REGISTERED NUMBER: 13195867 (England and Wales)

Enzo Wholesale Ltd

Report of the Director and

Abridged Audited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Report of the Director

2

Statement of Financial Position

4

Notes to the Financial Statements

6

DIRECTOR:

Mrs H Toprak

REGISTERED OFFICE:

5 Picketts Lock Lane

Edmonton

London

N9 0AS

REGISTERED NUMBER:

13195867 (England and Wales)

AUDITORS:

Alton & Co

Chartered Accountants

& Statutory Auditors

239-241 Kennington Lane

London

SE11 5QU

The director presents her report with the financial statements of the company for the year ended 31 March 2026.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of wholesale of alcohol, food and takeaway.

DIRECTOR

Mrs H Toprak held office during the whole of the period from 1 April 2025 to the date of this report.

POLITICAL DONATIONS AND EXPENDITURE

Donations made during the financial year were non political.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Report of the Director 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 and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the director must not approve the financial statements unless she is 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 these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	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 her to ensure that the financial statements comply with the Companies Act 2006. She 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.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the director is aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and she has taken all the steps that she ought to have taken as a director in order to make herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Alton & Co, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs H Toprak - Director

7 July 2026

FIXED ASSETS

Property, plant and equipment

3

221,205

144,466

CURRENT ASSETS

Inventories

4

5,542,877

3,850,565

Debtors

5

771,232

229,391

Cash at bank and in hand

519,363

174,001

6,833,472

4,253,957

CREDITORS

Amounts falling due within one year

6

5,997,683

3,741,470

NET CURRENT ASSETS

835,789

512,487

TOTAL ASSETS LESS CURRENT LIABILITIES

1,056,994

656,953

CREDITORS

Amounts falling due after more than one year

7

(200,000

)

(200,000

)

PROVISIONS FOR LIABILITIES

9

(51,824

)

(32,090

)

NET ASSETS

805,170

424,863

CAPITAL AND RESERVES

Called up share capital

10

200,000

200,000

Retained earnings

11

605,170

224,863

SHAREHOLDERS' FUNDS

805,170

424,863

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 July 2026 and were signed by:

Mrs H Toprak - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised when the goods are physically delivered to or collected by the customer. Turnover is derived from ordinary activities of the company.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

straight line over the life of the lease

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost of stocks is valued using the first in first out stock valuation method. Net realisable value is the estimated selling price less cost to sell.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 48 (2025 - 44 ) .

3.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 April 2025

75,046

2,667

136,183

Additions

-

79,181

-

At 31 March 2026

75,046

81,848

136,183

DEPRECIATION

At 1 April 2025

58,939

533

34,046

Charge for year

2,198

16,263

25,534

At 31 March 2026

61,137

16,796

59,580

NET BOOK VALUE

At 31 March 2026

13,909

65,052

76,603

At 31 March 2025

16,107

2,134

102,137

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

30,985

1,132

246,013

Additions

17,715

45,719

142,615

At 31 March 2026

48,700

46,851

388,628

DEPRECIATION

At 1 April 2025

7,746

283

101,547

Charge for year

10,239

11,642

65,876

At 31 March 2026

17,985

11,925

167,423

NET BOOK VALUE

At 31 March 2026

30,715

34,926

221,205

At 31 March 2025

23,239

849

144,466

4.	INVENTORIES

2026

2025

£

£

Finished goods

5,542,877

3,850,565

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

611,453

223,244

Unitas Wholesale Ltd membership

51,000

-

VAT

80,052

-

Prepayments

28,727

6,147

771,232

229,391

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

257,617

30,000

Trade creditors

2,747,993

1,280,725

Kervan Banqueting Ltd

2,135,082

1,898,640

Shakespeare Coffee and Bistro

Ltd

396,607

385,562

Shakespeare Coffee & Bistro Cockfoster Ltd

60,000

-

Shakespeare Coffee & Bistro Woolwich Ltd

20,350

-

Tax

108,666

42,442

Social security and other taxes

21,978

13,426

VAT

-

9,407

Net wages control account

82,745

59,900

Pensions control account

4,306

2,931

Directors' current accounts

9,660

10,060

Accruals and deferred income

129,558

-

Accrued expenses

23,121

8,377

5,997,683

3,741,470

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Directors' loan accounts

200,000

200,000

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

1,135,000

1,135,000

Between one and five years

7,150,000

1,513,333

In more than five years

533,333

-

8,818,333

2,648,333

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

51,824

32,090

Deferred

tax

£

Balance at 1 April 2025

32,090

Charge to Income Statement during year

19,734

Balance at 31 March 2026

51,824

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

200,000

Ordinary

1

200,000

200,000

11.

RESERVES

Retained

earnings

£

At 1 April 2025

224,863

Profit for the year

380,307

At 31 March 2026

605,170

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Altan Kemal FCA FCCA (Senior Statutory Auditor)

for and on behalf of Alton & Co

13.	RELATED PARTY DISCLOSURES

Transactions with members of key management personnel

At balance sheet date, amount due to related party is £209,660 (2025:£210,060). The loan is interest free.

Entities with control, joint control or significant influence over the entity

2026

2025

£

£

Transfers from related parties

327,837

2,284,202

Amount due to related parties

2,612,039

2,284,202

14.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs H Toprak.