Direct Charcoal Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04911101

Direct Charcoal Limited

Filleted Unaudited Financial Statements

30 September 2025

Direct Charcoal Limited

Financial Statements

Year ended 30 September 2025

Contents	Page

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

Direct Charcoal Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Direct Charcoal Limited

Year ended 30 September 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Direct Charcoal Limited for the year ended 30 September 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Direct Charcoal Limited, as a body, in accordance with the terms of our engagement letter dated 11 June 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Direct Charcoal Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Direct Charcoal Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Direct Charcoal Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Direct Charcoal Limited. You consider that Direct Charcoal Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Direct Charcoal Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HEBBLETHWAITES Chartered Accountants

2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ

23 June 2026

Direct Charcoal Limited

Statement of Financial Position

30 September 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	36,319	44,348
Investments	6	157,143	157,143
		---------	---------
		193,462	201,491

Current assets

Stocks		1,918,963	2,586,431
Debtors	7	503,589	424,219
Cash at bank and in hand		2,083,656	1,483,306
		------------	------------
		4,506,208	4,493,956

Creditors: amounts falling due within one year	8	347,950	281,575
		------------	------------
Net current assets		4,158,258	4,212,381
		------------	------------
Total assets less current liabilities		4,351,720	4,413,872

Provisions

Taxation including deferred tax	8,830	11,087
	------------	------------
Net assets	4,342,890	4,402,785
	------------	------------

Direct Charcoal Limited

Statement of Financial Position (continued)

30 September 2025

	2025	2024
Note	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	4,342,790	4,402,685
	------------	------------
Shareholders funds	4,342,890	4,402,785
	------------	------------

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 income and retained earnings has not been delivered.

For the year ending 30 September 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act 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 21 June 2026 , and are signed on behalf of the board by:

Mr P B Tann	Mrs H J Tann
Director	Director

Company registration number: 04911101

Direct Charcoal Limited

Notes to the Financial Statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Vincent Works, Brough, Bradwell, Hope Valley, Derbyshire, S33 9HG.

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.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of management, there are no areas of judgement or key sources of estimation uncertainty that have a significant effect on the financial statements, other than those highlighted below.

Revenue recognition

The turnover show in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax. There were no export sales during the year.

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.

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:

Plant and Machinery	-	20% straight line
Fixtures and Fittings	-	20% straight line
Motor Vehicles	-	25% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

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.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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 16 (2024: 16 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 October 2024	255,476	10,668	32,250	298,394
Additions	4,724	–	–	4,724
Disposals	( 1,000)	–	–	( 1,000)
	---------	--------	--------	---------
At 30 September 2025	259,200	10,668	32,250	302,118
	---------	--------	--------	---------
Depreciation
At 1 October 2024	215,965	10,668	27,413	254,046
Charge for the year	7,916	–	4,837	12,753
Disposals	( 1,000)	–	–	( 1,000)
	---------	--------	--------	---------
At 30 September 2025	222,881	10,668	32,250	265,799
	---------	--------	--------	---------
Carrying amount
At 30 September 2025	36,319	–	–	36,319
	---------	--------	--------	---------
At 30 September 2024	39,511	–	4,837	44,348
	---------	--------	--------	---------

6. Investments

	Other investments other than loans
	£
Cost
At 1 October 2024 and 30 September 2025	157,143
	---------
Impairment
At 1 October 2024 and 30 September 2025	–
	---------

Carrying amount
At 30 September 2025	157,143
	---------
At 30 September 2024	157,143
	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	433,313	347,460
Other debtors	70,276	76,759
	---------	---------
	503,589	424,219
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	175,104	82,052
Corporation tax	32,037	73,854
Social security and other taxes	56,003	9,032
Other creditors	84,806	116,637
	---------	---------
	347,950	281,575
	---------	---------