Company Registration No. 9174220 (England and Wales)
Veg Express Wholesale Ltd
Unaudited accounts
for the year ended 31 August 2025
Veg Express Wholesale Ltd
Unaudited accounts
Contents
Veg Express Wholesale Ltd
Company Information
for the year ended 31 August 2025
Directors
A Mahmood
W Younis
Company Number
9174220 (England and Wales)
Registered Office
Unit 25-27 The Hub
Nobel Way
Birmingham
B6 7EU
Accountants
Aspire Accountants Ltd
Radclyffe House
Suite D
66-68 Hagley Road
Birmingham
B16 8PF
Veg Express Wholesale Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
127,838
139,479
Investment property
150,000
150,000
Cash at bank and in hand
38,019
55,396
Creditors: amounts falling due within one year
(302,535)
(280,555)
Net current assets
252,226
200,885
Total assets less current liabilities
530,064
490,364
Creditors: amounts falling due after more than one year
(201,844)
(192,288)
Net assets
328,220
298,076
Called up share capital
2
2
Profit and loss account
328,218
298,074
Shareholders' funds
328,220
298,076
For the 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. 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 22 May 2026 and were signed on its behalf by
W Younis
Director
Company Registration No. 9174220
Veg Express Wholesale Ltd
Notes to the Accounts
for the year ended 31 August 2025
Veg Express Wholesale Ltd is a private company, limited by shares, registered in England and Wales, registration number 9174220. The registered office is Unit 25-27 The Hub, Nobel Way, Birmingham, B6 7EU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Depreciated over 11 years
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 September 2024
82,168
224,117
306,285
At 31 August 2025
82,168
240,699
322,867
At 1 September 2024
27,913
138,893
166,806
Charge for the year
7,527
20,696
28,223
At 31 August 2025
35,440
159,589
195,029
At 31 August 2025
46,728
81,110
127,838
At 31 August 2024
54,255
85,224
139,479
Fair value at 1 September 2024
150,000
Veg Express Wholesale Ltd
Notes to the Accounts
for the year ended 31 August 2025
Amounts falling due within one year
Trade debtors
211,518
100,352
Accrued income and prepayments
4,227
-
Other debtors
247,847
277,778
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
11,250
38,650
Obligations under finance leases and hire purchase contracts
5,092
9,779
Trade creditors
195,085
149,036
Taxes and social security
27,757
31,212
Other creditors
20,627
7,064
Loans from directors
38,124
35,994
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
201,844
192,288
9
Operating lease commitments
2025
2024
At 31 August 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than five years
80,636
80,636
At the year end a balance of £38,124 (2024: £35,994) was owed to the directors, Mr W Younis and Mr A Mahmood.
11
Average number of employees
During the year the average number of employees was 22 (2024: 16).