REGISTERED NUMBER: 14037989 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

TRADE COUNTER MATE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A P Davies

P A R Davies

E P Norris

REGISTERED OFFICE:

30/34 North Street

Hailsham

United Kingdom

East Sussex

BN27 1DW

REGISTERED NUMBER:

14037989 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Limited

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Tangible assets

4

184,977

94,215

CURRENT ASSETS

Stocks

52,724

33,688

Debtors

5

227,628

194,665

Cash at bank

55,213

-

335,565

228,353

CREDITORS

Amounts falling due within one year

6

(1,140,437

)

(625,605

)

NET CURRENT LIABILITIES

(804,872

)

(397,252

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(619,895

)

(303,037

)

PROVISIONS FOR LIABILITIES

(46,244

)

(24,323

)

NET LIABILITIES

(666,139

)

(327,360

)

CAPITAL AND RESERVES

Called up share capital

7

90

90

Retained earnings

(666,229

)

(327,450

)

SHAREHOLDERS' FUNDS

(666,139

)

(327,360

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2026 and were signed on its behalf by:

P A R Davies - Director

1.	STATUTORY INFORMATION

Trade Counter Mate 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.

Tangible fixed assets

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

Improvements to property

-

15% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% 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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

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

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 10 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2025

33,715

58,200

22,867

Additions

-

10,500

60,988

At 31 March 2026

33,715

68,700

83,855

DEPRECIATION

At 1 April 2025

10,203

17,061

1,991

Charge for year

3,527

9,715

9,656

At 31 March 2026

13,730

26,776

11,647

NET BOOK VALUE

At 31 March 2026

19,985

41,924

72,208

At 31 March 2025

23,512

41,139

20,876

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

10,000

8,191

132,973

Additions

50,917

3,812

126,217

At 31 March 2026

60,917

12,003

259,190

DEPRECIATION

At 1 April 2025

4,375

5,128

38,758

Charge for year

9,009

3,548

35,455

At 31 March 2026

13,384

8,676

74,213

NET BOOK VALUE

At 31 March 2026

47,533

3,327

184,977

At 31 March 2025

5,625

3,063

94,215

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

116,544

103,969

Other debtors

111,084

90,696

227,628

194,665

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

20,079

Trade creditors

344,881

295,802

Amounts owed to group undertakings

310,510

182,257

Taxation and social security

56,003

41,195

Other creditors

429,043

86,272

1,140,437

625,605

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

60

Ordinary A

£1

60

60

30

Ordinary B

£1

30

30

90

90

8.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owes £310,510 (2025: £182,257) to Trade Counter Mate Swindon Limited, the owner of 60% of the issued share capital in the company. All amounts are interest-free and repayable on demand.