Caseware UK (AP4) 2023.0.135 2023.0.135 2023-06-302023-06-302022-07-01falseremovals2421truetrue 06752608 2022-07-01 2023-06-30 06752608 2021-07-01 2022-06-30 06752608 2023-06-30 06752608 2022-06-30 06752608 2021-07-01 06752608 c:Director8 2022-07-01 2023-06-30 06752608 d:Buildings d:LongLeaseholdAssets 2022-07-01 2023-06-30 06752608 d:Buildings d:LongLeaseholdAssets 2023-06-30 06752608 d:Buildings d:LongLeaseholdAssets 2022-06-30 06752608 d:PlantMachinery 2022-07-01 2023-06-30 06752608 d:PlantMachinery 2023-06-30 06752608 d:PlantMachinery 2022-06-30 06752608 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 06752608 d:MotorVehicles 2022-07-01 2023-06-30 06752608 d:MotorVehicles 2023-06-30 06752608 d:MotorVehicles 2022-06-30 06752608 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 06752608 d:FurnitureFittings 2022-07-01 2023-06-30 06752608 d:FurnitureFittings 2023-06-30 06752608 d:FurnitureFittings 2022-06-30 06752608 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 06752608 d:OfficeEquipment 2022-07-01 2023-06-30 06752608 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 06752608 d:CurrentFinancialInstruments 2023-06-30 06752608 d:CurrentFinancialInstruments 2022-06-30 06752608 d:Non-currentFinancialInstruments 2023-06-30 06752608 d:Non-currentFinancialInstruments 2022-06-30 06752608 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 06752608 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 06752608 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 06752608 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 06752608 d:ShareCapital 2023-06-30 06752608 d:ShareCapital 2022-06-30 06752608 d:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 06752608 d:RetainedEarningsAccumulatedLosses 2023-06-30 06752608 d:RetainedEarningsAccumulatedLosses 2022-06-30 06752608 c:OrdinaryShareClass1 2022-07-01 2023-06-30 06752608 c:OrdinaryShareClass1 2023-06-30 06752608 c:OrdinaryShareClass1 2022-06-30 06752608 c:OrdinaryShareClass2 2022-07-01 2023-06-30 06752608 c:OrdinaryShareClass2 2023-06-30 06752608 c:OrdinaryShareClass2 2022-06-30 06752608 c:FRS102 2022-07-01 2023-06-30 06752608 c:Audited 2022-07-01 2023-06-30 06752608 c:FullAccounts 2022-07-01 2023-06-30 06752608 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 06752608 d:Subsidiary1 2022-07-01 2023-06-30 06752608 d:Subsidiary1 1 2022-07-01 2023-06-30 06752608 d:WithinOneYear 2023-06-30 06752608 d:WithinOneYear 2022-06-30 06752608 d:BetweenOneFiveYears 2023-06-30 06752608 d:BetweenOneFiveYears 2022-06-30 06752608 d:MoreThanFiveYears 2023-06-30 06752608 d:MoreThanFiveYears 2022-06-30 06752608 d:HirePurchaseContracts d:WithinOneYear 2023-06-30 06752608 d:HirePurchaseContracts d:WithinOneYear 2022-06-30 06752608 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-06-30 06752608 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-06-30 06752608 c:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 06752608 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 06752608 d:AcceleratedTaxDepreciationDeferredTax 2022-06-30 06752608 d:TaxLossesCarry-forwardsDeferredTax 2023-06-30 06752608 d:TaxLossesCarry-forwardsDeferredTax 2022-06-30 06752608 6 2022-07-01 2023-06-30 06752608 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-06-30 06752608 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06752608









GERSON RELOCATION LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
GERSON RELOCATION LIMITED
REGISTERED NUMBER: 06752608

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
26,433
53,573

Investments
 6 
1,584,358
29,635

  
1,610,791
83,208

Current assets
  

Debtors: amounts falling due within one year
 7 
3,116,592
4,980,521

Cash at bank and in hand
  
358,887
127,327

  
3,475,479
5,107,848

Creditors: amounts falling due within one year
 8 
(4,307,037)
(4,564,242)

Net current (liabilities)/assets
  
 
 
(831,558)
 
 
543,606

Total assets less current liabilities
  
779,233
626,814

Creditors: amounts falling due after more than one year
 9 
-
(6,553)

Provisions for liabilities
  

Deferred tax
 11 
(1,274)
(1,274)

  
 
 
(1,274)
 
 
(1,274)

Net assets
  
777,959
618,987


Capital and reserves
  

Called up share capital 
 12 
100,000
100,000

Profit and loss account
 13 
677,959
518,987

  
777,959
618,987


Page 1

 
GERSON RELOCATION LIMITED
REGISTERED NUMBER: 06752608
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2023

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 March 2024.

................................................
D M Hibbert
Director

The notes on pages 3 to 15 form part of these financial statements.

Page 2

 
GERSON RELOCATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Gerson Relocation Limited is a private company, limited by shares, incorporated in England and Wales. Its registered office is The Heights East, Cranborne Road, Potters Bar, EN6 3JN.
The principal activity of the company during the year was relocation, overseas moving and storage, specifically aimed at the international corporate market.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.

 
2.3

Going concern

The financial statements have been prepared on the going concern basis, which assumes that the Company will continue to trade for the foreseeable future, being a period of at least twelve months from the date of approval of these financial statements, and will be able to meet its debts as they fall due.
In the year ended 30 June 2023, the company incurred a profit before tax of £158,972 
(2022: £292,275) and at the balance sheet date, there were net assets of £777,959 (2022: £618,987).
The ultimate controlling party has confirmed that it will not demand repayment of the existing loans until the group is in a position to do so. This commitment is also for a period of at least twelve months from the approval of these financial statements. 
The directors have prepared detailed profit and cash flow forecasts for the year ended 30 June 2024 based on current and expected trading conditions. These show an increase in profitability and cash generation.
As a result of these projections, and continued support from group companies, the directors are confident that the Company's access to working capital and future profit generation will be sufficient to support the business in the foreseeable future, and accordingly, consider it appropriate to prepare the financial statements on a going concern basis.

Page 3

 
GERSON RELOCATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.4

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.5

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 4

 
GERSON RELOCATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.6

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.8

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 5

 
GERSON RELOCATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.9

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income 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 income.
A payment equivalent to the tax, as a result of the losses surrendered by the company to the group, will be made by the respective group companies. 

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.10

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.11

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 6

 
GERSON RELOCATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.11
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Long-term leasehold property
-
Over the life of the lease
Plant and machinery
-
Straight line over 5 years
Motor vehicles
-
Straight line over 5 years
Fixtures and fittings
-
Straight line over 5 years
Office equipment
-
Straight line over 3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.12

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.13

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.14

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of Financial Position.

 
2.15

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary share.
 
Page 7

 
GERSON RELOCATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.15
Financial instruments (continued)

(i) Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method. At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings/Statement of Comprehensive Income.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
(ii) Financial liabilities
Basic financial liabilities, including trade and other creditors, amounts due to related companies and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. 
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
(iii) Offsetting
Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 8

 
GERSON RELOCATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

3.


Judgements in applying accounting policies and key sources of estimation uncertainty

IIn the application of the Company's accounting policies, the Directors are required to make judgements, estimates assumptions. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from those estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
The estimates and assumption which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are outlined below:
Amortisation and depreciation of intangible and tangible fixed assets which have been calculated in accordance with accounting policies 2.12 and 2.13 and which are disclosed in notes 8 and 9.
Estimation of costs to be accrued in respect of jobs which have been completed at the financial statement date where invoices have not been received from suppliers, which are included within accruals and deferred income in note 12.


4.


Employees

The average monthly number of employees, including directors, during the year was 24 (2022 - 21).

Page 9

 
GERSON RELOCATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost or valuation


At 1 July 2022
5,490
-
37,798
342,441
385,729


Additions
-
94
-
-
94


Disposals
(5,490)
(94)
-
-
(5,584)



At 30 June 2023

-
-
37,798
342,441
380,239



Depreciation


At 1 July 2022
92
-
35,411
296,653
332,156


Charge for the year on owned assets
-
94
2,387
19,355
21,836


Disposals
(92)
(94)
-
-
(186)



At 30 June 2023

-
-
37,798
316,008
353,806



Net book value



At 30 June 2023
-
-
-
26,433
26,433



At 30 June 2022
5,398
-
2,387
45,788
53,573

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2023
2022
£
£



Motor vehicles
-
11,691

Page 10

 
GERSON RELOCATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

6.


Fixed asset investments





Investments in subsidiary companies
Unlisted investments
Total

£
£
£



Cost or valuation


At 1 July 2022
86
29,549
29,635


Additions
1,554,723
-
1,554,723



At 30 June 2023
1,554,809
29,549
1,584,358





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Principal activity

Class of shares

Holding

Gerson Relocation BV
Relocation
Ordinary
100%


7.


Debtors

2023
2022
£
£


Trade debtors
802,544
1,942,354

Amounts owed by group undertakings
1,850,853
2,530,032

Other debtors
165,515
69,897

Prepayments and accrued income
297,680
438,238

3,116,592
4,980,521


Page 11

 
GERSON RELOCATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,464,330
1,699,164

Amounts owed to group undertakings
2,285,728
1,742,803

Other taxation and social security
25,579
22,176

Obligations under finance lease and hire purchase contracts
5,842
10,000

Other creditors
183,275
108,514

Accruals and deferred income
342,283
981,585

4,307,037
4,564,242


Obligations under finance lease and hire purchase contracts are secured on the assets to which they relate.


9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
-
6,553


Obligations under finance lease and hire purchase contracts are secured on the assets to which they relate.


10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
5,842
10,000

Between 1-5 years
-
6,553

5,842
16,553

Page 12

 
GERSON RELOCATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

11.


Deferred taxation




2023
2022


£

£






At beginning of year
(1,274)
(14,161)


Charged to profit or loss
-
12,887



At end of year
(1,274)
(1,274)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
2,734
2,734

Short term timing differences
(4,008)
(4,008)

(1,274)
(1,274)

Page 13

 
GERSON RELOCATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

12.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



90,100 (2022 - 90,100) Ordinary A shares of £1.00 each
90,100
90,100
9,900 (2022 - 9,900) Ordinary B shares of £1.00 each
9,900
9,900

100,000

100,000

Each share class ranks equally with each other.



13.


Reserves

Profit and loss account

Profit & loss account includes all current and prior retained earnings.


14.


Contingent liabilities

A composite company unlimited guarantee has been given by the company and it’s group companies, Momentous Relocation Limited, AGM Relocation Limited, Global Moving Services Limited, AGM Bishops Limited and Abels Moving Services Limited, to its bankers to secure all the liabilities of each other.


15.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. Contributions totalling £6,348 (2022: £5,841) were payable to the fund at the reporting date and are included in creditors.


16.


Commitments under operating leases

At 30 June 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
566,698
565,150

Later than 1 year and not later than 5 years
2,262,148
2,262,148

Later than 5 years
4,480,943
5,047,641

7,309,789
7,874,939

Page 14

 
GERSON RELOCATION LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

17.


Related party transactions

Where possible the company has taken advantage of the exemption conferred by section 33.1A of FRS 102 from the requirement to disclose transactions with other wholly owned group undertakings.


18.


Controlling party

The ultimate parent undertaking is AGM Relocation Limited. Copies of the group financial statements are available its trading address, The Heights East, Cranborne Road, Potters Bar, England, EN6 3JN.
The ultimate controlling party is Ms. India Abigail Sargent.


19.


Auditors' information

The auditors' report on the financial statements for the year ended 30 June 2023 was unqualified.

The audit report was signed on 28 March 2024 by Ian Saunderson (Senior Statutory Auditor) on behalf of BKL Audit LLP.

Page 15