REGISTERED NUMBER: 04586554 (England and Wales)

Financial Statements for the Year Ended 30 November 2025

for

V & M Retail Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mr Mitesh Parekh

Mr Vinay Parekh

REGISTERED OFFICE:

Bridge House

9 - 13 Holbrook Lane

Coventry

United Kingdom

CV6 4AD

REGISTERED NUMBER:

04586554 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Intangible assets

4

535,600

535,600

Tangible assets

5

515,458

438,237

1,051,058

973,837

CURRENT ASSETS

Stocks

284,710

335,670

Debtors

6

24,091

17,097

Cash at bank and in hand

92,342

98,722

401,143

451,489

CREDITORS

Amounts falling due within one year

7

405,877

513,816

NET CURRENT LIABILITIES

(4,734

)

(62,327

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,046,324

911,510

CREDITORS

Amounts falling due after more than one year

8

369,619

412,108

NET ASSETS

676,705

499,402

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

676,605

499,302

SHAREHOLDERS' FUNDS

676,705

499,402

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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by:

Mr Mitesh Parekh - Director

1.	STATUTORY INFORMATION

V & M Retail Ltd 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.

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.

Franchise Fee are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance and 10% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 80 (2024 - 66 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 December 2024

and 30 November 2025

552,100

3,050

555,150

AMORTISATION

At 1 December 2024

and 30 November 2025

16,500

3,050

19,550

NET BOOK VALUE

At 30 November 2025

535,600

-

535,600

At 30 November 2024

535,600

-

535,600

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2024

248,067

571,866

819,933

Additions

-

144,069

144,069

At 30 November 2025

248,067

715,935

964,002

DEPRECIATION

At 1 December 2024

-

381,696

381,696

Charge for year

-

66,848

66,848

At 30 November 2025

-

448,544

448,544

NET BOOK VALUE

At 30 November 2025

248,067

267,391

515,458

At 30 November 2024

248,067

190,170

438,237

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

17,540

12,540

Other debtors

6,551

4,557

24,091

17,097

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade creditors

272,705

314,765

Taxation and social security

40,019

64,239

Other creditors

93,153

134,812

405,877

513,816

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

369,619

412,108

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

During the year, Company has paid Rent of £20,000 (2024: £20,000) in respect of freehold premises "All in One No 2 Ltd - Costcutter" at "24-26 Concord way, Dukinfield, SK16 4DB".

During the year, Company has paid Rent of £20,000 (2024: £20,000) in respect of freehold premises "All in One No 2 Ltd - Best One" at "190 Talbot Road, Hyde, SK14 4HJ".

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 November 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

Date: .............................................