REGISTERED NUMBER: 11651351 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

D and E Wholesale Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R L Allsop

L S Allsop

REGISTERED OFFICE:

63 Bawtry Road

Bramley

Rotherham

South Yorkshire

S66 2TN

REGISTERED NUMBER:

11651351 (England and Wales)

FIXED ASSETS

Intangible assets

4

2,375

2,875

Tangible assets

5

43,512

90,178

45,887

93,053

CURRENT ASSETS

Stocks

47,500

52,000

Debtors

6

303,533

326,458

Cash at bank and in hand

30,202

22,937

381,235

401,395

CREDITORS

Amounts falling due within one year

7

701,320

607,255

NET CURRENT LIABILITIES

(320,085

)

(205,860

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(274,198

)

(112,807

)

CREDITORS

Amounts falling due after more than one year

8

4,172

33,237

NET LIABILITIES

(278,370

)

(146,044

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(278,470

)

(146,144

)

(278,370

)

(146,044

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 December 2025 and were signed on its behalf by:

L S Allsop - Director

1.	STATUTORY INFORMATION

D and E Wholesale Ltd 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.

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, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 makes employer contributions to employee pension schemes in accordance with auto enrolment legislation.

Going concern

The company continues to trade with the support of its creditors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

5,000

AMORTISATION

At 1 April 2024

2,125

Charge for year

500

At 31 March 2025

2,625

NET BOOK VALUE

At 31 March 2025

2,375

At 31 March 2024

2,875

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

160,319

Disposals

(52,770

)

At 31 March 2025

107,549

DEPRECIATION

At 1 April 2024

70,141

Charge for year

19,254

Eliminated on disposal

(25,358

)

At 31 March 2025

64,037

NET BOOK VALUE

At 31 March 2025

43,512

At 31 March 2024

90,178

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

49,420

Disposals

(49,420

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

24,227

Eliminated on disposal

(24,227

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

25,193

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

219,189

271,881

Other debtors

84,344

54,577

303,533

326,458

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,840

10,246

Hire purchase contracts

-

6,026

Trade creditors

551,181

454,934

Taxation and social security

35,403

17,253

Other creditors

103,896

118,796

701,320

607,255

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

4,172

13,905

Hire purchase contracts

-

19,332

4,172

33,237

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

-

25,358

Factoring facility

97,510

114,597

97,510

139,955

Bibby Financial Services LTD (As Security Trustee)

Fixed and floating charge dated 20th January 2020.

10.	RELATED PARTY DISCLOSURES

Hebdidge Ltd

A company owned by Mr L and Mrs R Allsop directors and shareholders of D and E Wholesale Ltd.

The company loaned monies on an interest free basis. The balance owed and included in other debtors at 31st March 2025: £44,068, (2024: £4,834).

11.	ULTIMATE CONTROLLING PARTY

The company is owned and controlled by the directors, Mr L and Mrs R Allsop.