Dalesman International Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 1487575

Dalesman International Limited

Filleted Financial Statements

28 February 2026

Dalesman International Limited

Financial Statements

Year ended 28 February 2026

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	3

Dalesman International Limited

Officers and Professional Advisers

The board of directors	Mr J Murray
	Mrs D Murray
	Mr D Evans

Registered office	Marathon Place
	Moss Side Industrial Estate
	Leyland
	PR26 7QN

Auditor	Riverside Accountancy Lancaster Limited
	Chartered accountants & statutory auditor
	Suite 2, 2 Mannin Way
	Lancaster Business Park
	Caton Road
	Lancaster
	LA1 3SU

Bankers	Virgin Money
	44 Fishergate
	Preston
	PR1 8BH

Dalesman International Limited

Statement of Financial Position

28 February 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	31,717	46,112

Current assets

Stocks		1,364,284	1,081,801
Debtors	6	387,161	434,525
Cash at bank and in hand		589,347	564,207
		------------	------------
		2,340,792	2,080,533

Creditors: amounts falling due within one year	7	854,749	444,417
		------------	------------
Net current assets		1,486,043	1,636,116
		------------	------------
Total assets less current liabilities		1,517,760	1,682,228

Provisions	( 116,650)	( 104,592)
	------------	------------
Net assets	1,634,410	1,786,820
	------------	------------

Capital and reserves

Called up share capital	9	222,222	222,222
Profit and loss account		1,412,188	1,564,598
		------------	------------
Shareholders funds		1,634,410	1,786,820
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 12 June 2026 , and are signed on behalf of the board by:

Mr J Murray

Director

Company registration number: 1487575

Dalesman International Limited

Notes to the Financial Statements

Year ended 28 February 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Marathon Place, Moss Side Industrial Estate, Leyland, PR26 7QN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. The financial statements are rounded to the nearest £1.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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 is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Long leasehold property	-	25% straight line
Fixtures and fittings	-	25% straight line
Motor vehicles	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 12 (2025: 12 ).

5. Tangible assets

	Long leasehold property	Fixtures and fittings	Total
	£	£	£
Cost
At 1 March 2025	8,691	133,848	142,539
Additions	4,252	–	4,252
	--------	---------	---------
At 28 February 2026	12,943	133,848	146,791
	--------	---------	---------
Depreciation
At 1 March 2025	8,691	87,736	96,427
Charge for the year	366	18,281	18,647
	--------	---------	---------
At 28 February 2026	9,057	106,017	115,074
	--------	---------	---------
Carrying amount
At 28 February 2026	3,886	27,831	31,717
	--------	---------	---------
At 28 February 2025	–	46,112	46,112
	--------	---------	---------

6. Debtors

	2026	2025
	£	£
Trade debtors	326,150	343,244
Other debtors	61,011	91,281
	---------	---------
	387,161	434,525
	---------	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	809,403	306,540
Social security and other taxes	31,846	14,368
Other creditors	13,500	123,509
	---------	---------
	854,749	444,417
	---------	---------

8. Prior period errors

During the accounts preparation for 2026, it was found dividends in 2025 were incorrectly reported. A prior year adjustment has been posted reducing dividends by £3,750 and increasing reserves.

9. Called up share capital

Authorised share capital

	2026		2025
	No.	£	No.	£
Ordinary A Shares shares of £ 1 each	113,333	113,333	113,333	113,333
Ordinary B Shares shares of £ 1 each	22,222	22,222	22,222	22,222
Ordinary C Shares shares of £ 1 each	86,667	86,667	86,667	86,667
	---------	---------	---------	---------
	222,222	222,222	222,222	222,222
	---------	---------	---------	---------

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary A Shares shares of £ 1 each	113,333	113,333	113,333	113,333
Ordinary B Shares shares of £ 1 each	22,222	22,222	22,222	22,222
Ordinary C Shares shares of £ 1 each	86,667	86,667	86,667	86,667
	---------	---------	---------	---------
	222,222	222,222	222,222	222,222
	---------	---------	---------	---------

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2026	2025
	£	£
Not later than 1 year	69,042	64,986
Later than 1 year and not later than 5 years	37,504	50,399
	---------	---------
	106,546	115,385
	---------	---------

11. Summary audit opinion

The auditor's report dated 15 June 2026 was unqualified .

The senior statutory auditor was Penelope Bowden ACA , for and on behalf of Riverside Accountancy Lancaster Limited .

12. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2026
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr J Murray	3,750	9,000	( 7,500)	5,250
Mrs D Murray	–	–	( 3,750)	( 3,750)
Mr D Evans	8,680	–	( 9,930)	( 1,250)
	--------	-------	--------	-------
	12,430	9,000	( 21,180)	250
	--------	-------	--------	-------

	2025
	Balance brought forward	Advances/ (credits) to the directors	Amounts repaid	Balance outstanding
	£	£	£	£
Mr J Murray	6,907	–	( 3,157)	3,750
Mrs D Murray	–	–	–	–
Mr D Evans	( 18)	8,698	–	8,680
	-------	-------	-------	--------
	6,889	8,698	( 3,157)	12,430
	-------	-------	-------	--------

13. Related party transactions

During the year the company was charged £48,000 (2025 - £48,000) from a connected party for management fees, the amount outstanding at the year end was £9,600, (2025 - £9,600).

14. Controlling party

The company is controlled by its directors.