CITY REMOVALS LTD

Company Registration Number:
06555077 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

CITY REMOVALS LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

CITY REMOVALS LTD

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 391,506 391,659
Total fixed assets: 391,506 391,659
Current assets
Debtors:   8,917 54,262
Cash at bank and in hand: 123,766 171,666
Total current assets: 132,683 225,928
Creditors: amounts falling due within one year: 4 (94,751) (156,439)
Net current assets (liabilities): 37,932 69,489
Total assets less current liabilities: 429,438 461,148
Creditors: amounts falling due after more than one year:   (27,846) (79,705)
Total net assets (liabilities): 401,592 381,443
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 401,492 381,343
Shareholders funds: 401,592 381,443

The notes form part of these financial statements

CITY REMOVALS LTD

Balance sheet statements

For the year ending 30 April 2024 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 14 January 2025
and signed on behalf of the board by:

Name: Razvan Alexandru Nicolescu
Status: Director

The notes form part of these financial statements

CITY REMOVALS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

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

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings - over 50 years Plant and machinery - over 5 years

CITY REMOVALS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 7 7

CITY REMOVALS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 585,150
Additions 86,049
Disposals (28,010)
At 30 April 2024 643,189
Depreciation
At 01 May 2023 193,491
Charge for year 86,203
On disposals (28,011)
At 30 April 2024 251,683
Net book value
At 30 April 2024 391,506
At 30 April 2023 391,659

CITY REMOVALS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.