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Company Registration No. 08847281 (England and Wales)
Squish Supply Ltd Unaudited accounts for the year ended 31 December 2025
Squish Supply Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Squish Supply Ltd Company Information for the year ended 31 December 2025
Directors
Robert Alexander Simpson Daniel Robert Harrison
Company Number
08847281 (England and Wales)
Registered Office
2.06 Food Exchange New Covent Garden Market LONDON SW8 5EL UNITED KINGDOM
Accountants
Williams Stanley and Co
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Squish Supply Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
307,014
350,000
Tangible assets
5
132,127
162,467
439,141
512,467
Current assets
Inventories
211,097
146,413
Debtors
6
663,887
667,840
Cash at bank and in hand
17,081
47,524
892,065
861,777
Creditors: amounts falling due within one year
7
(490,138)
(474,700)
Net current assets
401,927
387,077
Total assets less current liabilities
841,068
899,544
Creditors: amounts falling due after more than one year
8
(198,997)
(259,231)
Provisions for liabilities
Deferred tax
(25,104)
(30,869)
Net assets
616,967
609,444
Capital and reserves
Called up share capital
12
12
Share premium
754,998
754,998
Profit and loss account
(138,043)
(145,566)
Shareholders' funds
616,967
609,444
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 February 2026 and were signed on its behalf by
Daniel Robert Harrison Director Company Registration No. 08847281
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Squish Supply Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Squish Supply Ltd is a private company, limited by shares, registered in England and Wales, registration number 08847281. The registered office is 2.06 Food Exchange, New Covent Garden Market, LONDON, SW8 5EL, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
5 Years
Plant & machinery
10% on cost
Motor vehicles
25% on reducing balance
Fixtures & fittings
20% on cost
Computer equipment
33% on cost
Turnover
Turnover is measured at the fair value of the consideration received or receivable, including discounts, rebates, and excluding value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Squish Supply Ltd Notes to the Accounts for the year ended 31 December 2025
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 January 2025
500,000
Additions
7,500
At 31 December 2025
507,500
Amortisation
At 1 January 2025
150,000
Charge for the year
50,486
At 31 December 2025
200,486
Net book value
At 31 December 2025
307,014
At 31 December 2024
350,000
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Squish Supply Ltd Notes to the Accounts for the year ended 31 December 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
106,563
544
134,251
17,943
259,301
Additions
166
898
-
10,994
12,058
At 31 December 2025
106,729
1,442
134,251
28,937
271,359
Depreciation
At 1 January 2025
38,409
372
47,069
10,984
96,834
Charge for the year
11,051
250
26,843
4,254
42,398
At 31 December 2025
49,460
622
73,912
15,238
139,232
Net book value
At 31 December 2025
57,269
820
60,339
13,699
132,127
At 31 December 2024
68,154
172
87,182
6,959
162,467
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
611,795
623,005
Accrued income and prepayments
22,569
15,312
Other debtors
29,523
29,523
663,887
667,840
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
124,965
115,480
VAT
101,295
128,863
Trade creditors
128,617
146,569
Taxes and social security
26,943
18,635
Other creditors
5,593
3,309
Accruals
102,725
61,844
490,138
474,700
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
70,628
Amounts owed to group undertakings and other participating interests
137,423
130,015
Loans from directors
61,574
58,588
198,997
259,231
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Squish Supply Ltd Notes to the Accounts for the year ended 31 December 2025
9
Transactions with related parties
As at 31 December 2025 the company owed Mr D Harrison (director) £34,301 (December 2024: £32,638). The loan accrues at an interest rate of 5% and is repayable on demand. As at 31 December 2025 the company owed Mr R Simpson (director) £27,272 (December 2024: £25,950). The loan accrues at an interest rate of 5% and is repayable on demand. As at 31 December 2025 the company owed Roman Wall Ventures £82,454 (December 2024: £78,009) in respect of two loans with no formal repayment terms. Each loan accrues at a different rate of interest per annum: £63,078 at 5% and £19,375 at 7.5%. As at 31 December 2025 the company owed Finnex Holdings £54,969 (December 2024: £52,006) in respect of two loans with no formal repayment terms. Each loan accrues at a different rate of interest per annum: £42,052 at 5% and £12,917 at 7.5%.
10
Average number of employees
During the year the average number of employees was 15 (2024: 14).
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