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REGISTERED NUMBER: 00896030 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024

FOR

BUCKLE MANAGEMENT & HOLDINGS LIMITED

BUCKLE MANAGEMENT & HOLDINGS LIMITED (REGISTERED NUMBER: 00896030)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30th April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


BUCKLE MANAGEMENT & HOLDINGS LIMITED

COMPANY INFORMATION
for the year ended 30th April 2024







DIRECTORS: Mrs J Buckle
J C Buckle
T C Buckle
R I Buckle





SECRETARY: T C Buckle





REGISTERED OFFICE: Priestley House
Priestley Gardens
Chadwell Heath
Essex
RM6 4SN





REGISTERED NUMBER: 00896030 (England and Wales)





AUDITORS: Chegwidden & Co
Statutory Auditors
Chartered Accountants
Priestley House
Priestley Gardens
Chadwell Heath
Essex, RM6 4SN

BUCKLE MANAGEMENT & HOLDINGS LIMITED (REGISTERED NUMBER: 00896030)

ABRIDGED BALANCE SHEET
30th April 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,757 66
Investments 5 13,869 13,945
15,626 14,011

CURRENT ASSETS
Debtors 48,301 106,799
Cash at bank 891,257 958,659
939,558 1,065,458
CREDITORS
Amounts falling due within one year 66,066 299,277
NET CURRENT ASSETS 873,492 766,181
TOTAL ASSETS LESS CURRENT
LIABILITIES

889,118

780,192

CAPITAL AND RESERVES
Called up share capital 6 2,000 2,000
Retained earnings 887,118 778,192
SHAREHOLDERS' FUNDS 889,118 780,192

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30th April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13th May 2025 and were signed on its behalf by:





Mrs J Buckle - Director


BUCKLE MANAGEMENT & HOLDINGS LIMITED (REGISTERED NUMBER: 00896030)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30th April 2024

1. STATUTORY INFORMATION

Buckle Management & Holdings 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.
Computer equipment - 33% on cost

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Group accounts
The Company and its subsidiaries comprise a small group. The Company has therefore taken advantage of exemptions provided by section 398 of the Companies Act 2006 not to produce group accounts.

BUCKLE MANAGEMENT & HOLDINGS LIMITED (REGISTERED NUMBER: 00896030)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30th April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st May 2023 5,734
Additions 2,039
Disposals (4,583 )
At 30th April 2024 3,190
DEPRECIATION
At 1st May 2023 5,668
Charge for year 343
Eliminated on disposal (4,578 )
At 30th April 2024 1,433
NET BOOK VALUE
At 30th April 2024 1,757
At 30th April 2023 66

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1st May 2023 13,945
Disposals (76 )
At 30th April 2024 13,869
NET BOOK VALUE
At 30th April 2024 13,869
At 30th April 2023 13,945

BUCKLE MANAGEMENT & HOLDINGS LIMITED (REGISTERED NUMBER: 00896030)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30th April 2024

5. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

BMW Shipping Agents Limited
Registered office:
Nature of business: Shipping and forwarding agents
%
Class of shares: holding
Ordinary shares 83.70
2024 2023
£    £   
Aggregate capital and reserves 73,188 94,856
Loss for the year (21,668 ) (64,847 )

Buckle Shipping Limited
Registered office:
Nature of business: Shipping and forwarding agents
%
Class of shares: holding
Ordinary shares 100.00
2024 2023
£    £   
Aggregate capital and reserves 1,000 1,000

Buckle Shipping (Ipswich) Limited
Registered office:
Nature of business: Shipping and Forwarding agents
%
Class of shares: holding
Ordinary shares 75.00
2024 2023
£    £   
Aggregate capital and reserves 3,641,319 3,519,547
Profit for the year 505,522 788,260

Walcabe Freight Forwarding Limited
Registered office:
Nature of business: Shipping and forwarding agents
%
Class of shares: holding
Ordinary shares 76.00
2024 2023
£    £   
Aggregate capital and reserves - 608,358
Profit for the year - 1,750

The percentage holding stated represents the direct holding of each Company's issued share capital.

Walcabe Freight Forwarding Limited was put into liquidation on 12 January 2024.

BUCKLE MANAGEMENT & HOLDINGS LIMITED (REGISTERED NUMBER: 00896030)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30th April 2024

5. FIXED ASSET INVESTMENTS - continued

In the opinion of the directors, the carrying value of the fixed asset investments are fairly stated and no impairment review is required.

6. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
2,000 Ordinary shares £1 2,000 2,000

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

P G Harris ACA FCCA (Senior Statutory Auditor)
for and on behalf of Chegwidden & Co

8. RELATED PARTY DISCLOSURES

Management charges were made to the following subsidiary companies:-
Sales ledger Sales ledger
transactions transactions
30/4/2024 30/4/2023

BMW Shipping Agents Limited 22,333 21,000
Buckle Shipping (Ipswich) Limited 60,000 55,000
Walcabe Freight Forwarding Limited - -
82,333 76,000

The above trading transactions represent management charges to group companies.

Balance at Balance at
30/4/2024 30/4/2023

Buckle Shipping (Ipswich) Limited - 4,500
Buckle Shipping Limited (1,000 ) (1,000 )
BMW Shipping Agents Limited (8,695 ) -
Walcabe Freight Forwarding Limited - (268,371 )
(9,695 ) (264,871 )

The above balances represent amounts due group companies at the balance sheet date.

Other Related Party Transactions

Dividends of £30,000 (2023: £30,000) were paid to the directors in the year.

9. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

BUCKLE MANAGEMENT & HOLDINGS LIMITED (REGISTERED NUMBER: 00896030)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30th April 2024

10. ULTIMATE CONTROLLING PARTY

The shareholding is such that there is no controlling interest.