Registration number: 01642604

Trade Distribution Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Financial Statements	3 to 7

Trade Distribution Limited

Company Information

Directors

D Robinson M Collins J Robinson N Robinson

Registered office

130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Auditor

Brebners Chartered Accountants & Statutory Auditor 130 Shaftesbury Avenue London W1D 5AR

Trade Distribution Limited

Statement of Financial Position as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	27,091	79,730
Investments	6	1,401	1,401
		28,492	81,131
Current assets
Stocks	7	818,574	884,324
Debtors	8	1,115,149	874,634
Cash at bank and in hand		1,680,075	1,548,983
		3,613,798	3,307,941
Creditors: Amounts falling due within one year	9	(1,115,658)	(833,919)
Net current assets		2,498,140	2,474,022
Total assets less current liabilities		2,526,632	2,555,153
Provisions for liabilities		(2,811)	(15,718)
Net assets		2,523,821	2,539,435
Capital and reserves
Called up share capital		900	900
Retained earnings		2,522,921	2,538,535
Shareholders' funds		2,523,821	2,539,435

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Trade Distribution Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the Board on 23 July 2026 and signed on its behalf by:
 

.........................................

D Robinson

Director

Company registration number: 01642604

Trade Distribution Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of distribution and retailing of plumbing, heating, bathroom and kitchen supplies.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 399 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Going concern

The company made a profit for the year ended 31 December 2025 and had net assets of £2,523,821 at that date, including cash at bank of £1,680,075.

The directors have considered the current inflationary increases and economic uncertainty and the directors' view is that the impact on the company will be manageable. The company has continued to trade profitably since 31 December 2025, therefore with the resources the company has, the directors believe that the company will be able to weather the crisis.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods or provision of services in the ordinary course of the company's activities. Turnover is shown net of Value Added Tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Trade Distribution Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Short leasehold property	Over the life of the lease
Fixtures and fittings	15% straight line
Equipment	33% 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.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade Distribution Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
 
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

3	Audit Report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 23 July 2026 was Darren Bond, who signed for and on behalf of Brebners.

4	Staff numbers

The average number of persons employed by the company during the year, was 14 (2024 - 14).

Trade Distribution Limited

Notes to the Financial Statements for the Year Ended 31 December 2025

5	Tangible assets

	Short Leasehold £	Fixtures and Fittings £	Motor vehicles  £	Equipment £	Total £
Cost or valuation
At 1 January 2025	10,060	14,733	212,894	55,141	292,828
At 31 December 2025	10,060	14,733	212,894	55,141	292,828
Depreciation
At 1 January 2025	10,060	14,733	133,164	55,141	213,098
Charge for the year	-	-	52,639	-	52,639
At 31 December 2025	10,060	14,733	185,803	55,141	265,737
Carrying amount
At 31 December 2025	-	-	27,091	-	27,091
At 31 December 2024	-	-	79,730	-	79,730

6	Investments

	2025 £	2024 £
Investments in subsidiaries	100	100
Other investments	1,301	1,301
	1,401	1,401