Registration number:
Grocer's Brokers Limited
for the Year Ended 31 March 2026
Grocer's Brokers Limited
Contents
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Director's Report |
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Balance Sheet |
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Notes to the Financial Statements |
Grocer's Brokers Limited
Director's Report for the Year Ended 31 March 2026
The director presents his report and the financial statements for the year ended 31 March 2026.
Director of the company
The director who held office during the year was as follows:
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Grocer's Brokers Limited
(Registration number: 01816523)
Balance Sheet as at 31 March 2026
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Fixed assets |
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Tangible assets |
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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 |
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Retained earnings |
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Shareholders' funds |
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Grocer's Brokers Limited
(Registration number: 01816523)
Balance Sheet as at 31 March 2026
For the financial 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.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Grocer's Brokers Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
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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 have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
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.
These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods 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;
Tax
The tax expense for the period comprises current and deferred tax.
The current 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.
Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company.
Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Grocer's Brokers Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
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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Improvements to leasehold |
straight line over 5 years |
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Fixtures, fittings and computer equipment |
20% reducing balance / straight line over 3 years |
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Motor vehicles |
20% reducing balance |
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Plant and machinery |
20% reducing balance |
Stocks
Stocks are valued as the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Grocer's Brokers Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
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Tangible assets |
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Improvements to leasehold |
Fixtures, fittings and computer equipment |
Motor vehicles |
Plant and machinery |
Total |
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Cost or valuation |
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At 1 April 2025 |
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Additions |
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At 31 March 2026 |
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Depreciation |
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At 1 April 2025 |
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Charge for the year |
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At 31 March 2026 |
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Carrying amount |
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At 31 March 2026 |
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At 31 March 2025 |
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Grocer's Brokers Limited
Notes to the Financial Statements for the Year Ended 31 March 2026
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Debtors |
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Trade debtors |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
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2026 |
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Due within one year |
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Loans and borrowings |
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Trade creditors |
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Amounts owed to participating interests |
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Other creditors |
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Creditors: amounts falling due after more than one year
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Note |
2026 |
2025 |
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Due after one year |
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Loans and borrowings |
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Loans and borrowings |
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2026 |
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Current loans and borrowings |
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Bank loan |
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Bank overdraft |
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Non-current loans and borrowings |
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Bank loan |
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