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REGISTERED NUMBER: 11539719 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2024

FOR

SIMS LOGISTICS (BIRMINGHAM) LIMITED

SIMS LOGISTICS (BIRMINGHAM) LIMITED (REGISTERED NUMBER: 11539719)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


SIMS LOGISTICS (BIRMINGHAM) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2024







DIRECTORS: K H Daniels-Sims
T P Casson
N A Horton





REGISTERED OFFICE: Trade Winds House
Barton Road
Heaton Mersey
Stockport
Cheshire
SK4 3EG





REGISTERED NUMBER: 11539719 (England and Wales)





ACCOUNTANTS: Allens Accountants Limited
Chartered Accountants
123 Wellington Road South
Stockport
Cheshire
SK1 3TH

SIMS LOGISTICS (BIRMINGHAM) LIMITED (REGISTERED NUMBER: 11539719)

BALANCE SHEET
30TH NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 669 1,129

CURRENT ASSETS
Debtors 5 593,290 463,172
Cash at bank 129,490 116,779
722,780 579,951
CREDITORS
Amounts falling due within one year 6 430,990 419,799
NET CURRENT ASSETS 291,790 160,152
TOTAL ASSETS LESS CURRENT
LIABILITIES

292,459

161,281

CREDITORS
Amounts falling due after more than one
year

7

(28,481

)

(34,270

)

PROVISIONS FOR LIABILITIES (167 ) (215 )
NET ASSETS 263,811 126,796

CAPITAL AND RESERVES
Called up share capital 9 111 111
Retained earnings 263,700 126,685
SHAREHOLDERS' FUNDS 263,811 126,796

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2024 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.

SIMS LOGISTICS (BIRMINGHAM) LIMITED (REGISTERED NUMBER: 11539719)

BALANCE SHEET - continued
30TH NOVEMBER 2024


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 9th April 2025 and were signed on its behalf by:




K H Daniels-Sims - Director



T P Casson - Director


SIMS LOGISTICS (BIRMINGHAM) LIMITED (REGISTERED NUMBER: 11539719)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2024

1. STATUTORY INFORMATION

Sims Logistics (Birmingham) 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.

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

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 etc - 33% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

SIMS LOGISTICS (BIRMINGHAM) LIMITED (REGISTERED NUMBER: 11539719)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2023
and 30th November 2024 3,581
DEPRECIATION
At 1st December 2023 2,452
Charge for year 460
At 30th November 2024 2,912
NET BOOK VALUE
At 30th November 2024 669
At 30th November 2023 1,129

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 314,641 298,878
Other debtors 278,649 164,294
593,290 463,172

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,792 5,650
Trade creditors 307,618 283,778
Taxation and social security 46,534 3,578
Other creditors 71,046 126,793
430,990 419,799

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 28,481 34,270

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 3,809 10,207

SIMS LOGISTICS (BIRMINGHAM) LIMITED (REGISTERED NUMBER: 11539719)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 34,273 39,920

The Bank loans and overdraft are secured by a fixed and floating charge over all assets of the company.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
111 Ordinary £1 111 111

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th November 2024 and 30th November 2023:

2024 2023
£    £   
K H Daniels-Sims
Balance outstanding at start of year 13,439 5,939
Amounts advanced - 7,500
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 13,439 13,439