P S WHOLESALE LIMITED

Company Registration Number:
05313621 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2026

Period of accounts

Start date: 01 February 2025

End date: 31 January 2026

P S WHOLESALE LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2026

Balance sheet
Notes

P S WHOLESALE LIMITED

Balance sheet

As at 31 January 2026


Notes
2026
2025


£
£
Fixed assets
Intangible assets: 3 0 8,200
Tangible assets: 4 10,359 6,438
Total fixed assets: 10,359 14,638
Current assets
Stocks: 428,421 610,204
Debtors:   93,301 1,338,411
Cash at bank and in hand: 229,982 72,231
Total current assets: 751,704 2,020,846
Creditors: amounts falling due within one year:   (504,082) (299,729)
Net current assets (liabilities): 247,622 1,721,117
Total assets less current liabilities: 257,981 1,735,755
Total net assets (liabilities): 257,981 1,735,755
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 257,881 1,735,655
Shareholders funds: 257,981 1,735,755

The notes form part of these financial statements

P S WHOLESALE LIMITED

Balance sheet statements

For the year ending 31 January 2026 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 October 2026
and signed on behalf of the board by:

Name: Sunny Slater
Status: Director

The notes form part of these financial statements

P S WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2026

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue from the sale Of goods is recognised When the company has transferred to the buyer significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will now to the company and the costs incurred or to be incurred in respect Of the transition can be measured reliably.

Tangible fixed assets and depreciation policy

All fixed assets are initially recorded at cost. Property, plant and equipment used in the company's principal activity for the production and supply of goods or for administrative purposes is stated in the balance sheet under the historic cost model. This model requires assets to be stated at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is charged at 25% per annum on a reducing balance basis.

P S WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2026

2. Employees

2026 2025
Average number of employees during the period 3 2

P S WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2026

3. Intangible Assets

Total
Cost £
At 01 February 2025 82,000
At 31 January 2026 82,000
Amortisation
At 01 February 2025 73,800
Charge for year 8,200
At 31 January 2026 82,000
Net book value
At 31 January 2026 0
At 31 January 2025 8,200

P S WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2026

4. Tangible Assets

Total
Cost £
At 01 February 2025 20,242
Additions 6,283
Disposals (1,210)
At 31 January 2026 25,315
Depreciation
At 01 February 2025 13,804
Charge for year 1,762
On disposals (610)
At 31 January 2026 14,956
Net book value
At 31 January 2026 10,359
At 31 January 2025 6,438

P S WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2026

5. Financial commitments

At 31 January 2026, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £97,500 (2025 - £127,500).

P S WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2026

6. Loans to directors

Included within other creditors are directors' loan accounts of £56,571 (2025 - £60,696). This amount is interest-free and repayable on demand.

P S WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2026

7. Related party transactions

During the year, the company entered into transactions with related parties. At the year end, an amount of £286,500 (2025: £185,924 ) was owing to Benco Supplies Limited . At the year end, the company was owed £79,340 (2025: £1,297,952) from P S Wholesale Group Limited. The balances are unsecured, interest-free and repayable on demand.