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Registration number: 05374108

Supplies Web Limited
Unaudited Financial Statements
for the Year Ended 31 August 2025

Supplies Web Limited

Contents

Statement of Financial Position | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 9

Supplies Web Limited

(Registration number: 05374108)
Statement of Financial Position as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 57,000 | 67,167
Tangible assets | 5 | 15,446 | 15,045
Other financial assets | 6 | 250 | 250
|  | 72,696 | 82,462
Current assets |  |  |
Stocks | 7 | 147,665 | 152,722
Debtors | 8 | 1,171,427 | 1,049,940
Cash at bank and in hand |  | 25,134 | 46,944
|  | 1,344,226 | 1,249,606
Creditors: Amounts falling due within one year | 9 | (1,068,124) | (992,654)
Net current assets |  | 276,102 | 256,952
Total assets less current liabilities |  | 348,798 | 339,414
Creditors: Amounts falling due after more than one year | 9 | (66,755) | (75,053)
Provisions for liabilities |  | (3,302) | (3,650)
Net assets |  | 278,741 | 260,711
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 278,641 | 260,611
Shareholders' funds |  | 278,741 | 260,711

Supplies Web Limited

(Registration number: 05374108)
Statement of Financial Position as at 31 August 2025

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 28 April 2026 and signed on its behalf by:

......................................... Mr G Barnes Director | ......................................... Mr P D Graves Director |

Supplies Web Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Marsh Works
Kings Road
High Wycombe
Buckinghamshire
HP11 1SA
England

These financial statements were authorised for issue by the Board on 28 April 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants in respect of capital expenditure are recognised on the Accruals model and are credited to the profit and loss account in full when the performance conditions are met.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income in which case the corresponding tax is also recognised in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Supplies Web Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 20% reducing balance
Fixtures and fittings | 33% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value. The Directors have reviewed the Goodwill amortisation and have concluded that there are sufficient benefits to write off goodwill over a useful life of 20 years.

Asset class | Amortisation method and rate
Goodwill | 5% Straight line

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method.
Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Supplies Web Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 22 (2024 - 23).

Supplies Web Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 September 2024 | 347,878 | 347,878
At 31 August 2025 | 347,878 | 347,878
Amortisation
At 1 September 2024 | 280,711 | 280,711
Amortisation charge | 10,167 | 10,167
At 31 August 2025 | 290,878 | 290,878
Carrying amount
At 31 August 2025 | 57,000 | 57,000
At 31 August 2024 | 67,167 | 67,167

5 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Total £
Cost or valuation
At 1 September 2024 | 59,359 | 4,200 | 63,559
Additions | 3,991 | - | 3,991
At 31 August 2025 | 63,350 | 4,200 | 67,550
Depreciation
At 1 September 2024 | 44,670 | 3,844 | 48,514
Charge for the year | 3,519 | 71 | 3,590
At 31 August 2025 | 48,189 | 3,915 | 52,104
Carrying amount
At 31 August 2025 | 15,161 | 285 | 15,446
At 31 August 2024 | 14,689 | 356 | 15,045

Supplies Web Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

6 | Investments

| Investments at cost less impairment £ | Total £
Investments
Cost or valuation
At 1 September 2024 | 250 | 250
At 31 August 2025 | 250 | 250
Carrying amount
At 31 August 2025 | 250 | 250

7 | Stocks

| 2025 £ | 2024 £
Other inventories | 147,665 | 152,722

8 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 563,585 | 510,109
Prepayments | 19,048 | 2,013
Other debtors | 588,794 | 537,818
| 1,171,427 | 1,049,940

9 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 51,912 | 66,131
Trade creditors |  | 527,497 | 566,052
Taxation and social security |  | 179,268 | 183,070
Accruals and deferred income |  | 12,610 | 41,419
Other creditors |  | 296,837 | 135,982
|  | 1,068,124 | 992,654

Creditors include bank loans and overdrafts which are secured of £51,912 (2024- £66,131).

Supplies Web Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Included within Other Creditors is £271,346 (2024 - £100,838) that are secured by way of a fixed and floating charge on the company.

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 66,755 | 75,053

Creditors include bank loans and overdrafts which are secured of £66,755 (2024- £75,053).

10 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Not later than one year | - | 22,500
Later than one year and not later than five years | 76,877 | 70,862
| 76,877 | 93,362

11 | Related party transactions

Transactions with directors

2025 | At 1 September 2024 £ | Advances to director £ | Repayments by director £ | At 31 August 2025 £
Mr P D Graves
Net advances during the year with no set repayment date and interest charged at the HMRC rate | 25,413 | 24,796 | (25,413) | 24,796
Mr G Barnes
Net advances during the year with no set repayment date and interest charged at the HMRC rate | - | 4,733 | - | 4,733

Supplies Web Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

2024 | At 1 September 2023 £ | Advances to director £ | Repayments by director £ | At 31 August 2024 £
Mr P D Graves
Net advances during the year with no set repayment date and interest charged at the HMRC rate | 24,932 | 25,144 | (24,663) | 25,413

Summary of transactions with parent

Supplies Web Group Limited (100% parent) Included within Other Debtors is £559,264 (2024: £512,404) owed by Supplies Web Group Limited. No interest has been charged on the balance. There is no set repayment date.

12 | Parent and ultimate parent undertaking

Supplies Web Group Limited owns 100% of the issued share capital of Supplies Web Limited.
The company's immediate parent is Supplies Web Group Limited, incorporated in England and Wales.