2024-08-01 2025-07-31 2025-07-31 false 08162493 TRUE DISTRIBUTION LIMITED 2026-04-14 46491 false iso4217:GBP xbrli:pure 08162493 2024-07-31 08162493 2025-07-31 08162493 2024-08-01 2025-07-31 08162493 2023-07-31 08162493 2024-07-31 08162493 2023-08-01 2024-07-31 08162493 bus:SmallEntities 2024-08-01 2025-07-31 08162493 bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 08162493 bus:FullAccounts 2024-08-01 2025-07-31 08162493 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 08162493 core:WithinOneYear 2025-07-31 08162493 core:AfterOneYear 2025-07-31 08162493 core:WithinOneYear 2024-07-31 08162493 core:AfterOneYear 2024-07-31 08162493 core:ShareCapital 2025-07-31 08162493 core:SharePremium 2025-07-31 08162493 core:RevaluationReserve 2025-07-31 08162493 core:OtherReservesSubtotal 2025-07-31 08162493 core:RetainedEarningsAccumulatedLosses 2025-07-31 08162493 core:ShareCapital 2024-07-31 08162493 core:SharePremium 2024-07-31 08162493 core:RevaluationReserve 2024-07-31 08162493 core:OtherReservesSubtotal 2024-07-31 08162493 core:RetainedEarningsAccumulatedLosses 2024-07-31 08162493 core:LandBuildings 2025-07-31 08162493 core:PlantMachinery 2025-07-31 08162493 core:Vehicles 2025-07-31 08162493 core:FurnitureFittings 2025-07-31 08162493 core:OfficeEquipment 2025-07-31 08162493 core:NetGoodwill 2025-07-31 08162493 core:IntangibleAssetsOtherThanGoodwill 2025-07-31 08162493 core:ListedExchangeTraded 2025-07-31 08162493 core:UnlistedNon-exchangeTraded 2025-07-31 08162493 core:LandBuildings 2024-07-31 08162493 core:PlantMachinery 2024-07-31 08162493 core:Vehicles 2024-07-31 08162493 core:FurnitureFittings 2024-07-31 08162493 core:OfficeEquipment 2024-07-31 08162493 core:NetGoodwill 2024-07-31 08162493 core:IntangibleAssetsOtherThanGoodwill 2024-07-31 08162493 core:ListedExchangeTraded 2024-07-31 08162493 core:UnlistedNon-exchangeTraded 2024-07-31 08162493 core:LandBuildings 2024-08-01 2025-07-31 08162493 core:PlantMachinery 2024-08-01 2025-07-31 08162493 core:Vehicles 2024-08-01 2025-07-31 08162493 core:FurnitureFittings 2024-08-01 2025-07-31 08162493 core:OfficeEquipment 2024-08-01 2025-07-31 08162493 core:NetGoodwill 2024-08-01 2025-07-31 08162493 core:IntangibleAssetsOtherThanGoodwill 2024-08-01 2025-07-31 08162493 core:ListedExchangeTraded 2024-08-01 2025-07-31 08162493 core:UnlistedNon-exchangeTraded 2024-08-01 2025-07-31 08162493 core:MoreThanFiveYears 2024-08-01 2025-07-31 08162493 core:Non-currentFinancialInstruments 2025-07-31 08162493 core:Non-currentFinancialInstruments 2024-07-31 08162493 dpl:CostSales 2024-08-01 2025-07-31 08162493 dpl:DistributionCosts 2024-08-01 2025-07-31 08162493 core:LandBuildings 2024-08-01 2025-07-31 08162493 core:PlantMachinery 2024-08-01 2025-07-31 08162493 core:Vehicles 2024-08-01 2025-07-31 08162493 core:FurnitureFittings 2024-08-01 2025-07-31 08162493 core:OfficeEquipment 2024-08-01 2025-07-31 08162493 dpl:AdministrativeExpenses 2024-08-01 2025-07-31 08162493 core:NetGoodwill 2024-08-01 2025-07-31 08162493 core:IntangibleAssetsOtherThanGoodwill 2024-08-01 2025-07-31 08162493 dpl:GroupUndertakings 2024-08-01 2025-07-31 08162493 dpl:ParticipatingInterests 2024-08-01 2025-07-31 08162493 dpl:GroupUndertakings core:ListedExchangeTraded 2024-08-01 2025-07-31 08162493 core:ListedExchangeTraded 2024-08-01 2025-07-31 08162493 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-08-01 2025-07-31 08162493 core:UnlistedNon-exchangeTraded 2024-08-01 2025-07-31 08162493 dpl:CostSales 2023-08-01 2024-07-31 08162493 dpl:DistributionCosts 2023-08-01 2024-07-31 08162493 core:LandBuildings 2023-08-01 2024-07-31 08162493 core:PlantMachinery 2023-08-01 2024-07-31 08162493 core:Vehicles 2023-08-01 2024-07-31 08162493 core:FurnitureFittings 2023-08-01 2024-07-31 08162493 core:OfficeEquipment 2023-08-01 2024-07-31 08162493 dpl:AdministrativeExpenses 2023-08-01 2024-07-31 08162493 core:NetGoodwill 2023-08-01 2024-07-31 08162493 core:IntangibleAssetsOtherThanGoodwill 2023-08-01 2024-07-31 08162493 dpl:GroupUndertakings 2023-08-01 2024-07-31 08162493 dpl:ParticipatingInterests 2023-08-01 2024-07-31 08162493 dpl:GroupUndertakings core:ListedExchangeTraded 2023-08-01 2024-07-31 08162493 core:ListedExchangeTraded 2023-08-01 2024-07-31 08162493 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-08-01 2024-07-31 08162493 core:UnlistedNon-exchangeTraded 2023-08-01 2024-07-31 08162493 core:NetGoodwill 2025-07-31 08162493 core:IntangibleAssetsOtherThanGoodwill 2025-07-31 08162493 core:LandBuildings 2025-07-31 08162493 core:PlantMachinery 2025-07-31 08162493 core:Vehicles 2025-07-31 08162493 core:FurnitureFittings 2025-07-31 08162493 core:OfficeEquipment 2025-07-31 08162493 core:AfterOneYear 2025-07-31 08162493 core:WithinOneYear 2025-07-31 08162493 core:ListedExchangeTraded 2025-07-31 08162493 core:UnlistedNon-exchangeTraded 2025-07-31 08162493 core:ShareCapital 2025-07-31 08162493 core:SharePremium 2025-07-31 08162493 core:RevaluationReserve 2025-07-31 08162493 core:OtherReservesSubtotal 2025-07-31 08162493 core:RetainedEarningsAccumulatedLosses 2025-07-31 08162493 core:NetGoodwill 2024-07-31 08162493 core:IntangibleAssetsOtherThanGoodwill 2024-07-31 08162493 core:LandBuildings 2024-07-31 08162493 core:PlantMachinery 2024-07-31 08162493 core:Vehicles 2024-07-31 08162493 core:FurnitureFittings 2024-07-31 08162493 core:OfficeEquipment 2024-07-31 08162493 core:AfterOneYear 2024-07-31 08162493 core:WithinOneYear 2024-07-31 08162493 core:ListedExchangeTraded 2024-07-31 08162493 core:UnlistedNon-exchangeTraded 2024-07-31 08162493 core:ShareCapital 2024-07-31 08162493 core:SharePremium 2024-07-31 08162493 core:RevaluationReserve 2024-07-31 08162493 core:OtherReservesSubtotal 2024-07-31 08162493 core:RetainedEarningsAccumulatedLosses 2024-07-31 08162493 core:NetGoodwill 2023-07-31 08162493 core:IntangibleAssetsOtherThanGoodwill 2023-07-31 08162493 core:LandBuildings 2023-07-31 08162493 core:PlantMachinery 2023-07-31 08162493 core:Vehicles 2023-07-31 08162493 core:FurnitureFittings 2023-07-31 08162493 core:OfficeEquipment 2023-07-31 08162493 core:AfterOneYear 2023-07-31 08162493 core:WithinOneYear 2023-07-31 08162493 core:ListedExchangeTraded 2023-07-31 08162493 core:UnlistedNon-exchangeTraded 2023-07-31 08162493 core:ShareCapital 2023-07-31 08162493 core:SharePremium 2023-07-31 08162493 core:RevaluationReserve 2023-07-31 08162493 core:OtherReservesSubtotal 2023-07-31 08162493 core:RetainedEarningsAccumulatedLosses 2023-07-31 08162493 core:AfterOneYear 2024-08-01 2025-07-31 08162493 core:WithinOneYear 2024-08-01 2025-07-31 08162493 core:Non-currentFinancialInstruments core:CostValuation 2024-08-01 2025-07-31 08162493 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-08-01 2025-07-31 08162493 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-08-01 2025-07-31 08162493 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-08-01 2025-07-31 08162493 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-08-01 2025-07-31 08162493 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-08-01 2025-07-31 08162493 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-08-01 2025-07-31 08162493 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-08-01 2025-07-31 08162493 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-08-01 2025-07-31 08162493 core:Non-currentFinancialInstruments core:CostValuation 2025-07-31 08162493 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2025-07-31 08162493 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2025-07-31 08162493 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2025-07-31 08162493 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2025-07-31 08162493 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2025-07-31 08162493 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2025-07-31 08162493 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2025-07-31 08162493 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2025-07-31 08162493 core:Non-currentFinancialInstruments core:CostValuation 2024-07-31 08162493 core:Non-currentFinancialInstruments core:AdditionsToInvestments 2024-07-31 08162493 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2024-07-31 08162493 core:Non-currentFinancialInstruments core:DisposalsDecreaseInInvestments 2024-07-31 08162493 core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-07-31 08162493 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-07-31 08162493 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-07-31 08162493 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-07-31 08162493 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-07-31 08162493 bus:Director1 2024-08-01 2025-07-31 08162493 core:FurnitureFittingsToolsEquipment 2024-07-31 08162493 core:FurnitureFittingsToolsEquipment 2024-08-01 2025-07-31 08162493 core:FurnitureFittingsToolsEquipment 2025-07-31 08162493 1 2024-08-01 2025-07-31

TRUE DISTRIBUTION LIMITED

Registered Number
08162493
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2025

TRUE DISTRIBUTION LIMITED
Company Information
for the year from 1 August 2024 to 31 July 2025

Director | GROOMS, Russell

Registered Address | 35 Greenbank Avenue
| Saltdean
| BN2 8QS

Registered Number | 08162493 (England and Wales)

TRUE DISTRIBUTION LIMITED
Statement of Financial Position
31 July 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Tangible assets | 3 |  |  | 12,672 |  |  |  | 14,723
|  |  |  | 12,672 |  |  |  | 14,723
Current assets |  |  |  |  |  |  |  |
Stocks | 4 | 42,273 |  |  |  | 25,403 |  |
Debtors |  | 19,029 |  |  |  | 15,193 |  |
Cash at bank and on hand |  | 106,327 |  |  |  | 113,862 |  |
|  | 167,629 |  |  |  | 154,458 |  |
Creditors amounts falling due within one year | 5 | (18,429) |  |  |  | (26,858) |  |
Net current assets (liabilities) |  |  |  | 149,200 |  |  |  | 127,600
Total assets less current liabilities |  |  |  | 161,872 |  |  |  | 142,323
Creditors amounts falling due after one year | 6 |  |  | (3,635) |  |  |  | -
Provisions for liabilities | 7 |  |  | (2,661) |  |  |  | (3,682)
Accruals and deferred income |  |  |  | (170) |  |  |  | (170)
Net assets |  |  |  | 155,406 |  |  |  | 138,471
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  | 155,306 |  |  |  | 138,371
Shareholders' funds |  |  |  | 155,406 |  |  |  | 138,471

- The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 14 April 2026, and are signed on its behalf by:
GROOMS, Russell Director Registered Company No. 08162493

TRUE DISTRIBUTION LIMITED
Notes to the Financial Statements
for the year ended 31 July 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

| Basis of preparation
--- | ---
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

| Functional and presentation currency
--- | ---
| The financial statements are presented in sterling and this is the functional currency of the company.

| Turnover policy
--- | ---
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

| Revenue from sale of goods
--- | ---
| Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

| Interest income
--- | ---
| Interest income is recognised using the effective interest rate method.

| Employee benefits
--- | ---
| Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

| Foreign currency translation
--- | ---
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

| Current taxation
--- | ---
| Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

| Deferred tax
--- | ---
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

| Tangible fixed assets and depreciation
--- | ---
| Tangible fixed assets are stated at the lower of cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

|  | Reducing balance (%) |  | Straight line (years)
| Plant and machinery | - |  | 3
| Fixtures and fittings | 20 |  | -
| Office Equipment | - |  | 3

| Stocks and work in progress
--- | ---
| Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 1 |  | 1

3. | Tangible fixed assets
--- | ---

|  | Plant & machinery |  | Fixtures & fittings |  | Office Equipment |  | Total
--- | --- | --- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
| Cost or valuation
| At 01 August 24 | 4,544 |  | 31,949 |  | 1,926 |  | 38,419
| Additions | - |  | 303 |  | - |  | 303
| Disposals | (910) |  | - |  | - |  | (910)
| At 31 July 25 | 3,634 |  | 32,252 |  | 1,926 |  | 37,812
| Depreciation and impairment
| At 01 August 24 | 2,906 |  | 20,174 |  | 616 |  | 23,696
| Charge for year | 952 |  | 267 |  | 642 |  | 1,861
| On disposals | (417) |  | - |  | - |  | (417)
| At 31 July 25 | 3,441 |  | 20,441 |  | 1,258 |  | 25,140
| Net book value
| At 31 July 25 | 193 |  | 11,811 |  | 668 |  | 12,672
| At 31 July 24 | 1,638 |  | 11,775 |  | 1,310 |  | 14,723

4. | Stocks
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Other stocks | 42,273 |  | 25,403
| Total | 42,273 |  | 25,403

5. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Taxation and social security | 15,428 |  | 23,857
| Other creditors | 3,001 |  | 3,001
| Total | 18,429 |  | 26,858

6. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Other creditors | 3,635 |  | -
| Total | 3,635 |  | -

| The company owes the director £3,634 at year end. This amount is included in other creditors, amounts falling due after more than one year. No interest was payable on the unsecured loan advance.

7. | Provisions for liabilities
--- | ---
| Stocks of musical instruments and accessories are held at the lower of cost and net realisable value.

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Net deferred tax liability (asset) | 2,661 |  | 3,682
| Total | 2,661 |  | 3,682

8. | Pension commitments
--- | ---
| The company does not operate a company pension scheme.

9. | Events after reporting date
--- | ---
| The company changed the Registered office address on 24 March 2025 to 35 Greenbank Avenue, Saltdean, Brighton BN2 8QS.

10. | Related party transactions
--- | ---
| The director licensed office space to the company during the year under a licence agreement. Rent of £4,347 (2024 £3,748) was paid to the director in the period. The company paid £4,500 (2024 £0) pension contributions to the Director's personal pension plan in the period. The company owes the director £3,634 at year end. This amount is included in other creditors, amounts falling due after more than one year. No interest was payable on the unsecured loan advance.