Direct Boot and Shoe Supplies Ltd. Accounts


						Registered number
						02997688


	Direct Boot and Shoe Supplies Ltd.
	Filleted Accounts
	30 November 2025



at	30 November 2025
Company No.		02997688
			Notes		2025		2024
					£		£
Fixed assets

	Tangible assets		4		22,831		3,944,601
	Investment property		5		10,215,020		4,455,000

					10,237,851		8,399,601
Current assets

	Debtors		6	199,617		319,288

	Cash at bank and in hand			292,027		353,139
				491,644		672,427
Creditors: Amount falling due within one year			7	(140,195)	()	(86,575)	()
Net current assets					351,449		585,852
Total assets less current liabilities					10,589,300		8,985,453
Creditors: Amounts falling due after more than one year			8		(3,045,000)		(3,045,000)
Provisions for liabilities
	Deferred taxation				(619,175)		(224,808)

Net assets					6,925,125		5,715,645

Capital and reserves
	Called up share capital				1,000		1,000

	Fair value reserve		9		2,598,714		1,415,614

	Profit and loss account		9		4,325,411		4,299,031

Total equity					6,925,125		5,715,645



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 07 September 2026 and signed on its behalf by:
M. Cooper
Director
07 September 2026

for the year ended 30 November 2025

General information

Direct Boot and Shoe Supplies Ltd. is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 02997688

Its registered office is:

Bank Chambers

1 3 Woodford Avenue

Gants Hill Ilford

Essex

IG2 6UF

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is rental income received.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

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

Fixtures and fittings

15% reducing balance

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	20

4	Tangible fixed assets
			Fixtures and fittings	Total
			£	£
		Cost or revaluation
		At 1 December 2024	21,600	21,600
		Additions	8,500	8,500



		At 30 November 2025	30,100	30,100
		Depreciation
		At 1 December 2024	3,240	3,240
		Charge for the year	4,029	4,029



		At 30 November 2025	7,269	7,269
		Net book values
		At 30 November 2025	22,831	22,831
		At 30 November 2024	18,360	18,360

5	Investment property
			Freehold Investment Property
			£
		Valuation
		At 1 December 2024	4,455,000
		Transfer from Freehold Property	4,182,553
		Revaluation	1,577,467

		At 30 November 2025	10,215,020

6	Debtors
			2025	2024
			£	£
		Trade debtors	15,000	23,284




		Loans to directors	-	54,785
		Other debtors	184,617	241,219

			199,617	319,288

7	Creditors:
		amounts falling due within one year
			2025	2024
			£	£




		Trade creditors	213	23,727

		Taxes and social security	36,892	16,861
		Loans from directors	73,921	-
		Other creditors	29,169	45,987

			140,195	86,575

8	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans	3,045,000	3,045,000






			3,045,000	3,045,000

9	Fair value reserve
			Fair value reserve	Total other reserves
			£	£
		At 1 December 2023	1,415,614	1,415,614



		At 30 November 2024 and 1 December 2024	1,415,614	1,415,614
		Movement on revaluation reserve	1,577,467	1,577,467
		Deferred taxation	(394,367)	(394,367)

		At 30 November 2025	2,598,714	2,598,714

		Fair value reserve - reflects the revaluation of investment properties.


		Profit and loss account - includes all current and prior period retained profits and losses.

10	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	60,000	59,000

			60,000	59,000

		Dividends by type:

		Equity dividends	60,000	59,000
			60,000	59,000