| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 30 June 2026 |
| for |
| Wheat Fashion Limited |
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 30 June 2026 |
| for |
| Wheat Fashion Limited |
| Wheat Fashion Limited (Registered number: 14991618) |
| Contents of the Financial Statements |
| for the Year Ended 30 June 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Wheat Fashion Limited |
| Company Information |
| for the Year Ended 30 June 2026 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| 823 Salisbury House |
| 29 Finsbury Circus |
| London |
| EC2M 5QQ |
| Wheat Fashion Limited (Registered number: 14991618) |
| Balance Sheet |
| 30 June 2026 |
| 2026 | 2025 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Wheat Fashion Limited (Registered number: 14991618) |
| Notes to the Financial Statements |
| for the Year Ended 30 June 2026 |
| 1. | STATUTORY INFORMATION |
| Wheat Fashion Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The parent company has confirmed that it will maintain financial support for the foreseeable future to enable the company to continue normal trading operations. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably. |
| Cost of sales |
| Cost of sales comprises goods consumed in the financial year measured at cost. |
| Administrative expenses |
| Administrative expenses include expenses relating to the Entity's ordinary activities, including expenses for |
| premises, stationery and office supplies, marketing costs, etc. This item also includes writedowns of debtors recognised in current assets. |
| Staff costs |
| Staff costs comprise wages and salaries, and social security contributions, pension contributions, etc. for entity staff. |
| Pension cost 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. |
| Interest and similar income and charges |
| Interest and similar income and charges are recognised in the profit and loss account over the term of such instruments at a constant rate on the carrying amount. |
| Financial instruments |
| The company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. |
| Tangible fixed assets |
| Tangible assets are stated at cost, net of depreciation and any provision for impairment. |
| Depreciation on fixed assets is provided at rates estimated to write off the cost amounts, less estimated residual value, of each asset over its expected useful life as follows: |
| Computer equipment | 3-5 years |
| Furniture and equipment | 3-5 years |
| Wheat Fashion Limited (Registered number: 14991618) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| Stocks |
| Stocks are measured at the lower of cost and net realisable value. Cost consists of purchase price plus delivery cost. The net realisable value of stocks is calculated as the estimated selling price less costs incurred to execute sale. |
| Financial instruments |
| The company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. |
| Debtors |
| Debtors are valued individually and there are made provision according to this valuation. |
| Cash at bank and in hand |
| Cash at bank in hand includes cash holdings and bank deposits. |
| Creditors |
| Creditors are carried at payment or settlement amounts. Where the time value of money is material, creditors are carried at amortized cost. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Wheat Fashion Limited (Registered number: 14991618) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2026 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 July 2025 |
| Additions |
| At 30 June 2026 |
| DEPRECIATION |
| At 1 July 2025 |
| Charge for year |
| At 30 June 2026 |
| NET BOOK VALUE |
| At 30 June 2026 |
| At 30 June 2025 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| VAT | 17,692 | 2,079 |
| Deferred tax asset |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Social security and other taxes |
| Accruals and deferred income |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2026 | 2025 |
| value: | £ | £ |
| Ordinary | 1 | 100 | 100 |
| 8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| Wheat Fashion Limited (Registered number: 14991618) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2026 |
| 9. | OTHER FINANCIAL COMMITMENTS |
| At 30 June 2026 the company had total commitments under non-cancellable operating leases for buildings on GBP 30,000 (2025: GBP 38,103) |
| 10. | ULTIMATE CONTROLLING PARTY |
| The immediate parent undertaking is Wheat Kids Clothing UK Limited. |
| D1 HOLDING ApS (incorporated in Denmark) is the smallest group to consolidate these financial statements and copies can be obtained from:. |
| D1 HOLDING ApS |
| Grusbakken 12 |
| 2820 Gentofte |
| Denmark |