Denny Enterprises Int'l Ltd

Registered number

SC471410

Report and Financial Statements

31 March 2026

Denny Enterprises Int'l Ltd
Report and accounts
Contents




Page numbers

Company information	1
Directors' report	2
Strategic report	3
Independent auditor's report	4
Income statement	5
Statement of comprehensive income	6
Statement of financial position	7
Statement of changes in equity	8
Statement of cash flows	9
Notes to the financial statements	10

Denny Enterprises Int'l Ltd

Company Information

Directors

Mahmood Saleem

Azka Kanwal

Auditors

Ballantyne & Co , Statutory Auditor

Ballantyne & Co

Chartered Accountants & Registered Auditors

60 St. Enoch Square

Glasgow

G1 4AG

Registered office

Z1, Drybridge Park

Shewalton Road

Irvine

Ayrshire

KA11 5AL

Registered number

SC471410

Denny Enterprises Int'l Ltd
Registered number:		SC471410
Directors' Report

The directors present their report and financial statements for the year ended 31 March 2026.

Principal activities
The company's principal activity during the year continued to be the sale and distribution of a variety of consumer and household goods through wholesale and retail channels, including online and mail order sales. The company also acts as an agent in the sale of a wide range of goods and carries out non-specialised wholesale trading activities

Dividends
Dividend paid to shareholders for this year £117,567.92

Directors
The following persons served as directors during the year:

	Mahmood Saleem
	Azka Kanwal

Directors' responsibilities

The directors are responsible for preparing the report and financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102 and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
●	select suitable accounting policies and then apply them consistently;
●	make judgements and estimates that are reasonable and prudent;
●	state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
●	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


Disclosure of information to auditors

Each person who was a director at the time this report was approved confirms that:
●	so far as he is aware, there is no relevant audit information of which the company's auditor is unaware; and
●	he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information.



This report was approved by the board on 31 July 2026 and signed on its behalf.

Mahmood Saleem
Director

Denny Enterprises Int'l Ltd
Strategic Report
The directors present their strategic report for the year ended 31 March 2026.
Principal Activities The principal activity of Denny Enterprises International Ltd is the provision of its core trading activities within its established market. The Company continues to focus on delivering high-quality products and services to its customers while maintaining operational efficiency and sustainable long-term growth. Business Review The Company delivered a strong financial performance during the year ended 31 March 2026. Turnover increased by 37.9% to £30.62 million (2025: £22.20 million), reflecting increased sales activity and continued business growth. Gross profit increased significantly to £6.66 million (2025: £2.37 million), resulting in an improved gross profit margin of 21.7% compared with 10.7% in the previous year. The improvement reflects stronger trading performance and more effective management of the cost of sales. Administrative expenses increased to £2.85 million (2025: £2.44 million), primarily reflecting the higher level of business activity during the year. Despite this increase, the Company achieved a substantial improvement in profitability, with operating profit increasing to £4.00 million (2025: £0.10 million). Finance income increased to £156 thousand (2025: £16 thousand), while no finance costs were incurred during the year. Consequently, profit before taxation increased to £4.16 million (2025: £92 thousand). After taxation of £1.04 million, the Company reported a profit for the financial year of £3.11 million compared with £77 thousand in the previous year. The Directors are pleased with the Company's performance during the year, which demonstrates significant improvements in both profitability and operational efficiency. Management remains committed to maintaining disciplined cost control, strengthening operational performance and supporting sustainable long-term growth.
Key Performance Indicators The Directors monitor the performance of the business using a number of key financial indicators, which are considered important measures of the Company's operational and financial performance.
Key Performance Indicator	2026	2025
Revenue growth	37.90%	–
Gross profit margin	21.76%	10.70%
Operating profit	£4.00 million	£0.10 million
Operating profit margin	13.08%	0.50%
Net profit margin	10.18%	0.30%
These indicators demonstrate a significant improvement in trading performance, profitability and operational efficiency during the year. The Directors use these measures to assess business performance, support strategic decision-making and monitor progress against the Company's long-term objectives. Principal Risks and Uncertainties The Company operates in a competitive commercial environment and is exposed to a number of business risks and uncertainties that could affect future performance. The principal risks include: -Market competition and pricing pressure, which may impact sales volumes and profit margins. -Economic uncertainty, inflation and changing customer demand, which may affect trading activity. -Supply chain disruption and changes in supplier pricing, which could increase operating costs and affect product availability. -Credit risk arising from customers' ability to settle outstanding balances. -Operational risks, including business interruption and the need to maintain efficient internal processes. The Directors seek to mitigate these risks through careful supplier selection, effective credit control procedures, regular monitoring of market conditions, prudent financial management and ongoing review of operational performance. Risk management remains an integral part of the Company's governance and decision-making processes.
Future Outlook The Directors are encouraged by the Company's strong financial performance during the year and remain confident about its future prospects. Building on the significant improvements achieved during 2026, the Company expects continued growth in revenue and profitability while maintaining a disciplined approach to cost management. The Company's strategic priorities remain focused on: -sustaining revenue growth through continued business development; -maintaining improved gross margins through effective cost control and operational efficiency; -strengthening working capital management and cash generation; -investing in operational efficiency, systems and infrastructure to support future growth; and -continuing to build strong relationships with customers and suppliers. Although economic conditions remain uncertain, the Directors believe the Company is well-positioned to capitalise on future opportunities and continue its positive growth trajectory.
Section 172(1) Statement In accordance with Section 172(1) of the Companies Act 2006, the Directors have acted in the way they consider, in good faith, would be most likely to promote the success of the Company for the benefit of its members as a whole. In carrying out their duties, the Directors have had regard to, amongst other matters: -the likely long-term consequences of decisions; -the interests of the Company's employees; -the need to foster strong business relationships with customers, suppliers and other stakeholders; -the impact of the Company's operations on the community and the environment; -the importance of maintaining high standards of business conduct; and -the need to act fairly between the members of the Company. The Directors achieve this through regular Board meetings, ongoing review of financial performance, effective risk management, and continuous engagement with employees, customers, suppliers and professional advisers. These considerations form an integral part of the Company's decision-making processes and support the achievement of its long-term strategic objectives.
This report was approved by the board on 31 July 2026 and signed on its behalf.



Mahmood Saleem
Director

Denny Enterprises Int'l Ltd
Independent auditor's report
to the members of Denny Enterprises Int'l Ltd

Opinion

We have audited the financial statements of Denny Enterprises Int’l Ltd for the year ended 31 March 2026 which comprise the Income Statement, Statement of Comprehensive Income, Statement of Financial Position, Statement of changes in Equity, Statement of Cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 March 2026 and of its profit for the year then ended;
• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice applicable; and
• have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other Information The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinions on Other Matters Prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit: • the information given in the Strategic Report and Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and • the Strategic Report and Director’s Report have been prepared in accordance with applicable legal requirements. Matters on Which We Are Required to Report by Exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: • adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or • the financial statements are not in agreement with the accounting records or returns; or • certain disclosures of directors' remuneration specified by law are not made; or • we have not received all the information and explanations we require for our audit.
Responsibilities of Directors As explained more fully in the Directors' Responsibilities Statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so. Auditor's Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows: • the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and knowledge of the Company to identify or recognise non-compliance with applicable laws and regulations; • we identified the laws and regulations applicable to the company through discussions with directors and other management and review of appropriate industry knowledge. Key laws and regulations we identified during the audit were the UK Companies Act 2006 and tax legislation, UK employment legislation and UK health and safety legislation; • we assessed the extent of compliance with the laws and regulations identified above by making enquiries of management; and • identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the Company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by: • making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and • considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bias and override of controls, we: • performed analytical procedures as a risk assessment tool to identify any unusual or unexpected relationships; • tested journal entries recorded on the Company’s finance system to identify unusual transactions that may indicate override of controls; • reviewed key judgements and estimates for any evidence of management bias; and • reviewed the application of accounting policies with focus on those with heightened estimation uncertainty. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to: • agreeing financial statement disclosures to underlying supporting documentation; and • enquiring of management to identify actual and potential litigation and claims. Due to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, as with any audit, there remains a higher risk of non detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing fraud or non-compliance with laws and regulations and cannot be expected to detect all fraud and non-compliance with laws and regulations. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
Use Of Our Report This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Dalvir S Johal (Senior Statutory auditor) for and on behalf of Ballantyne & Co , Statutory Auditor
31/07/2026
Ballantyne & Co Chartered Accountants & Registered Auditors 60 St. Enoch Square Glasgow G1 4AG

Denny Enterprises Int'l Ltd
Income Statement
for the year ended 31 March 2026


Notes		2026		2025
£			£

Turnover	2	30,622,631		22,200,919

Cost of sales		(23,957,907)		(19,829,390)

Gross profit		6,664,724		2,371,529

Administrative expenses		(2,848,198)		(2,436,903)
Other operating income		187,776		169,655

Operating profit	3	4,004,302		104,281

Interest receivable		156,043		15,883
Interest payable	5	-		(28,031)

Profit on ordinary activities before taxation		4,160,345		92,133

Tax on profit on ordinary activities	6	(1,043,083)		(15,592)

Profit for the financial year		3,117,262		76,541

Denny Enterprises Int'l Ltd
Statement of Comprehensive Income
for the year ended 31 March 2026


Notes	2026		2025
£		£

Profit for the financial year	3,117,262		76,541

Other comprehensive income

Total comprehensive income for the year	3,117,262		76,541

Denny Enterprises Int'l Ltd
Statement of Financial Position
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	8		1,010,164			914,230


Current assets
Stocks	9	5,019,796			6,571,943
Debtors	10	715,592			1,747,841
Investments held as current assets	11	3,000,000			2,000,000
Cash at bank and in hand		3,453,163			375,827
		12,188,551			10,695,611

Creditors: amounts falling due within one year	12	(4,081,002)			(5,459,377)

Net current assets			8,107,549			5,236,234

Total assets less current liabilities			9,117,713			6,150,464

Creditors: amounts falling due after more than one year	13		(76,018)			(142,481)

Provisions for liabilities
Deferred taxation	14		(73,647)			(39,629)

Net assets			8,968,048			5,968,354

Capital and reserves
Called up share capital	15		100			100
Profit and loss account	16		8,967,948			5,968,254

Total equity			8,968,048			5,968,354




Mahmood Saleem
Director
Approved by the board on 31 July 2026

Denny Enterprises Int'l Ltd
Statement of Changes in Equity
for the year ended 31 March 2026

Share		Profit		Total
capital		and loss
account
£		£		£

At 1 April 2024	100		5,959,281		5,959,381

Profit for the financial year			76,541		76,541

Dividends			(67,568)		(67,568)

At 31 March 2025	100		5,968,254		5,968,354



At 1 April 2025	100		5,968,254		5,968,354

Profit for the financial year			3,117,262		3,117,262

Dividends			(117,568)		(117,568)

At 31 March 2026	100		8,967,948		8,968,048

Denny Enterprises Int'l Ltd
Statement of Cash Flows
for the year ended 31 March 2026

Notes		2026		2025
£			£
Operating activities
Profit for the financial year		3,117,262		76,541

Adjustments for:
Interest receivable		(156,043)		(15,883)
Interest payable		-		28,031
Tax on profit on ordinary activities		1,043,083		15,592
Depreciation		130,356		116,117
Decrease/(increase) in stocks		1,552,147		(3,943,588)
Decrease/(increase) in debtors		1,032,249		(552,875)
(Decrease)/increase in creditors		(2,429,707)		3,888,081
		4,289,347		(387,984)

Interest received		156,043		15,883
Interest paid		-		(27,443)
Interest element of finance lease payments		-		(588)
Corporation tax paid		(18,740)		(561,067)

Cash generated by/(used in) operating activities		4,426,650		(961,199)

Investing activities
Payments to acquire tangible fixed assets		(226,290)		(90,415)
Payments to acquire investments		(1,000,000)		(2,000,000)

Cash used in investing activities		(1,226,290)		(2,090,415)

Financing activities
Equity dividends paid		(117,568)		(67,568)
Capital element of finance lease payments		-		(2,368)

Cash used in financing activities		(117,568)		(69,936)

Net cash generated/(used)
Cash generated by/(used in) operating activities		4,426,650		(961,199)
Cash used in investing activities		(1,226,290)		(2,090,415)
Cash used in financing activities		(117,568)		(69,936)

Net cash generated/(used)		3,082,792		(3,121,550)

Cash and cash equivalents at 1 April		363,645		3,485,195
Cash and cash equivalents at 31 March		3,446,437		363,645

Cash and cash equivalents comprise:
Cash at bank		3,453,163		375,827
HMRC Deferred account/ paypal payable	12	(6,726)		(12,182)
		3,446,437		363,645

Denny Enterprises Int'l Ltd
Notes to the Accounts
for the year ended 31 March 2026

1	Summary of significant accounting policies

	Basis of preparation
	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’, and the provisions of the Companies Act 2006. The financial statements present a true and fair view of the company’s financial position and performance. In the application of the company's accounting policies, the directors are required to make judgments, estimates and assumptions. The directors do not consider that there are any significant judgements or estimates affecting these financial statements
	Going Concern
	The financial statements have been prepared on a going concern basis. The directors have assessed the company’s ability to continue as a going concern for a period of at least twelve months from the date of approval of these financial statements. In making this assessment, the directors have considered the company’s financial position, cash flow forecasts, and available banking facilities. Based on this assessment, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

	Revenue
	Revenue represents the fair value of consideration received or receivable for goods supplied, net of VAT, discounts and expected returns. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the customer, the company retains no continuing involvement or control, the amount can be measured reliably, and it is probable that economic benefits will flow to the company. For online sales, revenue is recognised at the point when risks and rewards transfer to the customer, typically on dispatch or delivery in accordance with the company’s terms. Revenue is recognised net of provisions for expected returns, discounts and promotional incentives.
	Other Income
	Other operating income is recognised on an accruals basis, when the service has been provided, the amount can be measured reliably, and it is probable that the economic benefits will flow to the Company.
	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets

	Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated 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

	Freehold buildings			over 50 years
	Leasehold Improvements			over the lease term

	Motor Vehicles			over 5 years
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Investment property
	Investment property is initially recognised at cost and then subsequently measured at fair value. Changes in value are recognised in profit or loss.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Inventories are stated at the lower of cost and net realisable value. Cost is determined using the weighted average cost method. The cost of inventories comprises all costs of purchase, costs of conversion (where applicable), and other costs incurred in bringing the inventories to their present location and condition. Net realisable value is based on estimated selling price in the ordinary course of business, less estimated costs to complete and sell. Provision is made for slow-moving, obsolete or damaged inventories where appropriate The carrying amount of inventories recognised as an expense is included in cost of sales 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	The company operates a defined contribution pension scheme. Contributions to the scheme are recognised as an expense in profit or loss in the period in which they are incurred. Amounts not paid at the reporting date are included in creditors. The company has no further payment obligations once the contributions have been paid. Pension costs are included within staff costs in the profit and loss account.

2	Analysis of turnover					2026		2025
£							£

	Sale of goods					30,622,631		22,200,919

	By geographical market:

	UK					30,622,631		22,200,919


3	Operating profit					2026		2025
£							£
	This is stated after charging:

	Depreciation of owned fixed assets					130,354		116,118
	Auditors' remuneration for audit services					15,500		14,500
	Carrying amount of stock sold					10,962,678		10,220,940

4	Staff costs					2026		2025
£							£

	Wages and salaries					1,325,791		915,847
	Social security costs					131,857		59,293
	Other pension costs					130,737		126,643
						1,588,385		1,101,783


	Average number of employees during the year					Number	Number
						65		50
						65		50


5	Interest payable					2026		2025
£							£

	Other loans					-		27,443
	Finance charges payable under finance leases and hire purchase contracts					-		588
						-		28,031

6	Taxation					2026		2025
£							£
	Analysis of charge in period
	Current tax:
	UK corporation tax on profits of the period					1,009,065		21,221

	Deferred tax:
	Origination and reversal of timing differences					34,018		(5,629)


	Tax on profit on ordinary activities					1,043,083		15,592


	Factors affecting tax charge for period
	The differences between the tax assessed for the period and the standard rate of corporation tax are explained as follows:
						2026		2025
£							£
	Profit on ordinary activities before tax					4,160,345		92,133

	Standard rate of corporation tax in the UK					25%		25%

£							£
	Profit on ordinary activities multiplied by the standard rate of corporation tax					1,040,086		23,033

	Effects of:
	Expenses not deductible for tax purposes					(31,021)		(1,812)

	Current tax charge for period					1,009,065		21,221


7	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2025							1,500
	At 31 March 2026							1,500

	Amortisation
	At 1 April 2025							1,500
	At 31 March 2026							1,500

	Carrying amount
	At 31 March 2026							-

	Goodwill is being written off over 5 years

8	Tangible fixed assets
		Leasehold Improvements		Plant and machinery		Fixtures, fittings, tools and equipment		Total
		At cost		At cost		At cost
£			£		£		£
	Cost or valuation
	At 1 April 2025	599,549		611,402		271,291		1,482,242
	Additions	-		49,961		176,329		226,290
	At 31 March 2026	599,549		661,363		447,620		1,708,532

	Depreciation
	At 1 April 2025	62,529		392,089		113,394		568,012
	Charge for the year	11,991		80,200		38,165		130,356
	At 31 March 2026	74,520		472,289		151,559		698,368

	Carrying amount
	At 31 March 2026	525,029		189,074		296,061		1,010,164
	At 31 March 2025	537,020		219,313		157,897		914,230

	The assets’ residual values, useful economic lives and depreciation methods are reviewed at each reporting date and adjusted prospectively if appropriate.

9	Stocks					2026		2025
£							£

	Finished goods and goods for resale					5,019,796		6,571,943


10	Debtors					2026		2025
£							£

	Trade debtors					302,551		1,686,876
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					3,000		3,000
	Other debtors					344,415		37,200
	Prepayments and accrued income					65,626		20,765
						715,592		1,747,841


11	Investments held as current assets					2026		2025
£							£

	Term Deposit					3,000,000		2,000,000

	The balance represents funds held on term deposit with a UK financial institution. The deposit has a contractual maturity of one year and earns interest at commercial rates. The asset is measured at amortised cost and the directors consider the carrying value to be fully recoverable. The deposit is not listed on a recognised exchange.

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

	Overdrafts					6,726		12,182
	Trade creditors					2,294,067		4,268,960
	Corporation tax					1,011,546		21,221
	Other taxes and social security costs					678,902		681,618
	Other creditors					55,202		675
	Accruals and deferred income					34,559		474,721
						4,081,002		5,459,377


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

	Other creditors					76,018		142,481


14	Deferred taxation					2026		2025
£							£

	Accelerated capital allowances					73,647		39,629


						2026		2025
£							£

	At 1 April					39,629		45,258
	Charged/(credited) to the profit and loss account					34,018		(5,629)

	At 31 March					73,647		39,629



15	Share capital	Nominal		2026		2026		2025
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		-		100		100


16	Profit and loss account					2026		2025
£							£

	At 1 April					5,968,254		5,959,281
	Profit for the financial year					3,117,262		76,541
	Dividends					(117,568)		(67,568)

	At 31 March					8,967,948		5,968,254


17	Dividends					2026		2025
£							£

	Dividends on ordinary shares (note 16)					117,568		67,568

	No dividends were declared after the reporting date.

18	Events after the reporting date

	There have been no significant events affecting the company since the balance sheet date which require disclosure or adjustment to the financial statements.

19	Related party transactions

	The company leased premises from Denny SSAS, a pension scheme connected to the directors Rent Paid to Denny SSAS Trust during the year is £144,670 Business rates paid to Denny SSAS Trust during the year is 64,184 At 31 March 2026, an amount of £76,018 (2025: £142,481) was owed to the director. This balance is unsecured and interest-free. All transactions with related parties were undertaken on normal commercial terms and conditions.

20	Directors Remuneration

	Directors' salaries for the year was £48,304.52 (2025: £24,138.40)
	Retirement benefit contribution made for Directors amounted to £94,844 (2025: £94,444)

21	Presentation currency

	The financial statements are presented in Sterling.

22	Legal form of entity and country of incorporation

	Denny Enterprises Int'l Ltd is a private company limited by shares and incorporated in Scotland.

23	Principal place of business

	The address of the company's principal place of business and registered office is:
	Z1, Drybridge Park
	Shewalton Road
	Irvine
	Ayrshire
	KA11 5AL