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Company Registration No. 11055610 (England and Wales)
Direct To Source Ltd Unaudited accounts for the year ended 30 November 2025
Direct To Source Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Direct To Source Ltd Company Information for the year ended 30 November 2025
Directors
Luke James Rachel James
Company Number
11055610 (England and Wales)
Registered Office
HOLLYMOUNT BARN GLEWSTONE ROSS-ON-WYE HR9 6AN UNITED KINGDOM
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Direct To Source Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
10,385
8,453
Current assets
Debtors
5
9,917
91,291
Cash at bank and in hand
(7,750)
(11,982)
2,167
79,309
Creditors: amounts falling due within one year
6
(292,018)
(280,431)
Net current liabilities
(289,851)
(201,122)
Total assets less current liabilities
(279,466)
(192,669)
Creditors: amounts falling due after more than one year
7
(358,840)
(170,808)
Net liabilities
(638,306)
(363,477)
Capital and reserves
Profit and loss account
(638,306)
(363,477)
Shareholders' funds
(638,306)
(363,477)
For the year ending 30 November 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by
Rachel James Director Company Registration No. 11055610
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Direct To Source Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Direct To Source Ltd is a private company, limited by shares, registered in England and Wales, registration number 11055610. The registered office is HOLLYMOUNT BARN, GLEWSTONE, ROSS-ON-WYE, HR9 6AN, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% reducing balance
Fixtures & fittings
18% reducing balance
Computer equipment
18% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 December 2024
4,903
1,783
8,864
15,550
Additions
231
-
1,701
1,932
At 30 November 2025
5,134
1,783
10,565
17,482
Depreciation
At 1 December 2024
1,883
1,068
4,146
7,097
At 30 November 2025
1,883
1,068
4,146
7,097
Net book value
At 30 November 2025
3,251
715
6,419
10,385
At 30 November 2024
3,020
715
4,718
8,453
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
9,917
91,291
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Direct To Source Ltd Notes to the Accounts for the year ended 30 November 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
58,729
15,725
VAT
5,922
4,603
Trade creditors
231,643
297,663
Taxes and social security
4,281
(32,024)
Other creditors
(8,557)
(5,536)
292,018
280,431
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
358,840
170,808
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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