REGISTERED NUMBER: 04891232 (England and Wales)

Anand Distribution Ltd.

Report of the Directors and

Financial Statements For The Year Ended 30th June 2025

Page

Company Information

1

Report of the Directors

2

Report of the Independent Auditors

3

to

5

Statement of Income and Retained Earnings

6

Balance Sheet

7

Notes to the Financial Statements

8

to

9

DIRECTORS:

Mrs H K Anand

H S Anand

SECRETARY:

Mrs J Sethi

REGISTERED OFFICE:

Meridian House

Centurion Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WH

REGISTERED NUMBER:

04891232 (England and Wales)

AUDITORS:

Cheney & Co

Statutory Auditor

310 Wellingborough Road

Northampton

NN1 4EP

The directors present their report with the financial statements of the company for the year ended 30th June 2025.

DIRECTORS

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

Mrs H K Anand

H S Anand

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Cheney & Co, will be proposed for re-appointment at the forthcoming Annual General Meeting.

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:

H S Anand - Director

7th January 2026

Opinion

We have audited the financial statements of Anand Distribution Ltd. (the 'company') for the year ended 30th June 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 30th June 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Report of the Directors has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit; or

-	the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Directors.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page two, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations . We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below:

We obtained an understanding of the legal and regulatory frameworks applicable to the company and the sector in

which it operates. We determine that the following laws and regulations were most significant: the Companies Act 2006, UK direct and indirect taxation laws, the Landlord & Tenant Legislation, Employment Legislation and Health and Safety legislation.

We obtained an understanding of how the company is complying with those legal and regulatory frame works by making enquiries of management.

There are no critical judgements of an unusual nature . The turnover is mainly from property income which is monitored closely by the directors and which is derived from a fellow subsidiary company under common control from 3rd July 2023, and before was a related family owned company.

We have undertaken high levels of substantive testing of balances in the statement of financial position and have performed a detailed analytical review of the income statement.

Prior to commencement of the audit staff were briefed on the risk assessment of the susceptibility of the company financial statements to material misstatement, including fraud .

Audit procedures performed included:

- identifying and assessing the design and effectiveness of controls management has in place to prevent and detect fraud; and

- understanding how the directors considered and addressed the potential for override of controls or inappropriate influence over the financial reporting process; and

- challenging assumptions and judgements made by management in significant accounting estimates where appropriate;and

- identifying and testing journal entries , in particular any journal entries posted with unusual account combinations, as appropriate; and

- assessing the extent of compliance with laws and regulations.

We have discussed with management the specific risk to the company of the laws mentioned above which relate to activities undertaken by the company, leading to legal liabilities, and have concluded that this risk is small.There has come to light no instances of legal action against this company in this regard. We have undertaken high levels of testing of balances included in the balance sheet and have performed a detailed analytical review of the income statement. Prior to commencement of the audit staff had been briefed on the assessment of the company's financial statements to material misstatement, including how fraud could occur. At the completion stage of the audit the results of audit tests were re-examined to ensure that they were consistent with our knowledge of the client and did not warrant further investigation of transactions and balances .

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Paul Sparks FCA FCCA (Senior Statutory Auditor)

for and on behalf of Cheney & Co

Statutory Auditor

310 Wellingborough Road

Northampton

NN1 4EP

7th January 2026

TURNOVER

324,000

324,000

Cost of sales

(6,955

)

(7,872

)

GROSS PROFIT

317,045

316,128

Administrative expenses

(176,401

)

(167,333

)

OPERATING PROFIT

4

140,644

148,795

Income from shares in group undertakings

-

1,198,190

Interest receivable and similar income

1,308

1,588

141,952

1,348,573

Amounts written off investments

-

(913,750

)

PROFIT BEFORE TAXATION

141,952

434,823

Tax on profit

(35,681

)

(45,412

)

PROFIT FOR THE FINANCIAL YEAR

106,271

389,411

Retained earnings at beginning of year

1,602,614

1,213,203

RETAINED EARNINGS AT END OF YEAR

1,708,885

1,602,614

FIXED ASSETS

Tangible assets

5

788,148

800,337

CURRENT ASSETS

Debtors

6

390,150

295,950

Cash at bank

598,387

575,596

988,537

871,546

CREDITORS

Amounts falling due within one year

7

67,049

68,318

NET CURRENT ASSETS

921,488

803,228

TOTAL ASSETS LESS CURRENT LIABILITIES

1,709,636

1,603,565

PROVISIONS FOR LIABILITIES

750

950

NET ASSETS

1,708,886

1,602,615

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,708,885

1,602,614

1,708,886

1,602,615

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 7th January 2026 and were signed on its behalf by:

H S Anand - Director

1.	STATUTORY INFORMATION

Anand Distribution 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

The freehold property is owned by the company and is used by the fellow subsidiary Anand International Limited as the business centre for the whole group of companies ( comprising Anand Group Ltd and its subsidiary companies) with offices and a warehouse with substantial loading and unloading areas used by group companies in their trade .

The freehold property , excluding the land element of £775,000 is being depreciated evenly over its useful economic life of 25 years.

The freehold property is included at its 2004 historical cost and accumulated depreciation thereon as allowed under the merger accounting rules.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Depreciation - owned assets

12,189

27,690

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st July 2024

and 30th June 2025

1,325,532

145,966

1,471,498

DEPRECIATION

At 1st July 2024

530,214

140,947

671,161

Charge for year

11,010

1,179

12,189

At 30th June 2025

541,224

142,126

683,350

NET BOOK VALUE

At 30th June 2025

784,308

3,840

788,148

At 30th June 2024

795,318

5,019

800,337

The freehold property is owned by the company and is used by the fellow subsidiary Anand International Limited as the business centre for the whole group of companies ( comprising Anand Group Ltd and its subsidiary companies) with offices and a warehouse with substantial loading and unloading areas used by group companies in their trade .

The freehold property , excluding the land element of £775,000 is being depreciated evenly over its useful economic life of 25 years.

The freehold property is included at its 2004 historical cost and accumulated depreciation thereon as allowed under the merger accounting rules.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

385,800

291,600

Other debtors

4,350

4,350

390,150

295,950

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,778

53

Taxation and social security

34,268

62,638

Other creditors

30,003

5,627

67,049

68,318