Ceramica Impex Limited

	Page
Strategic Report	1—2
Director's Report	3—4
Independent Auditor's Report	5—8
Profit and Loss Account	9
Statement of Comprehensive Income	10
Balance Sheet	11
Statement of Changes in Equity	12
Statement of Cash Flows	13
Notes to the Statement of Cash Flows	14
Notes to the Financial Statements	15—21

The director presents his strategic report for the year ended 30 September 2025.

Principal Activity

Ceramica Impex is one of the UK's largest importers and distributors of ceramic, porcelain, glass and natural stone tiles, selling to the whole of the UK. For over 40 years, we've supplied diverse, exclusive and on-trend collections from our factories in Turkey, Spain, Italy, China, India and the Czech Republic at every price point.

Proud to be independent, we have built a reputation for offering the best tiles, the best deals and the best service in the industry. We are at the forefront of the market supplying some of the UK's largest tile retailers, DIY chains, wholesalers and distributors. Our state-of-the-art computerised 50,000 square feet warehouse enables us to provide a broad range of services such as pick and pack on special items, whilst holding more extensive stocks of key lines to meet ever-increasing customer needs.

Review of the Business

The results of the Company for the year are set out in the Profit and Loss Account on page 10. We are pleased to report another excellent year. Turnover has grown by 18.3% and the gross margin is up by 5.8%.

We have a longstanding policy of reinvesting the majority of the profits back into the business to further strengthen the financial position of the company, providing additional working capital to grow revenues and profit, and to fund capital acquisitions.

Principal Risks and Uncertainties

The process of risk acceptance and risk management is addressed through a framework of policies, procedures and internal controls. All policies are subject to Board approval and ongoing review by management.

The risk of new entrants entering our market could potentially lead to reduced sales and profitability. We are well placed to mitigate this risk having the successful global brand of the Kale Group behind us, which gives us a strength advantage over our competitors.

The risk of the economy deteriorating and impacting on consumer confidence. This risk is mitigated by our strong financial position, which enables us to effectively operate as stockholder for the retailer. The retailer can draw stock down as and when required, which reduces their working capital and funding requirements.

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Ceramica Impex Limited

Strategic Report (continued)

For The Year Ended 30 September 2025

Future Developments

We continue to see a shift in the marketplace from bulk buying to smaller, more frequent, orders. We believe that this is the way the market is moving, and that this will be the future of the ceramics market within the UK, as our customers look to control their stock levels more rigorously due to the restraint on funding. With the extensive capacity we have in our modern warehouse facility, this enables us to take full advantage of this development in customer buying strategy. The warehouse has state of the art computerised bay racking, enabling us to offer the service of part pallet, pick and pack and room lot whilst a large bulk area gives us the capacity to hold greater volumes of the fast sellers.

We continue to work with our customers to increase our presence in their stores by providing them with a range of promotional display stands. We see this as an effective way to develop the market for our wide range of products and increase sales revenues.

As part of our drive to keep moving the business forward, we are currently developing an eCommerce platform which integrates with our existing systems to provide customers with a feature-rich, higher personalised experience.

Key Performance Indicators

The Board considers that our key performance indicators are those that communicate the financial performance and strength of the company, these being turnover, gross margin, profit before tax and shareholders’ funds. These indicators are shown in the Profit and Loss Account on page 10 and the Balance Sheet on page 12.

On behalf of the board

Mr H L Namli

Director

24/06/2026

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Ceramica Impex Limited

Company No. 01479217

Director's Report For The Year Ended 30 September 2025

Director's Report

The director presents his report and the financial statements for the year ended 30 September 2025.

Dividends

The value of dividends paid amounted to £925,000 .

The director recommended a final dividend of £NIL .

Directors

The director who held office during the year were as follows:

Mr H L Namli

Matters covered in the Strategic Report

Disclosures required under s416(4) of the Companies Act 2006 are commented upon in the Strategic Report as the director consider them to be of strategic importance to the business.

Statement of Director's Responsibilities

The director is responsible for preparing the Strategic Report, the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

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Ceramica Impex Limited

Director's Report (continued)

For The Year Ended 30 September 2025

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Director's Report is approved:

so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Independent Auditors

The auditors, A Wigglesworth and Company Ltd, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

Mr H L Namli

Director

24/06/2026

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Independent Auditor's Report

to the Members of

Ceramica Impex Limited

Independent Auditor's Report

Opinion

We have audited the financial statements of Ceramica Impex Limited for the year ended 30 September 2025 which comprise the Profit and Loss Account, Statement of Comprehensive Income, Balance Sheet, Statement of Changes of Equity, Cash Flow Statement and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 30 September 2025 and of its profit/(loss) for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

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Independent Auditor's Report (continued)

to the Members of

Ceramica Impex Limited

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The director is responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Strategic Report and Director's Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and Director's Report have been prepared in accordance with applicable legal requirements.

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Director's Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records or returns; or
certain disclosures of director's remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.

Responsibilities of Directors

As explained more fully in the Director's Responsibilities Statement set out on page 3—4, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

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Independent Auditor's Report (continued)

to the Members of

Ceramica Impex Limited

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The company is subject to laws and regulations that directly and indirectly affect the financial statements. Based on our understanding of the company and the environment it operates within, we determined that the laws and regulations which were most significant included FRS 102, Companies Act 2006 and Health and Safety regulations. We considered the extent to which non-compliance with these laws and regulations might have a material effect on the financial statements, including how fraud might occur. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to the posting of inappropriate journal entries to improve the company's result for the period, and management bias in key accounting estimates.

Audit procedures performed by the engagement team included:

- Discussions with management and those responsible for legal compliance procedures within the company to obtain an understanding of the legal and regulatory framework applicable to the company and how the company complies with that framework, including consideration of known or suspected instances of non-compliance with laws and regulations and fraud;

- Identifying and assessing the design effectiveness of controls that management has in place to prevent and detect fraud and non-compliance with laws and regulations;

- Challenging assumptions and judgements made by management in their significant accounting estimates;

- Identifying and testing journal entries, in particular any journal entries posted with unusual account combinations or posted by senior management.

There are inherent limitations in the audit procedures described above and the more removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use Of Our Report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

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Independent Auditor's Report (continued)

to the Members of

Ceramica Impex Limited

Arthur Wigglesworth (Senior Statutory Auditor)

for and on behalf of A Wigglesworth and Company Ltd , Statutory Auditor

24/06/2026

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Ceramica Impex Limited

Profit and Loss Account

For The Year Ended 30 September 2025

Profit and Loss Account

		2025	2024
	Notes	£	£
TURNOVER	3	15,853,729	13,394,860
Cost of sales		(12,038,136 )	(10,960,967 )

GROSS PROFIT		3,815,593	2,433,893

Administrative expenses		(2,074,435 )	(2,025,811 )

OPERATING PROFIT	4	1,741,158	408,082
Loss on disposal of fixed assets		(844 )	(21,438 )
Other interest receivable and similar income	9	126,612	166,707
Interest payable and similar charges	10	(34,689 )	(40,441 )

PROFIT BEFORE TAXATION		1,832,237	512,910
Tax on Profit	11	(469,566 )	(143,266 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		1,362,671	369,644

The notes on pages 14 to 21 form part of these financial statements.

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Ceramica Impex Limited

Statement of Comprehensive Income

For The Year Ended 30 September 2025

Statement of Comprehensive Income

	2025	2024
	£	£
PROFIT FOR THE FINANCIAL YEAR	1,362,671	369,644
OTHER COMPREHENSIVE INCOME FOR THE YEAR	-	-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR	1,362,671	369,644

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Ceramica Impex Limited

Balance Sheet

As At 30 September 2025

Balance Sheet

Registered number: 01479217

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	12		220,269		254,923

			220,269		254,923
CURRENT ASSETS
Stocks	13	2,718,052		2,723,701
Debtors	14	2,811,801		2,053,524
Cash at bank and in hand		5,639,554		3,885,950

		11,169,407		8,663,175
Creditors: Amounts Falling Due Within One Year	15	(4,783,246 )		(2,749,339 )

NET CURRENT ASSETS (LIABILITIES)			6,386,161		5,913,836

TOTAL ASSETS LESS CURRENT LIABILITIES			6,606,430		6,168,759

NET ASSETS			6,606,430		6,168,759

CAPITAL AND RESERVES
Called up share capital	16		100		100
Profit and Loss Account			6,606,330		6,168,659

SHAREHOLDERS' FUNDS			6,606,430		6,168,759

The financial statements were approved by the board of directors on 24 June 2026 and were signed on its behalf by:

Mr H L Namli

Director

The notes on pages 14 to 21 form part of these financial statements.

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Ceramica Impex Limited

Statement of Changes in Equity

For The Year Ended 30 September 2025

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 October 2023	100	6,299,015	6,299,115
Profit for the year and total comprehensive income	-	369,644	369,644

Dividends paid	-	(500,000)	(500,000)

As at 30 September 2024 and 1 October 2024	100	6,168,659	6,168,759


Profit for the year and total comprehensive income	-	1,362,671	1,362,671

Dividends paid	-	(925,000)	(925,000)

As at 30 September 2025	100	6,606,330	6,606,430

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Ceramica Impex Limited

Statement of Cash Flows

For The Year Ended 30 September 2025

Statement of Cash Flows

		2025	2024
	Notes	£	£
Cash flows from operating activities
Net cash generated from/(used in) operations	1	2,797,261	(174,403 )
Interest paid		(34,689 )	(40,441 )
Tax paid		(143,266 )	(286,536 )

Net cash generated from/(used in) operating activities		2,619,306	(501,380 )

Cash flows from investing activities
Purchase of tangible assets		(67,314 )	(215,643 )
Proceeds from disposal of tangible assets		-	114,000
Interest received		126,612	166,707

Net cash generated from investing activities		59,298	65,064

Cash flows from financing activities
Equity dividends paid		(925,000 )	(500,000 )
Repayment of finance leases		-	(97,500 )

Net cash used in financing activities		(925,000 )	(597,500 )



Increase/(decrease) in cash and cash equivalents		1,753,604	(1,033,816 )
Cash and cash equivalents at beginning of year	2	3,885,950	4,919,766

Cash and cash equivalents at end of year	2	5,639,554	3,885,950

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Ceramica Impex Limited

Notes to the Statement of Cash Flows

For The Year Ended 30 September 2025

Notes to the Statement of Cash Flows

1. Reconciliation of profit for the financial year to cash generated from/(used in) operations

	2025	2024
	£	£
Profit for the financial year	1,362,671	369,644
Adjustments for:
Tax on profit	469,566	143,266
Interest expense	34,689	40,441
Interest income	(126,612 )	(166,707 )
Depreciation of tangible assets	101,124	102,538
Loss on disposal of tangible assets	844	21,438
Movements in working capital:
Decrease/(increase) in stocks	5,649	(387,234 )
(Increase)/decrease in trade and other debtors	(758,277 )	1,551,891
Increase/(decrease) in trade and other creditors	1,707,607	(1,849,680 )

Net cash generated from/(used in) operations	2,797,261	(174,403 )

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	2025	2024
	£	£
Cash at bank and in hand	5,639,554	3,885,950

3. Analysis of changes in net funds

	As at 1 October 2024	Cash flows	As at 30 September 2025
	£	£	£
Cash at bank and in hand	3,885,950	1,753,604	5,639,554

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Ceramica Impex Limited

Notes to the Financial Statements

For The Year Ended 30 September 2025

Notes to the Financial Statements

1. General Information

Ceramica Impex Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01479217 . The registered office is Unit 1 Victoria Industrial Park, Victoria Road, Off Coal Road, Leeds, West Yorkshire, LS14 2LA.

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 "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.

2.3. 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	20% on cost
Plant & Machinery	25% on reducing balance
Motor Vehicles	20% and 25% on reducing balance
Fixtures & Fittings	15% on reducing balance
Computer Equipment	50% on reducing balance

2.4. 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.

2.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Ceramica Impex Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Turnover

4. Operating Profit

The operating profit is stated after charging:

	2025	2024
	£	£
Bad debts	10,601	66,596
Operating lease rentals	260,000	260,000
Depreciation of tangible fixed assets	101,124	102,538

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Ceramica Impex Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

5. Auditor's Remuneration

Remuneration received by the company's auditors and their associates during the year was as follows:

	2025	2024
	£	£
Audit Services
Audit of the company's financial statements	12,000	11,750

6. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2025	2024
	£	£
Wages and salaries	924,673	871,816
Social security costs	91,474	73,745
Other pension costs	16,170	16,914

	1,032,317	962,475

7. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2025	2024
Office and administration	8	7
Sales, marketing and distribution	8	8
Operational	9	9

	25	24

8. Director's remuneration

	2025	2024
	£	£
Emoluments	11,705	20,190

9. Interest Receivable and Similar Income

	2025	2024
	£	£
Bank interest receivable	126,612	166,707

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Ceramica Impex Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

10. Interest Payable and Similar Charges

	2025	2024
	£	£
Other finance charges	34,689	40,441

11. Tax on Profit

The tax charge on the profit for the year was as follows:

	Tax Rate		2025	2024
	2025	2024	£	£
Current tax
UK Corporation Tax	25.0%	25.0%	469,566	143,266


Total tax charge for the period			469,566	143,266

The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:

	2025	2024
	£	£
Profit before tax	1,832,237	512,910

Tax on profit at 25% (UK standard rate)	458,059	128,227
Goodwill/depreciation not allowed for tax	1,025	198
Expenses not deductible for tax purposes	10,482	9,827
Deferred tax from unrecognised timing difference from a prior period	-	5,014

Total tax charge for the period	469,566	143,266

12. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 October 2024	251,551	144,115	216,749	140,801
Additions	-	16,913	47,500	-
Disposals	-	-	(14,980 )	-

As at 30 September 2025	251,551	161,028	249,269	140,801

...CONTINUED

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Ceramica Impex Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

Depreciation
As at 1 October 2024	210,108	123,888	64,579	106,691
Provided during the period	32,078	9,285	49,707	5,117
Disposals	-	-	(14,136 )	-

As at 30 September 2025	242,186	133,173	100,150	111,808

Net Book Value
As at 30 September 2025	9,365	27,855	149,119	28,993

As at 1 October 2024	41,443	20,227	152,170	34,110


	Computer Equipment	Total
	£	£
Cost
As at 1 October 2024	86,941	840,157
Additions	2,901	67,314
Disposals	-	(14,980 )

As at 30 September 2025	89,842	892,491

Depreciation
As at 1 October 2024	79,968	585,234
Provided during the period	4,937	101,124
Disposals	-	(14,136 )

As at 30 September 2025	84,905	672,222

Net Book Value
As at 30 September 2025	4,937	220,269

As at 1 October 2024	6,973	254,923

13. Stocks

	2025	2024
	£	£
Stock	2,718,052	2,723,701

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Ceramica Impex Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

14. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,745,274	1,992,921
Other debtors	66,527	60,603

	2,811,801	2,053,524

15. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	3,211,437	1,976,844
Other creditors	186,569	361,692
Corporation tax	469,566	143,266
Taxation and social security	915,674	267,537

	4,783,246	2,749,339

16. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1 each	100	100

17. Other Commitments

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

	2025	2024
	£	£
Not later than one year	260,000	260,000

	260,000	260,000

18. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

During the year the charge to the profit and loss account in respect of defined contribution schemes was £16,170 (2024: £16,914).

At the balance sheet date contributions of £NIL were due to the fund and are included in creditors.

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Ceramica Impex Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

19. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	925,000	500,000

20. Controlling Parties

The company's ultimate controlling party is Mr H L Namli by virtue of their interest in the share capital of the company.

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