IRIS Accounts Production v23.1.5.20 06657750 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure 06657750 2022-03-31 06657750 2023-03-31 06657750 2022-04-01 2023-03-31 06657750 2021-03-31 06657750 2021-04-01 2022-03-31 06657750 2022-03-31 06657750 ns16:EnglandWales 2022-04-01 2023-03-31 06657750 ns15:PoundSterling 2022-04-01 2023-03-31 06657750 ns11:Director1 2022-04-01 2023-03-31 06657750 ns11:Director2 2022-04-01 2023-03-31 06657750 ns11:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06657750 ns11:SmallEntities 2022-04-01 2023-03-31 06657750 ns11:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 06657750 ns11:SmallCompaniesRegimeForDirectorsReport 2022-04-01 2023-03-31 06657750 ns11:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 06657750 ns11:FullAccounts 2022-04-01 2023-03-31 06657750 1 2022-04-01 2023-03-31 06657750 ns11:Director3 2022-04-01 2023-03-31 06657750 ns11:CompanySecretary1 2022-04-01 2023-03-31 06657750 ns11:RegisteredOffice 2022-04-01 2023-03-31 06657750 ns6:CurrentFinancialInstruments 2023-03-31 06657750 ns6:CurrentFinancialInstruments 2022-03-31 06657750 ns6:Non-currentFinancialInstruments 2023-03-31 06657750 ns6:Non-currentFinancialInstruments 2022-03-31 06657750 ns6:ShareCapital 2023-03-31 06657750 ns6:ShareCapital 2022-03-31 06657750 ns6:RetainedEarningsAccumulatedLosses 2023-03-31 06657750 ns6:RetainedEarningsAccumulatedLosses 2022-03-31 06657750 ns6:IntangibleAssetsOtherThanGoodwill 2022-04-01 2023-03-31 06657750 ns6:PlantMachinery 2022-04-01 2023-03-31 06657750 ns6:FurnitureFittings 2022-04-01 2023-03-31 06657750 ns6:MotorVehicles 2022-04-01 2023-03-31 06657750 ns6:NetGoodwill 2022-03-31 06657750 ns6:NetGoodwill 2022-04-01 2023-03-31 06657750 ns6:NetGoodwill 2023-03-31 06657750 ns6:NetGoodwill 2022-03-31 06657750 ns6:PlantMachinery 2022-03-31 06657750 ns6:FurnitureFittings 2022-03-31 06657750 ns6:MotorVehicles 2022-03-31 06657750 ns6:PlantMachinery 2023-03-31 06657750 ns6:FurnitureFittings 2023-03-31 06657750 ns6:MotorVehicles 2023-03-31 06657750 ns6:PlantMachinery 2022-03-31 06657750 ns6:FurnitureFittings 2022-03-31 06657750 ns6:MotorVehicles 2022-03-31 06657750 ns6:WithinOneYear ns6:CurrentFinancialInstruments 2023-03-31 06657750 ns6:WithinOneYear ns6:CurrentFinancialInstruments 2022-03-31 06657750 ns6:AfterOneYear ns6:Non-currentFinancialInstruments 2023-03-31 06657750 ns6:AfterOneYear ns6:Non-currentFinancialInstruments 2022-03-31 06657750 ns6:DeferredTaxation 2022-03-31 06657750 ns6:DeferredTaxation 2022-04-01 2023-03-31 06657750 ns6:DeferredTaxation 2023-03-31

REGISTERED NUMBER: 06657750 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Specialised Movers Limited

| Specialised Movers Limited (Registered number: 06657750) |

Contents of the Financial Statements

for the Year Ended 31 March 2023

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Specialised Movers Limited |

Company Information

for the Year Ended 31 March 2023

| DIRECTORS: | Mrs C Shaw

| N Shaw

| P Simpson

| SECRETARY: | Mrs C Shaw

| REGISTERED OFFICE: | 314 Petre Street

| Sheffield

| South Yorkshire

| S4 8LU

| REGISTERED NUMBER: | 06657750 (England and Wales)

| ACCOUNTANTS: | Hawson Jefferies

| Suite 4

| 164-170 Queens Road

| Sheffield

| South Yorkshire

| S2 4DH

| Specialised Movers Limited (Registered number: 06657750) |

Balance Sheet

31 March 2023

| 31.3.23 | 31.3.22 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 8,350 |  | 10,020 |  |

Tangible assets | 5 | 502,408 |  | 577,840 |  |

510,758 |  | 587,860 |  |

CURRENT ASSETS

Stocks | 25,937 |  | 69,774 |  |

Debtors | 6 | 1,152,655 |  | 683,577 |  |

Cash at bank and in hand | 49,038 |  | 670,139 |  |

1,227,630 |  | 1,423,490 |  |

CREDITORS

Amounts falling due within one year | 7 | 835,555 |  | 661,797 |  |

NET CURRENT ASSETS | 392,075 |  | 761,693 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 902,833 |  | 1,349,553 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (45,419 | ) | (35,362 | ) |

PROVISIONS FOR LIABILITIES | 9 | (94,811 | ) | (109,102 | ) |

NET ASSETS | 762,603 |  | 1,205,089 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | 762,601 |  | 1,205,087 |  |

SHAREHOLDERS' FUNDS | 762,603 |  | 1,205,089 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

| Specialised Movers Limited (Registered number: 06657750) |

Balance Sheet - continued

31 March 2023

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2023 and were signed on its behalf by:

N Shaw - Director

Mrs C Shaw - Director

| Specialised Movers Limited (Registered number: 06657750) |

Notes to the Financial Statements

for the Year Ended 31 March 2023

1. | STATUTORY INFORMATION

| Specialised Movers 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| 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 | - | 15% on reducing balance

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Stocks

| 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 items.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

| Specialised Movers Limited (Registered number: 06657750) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2023

2. | ACCOUNTING POLICIES - continued

| 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.

| Goodwill

| Goodwill acquired in 2010 for £250,000 was subsequently revalued in 2012 to £200,000. This is being depreciated over a ten year period on a straight line basis.

| Goodwill purchased in 2019 for £16,700 is being depreciated over a ten year period on a straight line basis.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 46 (2022 - 48 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST OR VALUATION

| At 1 April 2022

| and 31 March 2023 | 216,700 |  |

| AMORTISATION

| At 1 April 2022 | 206,680 |  |

| Charge for year | 1,670 |  |

| At 31 March 2023 | 208,350 |  |

| NET BOOK VALUE

| At 31 March 2023 | 8,350 |  |

| At 31 March 2022 | 10,020 |  |

| Cost or valuation at 31 March 2023 is represented by:

| Goodwill

£ |

| Valuation in 2011 | 250,000 |  |

| Valuation in 2012 | (50,000 | ) |

| Valuation in 2019 | 16,700 |  |

216,700 |  |

| Specialised Movers Limited (Registered number: 06657750) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2023

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |

| machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ |

| COST

| At 1 April 2022 | 128,359 |  | 132,587 |  | 934,304 |  | 1,195,250 |  |

| Additions | - |  | 183 |  | 104,756 |  | 104,939 |  |

| Disposals | - |  | - |  | (63,946 | ) | (63,946 | ) |

| At 31 March 2023 | 128,359 |  | 132,770 |  | 975,114 |  | 1,236,243 |  |

| DEPRECIATION

| At 1 April 2022 | 71,033 |  | 78,004 |  | 468,373 |  | 617,410 |  |

| Charge for year | 8,599 |  | 8,215 |  | 131,545 |  | 148,359 |  |

| Eliminated on disposal | - |  | - |  | (31,934 | ) | (31,934 | ) |

| At 31 March 2023 | 79,632 |  | 86,219 |  | 567,984 |  | 733,835 |  |

| NET BOOK VALUE

| At 31 March 2023 | 48,727 |  | 46,551 |  | 407,130 |  | 502,408 |  |

| At 31 March 2022 | 57,326 |  | 54,583 |  | 465,931 |  | 577,840 |  |

6. | DEBTORS

| 31.3.23 |  | 31.3.22

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 1,045,476 |  | 583,196 |  |

| Other debtors | 105,991 |  | 98,618 |  |

1,151,467 |  | 681,814 |  |

| Amounts falling due after more than one year:

| Other debtors | 1,188 |  | 1,763 |  |

| Aggregate amounts | 1,152,655 |  | 683,577 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.23 |  | 31.3.22

£ | £ |

| Bank loans and overdrafts | 56,292 |  | 50,269 |  |

| Hire purchase contracts | 45,966 |  | 48,577 |  |

| Trade creditors | 123,148 |  | 117,737 |  |

| Taxation and social security | 254,299 |  | 131,730 |  |

| Other creditors | 355,850 |  | 313,484 |  |

835,555 |  | 661,797 |  |

| Specialised Movers Limited (Registered number: 06657750) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2023

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.23 |  | 31.3.22

£ | £ |

| Hire purchase contracts | 45,419 |  | 35,362 |  |

9. | PROVISIONS FOR LIABILITIES

| 31.3.23 |  | 31.3.22

£ | £ |

| Deferred tax | 94,811 |  | 109,102 |  |

| Deferred |

| tax |

£ |

| Balance at 1 April 2022 | 109,102 |  |

| Provided during year | (14,291 | ) |

| Balance at 31 March 2023 | 94,811 |  |