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Registration number: 11729619

Chemeco UK Ltd

Annual Report and Unaudited Financial Statements


for the Year Ended 31 March 2025

 

Chemeco UK Ltd
 

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Balance Sheet

4

Statement of Changes in Equity

5

Notes to the Unaudited Financial Statements

6 to 10

 

Chemeco UK Ltd
 

Company Information

Directors

Mr Anthony Charles Edward Smith

Mrs Wendy Laura Smith

Registered office

Whitewood Farm
Whitchurch
Bristol
BS14 0BU

Accountants

Oakleys Professional Limited
14 St Owen Street
Hereford
HR1 2PL

 

Chemeco UK Ltd
 

Directors' Report for the Year Ended 31 March 2025

The directors present their report and the financial statements for the year ended 31 March 2025.

Directors of the company

The directors who held office during the year were as follows:

Mr Anthony Charles Edward Smith

Mrs Wendy Laura Smith

Principal activity

The principal activity of the company is Manufacturer and selling of chemical products

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 25 July 2025 and signed on its behalf by:

.........................................
Mr Anthony Charles Edward Smith
Director

.........................................
Mrs Wendy Laura Smith
Director

 
     
 

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Chemeco UK Ltd
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Chemeco UK Ltd for the year ended 31 March 2025 as set out on pages 4 to 10 from the company's accounting records and from information and explanations you have given us.

We have not been instructed to carry out an audit or a review of the accounts of Chemeco UK Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Oakleys Professional Limited
14 St Owen Street
Hereford
HR1 2PL

25 July 2025

 

Chemeco UK Ltd
 

(Registration number: 11729619)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

fixed assets

 

Intangible assets

4

170,825

170,825

tangible assets

5

346,482

324,771

 

517,307

495,596

Current assets

 

Debtors

154,098

199,879

Cash at bank

 

221,938

136,903

 

376,036

336,782

Creditors: Amounts falling due within one year

(318,268)

(336,632)

Net current assets

 

57,768

150

Net assets

 

575,075

495,746

capital and reserves

 

Called up share capital

10,000

10,000

Revaluation reserve

170,825

170,825

Profit and loss account

394,250

314,921

Total equity

 

575,075

495,746

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 25 July 2025 and signed on its behalf by:
 

.........................................
Mr Anthony Charles Edward Smith
Director

.........................................
Mrs Wendy Laura Smith
Director

 
     
 

Chemeco UK Ltd
 

Statement of Changes in Equity for the Year Ended 31 March 2025

Share capital
£

Revaluation reserve
£

Retained earnings
£

Total
£

At 1 April 2024

10,000

170,825

314,922

495,747

Profit for the year

-

-

83,928

83,928

Dividends

-

-

(4,600)

(4,600)

At 31 March 2025

10,000

170,825

394,250

575,075

Share capital
£

Revaluation reserve
£

Retained earnings
£

Total
£

At 1 April 2023

10,000

-

293,669

303,669

Other adjustment

-

170,825

-

170,825

At 1 April 2023 (As restated)

10,000

170,825

293,669

474,494

Profit for the year

-

-

26,652

26,652

Dividends

-

-

(5,400)

(5,400)

At 31 March 2024

10,000

170,825

314,921

495,746

 

Chemeco UK Ltd
 

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Whitewood Farm
Whitchurch
Bristol
BS14 0BU

The principal place of business is:
Whitewood Farm
Whitchurch
Bristol
BS14 0BU

These financial statements were authorised for issue by the Board on 25 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Chemeco UK Ltd
 

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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 taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures & fittings

25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

The directors have chosen the fair value model basis for the valuation of biological assets under FRS 102.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Chemeco UK Ltd
 

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 April 2024

170,825

170,825

At 31 March 2025

170,825

170,825

Amortisation

Carrying amount

At 31 March 2025

170,825

170,825

At 31 March 2024

170,825

170,825

 

Chemeco UK Ltd
 

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Motor vehicles
 £

Plant and machinery
£

Total
£

Cost or valuation

At 1 April 2024

286,312

22,631

64,700

3,016

376,659

Additions

-

-

-

30,000

30,000

At 31 March 2025

286,312

22,631

64,700

33,016

406,659

Depreciation

At 1 April 2024

-

12,370

38,199

1,319

51,888

Charge for the year

-

2,565

5,300

424

8,289

At 31 March 2025

-

14,935

43,499

1,743

60,177

Carrying amount

At 31 March 2025

286,312

7,696

21,201

31,273

346,482

At 31 March 2024

286,312

10,261

26,501

1,697

324,771

Included within the net book value of land and buildings above is £286,312 (2024 - £286,312) in respect of freehold land and buildings.
 

 

Chemeco UK Ltd
 

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Share capital

Allotted, called up and fully paid shares

 

2025

2024

 

No.

£

No.

£

Ordinary A of £1 each

4,450

4,450

4,450

4,450

Ordinary B of £1 each

4,450

4,450

4,450

4,450

Ordinary C of £1 each

1,100

1,100

1,100

1,100

 

10,000

10,000

10,000

10,000