REGISTERED NUMBER: 07135327 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Direct Parts Supply Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Rhys Davies

Susan Davies

Mr Dylan Jake Cotton

Mr Jacob Andrew Davies

REGISTERED OFFICE:

339 Chorley New Road

Horwich

Bolton

Lancashire

BL6 5PP

REGISTERED NUMBER:

07135327 (England and Wales)

ACCOUNTANTS:

McKendrey Accountants Ltd

Chartered Certified Accountants

168 Lee Lane

Horwich

Bolton

Lancashire

BL6 7AF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

35,297

44,634

35,297

44,634

CURRENT ASSETS

Stocks

6

11,101

13,210

Debtors

7

39,632

27,338

Cash at bank and in hand

213,946

265,191

264,679

305,739

CREDITORS

Amounts falling due within one year

8

(201,870

)

(219,216

)

NET CURRENT ASSETS

62,809

86,523

TOTAL ASSETS LESS CURRENT LIABILITIES

98,106

131,157

CREDITORS

Amounts falling due after more than one year

9

(36,824

)

(45,722

)

NET ASSETS

61,282

85,435

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

61,278

85,431

SHAREHOLDERS' FUNDS

61,282

85,435

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2026 and were signed on its behalf by:

Rhys Davies - Director

1.	STATUTORY INFORMATION

Direct Parts Supply Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 2010, is being amortised evenly over its estimated useful life of four 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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

20,000

AMORTISATION

At 1 February 2025

and 31 January 2026

20,000

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 February 2025

23,692

7,445

57,845

88,982

Additions

-

2,428

-

2,428

At 31 January 2026

23,692

9,873

57,845

91,410

DEPRECIATION

At 1 February 2025

22,941

6,944

14,463

44,348

Charge for year

188

732

10,845

11,765

At 31 January 2026

23,129

7,676

25,308

56,113

NET BOOK VALUE

At 31 January 2026

563

2,197

32,537

35,297

At 31 January 2025

751

501

43,382

44,634

6.

STOCKS

2026

2025

£

£

Stocks

11,101

13,210

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

38,178

25,801

Prepayments

1,454

1,537

39,632

27,338

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

8,898

8,898

Trade creditors

29,193

37,615

Tax

28,035

20,432

VAT

15,941

14,119

Directors' loan accounts

116,880

136,152

Accrued expenses

2,923

2,000

201,870

219,216

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

36,824

45,722

10.	RELATED PARTY DISCLOSURES

Included in creditors is ana mount of £116,880 owed to the directors.