The Workwear Stores Limited - Filleted accounts

Registered number

06482574

The Workwear Stores Limited

Filleted Accounts

31 January 2026

The Workwear Stores Limited
Registered number:		06482574
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		172,000			175,300

Current assets
Stocks		3,000			21,921
Debtors	4	52,677			8,150
Cash at bank and in hand		87,861			108,492
		143,538			138,563

Creditors: amounts falling due within one year	5	(103,337)			(115,002)

Net current assets			40,201			23,561

Total assets less current liabilities			212,201			198,861

Creditors: amounts falling due after more than one year	6		(92,170)			(5,000)



Net assets			120,031			193,861

Capital and reserves
Called up share capital			1			1
Profit and loss account			120,030			193,860

Shareholder's funds			120,031			193,861

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mark Alderson
Director
Approved by the board on 29 July 2026

The Workwear Stores Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			2% straight line
	Plant, fixtures & fittings			25% straight line
	Motor vehicles			25% straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					2		1


3	Tangible fixed assets
		Land and buildings		Plant, fixtures & fittings		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	205,000		362,734		16,446		584,180
	At 31 January 2026	205,000		362,734		16,446		584,180

	Depreciation
	At 1 February 2025	29,700		362,734		16,446		408,880
	Charge for the year	3,300		-		-		3,300
	At 31 January 2026	33,000		362,734		16,446		412,180

	Net book value
	At 31 January 2026	172,000		-		-		172,000
	At 31 January 2025	175,300		-		-		175,300


4	Debtors					2026		2025
£							£

	Trade debtors					2,983		2,921
	Other debtors					49,694		5,229
						52,677		8,150


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					6,787		15,000
	Trade creditors					2,168		12,101
	Taxation and social security costs					1,152		5,950
	Other creditors					93,230		81,951
						103,337		115,002


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					92,170		5,000


7	Loans					2026		2025
£							£
	Creditors include:
	Instalments falling due for payment after more than five years					67,667		-


	Secured bank loans					98,956		20,000


8	Contingent liabilities

	Lloyds Bank plc holds a fixed and floating charge debenture dated 27 September 2012 over the company's undertaking and all property and assets. It also holds a mortgage deed dated 26 September 2012 over the company's freehold property at 3 Weston Lane Industrial Estate, Weston Lane, Birmingham, B11 3RR. The mortgage on the property was repaid in full on 14 April 2021.


9	Related party transactions

	The company shares premises with First Editions Limited, an affiliated company, on an informal basis.

	During the year, The Workwear Stores Limited purchased goods to the value of £19,203 (2025 - £50,319) from First Editions Limited and also paid £5,712 (2025 - £6,290) in respect of carriage charges which First Editions Limited incurred on its behalf. All transactions were on an arm's length basis. The balance owing to First Editions Limited at the year end was £2,168 (2025 - £11,848).
	During the year, the company made temporary loans to First Editions Limited totalling £91,000. The balance outstanding at the year end was £42,987.

10	Controlling party

	The company is controlled by Brian Alderson, a director, by virtue of a 100 per cent controlling interest in the authorised and issued ordinary share capital. The dividend payable to the director was £54,000 (2025 - £46,000).


11	Other information

	The Workwear Stores Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 5 Weston Lane Ind Estate
	Weston Lane
	Birmingham
	B11 3RR