T W Wholesale Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 02522049

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		39,686		52,915
Tangible Assets	5		28,145		33,450
Investments	6		1,300		1,300

			69,131		87,665
CURRENT ASSETS
Stocks	7	171,837		229,388
Debtors	8	68,899		116,201
Cash at bank and in hand		81,841		105,867

		322,577		451,456
Creditors: Amounts Falling Due Within One Year	9	(350,084 )		(478,021 )

NET CURRENT ASSETS (LIABILITIES)			(27,507 )		(26,565 )

TOTAL ASSETS LESS CURRENT LIABILITIES			41,624		61,100

NET ASSETS			41,624		61,100

CAPITAL AND RESERVES
Called up share capital	10		1,000		1,000
Profit and Loss Account			40,624		60,100

SHAREHOLDERS' FUNDS			41,624		61,100

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T W Wholesale Limited

Balance Sheet (continued)

As At 31 December 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Eban Watton

Director

04/06/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

T W Wholesale Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02522049 . The registered office is Unit 11 Ryder Close, Cadley Hill Industrial Estate, Swadlincote, Derbyshire, DE11 9EU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are website development costs. These are amortised to the profit and loss account over its estimated economic life of 5 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% straight line
Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Computer Equipment	20% straight line

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2024: 16)

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T W Wholesale Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 January 2025	43,200	66,144	109,344

As at 31 December 2025	43,200	66,144	109,344

Amortisation
As at 1 January 2025	43,200	13,229	56,429
Provided during the period	-	13,229	13,229

As at 31 December 2025	43,200	26,458	69,658

Net Book Value
As at 31 December 2025	-	39,686	39,686

As at 1 January 2025	-	52,915	52,915

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2025	65,060	175,038	3,800	144,969	388,867
Additions	-	1,737	-	3,598	5,335

As at 31 December 2025	65,060	176,775	3,800	148,567	394,202

Depreciation
As at 1 January 2025	49,849	158,255	3,800	143,513	355,417
Provided during the period	5,270	4,341	-	1,029	10,640

As at 31 December 2025	55,119	162,596	3,800	144,542	366,057

Net Book Value
As at 31 December 2025	9,941	14,179	-	4,025	28,145

As at 1 January 2025	15,211	16,783	-	1,456	33,450

6. Investments

	Unlisted
	£
Cost or Valuation
As at 1 January 2025	1,300

As at 31 December 2025	1,300

Provision
As at 1 January 2025	-

As at 31 December 2025	-

...CONTINUED

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T W Wholesale Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Net Book Value
As at 31 December 2025	1,300

As at 1 January 2025	1,300

7. Stocks

	2025	2024
	£	£
Finished goods	171,837	229,388

8. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	51,304	79,301
Prepayments and accrued income	17,595	27,486
Directors' loan accounts	-	9,414

	68,899	116,201

9. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	314,365	340,185
Bank loans and overdrafts	8,058	11,745
Other taxes and social security	5,073	6,327
VAT	19,687	72,959
Accruals and deferred income	394	486
Directors' loan accounts	2,507	46,319

	350,084	478,021

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2025
	£	£	£	£	£
Mr Eban Watton	3,131	-	3,131	-	-
Mr Richard Watton	6,284	-	6,284	-	-

The above loans are unsecured, interest free and repayable on demand.

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