Cullingworth Commercials Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11765955 (England and Wales)

Financial Statements for the Year Ended 28 February 2026

for

Cullingworth Commercials Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R D Feather

Mr A Langstaff

REGISTERED OFFICE:

Lumbrook Mills

Westercroft Lane

Northowram

Halifax

W. Yorks.

HX3 7TY

REGISTERED NUMBER:

11765955 (England and Wales)

AUDITORS:

Franklins Accountancy Audit & Tax Limited

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Tangible assets

4

7,326

12,900

CURRENT ASSETS

Stocks

5

37,508

35,588

Debtors

6

3,214,952

2,678,343

Cash at bank and in hand

1,662,335

2,411,925

4,914,795

5,125,856

CREDITORS

Amounts falling due within one year

7

1,316,795

1,309,527

NET CURRENT ASSETS

3,598,000

3,816,329

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,605,326

3,829,229

PROVISIONS FOR LIABILITIES

1,832

3,225

NET ASSETS

3,603,494

3,826,004

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

3,603,394

3,825,904

SHAREHOLDERS' FUNDS

3,603,494

3,826,004

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

Mr R D Feather - Director

1.	STATUTORY INFORMATION

Cullingworth Commercials 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. These financial statements have been prepared under the historical cost convention as modified by the use of fair values for certain financial instruments in accordance with the accounting policies set out below.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

The company recognises turnover when the amount of turnover can be reliably measured, and it is probable that future economic benefits can be reliably measured, and it is probable that future economic benefits will flow to the entity. Turnover from the sale of goods is recognised when the risks and rewards of ownership are transferred to the customer. Turnover from services is recognised in the accounting periods in which the services are rendered.

Tangible fixed assets

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

Equipment

-

20% on cost

Stocks

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

Stocks are valued on a first in first out basis.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and loans from and to related parties.

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.

Trade debtors

Trade debtors are amounts due for goods sold or services rendered in the ordinary course of business.

Trade debtors are recognised at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the debtor.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Trade creditors are recognised at the transaction price.

Trade creditors are classified as current liabilities of the company. The company does not have an unconditional right, at the end of the reporting date, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 46 (2025 - 44 ) .

4.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 March 2025

and 28 February 2026

27,868

DEPRECIATION

At 1 March 2025

14,968

Charge for year

5,574

At 28 February 2026

20,542

NET BOOK VALUE

At 28 February 2026

7,326

At 28 February 2025

12,900

5.

STOCKS

2026

2025

£

Stocks

37,508

35,588

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

1,955,291

1,703,171

Amounts owed by group undertakings

689,981

724,101

Other debtors

377,995

152,156

Prepayments and accrued income

191,685

98,915

3,214,952

2,678,343

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

589,527

405,201

Amounts owed to group undertakings

846

812

Tax

305,369

469,032

Social security and other taxes

49,136

45,030

VAT

293,204

309,364

Other creditors

51,106

33,422

Directors' current accounts

1,381

5,546

Accruals and deferred income

26,226

41,120

1,316,795

1,309,527

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

100

Ordinary

£1

100

9.

RESERVES

Retained

earnings

£

At 1 March 2025

3,825,904

Profit for the year

1,932,490

Dividends

(2,155,000

)

At 28 February 2026

3,603,394

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

The Report of the Auditors was unqualified.

James Richardson (Senior Statutory Auditor)

for and on behalf of Franklins Accountancy Audit & Tax Limited

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

2026

2025

£

Mr R D Feather

Balance outstanding at start of year

-

Amounts advanced

57,687

-

Amounts repaid

(57,687

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year at 3.75% per annum.

12.	RELATED PARTY DISCLOSURES

Cullingworth Commercials Limited is a wholly owned subsidiary of Cullingworth Commercials & Freight Services Limited. During the year sales to Cullingworth Commercials & Freight Services Limited amounted to £1,932,822 (2025 £1,494,964) and purchases from Cullingworth Commercials & Freight Services Limited amounted to £123,696 (2025 £137,357), which were on an arms length basis under commercial terms. The balance owed to Cullingworth Commercials & Freight Services Limited at the year end amounted to £846 (2025 £812).

Cullingworth Poultry Limited is a wholly owned subsidiary of Cullingworth Commercials & Freight Services Limited. Cullingworth Commercials Limited made sales of £734,974 (2025 £1,147,489) to Cullingworth Poultry Limited, which were on an arms length basis under commercial terms. The balance due to Cullingworth Commercials Limited at the year end was £689,981 (2025 £724,101).

Cullingworth Commercials Limited traded with a company in which Mr R Feather is a director and holds significant influence. Cullingworth Commercials Limited made sales of £Nil (2025 £24,000), which were on an arms length basis under commercial terms. The balance due to Cullingworth Commercials Limited at the year end was £290 (2025 £24,000).

Cullingworth Commercials Limited traded with a company in which Mr R Feather holds significant influence. The balance due to Cullingworth Commercials Limited at the year end was £Nil (2025 £290).

Cullingworth Commercials Limited traded with a company in which Mr R Feather holds significant influence. Cullingworth Commercials Limited made sales of £18,448 (2025 £10,754) and purchases of £32,447 (2025 £640), which were on an arms length basis under commercial terms. The balance due from Cullingworth Commercials Limited at the year end was £19,004 (2025 -£7,706).

Cullingworth Commercials Limited traded with a company under common control and in which Mr R Feather is a director. The balance due to Cullingworth Commercials Limited at the year end was £352,145 (2025 £Nil).

13.	ULTIMATE CONTROLLING PARTY

The controlling party is Cullingworth Commercials & Freight Services Limited.

The company is controlled by its immediate and ultimate parent company Cullingworth Commercials & Freight Services Limited, which is controlled by its majority shareholder, Mr R Feather. Cullingworth Commercials & Freight Services Limited is a company registered in England and Wales and shares its registered office address with Cullingworth Commercials Limited.