Registration number: 14588061

All Trades Supplies Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

All Trades Supplies Ltd

Company Information

Director

Mr Paul John Morgan

Registered office

The Old Tin Works Priory Street Carmarthen Carmarthenshire SA31 1NR

Accountants

Wynne & Co Chartered Accountants Forestry House Brewery Road Carmarthen Carmarthenshire SA31 1TF

All Trades Supplies Ltd

(Registration number: 14588061)
Balance Sheet as at 31 August 2025

	Note	31 August 2025 £	31 August 2024 £
Fixed assets
Tangible assets	4	460,324	538,093
Current assets
Stocks	5	883,585	818,019
Debtors	6	448,964	430,602
Cash at bank and in hand		168,121	67,407
		1,500,670	1,316,028
Creditors: Amounts falling due within one year	7	(836,313)	(600,590)
Net current assets		664,357	715,438
Total assets less current liabilities		1,124,681	1,253,531
Creditors: Amounts falling due after more than one year	7	(1,086,296)	(1,097,050)
Net assets		38,385	156,481
Capital and reserves
Called up share capital	8	100	100
Retained earnings		38,285	156,381
Shareholders' funds		38,385	156,481

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

All Trades Supplies Ltd

(Registration number: 14588061)
Balance Sheet as at 31 August 2025

Approved and authorised by the director on 28 June 2026
 

......................................... Mr Paul John Morgan Director

All Trades Supplies Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
The Old Tin Works
Priory Street
Carmarthen
Carmarthenshire
SA31 1NR
United Kingdom

These financial statements were authorised for issue by the director on 28 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/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.

All Trades Supplies Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

Tangible assets

Tangible assets are stated in the balance sheet 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
Motor Vehicles	25% Straight Line
Plant & Machinery	12.5% Straight Line
Office Equipment	33% Straight Line

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 from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. 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 receivables.

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.

All Trades Supplies Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, 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.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

All Trades Supplies Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

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.

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.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 13 (2024 - 14).

All Trades Supplies Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 September 2024	26,163	44,890	553,401	624,454
Additions	1,929	-	9,669	11,598
At 31 August 2025	28,092	44,890	563,070	636,052
Depreciation
At 1 September 2024	8,645	10,858	66,858	86,361
Charge for the year	8,767	11,223	69,377	89,367
At 31 August 2025	17,412	22,081	136,235	175,728
Carrying amount
At 31 August 2025	10,680	22,809	426,835	460,324
At 31 August 2024	17,518	34,032	486,543	538,093

5

Stocks

	31 August 2025 £	31 August 2024 £
Other inventories	883,585	818,019

6

Debtors

Current	31 August 2025 £	31 August 2024 £
Trade debtors	423,555	415,453
Prepayments	25,309	15,049
Other debtors	100	100
	448,964	430,602

All Trades Supplies Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	31 August 2025 £	31 August 2024 £
Due within one year
Bank loans and overdrafts	9	10,754	9,799
Trade creditors		723,803	503,831
Taxation and social security		55,423	49,061
Accruals and deferred income		28,932	28,612
Other creditors		17,401	9,287
		836,313	600,590

Creditors: amounts falling due after more than one year

	Note	31 August 2025 £	31 August 2024 £
Due after one year
Loans and borrowings	9	1,086,296	1,097,050

8	Share capital

Allotted, called up and fully paid shares

	31 August 2025		31 August 2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

All Trades Supplies Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2025

9	Loans and borrowings

Non-current loans and borrowings

	31 August 2025 £	31 August 2024 £
Hire purchase contracts	41,296	52,050
Other borrowings	1,045,000	1,045,000
	1,086,296	1,097,050

Current loans and borrowings

	31 August 2025 £	31 August 2024 £
Hire purchase contracts	10,754	9,799

10	Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	10,000	24,000