Registration number:
Arrow County Supplies Limited
for the Year Ended 31 December 2025
Arrow County Supplies Limited
Contents
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Company Information |
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Strategic Report |
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Directors' Report |
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Statement of Directors' Responsibilities |
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Independent Auditor's Report |
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Profit and Loss Account |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Financial Statements |
Arrow County Supplies Limited
Company Information
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Directors |
Mr J R S Burton Mr D L Cousins Mr D D Stokes |
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Company secretary |
L M Brinkworth-Bell |
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Registered office |
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Auditors |
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Arrow County Supplies Limited
Strategic Report for the Year Ended 31 December 2025
The directors present their strategic report for the year ended 31 December 2025.
Principal activity
The principal activity of the company is that of wholesale of cleaning and janitorial products.
The immediate parent undertaking is Arrow County Holdings Limited. The ultimate parent and controlling party is Bunzl plc.
Business review
The net profit after tax for the financial period until trade was hived across to a group entity was £1,920,188 (2024 - £3,233,549).
Key performance indicators
The key performance indicators of Bunzl plc and its subsidiary undertakings (together the “Group”), which includes the Company, are described in the Bunzl plc Annual Report 2025 on pages 36 and 37.
Principal risks and uncertainties
The risks facing the company are constantly monitored. The directors are of the opinion that the principal risks facing the company relate to the wider economic conditions which influence the demand for its products and impact on its supply chain.
Credit risk is closely monitored within the business to reduce the exposure to potential economic loss from the non-recoverability of debtors.
The directors are mindful of health and safety regulatory compliance and all aspects of public liability are comprehensively covered by appropriate insurance policies.
Transfer of trade and assets
As explained in Note 27 to the financial statements, on 30 September 2025, the Company's trade, assets and liabilities were sold to Bunzl UK Limited, another subsidiary within the Group, in exchange for an intercompany asset of £17,775,135. All assets and liabilities were transferred at their carrying amounts.
Arrow County Supplies Limited
Strategic Report for the Year Ended 31 December 2025
Section 172 statement
The Board of directors of Arrow County Supplies Limited recognises the importance of understanding the views of the Company’s key stakeholders. From the perspective of the Board, as a result of the Group governance structure, the matters that the Board is responsible for considering under Section 172 of the Companies Act 2006 ("s172") have been considered to an appropriate extent by the Board of directors of
Bunzl plc (the ‘Group Board’), the ultimate parent and controlling party, in relation both to the Group and to the Company. The Board has also considered relevant matters where appropriate. To the extent necessary for an understanding of the development, performance and position of the Company, an explanation of how the Group Board has considered the matters set out in s172 (for the Group and for the Company) is set out on pages 62 to 65 of Bunzl plc’s 2025 Annual Report, which does not form part of this report. The Bunzl plc Annual Report 2025 is available at www.bunzl.com.
Approved and authorised by the
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Registered office:
Arrow County Supplies Limited
Directors' Report for the Year Ended 31 December 2025
The directors present their report and the financial statements for the year ended 31 December 2025.
Directors of the company
The directors who held office during the year were as follows:
Dividends
No interim dividends (2024 - £411,049) were paid during the year. The directors do not recommend payment of a final dividend.
Financial instruments
The company's principal financial instruments comprise bank balances, trade debtors and creditors and intercompany borrowings.
Bank balances are held in a way that achieves a competitive rate of interest.
Donations
The company made no political donations during the year (2024 - £nil).
During the year the company made charitable donations totalling £5,224 (2024 - £602,909) to national and regional charities, which included The Christian Institute, the Food Bank and Severn Hospice.
Going concern
The financial statements have been prepared on a basis other than a going concern basis. The trade and net assets of the company were hived up into Bunzl UK Limited, a fellow subsidiary, during the year ended 31 December 2025. There is sufficient group support to ensure that all company liabilities will be met as they fall due.
Directors' indemnities
Indemnities were in force from 22 October 2024, being the date on which the company was acquired by a subsidiary undertaking of Bunzl plc, and remain in force as at the date of this report, under which Bunzl plc, the ultimate parent company of the company, has agreed to indemnify the company's directors and the Company Secretary, to the extent permitted by law and Bunzl plc's Articles of Association, in respect of all losses arising out of or in connection with the execution of their powers, duties and responsibilities as a director or officer of the company.
Arrow County Supplies Limited
Directors' Report for the Year Ended 31 December 2025
Disclosure of information to the auditors
As at the date of approval of this Directors’ report, each of the directors of the Company confirms that:
• so far as they are aware, there is no relevant audit information of which the Company’s auditors are unaware; and
• each director has taken all steps that they ought to have taken as a director to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.
This confirmation is given and should be interpreted in accordance with the provisions of section 418 of the Companies Act 2006.
Reappointment of auditors
The company has abolished the requirement to hold annual general meetings. Subject to the receipt of any objections as provided under statute or the company's Articles of Association, the company is relying on the provisions as provided under section 487 of the Companies Act 2006 for the deemed reappointment of CBSL Accountants Limited as auditors.
This confirmation is given and should be interpreted in accordance with the provisions of section 418 of the Companies Act 2006.
Approved and authorised by the
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Registered office:
Arrow County Supplies Limited
Statement of Directors' Responsibilities
The directors acknowledge their responsibilities for preparing the Annual Report and the 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 (United Kingdom Accounting Standards 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:
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select suitable accounting policies and apply them consistently; |
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make judgements and accounting estimates that are reasonable and prudent; |
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state whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and |
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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.
Directors' confirmations
Each of the directors, whose names and functions are listed in the Directors’ report, confirm that, to the best of their knowledge:
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the company financial statements, which have been prepared in accordance with United Kingdom Accounting Standards, comprising FRS 102, give a true and fair view of the assets, liabilities, financial position and profit of the company; and |
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the Strategic report includes a fair review of the development and performance of the business and the position of the company, together with a description of the principal risks and uncertainties that it faces. |
Approved and authorised by the
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Registered office:
Arrow County Supplies Limited
Independent Auditor's Report to the Members of Arrow County Supplies Limited
Opinion
We have audited the financial statements of Arrow County Supplies Limited (the 'company') for the year ended 31 December 2025, which comprise the Profit and Loss Account, Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity, and Notes to the Financial Statements, 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, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
• | give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its profit for the year then ended; |
• | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; 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 auditor 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 UK, including the FRC’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.
Other information
The directors are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. 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 there is a material misstatement in the financial statements or a material misstatement of the other information. 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.
Opinion on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
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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 |
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the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements. |
Arrow County Supplies Limited
Independent Auditor's Report to the Members of Arrow County Supplies Limited
Matters on which we are required to report by exception
In the light of our 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 and the Directors' Report.
We have nothing to report in respect of the following matters where 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 and 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 Statement of Directors' Responsibilities [set out on page 6], 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.
Arrow County Supplies Limited
Independent Auditor's Report to the Members of Arrow County Supplies Limited
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
• We obtained an understanding of the legal and regulatory frameworks that are applicable to this company and its sector and determined that the most significant are those relating to the reporting framework and the relevant UK tax legislation.
• We understood how the company is complying with those frameworks by making enquiries of management and those responsible for legal and compliance procedures.
• As an audit engagement team, we assessed the susceptibility of the company’s financial statements to material misstatement including how fraud might occur and considered the opportunities and incentives that may exist within the company for fraud. We considered the controls that the company has established to address the risks identified to prevent, deter and detect fraud; and how the management and directors monitor those controls.
• Based on our understanding we designed our audit procedures to identify non-compliance with laws and regulations. Those procedures involved: - enquiries of management and those charged with governance; - journal entry testing; - assessing whether judgements in making accounting estimates are indicative of a potential bias; and – evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.
• Where the risk was considered to be higher, we performed audit procedures to address each identified fraud risk or other risk of material misstatement. These procedures included revenue recognition and testing manual journals and were designed to provide reasonable assurance that the financial statements were free from fraud or error.
• We remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
Arrow County Supplies Limited
Independent Auditor's Report to the Members of Arrow County Supplies Limited
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 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.
For and on behalf of
Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shropshire
SY2 6LG
Arrow County Supplies Limited
Profit and Loss Account for the Year Ended 31 December 2025
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Note |
2025 |
2024 |
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Turnover |
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Cost of sales |
( |
( |
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Gross profit |
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Administrative expenses |
( |
( |
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Other operating income |
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Operating profit |
2,477,033 |
1,886,816 |
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Gain on tangible assets |
- |
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Other interest receivable and similar income |
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Interest payable and similar expenses |
( |
( |
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151,313 |
2,098,377 |
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Profit before tax |
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Tax on profit |
( |
( |
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Profit for the financial year |
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The above results were derived from continuing operations.
Arrow County Supplies Limited
(Registration number: 06355141)
Balance Sheet as at 31 December 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Intangible assets |
- |
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Tangible assets |
- |
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- |
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Current assets |
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Stocks |
- |
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Debtors |
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Cash at bank and in hand |
- |
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Creditors: Amounts falling due within one year |
- |
( |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
- |
( |
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Provisions for liabilities |
- |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
3,382,154 |
3,382,154 |
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Retained earnings |
14,392,981 |
12,472,793 |
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Shareholders' funds |
17,775,135 |
15,854,947 |
Approved and authorised by the
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Registered office:
Arrow County Supplies Limited
Statement of Changes in Equity for the Year Ended 31 December 2025
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Share capital |
Retained earnings |
Total |
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At 1 January 2025 |
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Profit for the year |
- |
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At 31 December 2025 |
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Share capital |
Retained earnings |
Total |
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At 1 January 2024 |
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Profit for the year |
- |
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Dividends |
- |
( |
( |
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At 31 December 2024 |
3,382,154 |
12,472,793 |
15,854,947 |
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
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General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
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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 were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.
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.
The financial statements are presented in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
Summary of disclosure exemptions
The company has taken advantage of the disclosure exemption under section 1.12 of FRS 102 to not present a statement of cash flows.
Going concern
The financial statements have been prepared on a basis other than a going concern basis. The trade and net assets of the company were hived into Bunzl UK Limited, a fellow subsidiary, during the year ended 31 December 2025. There is sufficient group support to ensure that all company liabilities will be met as they fall due.
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. |
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. |
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.
Government grants
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.
A grant that specifies performance conditions is recognised when the performance conditions are met. Where a grant does not specifiy performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satfisfied is recognised as a liability.
Foreign currency transactions and balances
Tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.
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:
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Asset class |
Depreciation method and rate |
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Freehold property |
2% straight line |
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Motor vehicles |
25% reducing balance |
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Furniture and fititngs |
25% reducing balance |
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Plant and equipment |
25% reducing balance |
Goodwill
Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
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Asset class |
Amortisation method and rate |
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Website and software |
33.33% straight line |
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Goodwill |
10% straight line |
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Brand |
33.33% 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.
Bank overdrafts are shown within borrowings in current liabilities.
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
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.
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 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.
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.
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
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Turnover |
The analysis of the company's Turnover for the year from continuing operations is as follows:
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2025 |
2024 |
|
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Janitorial supplies |
|
|
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Other operating income |
The analysis of the company's other operating income for the year is as follows:
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2025 |
2024 |
|
|
Government grants |
|
|
|
Miscellaneous other operating income |
|
|
|
|
|
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Other gains and losses |
The analysis of the company's other gains and losses for the year is as follows:
|
2025 |
2024 |
|
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Loss on disposal of tangible assets |
( |
( |
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Gain from sales of properties |
- |
|
|
(21,171) |
1,905,382 |
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
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Operating profit |
Arrived at after charging/(crediting)
|
2025 |
2024 |
|
|
Depreciation expense |
|
|
|
Amortisation expense |
|
|
|
Loss on disposal of property, plant and equipment |
|
|
|
Other interest receivable and similar income |
|
2025 |
2024 |
|
|
Interest income on bank deposits |
|
|
|
Other finance income |
|
|
|
|
|
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Interest payable and similar expenses |
|
2025 |
2024 |
|
|
Interest on bank overdrafts and borrowings |
- |
|
|
Interest on obligations under finance leases and hire purchase contracts |
|
|
|
|
|
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
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Staff costs |
The aggregate payroll costs (including directors' remuneration) were as follows:
|
2025 |
2024 |
|
|
Wages and salaries |
|
|
|
Social security costs |
|
|
|
Pension costs, defined contribution scheme |
|
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Other employee expense |
|
|
|
|
|
The average number of persons employed by the company (including directors) during the year, analysed by category was as follows:
|
2025 |
2024 |
|
|
Other departments |
|
|
|
|
|
|
Directors' remuneration |
The directors' remuneration for the year was as follows:
|
2025 |
2024 |
|
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Remuneration |
- |
|
Since the Arrow Group was acquired by the Bunzl plc Group, the directors received no fees or other remuneration from the company during the year. They were employed by another member of the Group and were remunerated by it in respect of their services to the Group as a whole. It is not considered practical or possible to accurately apportion these costs to each Group entity of which the directors are officers. Their emoluments are dealt with in the consolidated financial statements of Bunzl plc.
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Auditors' remuneration |
|
2025 |
2024 |
|
|
Audit of the financial statements |
|
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Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
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Taxation |
Tax charged/(credited) in the profit and loss account
|
2025 |
2024 |
|
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Current taxation |
||
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UK corporation tax |
|
|
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Deferred taxation |
||
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Arising from origination and reversal of timing differences |
- |
( |
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Tax expense in the income statement |
|
|
The tax on profit before tax for the year is the same as the standard rate of corporation tax in the UK (2024 - the same as the standard rate of corporation tax in the UK) of
The differences are reconciled below:
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2025 |
2024 |
|
|
Profit before tax |
|
|
|
Corporation tax at standard rate |
|
|
|
Tax increase from effect of capital allowances and depreciation |
- |
|
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Effect of expense not deductible in determining taxable profit (tax loss) |
- |
|
|
Increase from tax losses for which no deferred tax asset was recognised |
|
- |
|
Deferred tax expense from unrecognised temporary difference from a prior period |
- |
|
|
Tax decrease from effect of indexation allowance on capital gains |
- |
( |
|
Total tax charge |
|
|
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
Deferred tax
Deferred tax assets and liabilities
|
2024 |
Asset |
Liability |
|
Accelerated capital allowances |
- |
|
|
Short term timing differences |
|
- |
|
|
|
|
Intangible assets |
|
Goodwill |
Website and software costs |
Other intangible assets |
Total |
|
|
Cost or valuation |
||||
|
At 1 January 2025 |
|
|
|
|
|
Additions acquired separately |
- |
|
|
|
|
Disposals |
( |
( |
( |
( |
|
At 31 December 2025 |
- |
- |
- |
- |
|
Amortisation |
||||
|
At 1 January 2025 |
|
|
|
|
|
Amortisation charge |
- |
|
|
|
|
Amortisation eliminated on disposals |
( |
( |
( |
( |
|
At 31 December 2025 |
- |
- |
- |
- |
|
Carrying amount |
||||
|
At 31 December 2025 |
- |
- |
- |
- |
|
At 31 December 2024 |
- |
|
- |
|
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
|
Tangible assets |
|
Furniture, fittings and equipment |
Motor vehicles |
Other tangible assets |
Total |
|
|
Cost or valuation |
||||
|
At 1 January 2025 |
|
|
|
|
|
Additions |
|
|
- |
|
|
Disposals |
( |
( |
( |
( |
|
At 31 December 2025 |
- |
- |
- |
- |
|
Depreciation |
||||
|
At 1 January 2025 |
|
|
|
|
|
Charge for the year |
|
|
|
|
|
Eliminated on disposal |
( |
( |
( |
( |
|
At 31 December 2025 |
- |
- |
- |
- |
|
Carrying amount |
||||
|
At 31 December 2025 |
- |
- |
- |
- |
|
At 31 December 2024 |
|
|
|
|
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
Assets held under finance leases and hire purchase contracts
The net carrying amount of tangible assets includes the following amounts in respect of assets held under finance leases and hire purchase contracts:
|
2025 |
2024 |
|
|
Motor vehicles |
- |
121,084 |
During the year the depreciation charge in respect of tangible assets under finance leases and hire purchase contracts totalled £nil (2024 - £25,414).
|
Stocks |
|
2025 |
2024 |
|
|
Finished goods and goods for resale |
- |
|
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
|
Debtors |
|
Current |
Note |
2025 |
2024 |
|
Trade debtors |
- |
|
|
|
Amounts owed by related parties |
|
|
|
|
Other debtors |
- |
|
|
|
Prepayments |
- |
|
|
|
|
|
|
Cash and cash equivalents |
|
2025 |
2024 |
|
|
Cash on hand |
- |
|
|
Cash at bank |
- |
|
|
Short-term deposits |
- |
|
|
- |
|
|
Creditors |
|
Note |
2025 |
2024 |
|
|
Due within one year |
|||
|
Loans and borrowings |
- |
|
|
|
Trade creditors |
- |
|
|
|
Social security and other taxes |
- |
|
|
|
Outstanding defined contribution pension costs |
- |
|
|
|
Other payables |
- |
|
|
|
Accruals |
- |
|
|
|
Income tax liability |
- |
531,636 |
|
|
Deferred income |
- |
|
|
|
- |
|
||
|
Due after one year |
|||
|
Loans and borrowings |
- |
|
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
|
Provisions for liabilities |
|
Deferred tax |
Total |
|
|
At 1 January 2025 |
|
|
|
Increase (decrease) in existing provisions |
( |
( |
|
At 31 December 2025 |
- |
- |
|
|
||
|
Pension and other schemes |
Defined contribution pension scheme
The company operates a defined contribution pension scheme for all qualifying employees. The pension cost charge for the year represents contributions payable by the company to the scheme and amounted to £
Contributions totalling £Nil (2024 - £
|
Share capital |
Allotted, called up and fully paid shares
|
2025 |
2024 |
|||
|
No. |
£ |
No. |
£ |
|
|
|
|
3,382,154 |
|
3,382,154 |
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
|
Loans and borrowings |
Non-current loans and borrowings
|
2025 |
2024 |
|
|
Finance lease liabilities |
- |
|
Current loans and borrowings
|
2025 |
2024 |
|
|
Finance lease liabilities |
- |
|
Finance lease liabilities are secured upon the asset to which they relate.
|
Obligations under leases and hire purchase contracts |
Finance leases
The total of future minimum lease payments is as follows:
|
2025 |
2024 |
|
|
Not later than one year |
- |
|
|
Later than one year and not later than five years |
- |
|
|
- |
|
Operating leases
The total of future minimum lease payments is as follows:
|
2025 |
2024 |
|
|
Not later than one year |
- |
|
|
Later than one year and not later than five years |
- |
|
|
- |
|
|
Dividends |
No interim dividends were paid during the year (2024 - £411,049). No final dividends were paid (2024 - £nil).
|
Related party transactions |
The company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
Arrow County Supplies Limited
Notes to the Financial Statements for the Year Ended 31 December 2025
|
Parent and ultimate parent undertaking |
The company's immediate parent is
The most senior parent entity producing publicly available financial statements is
27 Transfer of trade and assets
On 30 September 2025, the Company's trade, assets and liabilities were sold to Bunzl UK Limited, another subsidiary within the Group, in exchange for an intercompany asset of £17,775,135. All assets and liabilities were transferred at their carrying amounts.