Directfirm Limited

Registered number

03092512

Directfirm Limited

Report and Financial Statements

31 August 2025

Directfirm Limited
Report and accounts
Contents




Page

Company information	1
Directors' report	2-3
Strategic report	4
Independent auditor's report	5-7
Consolidated Income Statement	8
Income statement	9
Statement of comprehensive income	10
Consolidated Statement of financial position	11
Statement of financial position	12
Statement of changes in equity	13
Statement of cash flows	14
Notes to the financial statements	15-23

Directfirm Limited

Company Information

Directors

N Kumar

Auditors

R Vora & Co Limited

6 Carlton Road

Romford

Essex

RM25AA

Bankers

National Westminster Bank

Peterborough Branch

Cathedral Square

Peterborough

PE1 1XH

Registered office

6 Carlton Road

Romford

Essex

RM2 5AA

Registered number

03092512

Directfirm Limited
Registered number:		03092512
Directors' Report

The directors present their report and financial statements for the year ended 31 August 2025.

Principal activities
The company's principal activity during the year continued to be that of operating petrol stations.

Future developments
The Company has recently completed the development at the Little Hampton site. The Company has submitted planning permission for the redevelopment of a second site at Boongate.

Performance FY25
The company has returned to profitability compared with the previous year, following the successful redevelopment and reopening of its second petrol filling station. With the second station operating for the full financial year, revenue increased significantly year on year, leading to an overall improvement in profitability for the period.

Dividends
The directors recommend a final dividend of £74,451 (£141,067- FY24) for the year ended 31 August 2025. This was paid up in the year ended 31 August 2025.

		FY25 £	FY24 £
	Dividend per share	744.51	1,410.67

Events since the balance sheet date
The Company has submitted planning permission to the local council for the redevelopment of another petrol filing station, the company is optimistic that a similar redevelopment of their petrol filling station will return positive results again.

Directors
The following persons served as directors during the year:

	N Kumar

Directors' responsibilities

The directors are responsible for preparing the report and 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 (Financial Reporting Standard 102 and applicable law). 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 estimates that are reasonable and prudent;
●	state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
●	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.


Disclosure of information to auditors

Each person who was a director at the time this report was approved confirms that:
●	so far as he is aware, there is no relevant audit information of which the company's auditor is unaware; and
●	he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information.



This report was approved by the board on 10 March 2026 and signed on its behalf.



N Kumar
Director

Directfirm Limited
Strategic Report


The Directors present their Strategic report on the Company for the year ended 31 August 2025. This report should be read in conjunction with the Directors' report on pages 2 to 3.

Overview: The company is incorporated in the United Kingdom of Great Britain and Northern Ireland (UK) and conducts its operations of operating petrol filling stations and retailing consumable products.

Principal Activities: The principal activity of the company is that of operating petrol filling stations which make up the majority of the sales of the company.
	FY25	FY24	Movement		% change
Review of the business performance and position: Figures presented in this report are not consolidated, they represent performance and position of the parent company only.
EBITDA (earnings before interest, tax, depreciation and amortisation)	272,515	53,667		218,848	407.79%
Gross profit margin	8.27%	8.99%		0	0%
Net Assets	8,519,885	6,148,684		2,371,201	38.56%
Cash and cash equivalents	828,521	404,168		424,353	104.99%
Turnover	13,014,647	8,332,707		4,681,940	56.19%


Gross profit margin has dropped, however the company has seen a marked increase in sales volume in the year represented by the 56% growth in turnover. EBITDA has increased fundamentally because of higher turnover from the second petrol filling station being re-opened.


Strategy: The company prices the fuel and its other products on a competitive basis in order to maximise revenue.

Sustainability and environmental impact: The Company remains committed to operating in ways which benefit the local and wider stakeholders including implementing greener technologies. This can be evidenced by the recent implementation of solar panels powering the redeveloped site, EV chargers and applications made for the same installation at the company's other site.

Risks and Uncertainties: The company is aware of relevant risks and uncertainties such as that of theft and drive-offs and has established appropriate policies and procedures in place to mitigate them to an acceptably low level.

Land and Buildings Revaluation: The land and buildings have been revalued upwards after the review of performance of the Little Hampton site opened September 2024. The volumes that were forecast in the Report by Avison Young (RICS) have now been reached and therefore the valuation has been revalued in line with those forecast. A formal valuation will be carried out by a RICS registered surveyor to confirm the values at the next balance sheet date.

This report was approved by the board on 10 March 2026 and signed on its behalf.




N Kumar
Director

Directfirm Limited
Independent auditor's report
to the members of Directfirm Limited

Opinion

We have audited the financial statements of Directfirm Limited (the 'company') for the year ended 31 August 2025 which comprise the Income Statement, the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity, the Statement of Cash Flows and notes to the financial statements, including 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 the 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 31 August 2025 and of its profit for the year then ended;
●	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
●	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 Auditor’s 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.

Emphasis of Matter - Land & Buildings Valuation
We draw attention to note 8 to the financial statements and the Company's strategic report which describes the basis of the valuation of land and buildings. Our opinion is not modified in respect of this matter.

Other information
The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. The directors are responsible for the other information contained within the annual report. 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. 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 course of 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 strategic report and the directors’ report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
●	the strategic report and the directors’ report have 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 strategic report or the directors’ report.
We have nothing to report in respect of the following matters in relation to which 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.

Responsibilities of directors
As explained more fully in the directors’ responsibilities statement, 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 is 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.

Auditor’s 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 an auditor’s report 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.
Our audit is considered capable of detecting irregularities, including fraud by; - Considering and obtaining evidence that the entity has complied with known, relevant laws and regulations. - Developing an understanding of the legal and regulatory framework in which the entity operates. - Collecting evidence that the entity has complied with relevant regulatory framework. - Assessing how the entity's financial statements may be susceptible to material fraud and factoring this into our audit approach. - Developing an overall collective knowledge within the audit team of how instances of non-compliance with relevant laws and regulations can arise and how this can be identified. - Investigating with informed management how they have developed controls to ensure fraud or irregularities are avoided and/or detected.
A further description of our responsibilities for the audit of the financial statements is available on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.


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 an auditor's report 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.



Rajendra Vora
(Senior Statutory Auditor)		6 Carlton Road
for and on behalf of
R Vora & Co Limited		Romford
Statutory Auditor		Essex
20 March 2026		RM25AA

Directfirm Limited
Consolidated Income Statement
for the year ended 31 August 2025


Notes		2025		2024
£			£

Turnover	2	13,057,050		8,366,886

Cost of sales		(11,938,395)		(7,583,554)

Gross profit		1,118,655		783,332

Administrative expenses		(1,027,860)		(874,423)
Other operating income		96,902		55,373

Operating profit/(loss)	3	187,697		(35,718)

Interest receivable		13,576		13,345
Interest payable	6	(141,323)		(56,465)

Profit/(loss) on ordinary activities before taxation		59,950		(78,838)

Tax on profit/(loss) on ordinary activities	7	(10,794)		(9,908)

Profit/(loss) for the financial year		49,156		(88,746)

Directfirm Limited
Income Statement
for the year ended 31 August 2025


Notes		2025		2024
£			£

Turnover	2	13,014,647		8,332,707

Cost of sales		(11,938,395)		(7,583,554)

Gross profit		1,076,252		749,153

Administrative expenses		(1,020,106)		(865,191)
Other operating income		96,902		55,373

Operating profit/(loss)	3	153,048		(60,665)

Interest receivable		13,576		13,345
Interest payable	6	(113,184)		(23,823)

Profit/(loss) on ordinary activities before taxation		53,440		(71,143)

Tax on profit/(loss) on ordinary activities	7	(13,360)		(9,908)

Profit/(loss) for the financial year		40,080		(81,051)

Directfirm Limited
Statement of Comprehensive Income
for the year ended 31 August 2025


Notes		2025		2024
£			£

Profit/(loss) for the financial year		40,080		(81,051)

Other comprehensive income
Gain on revaluation of land and buildings	8	2,405,572		-

Total comprehensive income for the year		2,445,652		(81,051)

Directfirm Limited
Consolidated Statement of Financial Position
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	8		10,497,165			8,043,417
Investments	9		-			-
			10,497,165			8,043,417

Current assets
Stocks	10	204,109			285,571
Debtors	11	79,189			395,888
Cash at bank and in hand		879,928			353,613
		1,163,226			1,035,072

Creditors: amounts falling due within one year	12	(1,184,743)			(797,837)

Net current (liabilities)/assets			(21,517)			237,235

Total assets less current liabilities			10,475,648			8,280,652

Creditors: amounts falling due after more than one year	13		(1,811,880)			(2,007,953)

Provisions for liabilities
Deferred taxation	15		(142,447)			(131,653)

Net assets			8,521,321			6,141,046

Capital and reserves
Called up share capital	16		100			100
Other reserves	17		7,543,603			5,138,031
Profit and loss account	18		977,618			1,002,915

Total equity			8,521,321			6,141,046




N Kumar
Director
Approved by the board on 10 March 2026

Directfirm Limited
Statement of Financial Position
as at 31 August 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	8		10,047,165			7,593,417
Investments	9		100			100
			10,047,265			7,593,517

Current assets
Stocks	10	204,109			285,571
Debtors	11	79,189			220,911
Cash at bank and in hand		828,521			404,168
		1,111,819			910,650

Creditors: amounts falling due within one year	12	(1,171,720)			(778,286)

Net current (liabilities)/assets			(59,901)			132,364

Total assets less current liabilities			9,987,364			7,725,881

Creditors: amounts falling due after more than one year	13		(1,322,466)			(1,445,544)

Provisions for liabilities
Deferred taxation	15		(145,013)			(131,653)

Net assets			8,519,885			6,148,684

Capital and reserves
Called up share capital	16		100			100
Other reserves	17		7,371,757			4,966,185
Profit and loss account	18		1,148,028			1,182,399

Total equity			8,519,885			6,148,684




N Kumar
Director
Approved by the board on 10 March 2026

Directfirm Limited
Statement of Changes in Equity
for the year ended 31 August 2025

Share		Share		Other		Profit		Total
capital		premium		reserves		and loss
account
£		£		£		£		£

At 1 September 2023	100		-		4,966,185		1,404,517		6,370,802

Loss for the financial year	-		-		-		(81,051)		(81,051)

Dividends	-		-		-		(141,067)		(141,067)

At 31 August 2024	100		-		4,966,185		1,182,399		6,148,684



At 1 September 2024	100		-		4,966,185		1,182,399		6,148,684

Profit for the financial year	-		-		-		40,080		40,080

Gain on revaluation of land and buildings	-		-		2,405,572		-		2,405,572
Other comprehensive income for the financial year	-		-		2,405,572		-		2,405,572
Total comprehensive income for the financial year	-		-		2,405,572		40,080		2,445,652

Dividends	-		-		-		(74,451)		(74,451)

At 31 August 2025	100		-		7,371,757		1,148,028		8,519,885

Directfirm Limited
Statement of Cash Flows
for the year ended 31 August 2025

Notes	2025		2024
£		£
Operating activities
Profit/(loss) for the financial year	40,080		(81,051)

Adjustments for:
Interest receivable	(13,576)		(13,345)
Interest payable	113,184		23,823
Tax on profit/(loss) on ordinary activities	13,360		9,908
Depreciation	119,467		114,332
Decrease/(increase) in stocks	81,462		(14,570)
Decrease/(increase) in debtors	141,722		(240,100)
Increase in creditors	356,123		277,439
	851,822		76,436

Interest received	13,576		13,345
Interest paid	(113,184)		(23,823)

Cash generated by operating activities	752,214		65,958

Investing activities
Payments to acquire tangible fixed assets	(167,644)		(1,531,392)

Cash used in investing activities	(167,644)		(1,531,392)

Financing activities
Equity dividends paid	(74,451)		(141,068)
(Repayment)/drawdown of loans	(85,766)		1,283,329

Cash (used in)/generated by financing activities	(160,217)		1,142,261

Net cash generated/(used)
Cash generated by operating activities	752,214		65,958
Cash used in investing activities	(167,644)		(1,531,392)
Cash (used in)/generated by financing activities	(160,217)		1,142,261

Net cash generated/(used)	424,353		(323,172)

Cash and cash equivalents at 1 September	404,168		727,340
Cash and cash equivalents at 31 August	828,521		404,168

Cash and cash equivalents comprise:
Cash at bank	828,521		404,168

Directfirm Limited
Notes to the Accounts
for the year ended 31 August 2025

1	Summary of significant accounting policies

	Basis of preparation
	The financial statements 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.

	Going concern
	After reviewing the company’s expectations and future trading conditions, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover
	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. 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.

	Tangible fixed assets

	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			Revalued basis
	Fixtures, fittings, tools and equipment			10% reducing balance


	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Grants
	Grants are recognised in the profit or loss, receivable in line with the expenditure with which they relate.


Group
2	Analysis of turnover			2025		2025		2024
£					£		£

	Sale of goods			13,057,050		13,014,647		8,332,707

	By geographical market:

	UK			13,057,050		13,014,647		8,332,707

Group
3	Operating profit			2025		2025		2024
£					£		£
	This is stated after charging:

	Depreciation of owned fixed assets			119,467		119,467		114,332
	Auditors' remuneration for audit services			12,500		12,500		12,000
	Key management personnel compensation (including directors' emoluments)			13,261		13,261		13,488
	Carrying amount of stock sold			11,932,635		11,932,635		7,583,554

Group
				2025
4	Directors' emoluments			£		2025		2024
£							£

	Emoluments			13,067		13,067		13,300
	Company contributions to defined contribution pension plans			194		194		188
				13,261		13,261		13,488

Group
5	Staff costs			2025		2025		2024
£					£		£

	Wages and salaries			525,283		525,283		414,067
	Social security costs			34,403		34,403		25,039
	Other pension costs			8,367		8,367		6,374
				568,053		568,053		445,480

Group
	Average number of employees during the year			2025	Number		Number

	Administration			27		27		21
				27		27		21

Group
6	Interest payable			2025		2025		2024
£					£		£

	Bank loans and overdrafts			119,066		111,386		22,568
	Other loans			25,754		1,798		1,255
				144,820		113,184		23,823

Group
7	Taxation			2025		2025		2024
£					£		£
	Analysis of charge in period
	Current tax:
	Adjustments in respect of previous periods			-		-		(69,912)

	Deferred tax:
	Origination and reversal of timing differences			13,360		13,360		79,820


	Tax on profit on ordinary activities			13,360		13,360		9,908


	Factors affecting tax charge for period
	The differences between the tax assessed for the period and the standard rate of corporation tax are explained as follows:
Group
				2025		2025		2024
£					£		£
	Profit/(loss) on ordinary activities before tax			53,440		53,440		(71,143)

	Standard rate of corporation tax in the UK			25%		25%		25%


£					£		£
	Profit on ordinary activities multiplied by the standard rate of corporation tax			13,360		13,360		-

	Effects of:
	Expenses not deductible for tax purposes			(973)		(973)		-
	Capital allowances for period in excess of depreciation			(12,387)		(12,387)		756,189
	Utilisation of tax losses			-		-		(324,949)
	Tax losses carried forward			-		-		(501,152)

	Current tax charge for period			-		-		(69,912)


8	Tangible fixed assets
				Land and buildings		Fixtures, fittings, tools and equipment		Total
				At valuation		At cost
£					£		£
	Cost or valuation
	At 1 September 2024			6,564,429		1,537,362		8,101,791
	Additions			-		167,644		167,644
	Revaluation			2,405,571		-		2,405,571
	At 31 August 2025			8,970,000		1,705,006		10,675,006

	Depreciation
	At 1 September 2024			-		508,374		508,374
	Charge for the year			-		119,467		119,467
	At 31 August 2025			-		627,841		627,841

	Carrying amount
	At 31 August 2025			8,970,000		1,077,165		10,047,165
	At 31 August 2024			6,564,429		1,028,988		7,593,417

	The land and buildings at Boongate and Little Hampton were valued at £8.97m by Avison Young (RICS), contingent upon successful completion of the redevelopment of the Little Hampton site. The site was operational from 1st August 2024 and hence an uplift in the values in the Balance Sheet has been made. A subsequent revaluation will be performed next year prior to the commencement of the redevelopment at the Boongate service station.

				Group Land and buildings		Group Fixtures, fittings, tools and equipment		Group Total
				At valuation		At cost
£					£		£
	Cost or valuation
	At 1 September 2024			7,014,429		1,537,362		8,551,791
	Additions			-		167,644		167,644
	Revaluation			2,405,571		-		2,405,571
	Transfers from investment property			-		-		-
	Disposals			-		-		-
	At 31 August 2025			9,420,000		1,705,006		11,125,006

	Depreciation
	At 1 September 2024			-		508,374		508,374
	Charge for the year			-		119,467		119,467
	Revaluation			-		-		-
	Transfers from investment property			-		-		-
	On disposals			-		-		-
	At 31 August 2025			-		627,841		627,841

	Carrying amount
	At 31 August 2025			9,420,000		1,077,165		10,497,165
	At 31 August 2024			7,014,429		1,028,988		8,043,417


9	Investments

Other
investments
£
	Cost
	At 1 September 2024							100

	At 31 August 2025							100

Group
Total
£
	Cost
	At 1 September 2024							-
	Additions							-
	Revaluation							-
	Disposals							-

	At 31 August 2025							-
	The company holds 100% of the share capital of the following companies:

Capital and							Profit (loss)
	Company	Shares held				reserves	for the year
		Class		%	£		£
	Westmoreland Management Company Limited	Ordinary		100		1,537		9,075

Group
10	Stocks			2025		2025		2024
£					£		£

	Finished goods and goods for resale			204,109		204,109		285,571

Group
11	Debtors			2025		2025		2024
£					£		£

	Other taxes and social security costs			-		-		168,693
	Other debtors			39,119		39,119		25,400
	Prepayments and accrued income			40,070		40,070		26,818
				79,189		79,189		220,911


Group
12	Creditors: amounts falling due within one year			2025		2025		2024
£					£		£

	Bank loans			140,418		119,417		66,352
	Trade creditors			598,479		598,479		471,946
	Other taxes and social security costs			74,875		74,875		-
	Other creditors			48,744		56,722		56,828
	Accruals and deferred income			322,227		322,227		183,160
				1,184,743		1,171,720		778,286

Group
13	Creditors: amounts falling due after one year			2025		2025		2024
£					£		£

	Bank loans			1,775,640		1,286,226		1,425,057
	Other creditors			36,240		36,240		20,487
				1,811,880		1,322,466		1,445,544

Group
14	Loans			2025		2025		2024
£					£		£
	Loans not wholly repayable within five years:
	NatWest Business Loan - Repayment amount of £11,833.52 per month, annual interest rate of 6.25%. Loan period of 15 years, repayments started 09/05/2025.			1,297,870		1,297,870		1,307,952

	Analysis of maturity of debt:
	Within one year or on demand			62,721		62,721		13,086
	Between one and two years			66,753		66,753		55,299
	Between two and five years			226,899		226,899		194,001
	After five years			941,497		941,497		1,045,566
				1,297,870		1,297,870		1,307,952

	The bank loans are secured on the Company assets.

Group
15	Deferred taxation			2025		2025		2024
£					£		£

	Accelerated capital allowances			145,013		145,013		131,653

Group
				2025		2025		2024
£					£		£

	At 1 September 2024			131,653		131,653		51,833
	Charged to the profit and loss account			10,794		13,360		79,820

	At 31 August 2025			142,447		145,013		131,653



16	Share capital	Nominal		2025		2025		2024
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100

Group
17	Other reserves			2025		2025		2024
	Revaluation reserve			£	£		£

	At 1 September 2024			5,138,031		4,966,185		4,966,185
	Gain on revaluation of land and buildings			2,405,572		2,405,572		-

	At 31 August 2025			7,543,603		7,371,757		4,966,185

Group
18	Profit and loss account			2025		2025		2024
£					£		£

	At 1 September 2024			1,002,914		1,182,399		1,404,517
	Profit/(loss) for the financial year			49,156		40,080		(81,051)
	Dividends			(74,451)		(74,451)		(141,067)

	At 31 August 2025			977,619		1,148,028		1,182,399

Group
19	Dividends			2025		2025		2024
£					£		£

	Dividends on ordinary shares (note 18)			74,451		74,451		141,067


20	Related party transactions

	The Company has a balance owed to a related party by way of common control. This balance is owed by the Company to its subsidiary Westmoreland Management Company Limited and arises as a result of funds borrowed and repaid, interest-free. The amount owed to the subsidiry from the company as at 31 August 2025 was £38,412 (2024: £41,343).


21	Controlling party

	Mr N Kumar is the controlling party owning 100% of the shares in the business

22	Presentation currency

	The financial statements are presented in Sterling.


23	Legal form of entity and country of incorporation

	Directfirm Limited is a private company limited by shares and incorporated in England.

24	Principal place of business

	The address of the company's principal place of business is:

	Boongate Service Station
	St. Johns Street
	Peterborough
	PE1 5DD

	and;

	BP Littlehampton
	23-25 London Rd
	Yaxley
	Peterborough
	PE7 3NQ

	The address of the company's registered office is:

	6 Carlton Road
	Romford
	Essex
	RM2 5AA