IRIS Accounts Production v26.1.10.61 07374019 Board of Directors 1.12.24 30.11.25 30.11.25 true false true false false false true false Ordinary 1.00000 Ordinary B 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07374019 2024-11-30 07374019 2025-11-30 07374019 2024-12-01 2025-11-30 07374019 2023-11-30 07374019 2023-12-01 2024-11-30 07374019 2024-11-30 07374019 ns15:EnglandWales 2024-12-01 2025-11-30 07374019 ns14:PoundSterling 2024-12-01 2025-11-30 07374019 ns10:Director1 2024-12-01 2025-11-30 07374019 ns10:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 07374019 ns10:SmallEntities 2024-12-01 2025-11-30 07374019 ns10:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 07374019 ns10:SmallCompaniesRegimeForDirectorsReport 2024-12-01 2025-11-30 07374019 ns10:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 07374019 ns10:AbridgedAccounts 2024-12-01 2025-11-30 07374019 1 2024-12-01 2025-11-30 07374019 ns10:OrdinaryShareClass1 2024-12-01 2025-11-30 07374019 ns10:OrdinaryShareClass2 2024-12-01 2025-11-30 07374019 ns10:Director2 2024-12-01 2025-11-30 07374019 ns10:RegisteredOffice 2024-12-01 2025-11-30 07374019 ns5:CurrentFinancialInstruments 2025-11-30 07374019 ns5:CurrentFinancialInstruments 2024-11-30 07374019 ns5:Non-currentFinancialInstruments 2025-11-30 07374019 ns5:Non-currentFinancialInstruments 2024-11-30 07374019 ns5:ShareCapital 2025-11-30 07374019 ns5:ShareCapital 2024-11-30 07374019 ns5:RetainedEarningsAccumulatedLosses 2025-11-30 07374019 ns5:RetainedEarningsAccumulatedLosses 2024-11-30 07374019 ns5:NetGoodwill 2024-12-01 2025-11-30 07374019 ns5:IntangibleAssetsOtherThanGoodwill 2024-12-01 2025-11-30 07374019 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2024-12-01 2025-11-30 07374019 ns5:PlantMachinery 2024-12-01 2025-11-30 07374019 ns5:FurnitureFittings 2024-12-01 2025-11-30 07374019 ns5:MotorVehicles 2024-12-01 2025-11-30 07374019 ns5:ComputerEquipment 2024-12-01 2025-11-30 07374019 ns5:Subsidiary1 2024-12-01 2025-11-30 07374019 1 ns5:Subsidiary1 2024-12-01 2025-11-30 07374019 ns5:Subsidiary1 2025-11-30 07374019 ns5:Subsidiary1 2024-11-30 07374019 ns5:Subsidiary1 2023-12-01 2024-11-30 07374019 ns5:WithinOneYear 2025-11-30 07374019 ns5:WithinOneYear 2024-11-30 07374019 ns5:BetweenOneFiveYears 2025-11-30 07374019 ns5:BetweenOneFiveYears 2024-11-30 07374019 ns5:AllPeriods 2025-11-30 07374019 ns5:AllPeriods 2024-11-30 07374019 ns10:OrdinaryShareClass1 2025-11-30 07374019 ns10:OrdinaryShareClass2 2025-11-30

REGISTERED NUMBER: 07374019 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Saracen Distribution Limited

Saracen Distribution Limited (Registered number: 07374019)

Contents of the Financial Statements

for the year ended 30 November 2025

Page |

Company Information | 1 |

Abridged Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Saracen Distribution Limited

Company Information

for the year ended 30 November 2025

| Directors: | M F Evans

| Mrs B J Evans

| Registered office: | Unit 9, Grandstand Business Centre

| Faraday Road

| Hereford

| HR4 9NS

| Registered number: | 07374019 (England and Wales)

| Accountants: | Acre Accountancy Limited

| Unit 2 Foley Works

| Foley Trading Estate

| Hereford

| Herefordshire

| HR1 2SF

Saracen Distribution Limited (Registered number: 07374019)

Abridged Balance Sheet

30 November 2025

| 30/11/25 |  | 30/11/24

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 233,726 |  | 246,590 |  |

Investments | 6 | 340 |  | 1,330 |  |

234,066 |  | 247,920 |  |

CURRENT ASSETS

Stocks | 1,891,112 |  | 1,833,997 |  |

Debtors | 386,507 |  | 387,111 |  |

Cash at bank | 447,766 |  | 315,117 |  |

2,725,385 |  | 2,536,225 |  |

CREDITORS

Amounts falling due within one year | (984,624 | ) | (940,738 | ) |

NET CURRENT ASSETS | 1,740,761 |  | 1,595,487 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,974,827 |  | 1,843,407 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (45,039 | ) | (63,166 | ) |

PROVISIONS FOR LIABILITIES | (28,650 | ) | (28,629 | ) |

NET ASSETS | 1,901,138 |  | 1,751,612 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 1,100 |  | 1,100 |  |

Retained earnings | 1,900,038 |  | 1,750,512 |  |

SHAREHOLDERS' FUNDS | 1,901,138 |  | 1,751,612 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Saracen Distribution Limited (Registered number: 07374019)

Abridged Balance Sheet - continued

30 November 2025

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 Balance Sheet for the year ended 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2026 and were signed on its behalf by:

M F Evans - Director

Saracen Distribution Limited (Registered number: 07374019)

Notes to the Financial Statements

for the year ended 30 November 2025

1. | STATUTORY INFORMATION

| Saracen Distribution Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | 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

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

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

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

| Freehold property | - | 5% on cost

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 15% on cost

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Investments in associates

| Investments in associate undertakings are recognised at cost.

| Stocks

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

| Financial instruments

| Financial instruments are classified and accounted for according to the substance of the contractual arrangement. They are classified as 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.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Saracen Distribution Limited (Registered number: 07374019)

Notes to the Financial Statements - continued

for the year ended 30 November 2025

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 14 (2024 - 15 ) .

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| Cost

| At 1 December 2024

| and 30 November 2025 | 139,011 |  |

| Amortisation

| At 1 December 2024

| and 30 November 2025 | 139,011 |  |

| Net book value

| At 30 November 2025 | - |  |

| At 30 November 2024 | - |  |

Saracen Distribution Limited (Registered number: 07374019)

Notes to the Financial Statements - continued

for the year ended 30 November 2025

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| Cost

| At 1 December 2024 | 476,067 |  |

| Additions | 35,788 |  |

| Disposals | (3,535 | ) |

| At 30 November 2025 | 508,320 |  |

| Depreciation

| At 1 December 2024 | 229,477 |  |

| Charge for year | 48,109 |  |

| Eliminated on disposal | (2,992 | ) |

| At 30 November 2025 | 274,594 |  |

| Net book value

| At 30 November 2025 | 233,726 |  |

| At 30 November 2024 | 246,590 |  |

6. | FIXED ASSET INVESTMENTS

| Information on investments other than loans is as follows:

| Totals

£ |

| Cost

| At 1 December 2024 | 1,330 |  |

| Disposals | (990 | ) |

| At 30 November 2025 | 340 |  |

| Net book value

| At 30 November 2025 | 340 |  |

| At 30 November 2024 | 1,330 |  |

| The company's investments at the Balance Sheet date in the share capital of companies include the following:

| Bearings Seals & Belts Limited

| Registered office: United Kingdom

| Nature of business:

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| 30/11/25 |  | 30/11/24

£ | £ |

| Aggregate capital and reserves | (11,012 | ) | (15,626 | ) |

| Profit for the year | 4,614 |  | 40,754 |  |

Saracen Distribution Limited (Registered number: 07374019)

Notes to the Financial Statements - continued

for the year ended 30 November 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |

| 30/11/25 |  | 30/11/24

£ | £ |

| Repayable by instalments

| Bank loans payable after more than 5 years by instalments | - |  | 3,236 |  |

8. | LEASING AGREEMENTS

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

| 30/11/25 |  | 30/11/24

£ | £ |

| Within one year | 13,300 |  | 13,300 |  |

| Between one and five years | 32,142 |  | 45,441 |  |

45,442 |  | 58,741 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 30/11/25 |  | 30/11/24

£ | £ |

| Bank Loan | 37,740 |  | 50,372 |  |

| Barclays bank PLC hold a legal charge over the leasehold property known as unit 8 Grandstand business centre, Westfields tradings estate, Hereford, HR4 9NS.

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30/11/25 |  | 30/11/24

| value: | £ | £ |

| 1,000 | Ordinary | £1 | 1,000 |  | 1,000 |  |

| 100 | Ordinary B | £1 | 100 |  | 100 |  |

1,100 |  | 1,100 |  |