REGISTERED NUMBER: 04887058 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

TOWNSEND SUPPLIES LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

100,000

125,000

Tangible assets

5

32,079

40,075

132,079

165,075

CURRENT ASSETS

Stocks

224,986

242,500

Debtors

6

347,426

275,459

Cash at bank and in hand

1,042,408

1,186,545

1,614,820

1,704,504

CREDITORS

Amounts falling due within one year

7

853,260

955,808

NET CURRENT ASSETS

761,560

748,696

TOTAL ASSETS LESS CURRENT LIABILITIES

893,639

913,771

PROVISIONS FOR LIABILITIES

8,020

10,019

NET ASSETS

885,619

903,752

CAPITAL AND RESERVES

Called up share capital

126

126

Share premium

250,000

250,000

Retained earnings

635,493

653,626

SHAREHOLDERS' FUNDS

885,619

903,752

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2026 and were signed on its behalf by:

Mr R G M Evans - Director

1.	STATUTORY INFORMATION

Townsend Supplies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04887058

Registered office:

105 Vale Street

Denbigh

Denbighshire

LL16 3AW

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

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.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.33% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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 11 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

500,000

AMORTISATION

At 1 January 2025

375,000

Amortisation for year

25,000

At 31 December 2025

400,000

NET BOOK VALUE

At 31 December 2025

100,000

At 31 December 2024

125,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

67,288

8,793

416,556

12,591

505,228

Additions

-

800

-

1,685

2,485

At 31 December 2025

67,288

9,593

416,556

14,276

507,713

DEPRECIATION

At 1 January 2025

63,211

2,198

387,257

12,487

465,153

Charge for year

1,019

1,665

7,323

474

10,481

At 31 December 2025

64,230

3,863

394,580

12,961

475,634

NET BOOK VALUE

At 31 December 2025

3,058

5,730

21,976

1,315

32,079

At 31 December 2024

4,077

6,595

29,299

104

40,075

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

305,701

243,782

Other debtors

41,725

31,677

347,426

275,459

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

-

8,816

Trade creditors

269,525

229,720

Taxation and social security

88,376

61,314

Other creditors

495,359

655,958

853,260

955,808