Whales Retail Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13524878

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		16,845		19,251
Tangible Assets	5		50,388		58,486

			67,233		77,737
CURRENT ASSETS
Stocks	6	150,000		125,000
Debtors	7	143,166		27,177
Cash at bank and in hand		45,978		17,646

		339,144		169,823
Creditors: Amounts Falling Due Within One Year	8	(652,433 )		(406,126 )

NET CURRENT ASSETS (LIABILITIES)			(313,289 )		(236,303 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(246,056 )		(158,566 )

Creditors: Amounts Falling Due After More Than One Year	9		(7,474 )		(10,688 )

NET LIABILITIES			(253,530 )		(169,254 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(253,630 )		(169,354 )

SHAREHOLDERS' FUNDS			(253,530)		(169,254)

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Whales Retail Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs M Mobey

Director

09/06/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Whales Retail Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13524878 . The registered office is Seven Grange Lane, Pitsford, Northampton, Northamptonshire, NN6 9AP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% SL
Plant & Machinery	15% RB
Motor Vehicles	25% RB

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2025: NIL)

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Whales Retail Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2025	24,063

As at 31 March 2026	24,063

Amortisation
As at 1 April 2025	4,812
Provided during the period	2,406

As at 31 March 2026	7,218

Net Book Value
As at 31 March 2026	16,845

As at 1 April 2025	19,251

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 April 2025	58,370	4,671	8,999	72,040

As at 31 March 2026	58,370	4,671	8,999	72,040

Depreciation
As at 1 April 2025	8,929	1,531	3,094	13,554
Provided during the period	5,837	785	1,476	8,098

As at 31 March 2026	14,766	2,316	4,570	21,652

Net Book Value
As at 31 March 2026	43,604	2,355	4,429	50,388

As at 1 April 2025	49,441	3,140	5,905	58,486

6. Stocks

	2026	2025
	£	£
Stock	150,000	125,000

7. Debtors

	2026	2025
	£	£
Due within one year
Amounts owed by group undertakings	107,246	684
Other debtors	35,920	26,493

	143,166	27,177

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Whales Retail Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	4,062	4,062
Bank loans and overdrafts	10	-
Amounts owed to group undertakings	642,531	392,169
Other creditors	4,990	6,551
Taxation and social security	840	3,344

	652,433	406,126

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Other creditors	7,474	10,688

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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