capital.